National CineMedia, Inc. (NASDAQ:NCMI) – Investment analysts at Barrington Research upped their Q2 2018 earnings per share estimates for shares of National CineMedia in a report issued on Monday. Barrington Research analyst J. Goss now forecasts that the business services provider will post earnings per share of $0.07 for the quarter, up from their previous estimate of $0.05. Barrington Research has a “Hold” rating on the stock. Barrington Research also issued estimates for National CineMedia’s Q3 2018 earnings at $0.11 EPS, Q4 2018 earnings at $0.22 EPS, FY2018 earnings at $0.34 EPS, Q2 2019 earnings at $0.07 EPS, Q3 2019 earnings at $0.11 EPS, FY2019 earnings at $0.34 EPS and FY2020 earnings at $0.35 EPS.

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Several other research analysts have also issued reports on the stock. BidaskClub raised shares of National CineMedia from a “hold” rating to a “buy” rating in a research note on Friday, December 22nd. B. Riley lowered shares of National CineMedia to a “hold” rating and set a $8.75 target price on the stock. in a research note on Monday, January 29th. ValuEngine raised shares of National CineMedia from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Zacks Investment Research raised shares of National CineMedia from a “sell” rating to a “hold” rating in a research note on Wednesday, January 24th. Finally, Benchmark reissued a “buy” rating and set a $10.00 price objective (down previously from $12.00) on shares of National CineMedia in a research note on Tuesday, March 13th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. National CineMedia currently has an average rating of “Hold” and a consensus target price of $7.92.

NCMI stock opened at $5.46 on Wednesday. The stock has a market cap of $439.99, a PE ratio of 273.00, a PEG ratio of 1.75 and a beta of 0.36. The company has a debt-to-equity ratio of -769.42, a current ratio of 1.94 and a quick ratio of 1.76. National CineMedia has a one year low of $5.12 and a one year high of $12.74.

National CineMedia (NASDAQ:NCMI) last issued its earnings results on Monday, March 12th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.06. The company had revenue of $140.70 million for the quarter, compared to analyst estimates of $144.48 million. National CineMedia had a net margin of 0.12% and a negative return on equity of 55.42%. The company’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.24 EPS.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 29th. Investors of record on Thursday, March 22nd will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 12.45%. The ex-dividend date of this dividend is Wednesday, March 21st. National CineMedia’s payout ratio is 3,400.00%.

In other news, major shareholder General L.P. Standard acquired 249,600 shares of National CineMedia stock in a transaction that occurred on Friday, March 16th. The shares were acquired at an average price of $5.74 per share, with a total value of $1,432,704.00. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. 5.40% of the stock is owned by company insiders.

Institutional investors have recently added to or reduced their stakes in the stock. HPM Partners LLC bought a new position in National CineMedia during the 4th quarter worth approximately $110,000. MetLife Investment Advisors LLC acquired a new stake in National CineMedia during the 4th quarter worth approximately $113,000. Engineers Gate Manager LP acquired a new stake in National CineMedia during the 4th quarter worth approximately $119,000. Teacher Retirement System of Texas acquired a new stake in National CineMedia during the 4th quarter worth approximately $149,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in National CineMedia during the 4th quarter worth approximately $165,000. 87.11% of the stock is currently owned by institutional investors and hedge funds.

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National CineMedia Company Profile

National CineMedia, Inc (NCM, Inc) is a holding company that manages its consolidated subsidiary National CineMedia, LLC (NCM LLC). The Company operates digital in-theater network in North America, allowing NCM LLC to sell advertising and certain third-party theater circuits under long-term network affiliate agreements.

Earnings History and Estimates for National CineMedia (NASDAQ:NCMI)

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