National Cinemedia (NASDAQ:NCMI) shares traded 2.23% up during most recent session to reach at the closing price of $6.89. The stock exchanged hands 1.73 Million shares versus average trading capacity of 874.14 Million shares, yielding a market cap of $424.29 Million. Wall Street analysts covering the stock are projecting that the stock will reach $10.75 within the next 52-weeks. The mean target projections are based on 6 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have National Cinemedia (NASDAQ:NCMI) high price target of $14 and with a conservative view have low price target of $6.5.
Wedbush “Initiates Coverage On” National Cinemedia (NASDAQ:NCMI) in a research note issued to investors on 8/02/17 to Neutral with price target of $6.5.
Additionally on 5/05/17 FBR Capital “Downgrades” National Cinemedia (NASDAQ:NCMI) to Market Perform setting price target at $0 and on 5/05/17 JP Morgan “Downgrades” the stock to Neutral at $12. Furthermore on 3/15/17 Credit Suisse “Upgrades” the stock to Neutral at $12.
On the other hand the company has Relative Strength Index (RSI 14) of 45.31 along with Average True Range (ATR 14) of 0.35, Consequently National Cinemedia (NASDAQ:NCMI)’s weekly and monthly volatility is 9.15%, 4.61% respectively. The company’s beta value is at 0.64.
In terms of Buy, Sell or Hold recommendations, National Cinemedia (NASDAQ:NCMI) has analysts’ mean recommendation of 2.7. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts National Cinemedia (NASDAQ:NCMI)’s minimum EPS for the current quarter is at $0.04 and can go high up to $0.09. The consensus mean EPS for the current quarter is at $0.06 derived from a total of 7 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.11 earnings per share for the same quarter during last year.
Previously National Cinemedia (NASDAQ:NCMI) reported $-0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $-0.05 by $-0.03. The company posted an earnings surprise of -60%.
While considering growth estimates of the company, it has next quarter growth estimates of -46.2% whereas during current quarter it has -45.5% estimations over growth, comparing to the estimations of -34.1% during current year and 20.7% for next year. Past 5 years growth of National Cinemedia (NASDAQ:NCMI) observed at -7.42%, looking forward for the next 5 years it has a strong prediction of 0.84% over growth.
National Cinemedia (NASDAQ:NCMI)’s revenue estimates for the current quarter are $104.3 Million according to 7 number of analysts, for the current quarter the company has high revenue estimates of $108.6 Million in contradiction of low revenue estimates of $101.5 Million. For the current year the company’s revenue estimates are $430.04 Million compared to low analyst estimates of $422 Million and high estimates of $440.47 Million according to 7 number of analysts.
Currently National Cinemedia (NASDAQ:NCMI)’s shares owned by insiders are 1.4%, whereas shares owned by institutional owners are 96.3%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 3.43%.
National Cinemedia (NASDAQ:NCMI) 52-week high price stands at $16.10 and low price stands at $5.86, its price distance from 52-week high is -57.2% while its distance from 52-week low price is 17.56%. The stock hit its 52-week high on 08/08/16, and 52-week low on 08/02/17.
National Cinemedia (NASDAQ:NCMI)’s trailing twelve month revenues are $443.3 Million, whereas its price to sales ratio for the same period is 0.96. Its book value per share for the most recent quarter is $-7.1 while its price to book ratio for the same period is 0, as for as the company’s cash per share for the most recent quarter is $0.95, however its price to cash per share ratio for the same period is 7.24. The stock has 5 year expected PEG ratio of 20.37 whereas its trailing twelve month P/E ratio is 17.01.