Research Analysts Set Expectations for National CineMedia, Inc.’s Q4 2024 Earnings (NASDAQ:NCMI)

National CineMedia, Inc. (NASDAQ:NCMI) – Barrington Research upped their Q4 2024 earnings per share (EPS) estimates for shares of National CineMedia in a research report issued on Tuesday, May 7th. Barrington Research analyst J. Goss now anticipates that the business services provider will post earnings per share of $0.23 for the quarter, up from their previous forecast of $0.18. The consensus estimate for National CineMedia’s current full-year earnings is $0.05 per share. Barrington Research also issued estimates for National CineMedia’s Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.27 EPS and FY2025 earnings at $0.29 EPS.

A number of other research analysts have also recently weighed in on the stock. B. Riley raised shares of National CineMedia from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $4.50 to $6.75 in a research note on Tuesday, March 19th. Benchmark reissued a “speculative buy” rating and set a $6.00 price target on shares of National CineMedia in a research report on Tuesday. Wedbush reissued a “neutral” rating and issued a $5.50 price target on shares of National CineMedia in a report on Tuesday. Finally, StockNews.com lowered National CineMedia from a “hold” rating to a “sell” rating in a research note on Wednesday.

National CineMedia Stock Performance

NASDAQ:NCMI opened at $4.69 on Wednesday. The company has a current ratio of 2.46, a quick ratio of 2.46 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $455.05 million, a P/E ratio of 0.14 and a beta of 1.93. The firm has a 50-day moving average price of $4.68 and a two-hundred day moving average price of $4.29. National CineMedia has a twelve month low of $2.57 and a twelve month high of $5.75.

National CineMedia (NASDAQ:NCMI) last released its quarterly earnings results on Monday, March 18th. The business services provider reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by ($0.01). National CineMedia had a negative return on equity of 22.42% and a net margin of 426.68%. The firm had revenue of $90.90 million for the quarter, compared to analyst estimates of $77.25 million.

Institutional Investors Weigh In On National CineMedia

Hedge funds and other institutional investors have recently made changes to their positions in the business. Oppenheimer Asset Management Inc. boosted its stake in National CineMedia by 38.9% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 23,897 shares of the business services provider’s stock worth $123,000 after buying an additional 6,690 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of National CineMedia by 16.3% during the 4th quarter. Wellington Management Group LLP now owns 1,336,947 shares of the business services provider’s stock worth $5,535,000 after acquiring an additional 187,613 shares during the period. Hotchkis & Wiley Capital Management LLC boosted its position in shares of National CineMedia by 35.6% in the fourth quarter. Hotchkis & Wiley Capital Management LLC now owns 4,740,197 shares of the business services provider’s stock worth $19,624,000 after acquiring an additional 1,245,650 shares during the last quarter. First Eagle Investment Management LLC purchased a new stake in National CineMedia in the fourth quarter valued at approximately $5,914,000. Finally, Jump Financial LLC acquired a new position in National CineMedia during the fourth quarter worth approximately $218,000. Hedge funds and other institutional investors own 69.49% of the company’s stock.

National CineMedia Company Profile

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.