National Cinemedia Inc [NCMI] stock prices are up 1.93% to $6.87 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NCMI shares have gain 6.51% over the last week, with a monthly amount drifted -2.69%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
National Cinemedia Inc [NASDAQ: NCMI] stock has seen the most recent analyst activity on August 15, 2024, when The Benchmark Company upgraded its rating to a Buy but kept the price target unchanged to $8 for it. Previously, B. Riley Securities upgraded its rating to Buy on March 19, 2024, and elevated its price target to $6.75. B. Riley Securities reiterated its Neutral rating and decreased its price target to $0.25 on January 03, 2023. B. Riley Securities reiterated its recommendation of a Neutral and reduced its price target to $0.50 on October 12, 2022. B. Riley Securities downgraded its rating to Neutral for this stock on June 21, 2022, and downed its price target to $1.50. In a note dated November 04, 2021, Wedbush upgraded an Outperform rating on this stock but restated the target price of $5.
The stock price of National Cinemedia Inc [NCMI] has been fluctuating between $3.51 and $7.25 over the past year. Currently, Wall Street analysts expect the stock to reach $7.17 within the next 12 months. National Cinemedia Inc [NASDAQ: NCMI] shares were valued at $6.87 at the most recent close of the market. An investor can expect a potential return of 4.37% based on the average NCMI price forecast.
Analyzing the NCMI fundamentals
The National Cinemedia Inc [NASDAQ:NCMI] reported sales of 207.70M for trailing twelve months, representing a surge of 269.59%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at 0.78%, and Net Profit Margin reading is 0.78%. To continue investigating profitability, this company’s Return on Assets is posted at 0.31, Equity is 0.4 and Total Capital is -0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.75 points at the first support level, and at 6.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.95, and for the 2nd resistance point, it is at 7.03.
Ratios To Look Out For
It’s worth pointing out that National Cinemedia Inc [NASDAQ:NCMI]’s Current Ratio is 2.45. Also, the Quick Ratio is 2.45, while the Cash Ratio stands at 1.2. Considering the valuation of this stock, the price to sales ratio is 3.15, the price to book ratio is 1.69 and price to earnings (TTM) ratio is 2.55.
Transactions by insiders
Recent insider trading involved Ng Ronnie Y., Chief Financial Officer, that happened on Sep 27 ’24 when 283.0 shares were sold. EVP – General Counsel, Woods Maria VG completed a deal on Sep 01 ’24 to sell 510.0 shares. Meanwhile, Chief Executive Officer Lesinski Thomas F. sold 4388.0 shares on Aug 04 ’24.
