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NCNCMI

National CineMedia, Inc.

$NCMI·$212M·Advertising Agencies·Communication Services
$2.30+4.1%YTD-43.3%1Y-51.7%
Price updated 2m ago·X counts updated 2d ago
NCNCMI
$NCMINational CineMedia, Inc.
$2.30+4.07%11 posts
AI analysisFundamentalsVoices on X
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On X

The complete picture of $NCMI on X — how loud the conversation is right now, how it has trended over the last two weeks, and which way the crowd is leaning.

11X posts · last 7 days
Sep 11Sep 27

AI verdictAI analysisGenerated by AI from underlying data

TickerTalks' own read on what's driving $NCMI — fundamentals, momentum, or an event — and whether it agrees with the X crowd.

Comeback attemptWinding up for a moveAI verdict · as of 2026-09-28

Trading in a tight range and building pressure — a move looks likely soon, but the direction isn't clear yet.

National CineMedia just closed the $275M Captivate acquisition — a cinema-advertising micro-cap at 6% of the 52-week range now diversifying into digital elevator/lobby ads.

National CineMedia is the leading cinema-advertising franchise (Noovie in-theater, Lobby Entertainment Network, NCM Boost/Bullseye/Blueprint digital adjacencies) — a business that just executed a transformative acquisition to expand into digital out-of-home advertising. The stock is down 51% over 12 months.

  • The Sept 21 Captivate acquisition close is the primary strategic event: $275M cash for the leading digital elevator/lobby ad operator, financed by a $275M Crestline Direct Finance senior secured term loan — real diversification beyond cinema screens.
  • Q2 revenue grew 13% YoY to $58.4M at 94% gross margin, though op margin was -22% and EPS -$0.10 vs -$0.09 estimate (-18% miss) — legitimate revenue acceleration meets continued operating losses.
  • The Q1 revenue -3% YoY plus quarterly-cycle volatility (Q4 $93M vs Q1 $34M) reflects the seasonal in-theater advertising cadence — Captivate should smooth this into a more stable revenue base.

Q3 earnings on Oct 29 is the confirmation — a beat plus firm Captivate-integration commentary and 2027 revenue-run-rate attribution restarts the story; another quarter of soft in-theater print plus integration hiccups and the tape stays trapped.

What to watch: Q3 earnings on Oct 29 — a beat plus firm Captivate-integration commentary and 2027 revenue-run-rate attribution restarts the story; another quarter of soft in-theater print plus integration hiccups and the tape stays trapped.

On the calendar: 2026-10-29 — Q3 earnings

no sentimentcaptivate 275m acquisitioncrestline term loan

Read the AI verdict on $NCMI

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • Whether TickerTalks' read agrees with or diverges from the X crowd
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What it does

Plain-English summary of the business — what they sell and how they make money.

In-theater cinema advertising network selling brands access to moviegoers across hundreds of US cinema chains.

Industry overviewAI analysisGenerated by AI from underlying data

Where Advertising Agencies sits in its cycle right now — and what that implies for $NCMI.

Advertising Agencies · Communication Services

No material change from last week — programmatic and AI-enabled ad platforms continue taking structural share from legacy agency fee models.

What this means for $NCMI

Neutral — In-theater cinema advertising network selling brands access to moviegoers across hundreds of US cinema chains.

Industry benchmark

8-name peer basket
+132.0%YTD
+7.6%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-28.8How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-27.3%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-7.1%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
1.9%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
1.0Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-2.1%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
54.0%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.1Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 11, 2026$-0.10$-0.09-17.6%
Q1 2026May 12, 2026$-0.31$-0.26-19.2%
Q4 2025Feb 26, 2026$0.28$0.25+12.0%
Q3 2025Oct 30, 2025$0.02$-0.03+156.6%
Next earningsThu, Oct 29·consensus EPS $0.03

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q2 FY26$58.4M+12.7%93.7%-21.9%$-0.11$-18.9M
Q1 FY26$34.0M-2.6%-12.1%-79.1%$-0.31$17.8M
Q4 FY25$93.2M+8.0%60.1%25.5%$0.31$6.5M
Q3 FY25$63.4M+1.6%44.0%-2.8%$0.02$-500K

