Impact of Brokerage Rating on National CineMedia, Inc.(NCMI)

Many National CineMedia, Inc.(NCMI) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. National CineMedia was Downgraded by Credit Suisse to Underperform on Feb 1, 2017.

Company has reported several Insider transactions to the SEC, on Nov 29, 2016, Alfonso P Jr Rosabal (EVP, COO & Chief Tech. Officer) sold 2,615 shares at 16.01 per share price.On Jun 23, 2016, Clifford E Marks (President) sold 1,014 shares at 15.00 per share price.On Mar 16, 2016, Paula Williams Madison (director) sold 7,468 shares at 14.66 per share price.

National CineMedia Last issued its quarterly earnings results on Nov 7, 2016. The company reported $0.13 EPS for the quarter. Analyst had a consensus estimate of $0.13. The company had revenue of $113.50 million for the quarter, compared to analysts expectations of $115.13 million. The companys revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.13 EPS.

National CineMedia, Inc. (NASDAQ:NCMI) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1 by 6 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys.

National CineMedia, Inc. (NASDAQ:NCMI): The mean short term price target for National CineMedia, Inc. (NASDAQ:NCMI) has been established at $17.54 per share. The higher price target estimate is at $19 and the lower price target estimate is expected at $17 according to 6 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $0.71

National CineMedia, Inc. (NASDAQ:NCMI) witnessed a decline in the market cap on Tuesday as its shares dropped 2% or 0.26 points. After the session commenced at $13, the stock reached the higher end at $13.17 while it hit a low of $12.715. With the volume soaring to 696,259 shares, the last trade was called at $12.74. The company has a 52-week high of $16.1. The company has a market cap of $795 million and there are 62,401,177 shares in outstanding. The 52-week low of the share price is $12.715.

NATIONAL CINEMEDIA operates the largest digital in theatre network in North America that allows them to distribute advertisements and other content for our advertising, meetings and events businesses utilizing our proprietary digital content network. They have long term exhibitor services agreements with our founding members, Cinemark and Regal, the three largest motion picture exhibition companies in the U.S.and multi year agreements with several other theatre operators whom they refer to as network affiliates. The network affiliate agreements grant them exclusive rights, subject to limited exceptions, to sell advertising on their theatre screens.


Share this post

Leave a Reply