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National CineMedia (NASDAQ:NCMI) has been given a consensus rating of “Hold” by the ten ratings firms that are presently covering the company, AnalystRatings.NET reports. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $18.86.

Separately, analysts at Piper Jaffray downgraded shares of National CineMedia from an “overweight” rating to a “neutral” rating in a research note on Wednesday. They now have a $18.00 price target on the stock, down previously from $22.00.

Shares of National CineMedia (NASDAQ:NCMI) opened at 14.71 on Wednesday. National CineMedia has a 52-week low of $13.94 and a 52-week high of $20.22. The stock has a 50-day moving average of $16.68 and a 200-day moving average of $16.32. The company has a market cap of $864.1 million and a P/E ratio of 24.76.

National CineMedia (NASDAQ:NCMI) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.08 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.07 by $0.01. The company had revenue of $99.90 million for the quarter, compared to the consensus estimate of $96.99 million. During the same quarter last year, the company posted $0.19 earnings per share. National CineMedia’s revenue was down 18.6% compared to the same quarter last year. Analysts expect that National CineMedia will post $0.39 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, September 5th. Investors of record on Thursday, August 21st will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 5.98%. The ex-dividend date is Tuesday, August 19th.

National CineMedia, Inc (NASDAQ:NCMI) is a holding company that manages its consolidated subsidiary NCM LLC.

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