Forward consensus

5-year forecast · up to 3 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$241.0M$240.2M – $242.2M-$0.21-$0.23 – -$0.203
FY27$261.6M$252.6M – $279.5M-$0.09-$0.09 – -$0.083
FY28$271.5M$260.4M – $282.7M$0.04$0.04 – $0.043
FY29$294.3M$282.1M – $306.3M$0.16$0.05 – $0.273
FY30$301.3M$288.6M – $319.8M$0.08$0.08 – $0.092

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.1.7×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.4%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-25.5%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-35.0%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 65.3M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today2.7% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β1.395-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellAug 3Ronnie Y. NgCFO1.0K sh$4KSellAug 3Thomas F. LesinskiCEO50.6K sh$212KSellJul 2Maria Vg WoodsChief Legal Officer12.1K sh$45KSellJul 2Ronnie Y. NgCFO32.3K sh$122KSellJul 2Thomas F. LesinskiCEO70.2K sh$265KSellJun 26Thomas F. LesinskiCEO28.9K sh$105KSellJun 25Thomas F. LesinskiCEO46.1K sh$164KSellJun 22Ronnie Y. NgCFO19.0K sh$65KSellMay 4Maria Vg WoodsChief Legal Officer5.5K sh$19KSellMay 4Ronnie Y. NgCFO12.9K sh$45K
1–10 of 11
+ 14 other (7 awards · 7 exempts) in window

See when $NCMI insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
Free, forever. No credit card.

SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

8-KAcquisition completedSep 218-K — Item 1.01: Material agreement · Item 1.02: Agreement terminated · Item 2.01: Acquisition completed · Item 2.03: Material debt obligation · Item 7.01: Press release / Reg FD
AI summary

National CineMedia (NCMI) executed a Credit Agreement on September 18, 2026 with Crestline Direct Finance as administrative and collateral agent, providing a $275 million senior secured first lien term loan to National CineMedia, LLC and its Captivate subsidiaries (Captivate Holdings and Captivate, LLC) as co-borrowers; the filing also covers material agreement entry (1.01), agreement termination (1.02), and completion of an acquisition or disposition (2.01). This is a transformative transaction involving the acquisition of Captivate, financed by $275 million in new senior secured debt, representing a major strategic expansion in cinema network advertising.

8-KMaterial agreementAug 118-K — Item 1.01: Material agreement · Item 7.01: Press release / Reg FD · Item 8.01: Other event
AI summary

National CineMedia (NCMI), the in-theater advertising network, signed a Securities Purchase Agreement to acquire Captivate Holdings - the leading operator of digital video elevator and lobby advertising in North America - for an enterprise value of $275 million in cash. The deal is subject to HSR antitrust waiting period and other customary closing conditions, with closing anticipated in the second half of 2026. NCMI obtained representation and warranty insurance as part of the transaction structure. The acquisition meaningfully expands NCMI beyond cinema screens into high-dwell-time out-of-home digital ad inventory, diversifying its revenue base.

8-KShareholder voteMay 128-K — Item 2.02: Earnings release · Item 5.07: Shareholder vote
3New insider — initial holdingsMay 113
+ 8 other (5 13Gs · 2 10-Qs · 1 earnings 8-K) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

National CineMedia, Inc. Completes Acquisition of Captivatebusinesswire.com·9d agoNational CineMedia Posts Downbeat Q2 Results, Joins Borr Drilling, AbCellera Biologics And Other Big Stocks Moving Lower In Wednesday's Pre-Market Sessionbenzinga.com·49d agoNational CineMedia, Inc. (NCMI) Q2 2026 Earnings Call Transcriptseekingalpha.com·49d agoNational CineMedia Q2 Earnings Call Highlightsmarketbeat.com·49d agoNational CineMedia (NCMI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimateszacks.com·49d ago

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Voices on X · last 7 days

No standout posts about $NCMI on X in the last 7 days.

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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