In other words, the price has increased by $0.0000 from its previous closing price. On the day, 551961 shares were traded.
Ratios:
Our goal is to gain a better understanding of NCMI by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.00 and its Current Ratio is at 2.00. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.
On January 03, 2023, B. Riley Securities reiterated its Neutral rating and also upped its target price recommendation from $0.50 to $0.25.
B. Riley Securities reiterated its Neutral rating for the stock on October 12, 2022, while the target price for the stock was revised from $1 to $0.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NCMI now has a Market Capitalization of 392.95M and an Enterprise Value of 392.15M. As of this moment, National’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.70, and their Forward P/E ratio for the next fiscal year is 102.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.38 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 2.36 whereas that against EBITDA is 0.52.
Stock Price History:
Over the past 52 weeks, NCMI has reached a high of $6.49, while it has fallen to a 52-week low of $1.01. The 50-Day Moving Average of the stock is 4.1054, while the 200-Day Moving Average is calculated to be 3.9367.
Shares Statistics:
The stock has traded on average 370.69K shares per day over the past 3-months and 280.48k shares per day over the last 10 days, according to various share statistics. A total of 96.78M shares are outstanding, with a floating share count of 63.94M. Insiders hold about 33.93% of the company’s shares, while institutions hold 42.49% stake in the company. Shares short for NCMI as of Feb 29, 2024 were 3.45M with a Short Ratio of 9.31, compared to 2.7M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.57% and a Short% of Float of 4.93%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 16.07.
Earnings Estimates
Its stock is currently analyzed by 2 different market analysts. On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.16 and a low estimate of $0.01, while EPS last year was $1.3. The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.03 and low estimates of -$0.15.
Analysts are recommending an EPS of between $0.26 and $0.26 for the fiscal current year, implying an average EPS of $0.26. EPS for the following year is $0.04, with 2 analysts recommending between $0.07 and $0.01.
Revenue Estimates
4 analysts predict $81.1M in revenue for the current quarter. It ranges from a high estimate of $85M to a low estimate of $72.5M. As of the current estimate, National Cinemedia Inc’s year-ago sales were $91.7M, an estimated decrease of -11.60% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $32.47M, a decrease of -7.00% over than the figure of -$11.60% in the same quarter last year. There is a high estimate of $35.78M for the next quarter, whereas the lowest estimate is $28.3M.
A total of 2 analysts have provided revenue estimates for NCMI’s current fiscal year. The highest revenue estimate was $254M, while the lowest revenue estimate was $241.4M, resulting in an average revenue estimate of $247.7M. In the same quarter a year ago, actual revenue was $249.2M, down -0.60% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $239.77M in the next fiscal year. The high estimate is $254.8M and the low estimate is $231.1M. The average revenue growth estimate for next year is down -3.20% from the average revenue estimate for this year.
