The price of National Cinemedia Inc (NASDAQ: NCMI) closed at $4.63 in the last session, down -2.11% from day before closing price of $4.73. On the day, 743068 shares were traded.
Ratios:
We take a closer look at NCMI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.46 and its Current Ratio is at 2.46. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on March 19, 2024, Upgraded its rating to Buy and sets its target price to $6.75 from $4.50 previously.
B. Riley Securities reiterated its Neutral rating for the stock on January 03, 2023, while the target price for the stock was revised from $0.50 to $0.25.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 26 ’24 when Felenstein Scott D sold 4,126 shares for $4.26 per share. The transaction valued at 17,564 led to the insider holds 35,301 shares of the business.
Woods Maria VG sold 1,517 shares of NCMI for $6,458 on Feb 26 ’24. The EVP, General Counsel now owns 12,100 shares after completing the transaction at $4.26 per share. On Feb 26 ’24, another insider, Ng Ronnie Y., who serves as the Chief Financial Officer of the company, sold 1,275 shares for $4.26 each. As a result, the insider received 5,428 and left with 11,788 shares of the company.
Valuation Measures:
As of this moment, National’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.78, and their Forward P/E ratio for the next fiscal year is 28.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.72 while its Price-to-Book (P/B) ratio in mrq is 1.03.
Stock Price History:
Over the past 52 weeks, NCMI has reached a high of $5.79, while it has fallen to a 52-week low of $1.80.
Shares Statistics:
A total of 96.84M shares are outstanding, with a floating share count of 64.11M. Insiders hold about 33.93% of the company’s shares, while institutions hold 42.39% stake in the company.
Earnings Estimates
The company has Cummins Inc. analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $170.47, with high estimates of $9.11 and low estimates of $4.63.
Analysts are recommending an EPS of between $Financial Services and $Communication Services for the fiscal current year, implying an average EPS of $Technology.
