National CineMediaNCMI
About: National CineMedia Inc is a cinema advertising platform in the U.S. It derives revenue from the sale of advertising to national, regional and local businesses through The Noovie Show, the cinema advertising and entertainment show seen on movie screens across the U.S., on LEN, a series of strategically-placed screens located in movie theater lobbies, as well as other forms of advertising and promotions in theater lobbies.
Employees: 292
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
6,145% more call options, than puts
Call options by funds: $3.06M | Put options by funds: $49K
50% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]
26% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 19
0.28% more ownership
Funds ownership: 73.92% [Q1] → 74.2% (+0.28%) [Q2]
7% less funds holding
Funds holding: 81 [Q1] → 75 (-6) [Q2]
15% less capital invested
Capital invested by funds: $369M [Q1] → $314M (-$54.8M) [Q2]
23% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 26
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Benchmark Mike Hickey 75% 1-year accuracy 45 / 60 met price target | 16%upside $8 | Buy Reiterated | 23 Sept 2024 |
B. Riley Securities Eric Wold 63% 1-year accuracy 15 / 24 met price target | 23%upside $8.50 | Buy Maintained | 16 Aug 2024 |
Benchmark Mike Hickey 75% 1-year accuracy 45 / 60 met price target | 16%upside $8 | Buy Upgraded | 15 Aug 2024 |
Barrington Research James Goss 53% 1-year accuracy 24 / 45 met price target | 9%upside $7.50 | Outperform Upgraded | 6 Aug 2024 |
Benchmark Mike Hickey 75% 1-year accuracy 45 / 60 met price target | 13%downside $6 | Speculative Buy Reiterated | 6 Aug 2024 |
