National CineMedia Inc. (NCMI) Price Targets: What Do They Mean?

At the last check on Friday, National CineMedia Inc.’s (NASDAQ:NCMI) stock was down -$0.11, moving down -6.32 percent to $1.67. The average number of shares traded per day over the past five days has been 949,383 shares. 4 times new highs have been achieved over the past 5 days, with a $0.1700 gain in that time frame. In the last twenty days, the average volume was 799,176, while in the previous 50 days, it was 1,133,770.

Since last month, NCMI stock rose 90.37%. Shares of the company fell to $0.9101 on 07/12/22, the lowest level in the past month. A 52-week high of $3.97 was reached on 02/16/22 after having rallying from a 52-week low of $0.88. Since the beginning of this year, NCMI’s stock price has dropped by -36.65% or -$1.1800, and marked a new high 7 times. However, the stock has declined by -58.00% since its 52-week high.

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National CineMedia Inc. (NCMI) last reported insider trading activity 34 days ago on Jul 02. Felenstein Scott D, the President – Sales & Marketing of the company, disposed of 381 shares for $0.94 on Jul 02. It resulted in a $358 divestment by the insider. Lesinski Thomas F. sold 15,081 shares at an average price of $2.97 on Feb 28. The insider now owns 219,026 shares following the transaction. On Feb 28, President – Sales & Marketing Felenstein Scott D sold 7,030 shares at $2.97 apiece. The transaction was valued at $20,879.

Valuation Metrics

The latest dividend of $0.03 per share was paid out, which is -40.0% less than last year’s $0.05. On Monday May 9 2022, a $0.02 dividend decrease was announced.

Financial Health

In the three months ended March 30, National CineMedia Inc.’s quick ratio stood at 2.80, while its current ratio was 2.80, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 34.50% percent. In the year ended March 30, operating margins totaled -38.20%. Based on annual data, NCMI earned $37.7 million in gross profit and brought in $114.6 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -9.40%. Return on equity (ROE) for the past 12 months was 10.30%.

In National CineMedia Inc.’s quarter-end financial report for March 30, it reported total debt of $1.14 billion against cash and short-term investments of $0.3 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. NCMI’s revenue rose 84.96% to $63.5 million during the quarter, while net income inched up to $35.9 million. While analysts expected National CineMedia Inc. to report -$0.16 quarterly earnings, the actual figure was -$0.2 per share, beating the consensus estimate by -25.00%. During the quarter, the company generated -$12.2 million in EBITDA. The liabilities of National CineMedia Inc. were 1.24 billion at the end of its most recent quarter ended March 30, and its total debt was $1.17 billion. The value of shareholders’ equity is $81.75 million.

Technical Picture

This quick technical analysis looks at National CineMedia Inc.’s (NCMI) price momentum. With a historical volatility rate of 93.65%, the RSI 9-day stood at 69.29% on 04 August.

With respect to its five-day moving average, the current National CineMedia Inc. price is up by +11.64% percent or $0.1700. At present, NCMI shares trade +67.27% above its 20-day simple moving average and -34.54% percent below its 100-day simple moving average. However, the stock is currently trading approximately +46.85% above its SMA50 and -54.60% below its SMA200.

Stochastic coefficient K was 86.59% and Stochastic coefficient D was 91.77%, while ATR was 0.1319. Given the Stochastic reading of 74.06% for the 14-day period, the RSI (14) reading has been calculated as 67.79%. As of today, the MACD Oscillator reading stands at 0.1911, while the 14-day reading stands at 0.3293.

Analyst Ratings

National CineMedia Inc. downgraded its rating on National CineMedia Inc. (NASDAQ: NCMI) to a Neutral in a note to investors on June 21, 2022. The analysts firm previously had a Buy rating on the stock.National CineMedia Inc. (NCMI) has been rated Overweight by analysts. According to 0 brokerage firms, NCMI is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate National CineMedia Inc. stock as buy, with 3 recommending it as overweight.

With a median target price of $3.75, the current consensus forecast for the stock is $1.50 – $4.00. Based on these forecasts, analysts predict National CineMedia Inc. (NCMI) will achieve an average price target of $3.25.


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