National Cinemedia (NCMI) Receives a Hold from Wedbush

Wedbush analyst Michael Pachter maintained a Hold rating on National Cinemedia (NCMI) today and set a price target of $5.00. The company’s shares closed last Monday at $4.76.

According to, Pachter is a 4-star analyst with an average return of 7.9% and a 57.1% success rate. Pachter covers the Technology sector, focusing on stocks such as Alphabet Class A, Playtika Holding, and Unity Software.

National Cinemedia has an analyst consensus of Moderate Buy, with a price target consensus of $5.25, representing a 7.4% upside. In a report issued on March 4, MKM Partners also maintained a Hold rating on the stock with a $4.50 price target.

See today’s analyst top recommended stocks >>

Based on National Cinemedia’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $6 million and GAAP net loss of $12.7 million. In comparison, last year the company earned revenue of $111 million and had a net profit of $9.2 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

National CineMedia, Inc. is a holding company. It engages in the provision of advertising, business meetings, event services, and third-party theatre circuits under network affiliate agreements. The firm owns and operates the digital in-theatre network, which is used to distribute content for its advertising promotions, Fathom Events. National CineMedia was founded on October 5, 2006 and is headquartered in Centennial, CO.

Read More on NCMI:

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts