Ratings for National CineMedia (NASDAQ:NCMI) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 1 | 2 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 1 | 0 | 2 | 0 | 0 |
| 2M Ago | 0 | 0 | 0 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
The 12-month price targets, analyzed by analysts, offer insights with an average target of $5.69, a high estimate of $6.75, and a low estimate of $4.50. This current average has increased by 26.44% from the previous average price target of $4.50.
Diving into Analyst Ratings: An In-Depth Exploration
The standing of National CineMedia among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Mike Hickey | Benchmark | Maintains | Speculative Buy | $6.00 | - |
| Michael Pachter | Wedbush | Raises | Neutral | $5.50 | $4.50 |
| Eric Wold | B. Riley Securities | Raises | Buy | $6.75 | $4.50 |
| Michael Pachter | Wedbush | Maintains | Neutral | $4.50 | - |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to National CineMedia. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of National CineMedia compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for National CineMedia's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
To gain a panoramic view of National CineMedia's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.
Stay up to date on National CineMedia analyst ratings.
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Delving into National CineMedia's Background
National CineMedia Inc is a holding company that operates a digital in-theatre media network across North America. The company displays ads in movie theaters, online, and through mobile video. National CineMedia's most important operation is First Look, its prefeature programming that plays before a movie and related trailers start. The company also operates an online and mobile network in combination with movie theaters that include movie content, trailers, showtimes, and other features. The company derives revenue from the sale of advertising to national, regional and local businesses in Noovie show, cinema advertising and entertainment show seen on movie screens across the U.S.
Breaking Down National CineMedia's Financial Performance
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: National CineMedia's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -0.98%. This indicates a decrease in the company's top-line earnings. When compared to others in the Communication Services sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: National CineMedia's net margin excels beyond industry benchmarks, reaching 26.1%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): National CineMedia's ROE stands out, surpassing industry averages. With an impressive ROE of 5.62%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): National CineMedia's ROA excels beyond industry benchmarks, reaching 4.28%. This signifies efficient management of assets and strong financial health.
Debt Management: With a below-average debt-to-equity ratio of 0.02, National CineMedia adopts a prudent financial strategy, indicating a balanced approach to debt management.
Analyst Ratings: What Are They?
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.