National CineMedia (NCMI) Set to Announce Earnings on Wednesday

National CineMedia (NASDAQ:NCMI) is scheduled to release its earnings data after the market closes on Wednesday, February 21st. Analysts expect National CineMedia to post earnings of $0.22 per share for the quarter.

Shares of National CineMedia (NASDAQ:NCMI) opened at $6.96 on Wednesday. The company has a debt-to-equity ratio of -14.71, a current ratio of 1.76 and a quick ratio of 1.76. The company has a market capitalization of $437.89, a PE ratio of 21.09, a P/E/G ratio of 2.03 and a beta of 0.52. National CineMedia has a 52-week low of $5.12 and a 52-week high of $13.43.

In related news, major shareholder General L.P. Standard acquired 15,000 shares of the firm’s stock in a transaction on Friday, December 22nd. The shares were acquired at an average cost of $6.94 per share, for a total transaction of $104,100.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last 90 days, insiders have acquired 810,940 shares of company stock worth $5,503,629. Company insiders own 5.40% of the company’s stock.

A number of research firms recently commented on NCMI. BidaskClub downgraded National CineMedia from a “buy” rating to a “hold” rating in a research report on Wednesday, January 10th. Zacks Investment Research downgraded National CineMedia from a “hold” rating to a “sell” rating in a research report on Wednesday, January 10th. ValuEngine downgraded National CineMedia from a “hold” rating to a “sell” rating in a research report on Tuesday. B. Riley downgraded National CineMedia to a “hold” rating and set a $8.75 target price on the stock. in a research report on Monday, January 29th. Finally, JPMorgan Chase & Co. downgraded National CineMedia from a “neutral” rating to an “underweight” rating and set a $5.00 target price on the stock. in a research report on Wednesday, November 8th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has given a buy rating to the company’s stock. National CineMedia currently has an average rating of “Hold” and an average target price of $7.85.

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National CineMedia Company Profile

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.

Earnings History for National CineMedia (NASDAQ:NCMI)

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