National CineMedia (NCMI)

• Market cap: $638M
• 1 day: -0.30%
• 5 days: -7.31%
• 1 month: 0.45%
• 3 months: -1.90%
• 6 months: 54.48%
• Year to date: 69.70%
• 1 year: 74.55%
• 5 years: -90.76%
• 10 years: -95.15%
• Sector: Communication Services
• Industry: Advertising

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 Q3 regulatory filings by fund managers ($100M+ AUM)

8,572% more call options, than puts

Call options by funds: $7.02M | Put options by funds: $81K

233% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 9

65% more capital invested

Capital invested by funds: $327M [Q2] → $538M (+$211M) [Q3]

28% more funds holding

Funds holding: 75 [Q2] → 96 (+21) [Q3]

21% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 24

3.03% more ownership

Funds ownership: 77.08% [Q2] → 80.1% (+3.03%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q2] → 3 (+0) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $8 19% upside
• Avg. target: $8.13 21% upside
• High target: $8.25 23% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Barrington Research James Goss 55% 1-year accuracy 53 / 96 met price target	23% upside $8.25	Outperform Maintained	6 Nov 2024
Benchmark Mike Hickey 79% 1-year accuracy 59 / 75 met price target	19% upside $8	Buy Reiterated	23 Sept 2024