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NCMI $4.63

NCMI target price
4.63
0
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National CineMedia, Inc.
Type
Public
Traded as NASDAQ: NCMI
Industry Motion Picture Exhibition advertising
Founded 2002; 15 years ago (2002), (Centennial, Colorado)
Headquarters Centennial, Colorado, United States
Key people
Andrew J. England (CEO), Director
Subsidiaries National CineMedia, LLC (43.7%)
Fathom Events (4%)
Website www.ncm.com

National CineMedia (NCM) is an American cinema advertising company. NCM displays ads to U.S. consumers in movie theaters, online and through mobile technology. NCM presents cinema advertising across a digital in-theater network, consisting of theaters owned by AMC Entertainment Inc., Cinemark Holdings, Inc., Regal Entertainment Group and other regional theater circuits.

The publicly-traded National CineMedia, Inc. (NASDAQ: NCMI) owns 43.7% and is the managing partner of NCM. Regal, Cinemark and AMC hold the remainder of NCM shares.

The company is perhaps best known to the general public for its advertising pre-show, Noovie.

FirstLook was NCM's pre-feature programming. FirstLook consisted of pre-show advertising and entertainment, provided by content partners such as ABC Networks, A&E Television Networks, Amazon, Disney, Fandango, Google, Hulu, Microsoft, NBC, Nintendo and Turner Broadcasting System interspersed with advertising. The program was approximately 20 minutes, and was timed to end exactly at the movie's start time, before any trailers. It was delivered via satellite, and several different versions were provided depending on the movie's MPAA rating.

If a 3D movie was showing, a special "FirstLook 3D" was shown after the original version. This consisted of 3D advertisements.

If a G or PG movie was showing, a children's version of FirstLook, named "FirstLook Play", was shown in lieu of the original version. This usually was for movies directed at children with those ratings, though some PG movies still had the regular FirstLook programming.

FirstLook was the successor to Regal's The 2wenty preshow, introduced to that chain in 2003. FirstLook carried largely that same format, the main difference being that while 2wenty was Regal-exclusive, FirstLook was fed to founding members circuits AMC, Cinemark, and Regal, as well as many NCM affiliate circuits such as Goodrich Quality Theaters, Hollywood Theaters, and Kerasotes.

On September 28, 2017, it was reported that National CineMedia teamed up with the Walt Disney Company and Sony Music to launch a new pre-show that features content from Walt Disney Studios.

Fathom Events, formerly known as NCM Fathom, was a division of National CineMedia that offered alternative entertainment events in movie theaters. In December 2013, it was announced that NCM was restructuring Fathom Events as a new stand-alone entity owned by AMC, Cinemark, Regal Entertainment Group and NCM, with NCM retaining a 4% stake in the company.

Past entertainment events have included:

The NCM Digital offers 360-degree integrated marketing programs in combination with cinema, encompassing thousands of entertainment-related web sites and hundreds of mobile applications.

Firstlookonline.com is a consumer-based initiative targeting movie-going audiences with new movie content, trailers, movie showtimes and extended information.

In May 2014, Screenvision entered into a merger agreement with NCM for US$375 million. The merger was blocked by the Department of Justice over anti-trust concerns, since Screenvision and NCM together would supply advertising to 34,000 of the nation's 39,000 movie theaters. In March 2015, Screenvision and NCM terminated their deal and NCM paid Screenvision a $26.8 million termination payment.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2022 2022-11-07 Future report Set alerts
Q2 2022 2022-08-08 -0.01 -0.01
Q1 2022 2022-05-09 -0.20 -0.20
Q4 2021 2022-03-03 -0.05 -0.05
Q3 2021 2021-11-08 -0.19 -0.19
Q2 2021 2021-08-09 -0.28 -0.28
Q1 2021 2021-05-10 -0.25 -0.25
Q4 2020 2021-03-08 -0.62 -0.62
Q3 2020 2020-11-02 -0.16 -0.16
Q2 2020 2020-08-03 -0.17 -0.17

