National CineMedia (NCMI) to Release Quarterly Earnings on Thursday

National CineMedia (NASDAQ:NCMI) will likely be issuing its quarterly earnings data after the market closes on Thursday, March 6th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $84.77 million for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

National CineMedia Price Performance

NASDAQ:NCMI opened at $6.36 on Tuesday. National CineMedia has a 52-week low of $3.70 and a 52-week high of $7.60. The stock has a fifty day moving average of $6.68 and a 200 day moving average of $6.82. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.46 and a current ratio of 2.46. The firm has a market capitalization of $603.66 million, a price-to-earnings ratio of -25.44 and a beta of 2.06.

Analysts Set New Price Targets

A number of analysts have recently issued reports on NCMI shares. Barrington Research lifted their price target on National CineMedia from $7.50 to $8.25 and gave the company an “outperform” rating in a research report on Wednesday, November 6th. Wedbush reiterated a “neutral” rating and set a $7.50 target price (up from $6.00) on shares of National CineMedia in a research report on Monday, November 4th. Finally, StockNews.com lowered shares of National CineMedia from a “hold” rating to a “sell” rating in a report on Monday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $8.06.

Insider Transactions at National CineMedia

In related news, EVP Maria Vg Woods sold 23,742 shares of the business’s stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $6.51, for a total value of $154,560.42. Following the completion of the sale, the executive vice president now owns 66,987 shares in the company, valued at $436,085.37. The trade was a 26.17 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 0.25% of the company’s stock.

National CineMedia Company Profile

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.