With 1.08 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.88 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 $7.20. With its current market cap of 498.87 million, NCMI has annualized dividend of $0.06 while the current yield stands at 1.13%. Beta for the stock currently stands at 2.09.
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 -2.76%, but this was down by -6.87% over a month. Three-month performance dropped to -14.95% while six-month performance fell -22.89%. The stock lost -4.86% in the past year, while it has lost -20.33% so far this year. A look at the trailing 12-month EPS for NCMI yields -0.20 with Next year EPS estimates of 0.09. For the next quarter, that number is -0.07. This implies an EPS growth rate of 31.52% for this year and 157.14% for next year.
Float and Shares Shorts:
At present, 94.86 million NCMI shares are outstanding with a float of 66.35 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. Based on analyst estimates, the high estimate for the next quarter is -$0.04 and the low estimate is -$0.04. The average estimate for the next quarter is thus -$0.04.
