Key Points
- EVP Maria Vg Woods sold 12,066 shares on April 1 at an average price of $3.04 for total proceeds of $36,680.64, reducing her stake by 7.78% to 143,097 shares — the sale was disclosed in an SEC filing.
- National CineMedia is trading around $3 with a market cap of about $280 million and negative profitability metrics (negative P/E and net margin) despite a recent quarterly EPS beat of $0.28 versus $0.25.
- The company pays a quarterly dividend of $0.03 (about a 4.0% yield) but has a negative payout ratio (-120%), while analysts are split between Buy and Hold with an average price target of $5.38 (Moderate Buy).
National CineMedia, Inc. (NASDAQ:NCMI - Get Free Report) EVP Maria Vg Woods sold 12,066 shares of the business's stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $3.04, for a total value of $36,680.64. Following the transaction, the executive vice president directly owned 143,097 shares of the company's stock, valued at approximately $435,014.88. This represents a 7.78% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
National CineMedia Stock Performance
Shares of NCMI stock opened at $3.00 on Friday. The company has a market cap of $279.84 million, a P/E ratio of -30.00 and a beta of 1.40. The firm has a fifty day moving average price of $3.39 and a 200 day moving average price of $3.90. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 0.03. National CineMedia, Inc. has a 12 month low of $2.92 and a 12 month high of $6.18.
National CineMedia (NASDAQ:NCMI - Get Free Report) last released its quarterly earnings data on Thursday, February 26th. The business services provider reported $0.28 earnings per share for the quarter, topping analysts' consensus estimates of $0.25 by $0.03. National CineMedia had a negative net margin of 4.32% and a negative return on equity of 2.29%. Sell-side analysts predict that National CineMedia, Inc. will post -0.12 earnings per share for the current fiscal year.
National CineMedia Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Investors of record on Monday, March 9th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Monday, March 9th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 4.0%. National CineMedia's dividend payout ratio (DPR) is currently -120.00%.
Institutional Investors Weigh In On National CineMedia
A number of large investors have recently added to or reduced their stakes in the business. Quantbot Technologies LP acquired a new position in National CineMedia during the third quarter worth about $34,000. Graham Capital Management L.P. acquired a new stake in shares of National CineMedia in the fourth quarter valued at approximately $40,000. Strs Ohio purchased a new position in shares of National CineMedia during the 1st quarter worth approximately $43,000. Jump Financial LLC acquired a new position in shares of National CineMedia during the 4th quarter worth approximately $53,000. Finally, Inscription Capital LLC acquired a new position in shares of National CineMedia during the 3rd quarter worth approximately $58,000. 69.49% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of equities analysts recently weighed in on the stock. B. Riley Financial lowered their price objective on shares of National CineMedia from $5.00 to $4.00 and set a "neutral" rating on the stock in a research report on Thursday, January 22nd. Benchmark cut their price objective on shares of National CineMedia from $7.00 to $6.00 and set a "buy" rating for the company in a research report on Wednesday, January 7th. Zacks Research raised shares of National CineMedia from a "strong sell" rating to a "hold" rating in a report on Thursday, December 18th. Weiss Ratings upgraded shares of National CineMedia from a "sell (d-)" rating to a "hold (c-)" rating in a research note on Friday, February 27th. Finally, Barrington Research cut their price target on shares of National CineMedia from $6.50 to $5.50 and set an "outperform" rating for the company in a report on Monday, January 26th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $5.38.
View Our Latest Report on NCMI
About National CineMedia
(
Get Free Report)
National CineMedia, Inc is a leading U.S. out-of-home media company specializing in cinema advertising. The firm operates a proprietary network that delivers high-impact advertising content to moviegoers across a broad footprint of theaters, offering brands a targeted and immersive way to engage audiences in a captive, distraction-free environment.
Founded in 2003 and headquartered in Centennial, Colorado, National CineMedia began as a joint venture among several major exhibition chains.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
