National CineMedia (NCMI) Expected to Announce Quarterly Earnings on Thursday

National CineMedia (NASDAQ:NCMI) is expected to post its quarterly earnings results after the market closes on Thursday, March 6th. Analysts expect National CineMedia to post earnings of $0.20 per share and revenue of $84.77 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

National CineMedia Stock Down 4.9 %

NCMI opened at $6.36 on Tuesday. National CineMedia has a twelve month low of $3.70 and a twelve month high of $7.60. The company’s 50-day moving average price is $6.68 and its two-hundred day moving average price is $6.82. The stock has a market cap of $603.66 million, a price-to-earnings ratio of -25.44 and a beta of 2.06. The company has a quick ratio of 2.46, a current ratio of 2.46 and a debt-to-equity ratio of 0.03.

Insider Buying and Selling at National CineMedia

In other news, EVP Maria Vg Woods sold 23,742 shares of National CineMedia stock in a transaction on Thursday, December 26th. The stock was sold at an average price of $6.51, for a total value of $154,560.42. Following the completion of the transaction, the executive vice president now directly owns 66,987 shares in the company, valued at approximately $436,085.37. The trade was a 26.17 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.25% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on the company. StockNews.com lowered National CineMedia from a “hold” rating to a “sell” rating in a report on Monday. Wedbush reaffirmed a “neutral” rating and set a $7.50 price target (up previously from $6.00) on shares of National CineMedia in a research report on Monday, November 4th. Finally, Barrington Research increased their price target on National CineMedia from $7.50 to $8.25 and gave the stock an “outperform” rating in a research note on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $8.06.

National CineMedia Company Profile

National CineMedia, Inc, through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America. It engages in the sale of advertising to national, regional, and local businesses in Noovie, a cinema advertising and entertainment show seen on movie screens; and sells advertising on its Lobby Entertainment Network, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theatre lobbies.