Somewhat Favorable News Coverage Somewhat Unlikely to Affect National CineMedia (NCMI) Stock Price

News headlines about National CineMedia (NASDAQ:NCMI) have been trending somewhat positive on Tuesday, Accern Sentiment reports. Accern ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. National CineMedia earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave press coverage about the business services provider an impact score of 45.3181986425479 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

These are some of the media headlines that may have effected Accern Sentiment’s scoring:

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A number of analysts have recently weighed in on NCMI shares. Zacks Investment Research cut shares of National CineMedia from a “hold” rating to a “sell” rating in a report on Friday, March 9th. ValuEngine lowered shares of National CineMedia from a “hold” rating to a “sell” rating in a research report on Monday, April 2nd. BidaskClub lowered shares of National CineMedia from a “hold” rating to a “sell” rating in a research report on Saturday, March 24th. B. Riley lowered shares of National CineMedia to a “hold” rating and set a $8.75 price objective for the company. in a research report on Monday, January 29th. Finally, Barrington Research reissued a “hold” rating on shares of National CineMedia in a research report on Monday, March 19th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $7.92.

Shares of NASDAQ:NCMI traded down $0.02 during trading on Tuesday, hitting $5.76. 384,965 shares of the stock traded hands, compared to its average volume of 752,719. The company has a debt-to-equity ratio of -769.42, a current ratio of 1.94 and a quick ratio of 1.94. The firm has a market cap of $438.41, a price-to-earnings ratio of 14.40, a price-to-earnings-growth ratio of 1.73 and a beta of 0.55. National CineMedia has a 52-week low of $5.09 and a 52-week high of $12.70.

National CineMedia (NASDAQ:NCMI) last posted its earnings results on Monday, March 12th. The business services provider reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.06. The firm had revenue of $140.70 million during the quarter, compared to analyst estimates of $144.48 million. National CineMedia had a net margin of 0.12% and a negative return on equity of 55.42%. The business’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.24 EPS. sell-side analysts anticipate that National CineMedia will post 0.32 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Thursday, March 29th. Investors of record on Thursday, March 22nd were paid a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, March 21st. This represents a $0.68 dividend on an annualized basis and a yield of 11.81%. National CineMedia’s dividend payout ratio is currently 170.00%.

In related news, major shareholder General L.P. Standard purchased 249,600 shares of the company’s stock in a transaction that occurred on Friday, March 16th. The shares were purchased at an average price of $5.74 per share, with a total value of $1,432,704.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders purchased a total of 1,387,513 shares of company stock worth $7,889,192 in the last three months. 5.40% of the stock is owned by corporate insiders.

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National CineMedia Company Profile

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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