The Street Is Finally Waking Up To National Cinemedia Inc (NASDAQ: NCMI)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed National CineMedia, Inc. Reports Results for Fiscal Fourth Quarter and Full Year 2023.

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Stocks Info

National Cinemedia Inc is listed on the NASDAQ as a member of the Communication Services sector and is a part of the Advertising Agencies industry. At the end of the last regular session, the stock closed at $5.06 and fluctuated between $5.50 as its day high and $4.81 as its day low. The current market capitalization of National Cinemedia Inc is $489.71M. A total of 8.34 million shares were traded on the day, compared to an average of 376.22K shares.

In the most recent transaction, Felenstein Scott D sold 4,126 shares of NCMI for 4.26 per share on Feb 26 ’24. After the transaction, the President – Sales & Marketing now owns 35,301 company shares. In a previous transaction on Feb 26 ’24, Woods Maria VG sold 1,517 shares at 4.26 per share. NCMI shares that EVP, General Counsel owns now total 12,100.

Among the insiders who sold shares, Ng Ronnie Y. disposed of 1,275 shares on Feb 26 ’24 at a per-share price of $4.26. This resulted in the Chief Financial Officer holding 11,788 shares of NCMI after the transaction. In another insider transaction, Felenstein Scott D sold 5,154 shares at $4.12 per share on Feb 23 ’24. Company shares held by the President – Sales & Marketing now total 29,879.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. NCMI’s most recent ex-dividend date was 8/19/2022 when it declared a $0.30 quarterly dividend that was paid in cash on 9/6/2022. Previously, the company paid the dividend on 6/7/2022 with an ex-dividend date of 5/20/2022. The NCMI stock dividend was $0.30 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, NCMI has a high of $6.49 and a low of $1.10.

As of this writing, NCMI has an earnings estimate of -$0.09 per share for the current quarter. EPS was calculated based on a consensus of 2 estimates, with a high estimate of -$0.03 per share and a lower estimate of -$0.15. The company reported an EPS of -$0.34 in the last quarter, which was -142.90% lower than expectations of -$0.14.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. NCMI’s latest balance sheet shows that the firm has $101.50M in Cash & Short Term Investments as of fiscal 2021. There were $1.10B in debt and $69.80M in liabilities at the time. Its Book Value Per Share was $4.49, while its Total Shareholder’s Equity was -$383.50M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NCMI is Buy with a score of 3.50.

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