Analysts Set National CineMedia, Inc. (NASDAQ:NCMI) Price Target at $6.90

Shares of National CineMedia, Inc. (NASDAQ:NCMI) have earned an average recommendation of “Moderate Buy” from the six research firms that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $6.90.

Several research analysts have issued reports on NCMI shares. Zacks Research raised National CineMedia from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 3rd. Benchmark dropped their target price on shares of National CineMedia from $8.00 to $7.00 and set a “buy” rating on the stock in a research report on Wednesday, June 25th. Finally, Wedbush set a $7.00 price objective on shares of National CineMedia and gave the stock an “outperform” rating in a research report on Monday, August 4th.

Insiders Place Their Bets

In other news, EVP Maria Vg Woods sold 9,038 shares of the company’s stock in a transaction on Monday, June 30th. The shares were sold at an average price of $4.82, for a total value of $43,563.16. Following the transaction, the executive vice president directly owned 111,246 shares of the company’s stock, valued at approximately $536,205.72. This represents a 7.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.25% of the company’s stock.

Hedge Funds Weigh In On National CineMedia

A number of hedge funds have recently added to or reduced their stakes in the company. Orbis Allan Gray Ltd acquired a new position in shares of National CineMedia during the 2nd quarter worth $20,338,000. Wellington Management Group LLP grew its position in National CineMedia by 21.1% in the 1st quarter. Wellington Management Group LLP now owns 3,538,933 shares of the business services provider’s stock worth $20,667,000 after purchasing an additional 615,417 shares during the last quarter. Vanguard Group Inc. grew its position in National CineMedia by 5.6% during the first quarter. Vanguard Group Inc. now owns 4,358,287 shares of the business services provider’s stock worth $25,452,000 after buying an additional 232,702 shares in the last quarter. Trexquant Investment LP grew its holdings in shares of National CineMedia by 156.3% during the 1st quarter. Trexquant Investment LP now owns 381,362 shares of the business services provider’s stock worth $2,227,000 after purchasing an additional 232,550 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its stake in National CineMedia by 217.0% during the second quarter. Squarepoint Ops LLC now owns 280,509 shares of the business services provider’s stock worth $1,359,000 after buying an additional 192,031 shares in the last quarter. Institutional investors and hedge funds own 69.49% of the company’s stock.

National CineMedia Stock Performance

NCMI opened at $4.65 on Tuesday. The stock’s fifty day moving average is $4.63 and its 200-day moving average is $5.14. National CineMedia has a one year low of $4.12 and a one year high of $7.60. The company has a market capitalization of $435.75 million, a PE ratio of -22.14 and a beta of 1.97.

National CineMedia (NASDAQ:NCMI) last released its earnings results on Tuesday, August 5th. The business services provider reported ($0.11) EPS for the quarter, hitting analysts’ consensus estimates of ($0.11). National CineMedia had a negative net margin of 8.62% and a negative return on equity of 3.51%. The business had revenue of $51.80 million for the quarter, compared to the consensus estimate of $59.45 million. National CineMedia has set its Q3 2025 guidance at EPS. On average, equities research analysts forecast that National CineMedia will post -0.12 EPS for the current fiscal year.

National CineMedia Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 29th. Shareholders of record on Friday, August 15th were paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Friday, August 15th. National CineMedia’s payout ratio is -57.14%.

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.