Ratings

2016-06-12 Reiterated Rating Credit Suisse Outperform $21.00
2016-06-12 Reiterated Rating Credit Suisse Group AG Outperform $21.00
2016-05-26 Reiterated Rating FBR & Co. Buy
2016-05-26 Reiterated Rating FBR & Co Buy
2016-05-10 Reiterated Rating B. Riley Buy $20.00
2016-05-06 Lower Price Target Benchmark Co. Buy $19.77 to $18.76
2016-05-05 Reiterated Rating B. Riley Buy $20.00
2016-04-13 Reiterated Rating Wedbush Buy
2016-03-03 Reiterated Rating B. Riley Buy $20.00
2016-02-29 Boost Price Target Benchmark Co. Buy $19.22 to $19.77
2016-02-27 Reiterated Rating B. Riley Buy $20.00
2016-02-22 Reiterated Rating B. Riley Buy $20.00
2016-02-22 Reiterated Rating Wedbush Outperform $19.00
2016-02-17 Reiterated Rating B. Riley Buy $20.00
2016-02-05 Initiated Coverage Credit Suisse Outperform $18.00 to $21.00
2015-11-15 Reiterated Rating B. Riley Buy $20.00
2015-11-10 Boost Price Target MKM Partners Neutral $15.00 to $16.00
2015-11-10 Boost Price Target Benchmark Co. Buy $17.90 to $19.34
2015-11-10 Boost Price Target FBR & Co. Outperform $18.00 to $18.50
2015-11-10 Reiterated Rating B. Riley Buy $20.00
2015-09-26 Reiterated Rating B. Riley Buy $20.00
2015-09-21 Reiterated Rating B. Riley Buy $20.00
2015-08-12 Reiterated Rating B. Riley Buy $20.00
2015-08-10 Boost Price Target Wedbush Outperform $18.00 to $19.00
2015-08-07 Reiterated Rating B. Riley Buy $20.00
2015-08-04 Boost Price Target Wedbush Outperform $18.00
2015-05-23 Reiterated Rating Benchmark Co. Buy $16.81 to $17.31
2015-05-23 Reiterated Rating B. Riley Buy $18.50 to $20.00
2015-05-23 Upgrade FBR & Co. Outperform
2015-05-20 Reiterated Rating MKM Partners Neutral $15.00
2015-05-14 Reiterated Rating B. Riley Buy $20.00
2015-05-14 Reiterated Rating Benchmark Co. Buy $16.81 to $17.31
2015-05-12 Reiterated Rating Stifel Nicolaus Buy $17.00 to $18.00
2015-05-12 Upgrade FBR & Co. Market Perform to Outperform $15.00 to $17.50
2015-05-07 Reiterated Rating B. Riley Buy $20.00
2015-05-07 Initiated Coverage JPMorgan Chase & Co. Overweight $17.00
2015-03-17 Reiterated Rating B. Riley Buy $18.50
2015-03-02 Reiterated Rating B. Riley Buy $18.50
2015-02-27 Boost Price Target MKM Partners Neutral $13.00 to $15.00
2015-02-23 Reiterated Rating B. Riley Buy $18.50
2014-11-06 Lower Price Target Barrington Research $16.00
2014-11-04 Upgrade Piper Jaffray Neutral to Overweight
2014-11-04 Downgrade MKM Partners Buy to Neutral $20.00 to $13.00
2014-11-04 Upgrade Wedbush Neutral to Outperform $17.00 to $16.00
2014-11-04 Upgrade Stifel Nicolaus Hold to Buy $15.00
2014-11-04 Upgrade Piper Jaffray Cos. Neutral to Overweight
2014-11-03 Downgrade FBR & Co. Outperform to Market Perform $17.00 to $12.00
2014-09-26 Reiterated Rating Barrington Research Outperform
2014-09-19 Upgrade FBR & Co. Market Perform to Outperform $17.00
2014-08-12 Boost Price Target Benchmark Co. $19.17 to $19.22
2014-08-06 Downgrade Piper Jaffray Overweight to Neutral $22.00 to $18.00
2014-05-06 Boost Price Target Benchmark Co. $17.55 to $19.17
2014-05-06 Boost Price Target Credit Suisse Outperform $17.00 to $18.00
2014-05-01 Upgrade B. Riley Neutral to Buy $20.00
2014-04-01 Upgrade JPMorgan Chase & Co. Neutral to Overweight $18.00 to $17.00
2014-02-25 Upgrade Benchmark Co. Hold to Buy $18.70 to $17.55
2014-02-21 Downgrade B. Riley Buy to Neutral
2014-02-21 Downgrade Stifel Nicolaus Buy to Hold
2013-11-05 Upgrade Barrington Research Market Perform to Outperform $21.00
2013-11-05 Initiated Coverage FBR & Co. Market Perform
2013-11-04 Initiated Coverage FBR & Co. Market Perform
2013-11-01 Lower Price Target B. Riley Buy $26.00 to $24.50
2013-10-23 Downgrade JPMorgan Chase & Co. Overweight to Neutral $20.00
2013-07-19 Initiated B. Riley & Co. Buy $26
2012-04-18 Initiated Barrington Research Mkt Perform
2009-09-30 Upgrade Wedbush Morgan Underperform to Neutral $13.50 to $15.50
2009-08-07 Reiterated Wedbush Morgan Underperform $14 to $13.50
2009-07-16 Initiated MKM Partners Buy $17
2009-04-23 Downgrade Argus Buy to Hold
2009-03-09 Reiterated Janco Partners Buy $15 to $16
2009-03-06 Reiterated Wedbush Morgan Hold $9.50 to $10.50
2016-06-12 Reiterated Rating Credit Suisse Outperform $21.00
2016-06-12 Reiterated Rating Credit Suisse Group AG Outperform $21.00
2016-05-26 Reiterated Rating FBR & Co. Buy
2016-05-26 Reiterated Rating FBR & Co Buy
2016-05-10 Reiterated Rating B. Riley Buy $20.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Funds

