National CineMedia, Inc. (NASDAQ:NCMI) Expected to Earn FY2025 Earnings of $0.24 Per Share

National CineMedia, Inc. (NASDAQ:NCMI - Free Report) - Equities research analysts at Barrington Research upped their FY2025 earnings per share estimates for National CineMedia in a research report issued to clients and investors on Monday, April 22nd. Barrington Research analyst J. Goss now expects that the business services provider will post earnings of $0.24 per share for the year, up from their prior estimate of $0.23. The consensus estimate for National CineMedia's current full-year earnings is $0.03 per share.

Other equities analysts also recently issued reports about the company. B. Riley raised National CineMedia from a "neutral" rating to a "buy" rating and upped their price target for the stock from $4.50 to $6.75 in a research report on Tuesday, March 19th. Wedbush upped their target price on National CineMedia from $4.50 to $5.50 and gave the company a "neutral" rating in a research report on Tuesday, March 19th. StockNews.com raised National CineMedia from a "sell" rating to a "hold" rating in a research report on Tuesday, April 16th. Finally, Benchmark reissued a "speculative buy" rating and issued a $6.00 target price on shares of National CineMedia in a research report on Wednesday, March 20th.

National CineMedia Stock Down 0.6 %

Shares of NCMI stock traded down $0.03 during trading hours on Wednesday, reaching $4.63. 456,411 shares of the company's stock were exchanged, compared to its average volume of 669,322. The stock's 50 day moving average is $4.60 and its 200-day moving average is $4.25. The company has a market cap of $449.25 million, a price-to-earnings ratio of 0.15 and a beta of 1.89. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 0.02. National CineMedia has a fifty-two week low of $1.80 and a fifty-two week high of $5.75.

National CineMedia (NASDAQ:NCMI - Get Free Report) last posted its earnings results on Monday, March 18th. The business services provider reported $0.09 earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by ($0.01). The company had revenue of $90.90 million for the quarter, compared to analysts' expectations of $77.25 million. National CineMedia had a negative return on equity of 22.42% and a net margin of 426.68%.

Institutional Investors Weigh In On National CineMedia

Several hedge funds have recently added to or reduced their stakes in the business. Zazove Associates LLC boosted its holdings in National CineMedia by 3.1% in the fourth quarter. Zazove Associates LLC now owns 130,126 shares of the business services provider's stock valued at $539,000 after purchasing an additional 3,921 shares during the last quarter. Hill Investment Group Partners LLC boosted its stake in shares of National CineMedia by 67.4% during the 4th quarter. Hill Investment Group Partners LLC now owns 17,116 shares of the business services provider's stock worth $71,000 after acquiring an additional 6,889 shares in the last quarter. State of New Jersey Common Pension Fund D purchased a new stake in shares of National CineMedia during the 3rd quarter worth about $136,000. Bank of New York Mellon Corp purchased a new stake in shares of National CineMedia during the 3rd quarter worth about $212,000. Finally, Jump Financial LLC purchased a new stake in shares of National CineMedia during the 4th quarter worth about $218,000. 69.49% of the stock is owned by hedge funds and other institutional investors.

About National CineMedia

National CineMedia, Inc, through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America. It engages in the sale of advertising to national, regional, and local businesses in Noovie, a cinema advertising and entertainment show seen on movie screens; and sells advertising on its Lobby Entertainment Network, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theatre lobbies.