National CineMedia (NCMI) Receiving Somewhat Positive Press Coverage, Analysis Shows

Headlines about National CineMedia (NASDAQ:NCMI) have trended somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. National CineMedia earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news headlines about the business services provider an impact score of 46.4643700972858 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the news headlines that may have effected Accern’s analysis:

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NCMI traded down $0.01 on Monday, reaching $5.18. The company’s stock had a trading volume of 509,428 shares, compared to its average volume of 787,647. The company has a quick ratio of 1.94, a current ratio of 1.94 and a debt-to-equity ratio of -769.42. The company has a market capitalization of $410.71, a price-to-earnings ratio of 12.95, a price-to-earnings-growth ratio of 1.59 and a beta of 0.55. National CineMedia has a fifty-two week low of $5.11 and a fifty-two week high of $12.74.

National CineMedia (NASDAQ:NCMI) last announced its quarterly earnings results on Monday, March 12th. The business services provider reported $0.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.06. The firm had revenue of $140.70 million during the quarter, compared to the consensus estimate of $144.48 million. National CineMedia had a negative return on equity of 55.42% and a net margin of 0.12%. The firm’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.24 earnings per share. equities analysts anticipate that National CineMedia will post 0.33 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 29th. Investors of record on Thursday, March 22nd were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 13.13%. The ex-dividend date was Wednesday, March 21st. National CineMedia’s dividend payout ratio (DPR) is 170.00%.

A number of analysts recently weighed in on the stock. Zacks Investment Research lowered shares of National CineMedia from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. BidaskClub downgraded National CineMedia from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. Benchmark reaffirmed a “buy” rating and issued a $10.00 price target (down from $12.00) on shares of National CineMedia in a report on Tuesday, March 13th. Barrington Research reaffirmed a “hold” rating on shares of National CineMedia in a report on Monday, March 19th. Finally, B. Riley raised National CineMedia from a “neutral” rating to a “buy” rating and set a $7.00 price target for the company in a report on Monday, March 19th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $7.92.

In other news, major shareholder General L.P. Standard acquired 249,600 shares of the firm’s stock in a transaction dated Friday, March 16th. The stock was acquired at an average cost of $5.74 per share, with a total value of $1,432,704.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders purchased 1,387,513 shares of company stock valued at $7,889,192 over the last ninety days. 5.40% of the stock is currently owned by corporate insiders.

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About National CineMedia

National CineMedia, Inc is a holding company that engages in the provision of advertising, business meetings, event services and third-party theatre circuits under network affiliate agreements. It owns and operates the digital in-theatre network in North America, which is used to distribute content for its advertising promotions, Fathom Events.

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