National CineMedia Inc. (NASDAQ: NCMI) is -35.32% lower on its value in year-to-date trading and has touched a low of $0.16 and a high of $2.71 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NCMI stock was last observed hovering at around $0.17 in the last trading session, with the day’s loss setting it -0.03% off its average median price target of $1.88 for the next 12 months. It is also 96.0% off the consensus price target high of $3.50 offered by 4 analysts, but current levels are 44.0% higher than the price target low of $0.25 for the same period.
Currently trading at $0.14, the stock is -36.02% and -45.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.29 million and changing -16.29% at the moment leaves the stock -80.29% off its SMA200. NCMI registered -94.38% loss for a year compared to 6-month loss of -85.91%.
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The stock witnessed a -43.95% gain in the last 1 month and extending the period to 3 months gives it a -63.51%, and is -37.12% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 16.09% over the week and 9.83% over the month.
National CineMedia Inc. (NCMI) has around 346 employees, a market worth around $14.70M and $221.00M in sales. Profit margin for the company is -11.90%. Distance from 52-week low is -11.06% and -94.76% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.40%).
National CineMedia Inc. (NCMI) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for National CineMedia Inc. (NCMI) is a “Hold”. 4 analysts offering their recommendations for the stock have an average rating of 2.50, where 3 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
National CineMedia Inc. is expected to release its quarterly report on 05/08/2023.The EPS is expected to grow by 27.30% this year
National CineMedia Inc. (NCMI) Top Institutional Holders
The shares outstanding are 81.61M, and float is at 73.65M with Short Float at 5.57%.
National CineMedia Inc. (NCMI) Insider Activity
A total of 7 insider transactions have happened at National CineMedia Inc. (NCMI) in the last six months, with sales accounting for 3 and purchases happening 4 times. The most recent transaction is an insider sale by Lesinski Thomas F., the company’s Chief Executive Officer. SEC filings show that Lesinski Thomas F. sold 24,329 shares of the company’s common stock on Feb 28 at a price of $0.22 per share for a total of $5382.0. Following the sale, the insider now owns 0.33 million shares.
National CineMedia Inc. disclosed in a document filed with the SEC on Feb 28 that Felenstein Scott D (President – Sales & Marketing) sold a total of 7,911 shares of the company’s common stock. The trade occurred on Feb 28 and was made at $0.22 per share for $1750.0. Following the transaction, the insider now directly holds 0.22 million shares of the NCMI stock.
Still, SEC filings show that on Feb 23, Felenstein Scott D (President – Sales & Marketing) disposed off 40,193 shares at an average price of $0.23 for $9256.0. The insider now directly holds 225,636 shares of National CineMedia Inc. (NCMI).
National CineMedia Inc. (NCMI): Who are the competitors?
The company’s main competitors (and peers) include Lamar Advertising Company (LAMR) that is trading -12.40% down over the past 12 months and The Interpublic Group of Companies Inc. (IPG) that is -2.27% lower over the same period. Microsoft Corporation (MSFT) is -3.81% down on the 1-year trading charts.