In NCMI 0 funds of 2213 total. Show all

Fund name Ticker shares

Major Shareholders

Name Relationship Total Shares Holding stocks
Standard General L.P. 23.63%  (14387113) APP / MEG / NCMI / TPB /
AMERICAN MULTI-CINEMA, INC. 4.60%  (2800000) AMC / NCMI /
AMC STARPLEX, LLC 1.64%  (1000000) NCMI /
HALL KURT C President, CEO and Chairman 1.27%  (775950) NCMI /
Marks Clifford E Pres. Sales & Chief Mktg Off. 0.92%  (557105) NCMI /
England Andrew J. CEO 0.77%  (468961) NCMI /
Rosabal Alfonso P Jr EVP, COO & Chief Tech. Officer 0.30%  (180312) NCMI /
Hardy Ralph E EVP, Gen. Counsel & Secretary 0.27%  (162254) NCMI /
Ferrera Gary W Executive VP and CFO 0.21%  (125323) DGI / NCMI / SNOW /
Scherping Katherine Lee Chief Financial Officer 0.20%  (121941) FRSH / NCMI /
House Geri R EVP, People & Organization 0.19%  (117505) NCMI /
Felenstein Scott D EVP and Chief Revenue Officer 0.18%  (110635) NCMI /
SCHNEIDER SCOTT N 0.16%  (95864) NCMI /
Weihe Earl B EVP & Chief Operations Officer 0.14%  (88121) NCMI /
HAAS DAVID R 0.11%  (67245) NCMI /
Cabot Jeffrey T SVP & Interim Co-CFO (PAO) 0.10%  (63459) NCMI /
Oddo David J VP & Interim Co-CFO (PFO) 0.10%  (60732) NCMI /
Goodman Lawrence A 0.08%  (50665) NCMI /
Hilty Sarah Kinnick SVP & General Counsel 0.07%  (40760) NCMI /
Lanning Stephen L 0.06%  (34548) NCMI /
HOLLAND JAMES R JR 0.06%  (33873) NCMI / TCBI /
Lesinski Thomas F. 0.04%  (22228) NCMI /
Madison Paula Williams 0.02%  (14760) NCMI /
MEYER EDWARD H 0.02%  (10736) HAR / NCMI / ROIC /