A share price of National Cinemedia Inc [NCMI] is currently trading at $6.61, down -0.45%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NCMI shares have gain 2.01% over the last week, with a monthly amount drifted -9.45%, and not seem to be holding up well over a long-time horizon.
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.
National Cinemedia Inc experienced fluctuations in its stock price throughout the past year between $3.65 and $7.60. Currently, Wall Street analysts expect the stock to reach $7 within the next 12 months. National Cinemedia Inc [NASDAQ: NCMI] shares were valued at $6.61 at the most recent close of the market. An investor can expect a potential return of 5.9% based on the average NCMI price forecast.
Analyzing the NCMI fundamentals
Trailing Twelve Months sales for National Cinemedia Inc [NASDAQ:NCMI] were 245.40M which represents 152.63% growth. Gross Profit Margin for this corporation currently stands at 0.33% with Operating Profit Margin at -0.08%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.06 and Total Capital is -0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.03.
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 6.45 points at the first support level, and at 6.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.80, and for the 2nd resistance point, it is at 7.00.
Ratios To Look Out For
To put it in perspective, the Current Ratio for National Cinemedia Inc [NASDAQ:NCMI] is 2.46. As well, the Quick Ratio is 2.46, while the Cash Ratio is 0.97. Considering the valuation of this stock, the price to sales ratio is 2.56, the price to book ratio is 1.63.
Transactions by insiders
Recent insider trading involved Woods Maria VG, EVP – General Counsel, that happened on Dec 26 ’24 when 23742.0 shares were sold. President – Sales & Marketing, Sullivan Catherine completed a deal on Dec 26 ’24 to sell 7332.0 shares. Meanwhile, Chief Financial Officer Ng Ronnie Y. sold 71218.0 shares on Dec 26 ’24.
