National Cinemedia Inc (NCMI) Stock: Evaluating the Market Performance

The price-to-earnings ratio for National Cinemedia Inc (NASDAQ: NCMI) is 0.94x, which is above its average ratio. Moreover, the 36-month beta value for NCMI is 1.90. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 1 as “sell.”

The public float for NCMI is 64.02M and currently, short sellers hold a 5.30% of that float. On April 04, 2024, NCMI’s average trading volume was 612.33K shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

NCMI) stock’s latest price update

The stock price of National Cinemedia Inc (NASDAQ: NCMI) has jumped by 4.28 compared to previous close of 5.38. Despite this, the company has seen a gain of 6.35% in its stock price over the last five trading days. Barrons reported 2024-03-19 that National CineMedia reported fourth-quarter earnings of 24 cents a share on revenue of $90.9 million.

NCMI’s Market Performance

National Cinemedia Inc (NCMI) has seen a 6.35% rise in stock performance for the week, with a 35.18% gain in the past month and a 41.67% surge in the past quarter. The volatility ratio for the week is 6.15%, and the volatility levels for the past 30 days are at 6.53% for NCMI. The simple moving average for the last 20 days is 20.03% for NCMI’s stock, with a simple moving average of 38.71% for the last 200 days.

Analysts’ Opinion of NCMI

Many brokerage firms have already submitted their reports for NCMI stocks, with B. Riley Securities repeating the rating for NCMI by listing it as a “Buy.” The predicted price for NCMI in the upcoming period, according to B. Riley Securities is $6.75 based on the research report published on March 19, 2024 of the current year 2024.

B. Riley Securities, on the other hand, stated in their research note that they expect to see NCMI reach a price target of $4.50. The rating they have provided for NCMI stocks is “Neutral” according to the report published on December 18th, 2023.

B. Riley Securities gave a rating of “Neutral” to NCMI, setting the target price at $0.25 in the report published on January 03rd of the previous year.

NCMI Trading at 30.17% from the 50-Day Moving Average

After a stumble in the market that brought NCMI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.56% of loss for the given period.

Volatility was left at 6.53%, however, over the last 30 days, the volatility rate increased by 6.15%, as shares surge +38.52% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.94% upper at present.

During the last 5 trading sessions, NCMI rose by +6.35%, which changed the moving average for the period of 200-days by +57.28% in comparison to the 20-day moving average, which settled at $4.75. In addition, National Cinemedia Inc saw 35.51% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at NCMI starting from Felenstein Scott D, who sale 4,126 shares at the price of $4.26 back on Feb 26 ’24. After this action, Felenstein Scott D now owns 35,301 shares of National Cinemedia Inc, valued at $17,564 using the latest closing price.

Woods Maria VG, the EVP, General Counsel of National Cinemedia Inc, sale 1,517 shares at $4.26 during a trade that took place back on Feb 26 ’24, which means that Woods Maria VG is holding 12,100 shares at $6,458 based on the most recent closing price.

Stock Fundamentals for NCMI

Current profitability levels for the company are sitting at:

  • -0.17 for the present operating margin
  • 0.36 for the gross margin

The net margin for National Cinemedia Inc stands at 4.27. The total capital return value is set at -0.05.

Based on National Cinemedia Inc (NCMI), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -0.61. The debt to equity ratio resting at 0.03. The interest coverage ratio of the stock is -0.98.

Currently, EBITDA for the company is -1.8 million with net debt to EBITDA at 12.0. When we switch over and look at the enterprise to sales, we see a ratio of 3.16. The receivables turnover for the company is 1.71for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.46.

Conclusion

To wrap up, the performance of National Cinemedia Inc (NCMI) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Related Posts