With 1.16 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.79 million shares. The 52-week range on NCMI shows that it touched its highest point at $7.60 and its lowest point at $4.11 during that stretch. It currently has a 1-year price target of $7.50. Beta for the stock currently stands at 2.16.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NCMI was down-trending over the past week, with a drop of -12.39%, but this was down by -12.70% over a month. Three-month performance dropped to -29.49% while six-month performance fell -30.48%. The stock gained 2.48% in the past year, while it has lost -25.45% so far this year. A look at the trailing 12-month EPS for NCMI yields -0.20 with Next year EPS estimates of 0.12. For the next quarter, that number is -0.07. This implies an EPS growth rate of 34.78% for this year and 182.22% for next year.
Float and Shares Shorts:
At present, 94.86 million NCMI shares are outstanding with a float of 66.42 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NCMI since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.17781 being high and -$0.41839 being low. For NCMI, this leads to a yearly average estimate of -$0.30333.
