Somewhat Positive Media Coverage Somewhat Unlikely to Affect National CineMedia (NCMI) Share Price

News coverage about National CineMedia (NASDAQ:NCMI) has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. National CineMedia earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media coverage about the business services provider an impact score of 45.2447946021365 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

A number of equities analysts have issued reports on the company. BidaskClub downgraded National CineMedia from a “buy” rating to a “hold” rating in a research note on Wednesday. Zacks Investment Research downgraded National CineMedia from a “hold” rating to a “sell” rating in a research note on Wednesday. B. Riley downgraded National CineMedia from a “buy” rating to a “neutral” rating and cut their price target for the company from $14.00 to $8.75 in a research note on Tuesday, November 7th. ValuEngine upgraded National CineMedia from a “sell” rating to a “hold” rating in a research note on Friday, December 1st. Finally, JPMorgan Chase & Co. downgraded National CineMedia from a “neutral” rating to an “underweight” rating and set a $5.00 price target for the company. in a research note on Wednesday, November 8th. Two equities research analysts have rated the stock with a sell rating and seven have given a hold rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $7.90.

National CineMedia (NCMI) traded up $0.16 during trading on Friday, hitting $6.35. 1,166,500 shares of the company’s stock traded hands, compared to its average volume of 609,525. National CineMedia has a 1 year low of $5.12 and a 1 year high of $15.25. The company has a debt-to-equity ratio of -14.71, a quick ratio of 1.76 and a current ratio of 1.76. The company has a market cap of $399.51, a PE ratio of 19.24, a P/E/G ratio of 2.07 and a beta of 0.62.

National CineMedia (NASDAQ:NCMI) last posted its earnings results on Monday, November 6th. The business services provider reported $0.12 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.09 by $0.03. National CineMedia had a net margin of 4.81% and a negative return on equity of 21.45%. The firm had revenue of $116.40 million for the quarter, compared to analysts’ expectations of $108.21 million. During the same quarter last year, the firm earned $0.13 EPS. The company’s quarterly revenue was up 2.6% compared to the same quarter last year. sell-side analysts expect that National CineMedia will post 0.29 EPS for the current fiscal year.

In other news, major shareholder General L.P. Standard bought 210,320 shares of the company’s stock in a transaction on Monday, December 18th. The shares were purchased at an average price of $6.97 per share, with a total value of $1,465,930.40. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. In the last three months, insiders have acquired 810,940 shares of company stock worth $5,503,629. Insiders own 5.40% of the company’s stock.

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About National CineMedia

National CineMedia, Inc (NCM, Inc) is a holding company that manages its consolidated subsidiary National CineMedia, LLC (NCM LLC). The Company operates digital in-theater network in North America, allowing NCM LLC to sell advertising and certain third-party theater circuits under long-term network affiliate agreements.

Insider Buying and Selling by Quarter for National CineMedia (NASDAQ:NCMI)

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