Is National Cinemedia Inc (NASDAQ: NCMI) The Best Stock To Invest In?

After Hours

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. The stock was recently discussed on Yahoo Finance as it revealed that 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 in the Communication Services sector while operating in the Advertising Agencies industry. At the end of the last regular session, the stock closed at $5.35 and fluctuated between $5.75 as its day high and $5.28 as its day low. The current market capitalization of National Cinemedia Inc is $519.06M. A total of 1.24 million shares were traded on the day, compared to an average of 555.54K 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

The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. 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.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. In terms of 52-week highs and lows, NCMI has a high of $6.49 and a low of $1.12.

As of this writing, NCMI has an earnings estimate of -$0.07 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 -$0.12. 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

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future 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

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in 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 4.00.

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