National CineMedia (NASDAQ:NCMI) Raised to "Hold" at Zacks Research

Key Points

• Zacks Research has upgraded National CineMedia (NASDAQ:NCMI) from a "strong sell" rating to a "hold" rating.
• The stock has recently seen mixed ratings from analysts, with some downgrading their positions, while the consensus rating remains a "Moderate Buy" with an average price target of $6.90.
• National CineMedia posted a revenue of $51.80 million last quarter, below the consensus estimate of $59.45 million, reflecting a negative net margin of 8.62%.

National CineMedia (NASDAQ:NCMI - Get Free Report) was upgraded by research analysts at Zacks Research from a "strong sell" rating to a "hold" rating in a research note issued to investors on Wednesday, September 3rd,Zacks.com reports.

A number of other research analysts have also issued reports on the company. Wedbush set a $7.00 price objective on National CineMedia and gave the company an "outperform" rating in a research report on Monday, August 4th. Benchmark decreased their price target on National CineMedia from $8.00 to $7.00 and set a "buy" rating for the company in a research note on Wednesday, June 25th. Wall Street Zen lowered National CineMedia from a "hold" rating to a "sell" rating in a report on Thursday, May 8th. Finally, B. Riley lowered National CineMedia from a "buy" rating to a "neutral" rating and set a $6.00 target price on the stock. in a report on Friday, May 16th. Three analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $6.90.

National CineMedia Stock Performance

Shares of NASDAQ NCMI traded up $0.02 during trading on Wednesday, reaching $4.67. The stock had a trading volume of 68,164 shares, compared to its average volume of 653,583. National CineMedia has a one year low of $4.12 and a one year high of $7.60. The stock has a market cap of $437.16 million, a PE ratio of -22.21 and a beta of 1.97. The firm's 50 day moving average price is $4.64 and its two-hundred day moving average price is $5.26.

National CineMedia (NASDAQ:NCMI - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The business services provider reported ($0.11) earnings per share (EPS) for the quarter, meeting 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 business had revenue of $51.80 million during the quarter, compared to analyst estimates of $59.45 million. National CineMedia has set its Q3 2025 guidance at EPS. On average, research analysts expect that National CineMedia will post -0.12 earnings per share for the current year.

Insider Buying and Selling at National CineMedia

In other news, EVP Maria Vg Woods sold 9,038 shares of the company's stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $4.82, for a total transaction of $43,563.16. Following the completion of the transaction, the executive vice president directly owned 111,246 shares in the company, valued at $536,205.72. The trade was a 7.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.40% of the company's stock.

Institutional Investors Weigh In On National CineMedia

Several hedge funds and other institutional investors have recently modified their holdings of NCMI. GAMMA Investing LLC lifted its position in National CineMedia by 502.0% in the first quarter. GAMMA Investing LLC now owns 5,081 shares of the business services provider's stock worth $30,000 after purchasing an additional 4,237 shares during the period. Strs Ohio bought a new position in National CineMedia in the first quarter worth $43,000. BNP Paribas Financial Markets bought a new position in National CineMedia in the fourth quarter worth $57,000. Kapitalo Investimentos Ltda bought a new position in National CineMedia in the first quarter worth $63,000. Finally, Legal & General Group Plc lifted its position in National CineMedia by 137.1% in the second quarter. Legal & General Group Plc now owns 14,327 shares of the business services provider's stock worth $69,000 after purchasing an additional 8,285 shares during the period. Institutional investors and hedge funds 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.