National Cinemedia (NCMI)
NASDAQ:NCMI
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NCMI Stock Chart & Stats
$3.63
-$0.29(-4.44%)
At close: 4:00 PM EST
$3.63
-$0.29(-4.44%)
Day’s Range― - ―
52-Week Range$2.78 - $5.56
Previous CloseN/A
Volume221.44K
Average Volume (3M)460.31K
Market Cap
$294.47M
Enterprise Value$265.17M
Total Cash (Recent Filing)$51.60M
Total Debt (Recent Filing)$22.30M
Price to Earnings (P/E)―
Beta0.63
Next Earnings
Aug 10, 2026EPS Estimate
-0.08Next Dividend Ex-DateN/A
Dividend Yield3.05%
Share Statistics
EPS (TTM)-0.09
Shares Outstanding93,780,290
10 Day Avg. Volume495,485
30 Day Avg. Volume460,312
Financial Highlights & Ratios
PEG Ratio0.66
Price to Book (P/B)0.89
Price to Sales (P/S)1.51
P/FCF Ratio130.85
Enterprise Value/Market Cap0.90
Enterprise Value/Revenue1.09
Enterprise Value/Gross Profit3.01
Enterprise Value/Ebitda8.67
Forecast
1Y Price Target
$5.50Price Target Upside51.52% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.01
Revenue Forecast (FY)$264.10M
Bulls Say, Bears Say
Bulls Say
Improving Cash GenerationSustained positive operating and free cash flow provides durable optionality: it funds continued product investment, supports dividends/repurchases, and reduces refinancing risk. While consistency must be proven, the TTM cash-turnaround materially improves liquidity and strategic flexibility over the next 2–6 months.
Conservative Leverage And LiquidityVery low net leverage and ample cash provide a durable buffer against advertising cyclicality and film-slate seasonality. The stronger capital structure lets management invest behind premium inventory, pursue partnerships, and absorb short-term ad demand swings without stressing liquidity or needing dilutive financing.
Premium Inventory Monetization & Product ExpansionMarkedly higher monetization of Platinum placements and product integrations (programmatic/NCMx) indicate sustainable revenue mix improvement: premium spots and cross-platform offerings drive higher yield per attendee and make cinema inventory more attractive to large advertisers, supporting medium-term margin resilience.
Bears Say
Declining Top-line TrendA contracting revenue base weakens scalability of fixed costs and makes margin progress fragile; ad-driven businesses rely on volume and stable CPMs, so persistent revenue declines would erode cash generation and could force tougher cost cuts or limit reinvestment over the coming quarters.
Fragile Profitability And Recent Operating LossesDespite improving EBITDA margins recently, the company remains loss-making on GAAP and posted negative adjusted OIBDA. This fragility means earnings and cash flow gains can reverse with ad demand shifts, making profitability improvements less durable until positive adjusted OIBDA is sustained across cycles.
Deal Concentration And Revenue VolatilityConcentration from acquisitions and variable programmatic adoption creates uneven revenue flows; lost or non-renewed large deals materially swing results. Combined with historically choppy cash flow and previous capital-structure stress, this amplifies execution risk and complicates forecasting over the next several quarters.
National Cinemedia News
NCMI FAQ
What was National Cinemedia’s price range in the past 12 months?
National Cinemedia lowest stock price was $2.78 and its highest was $5.55 in the past 12 months.
What is National Cinemedia’s market cap?
National Cinemedia’s market cap is $294.47M.
When is National Cinemedia’s upcoming earnings report date?
National Cinemedia’s upcoming earnings report date is Aug 10, 2026 which is in 70 days.
How were National Cinemedia’s earnings last quarter?
National Cinemedia released its earnings results on May 12, 2026. The company reported -$0.31 earnings per share for the quarter, missing the consensus estimate of -$0.275 by -$0.035.
Is National Cinemedia overvalued?
According to Wall Street analysts National Cinemedia’s price is currently Undervalued.
Does National Cinemedia pay dividends?
National Cinemedia pays a Quarterly dividend of $0.03 which represents an annual dividend yield of 3.05%. See more information on National Cinemedia dividends here
What is National Cinemedia’s EPS estimate?
National Cinemedia’s EPS estimate is -0.08.
How many shares outstanding does National Cinemedia have?
National Cinemedia has 93,780,290 shares outstanding.
What happened to National Cinemedia’s price movement after its last earnings report?
National Cinemedia reported an EPS of -$0.31 in its last earnings report, missing expectations of -$0.275. Following the earnings report the stock price went down -11.835%.
Which hedge fund is a major shareholder of National Cinemedia?
Currently, no hedge funds are holding shares in NCMI
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
National Cinemedia Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$5.50 (51.52% Upside)
$5.50 (51.52% Upside)
Hedge Fund Trend
Increased
By 991.8K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
-38.18%
12-Months-Change
Fundamentals
Return on Equity
-2.31%
Trailing 12-Months
Asset Growth
-6.97%
Trailing 12-Months
Company Description
National Cinemedia
National CineMedia, Inc., through its subsidiary, National CineMedia, LLC, operates cinema advertising network in North America. It engages in the sale of advertising to national, regional, and local businesses in Noovie, a cinema advertising and entertainment pre-show seen on movie screens; and sells advertising on its Lobby Entertainment Network, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theatre lobbies. The company is also engaged in the sale of online and mobile advertising through its Noovie Audience Accelerator product, as well as a suite of Noovie digital properties, such as Noovie Shuffle, Noovie Trivia, Name That Movie, and Noovie Arcade to reach entertainment audiences beyond the theater. It offers its services to third-party theater circuits under long-term network affiliate agreements. The company was incorporated in 2006 and is headquartered in Centennial, Colorado.
NCMI Company Deck
NCMI Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call portrayed a company with strengthening demand fundamentals and several strategic initiatives underway—attendance growth, premium inventory gains (Platinum), accelerating programmatic adoption, NCMx product integrations, an AMC lobby display partnership, and a targeted operational transformation with an $11 million annualized cost-savings goal. These positives support improved cash flow and a solid liquidity position and underpin Q2 guidance for positive adjusted OIBDA. Offsetting factors include a negative adjusted OIBDA and an operating loss in Q1, expense pressure from higher exhibitor fees and one-time transformation costs, deal concentration effects from the Spotlight integration, and near-term variability from major sporting events. Overall, management communicated confidence in a constructive trajectory backed by product and cost actions, while acknowledging short-term headwinds and seasonality.View all NCMI earnings summariesNCMI Stock 12 Month Forecast
Average Price Target
$5.50
▲(51.52% Upside)
Technical Analysis
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Ownership Overview
1.21% Insiders
15.71% Mutual Funds
57.29% Other Institutional Investors
16.58% Public Companies and
Individual Investors