National CineMedia Inc (NASDAQ: NCMI) stock suffered a major decline of -10.5% on 11/6/24. The shares closed at $6.53. Moreover, this decline was accompanied by exceptionally high trading volume at 409% of normal. The stock has declined -8.9% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
NCMI’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
National CineMedia has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. National CineMedia has a poor Appreciation Score of 28 but a very high Power Rating of 94, producing the High Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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