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National CineMedia (NASDAQ:NCMI) Releases Earnings Results, Beats Expectations By $0.06 EPS


National CineMedia (NASDAQ:NCMI) Releases  Earnings Results, Beats Expectations By $0.06 EPS

National CineMedia (NASDAQ:NCMI - Get Free Report) released its quarterly earnings results on Thursday. The business services provider reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.06, Zacks reports. National CineMedia had a negative return on equity of 2.61% and a negative net margin of 9.49%. National CineMedia updated its Q1 2025 guidance to EPS.

NASDAQ:NCMI traded down $0.04 on Thursday, reaching $6.35. The company's stock had a trading volume of 461,457 shares, compared to its average volume of 442,350. 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 business's 50-day moving average price is $6.68 and its two-hundred day moving average price is $6.81. National CineMedia has a 1-year low of $3.70 and a 1-year high of $7.60. The firm has a market cap of $602.71 million, a PE ratio of -25.40 and a beta of 2.06.

Several research analysts have commented on the stock. Wedbush reiterated a "neutral" rating and issued a $7.50 target price on shares of National CineMedia in a report on Wednesday. Barrington Research boosted their price objective on shares of National CineMedia from $7.50 to $8.25 and gave the stock an "outperform" rating in a research note on Wednesday, November 6th. Finally, StockNews.com cut National CineMedia from a "hold" rating to a "sell" rating in a research report on Monday. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, National CineMedia presently has a consensus rating of "Hold" and an average price target of $8.06.

Read Our Latest Stock Analysis on NCMI

In other National CineMedia 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 transaction of $154,560.42. Following the transaction, the executive vice president now owns 66,987 shares of the company's stock, valued at $436,085.37. The trade was a 26.17 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.25% of the company's stock.

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.

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