National CineMedia (NASDAQ:NCMI) PT Set at $7.00 by Wedbush

Key Points

• Wedbush has lowered the price target for National CineMedia (NCMI) from $7.50 to $7.00 while maintaining an "outperform" rating, indicating a potential upside of 49.89% from the current stock price.
• The stock has been downgraded by several analysts, with a consensus rating of "Hold" and an average target price of $6.90, reflecting bearish sentiment in the market.
• National CineMedia's stock is currently down 2.9%, trading at around $4.67, and has shown significant fluctuations over the past year with a low of $4.12 and a high of $7.60.

National CineMedia (NASDAQ:NCMI - Get Free Report) has been given a $7.00 price objective by equities research analysts at Wedbush in a research report issued to clients and investors on Monday, MarketBeat reports. The brokerage currently has an "outperform" rating on the business services provider's stock. Wedbush's price target would suggest a potential upside of 58.37% from the stock's previous close. Wedbush also issued estimates for National CineMedia's Q2 2025 earnings at ($0.12) EPS, Q4 2025 earnings at $0.34 EPS, FY2025 earnings at ($0.06) EPS, Q2 2026 earnings at ($0.06) EPS, Q3 2026 earnings at $0.03 EPS, Q4 2026 earnings at $0.35 EPS, FY2026 earnings at $0.09 EPS and FY2027 earnings at $0.16 EPS.

A number of other research analysts also recently issued reports on NCMI. B. Riley downgraded shares of National CineMedia from a "buy" rating to a "neutral" rating and set a $6.00 price objective on the stock. in a research report on Friday, May 16th. Wall Street Zen cut shares of National CineMedia from a "hold" rating to a "sell" rating in a research report on Thursday, May 8th. Finally, Benchmark decreased their price target on shares of National CineMedia from $8.00 to $7.00 and set a "buy" rating for the company in a research note on Wednesday, June 25th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $6.90.

National CineMedia Stock Performance

Shares of NASDAQ NCMI traded down $0.09 during trading hours on Monday, hitting $4.42. The company's stock had a trading volume of 463,532 shares, compared to its average volume of 684,554. National CineMedia has a 12 month low of $4.12 and a 12 month high of $7.60. The stock has a market cap of $414.20 million, a price-to-earnings ratio of -21.05 and a beta of 2.14. The business has a 50-day simple moving average of $4.98 and a 200-day simple moving average of $5.66.

National CineMedia (NASDAQ:NCMI - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The business services provider reported ($0.11) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.11). National CineMedia had a negative return on equity of 3.51% and a negative net margin of 8.62%. The firm had revenue of $51.80 million for the quarter, compared to analyst estimates of $59.45 million. On average, equities research analysts forecast that National CineMedia will post -0.12 EPS for the current year.

Insider Transactions at National CineMedia

In other National CineMedia news, EVP Maria Vg Woods sold 9,038 shares of the company's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $4.82, for a total value of $43,563.16. Following the sale, the executive vice president owned 111,246 shares in the company, valued at approximately $536,205.72. This represents a 7.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.25% of the stock is currently owned by company insiders.

Institutional Trading of National CineMedia

Several hedge funds and other institutional investors have recently made changes to their positions in NCMI. Renaissance Technologies LLC boosted its holdings in National CineMedia by 375.7% in the fourth quarter. Renaissance Technologies LLC now owns 127,500 shares of the business services provider's stock worth $847,000 after acquiring an additional 100,700 shares in the last quarter. GAMMA Investing LLC lifted its position in National CineMedia by 502.0% in the 1st quarter. GAMMA Investing LLC now owns 5,081 shares of the business services provider's stock valued at $30,000 after acquiring an additional 4,237 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its position in National CineMedia by 18.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 26,749 shares of the business services provider's stock valued at $178,000 after acquiring an additional 4,084 shares in the last quarter. Deutsche Bank AG boosted its stake in National CineMedia by 122.4% during the 4th quarter. Deutsche Bank AG now owns 83,863 shares of the business services provider's stock valued at $557,000 after purchasing an additional 46,163 shares during the last quarter. Finally, ProShare Advisors LLC increased its holdings in shares of National CineMedia by 46.4% in the 4th quarter. ProShare Advisors LLC now owns 19,611 shares of the business services provider's stock worth $130,000 after purchasing an additional 6,217 shares in the last quarter. Hedge funds and other institutional investors own 69.49% of the company's stock.

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.