Published: Wed, September 20, 2017
Economy | By Annette Adams

Q3 2017 EPS Estimates for Regal Entertainment Group Boosted by Analyst (RGC)

Q3 2017 EPS Estimates for Regal Entertainment Group Boosted by Analyst (RGC)

04/11/2017 - Regal Entertainment Group had its "buy" rating reiterated by analysts at Benchmark.

Several other institutional investors and hedge funds also recently made changes to their positions in RGC. As of the last earnings report the EPS was $1.08 and is projected to be $1.01 for the current year with 156,347,000 shares presently outstanding. Barings LLC now owns 110,858 shares of the company's stock valued at $2,503,000 after acquiring an additional 41,558 shares during the period.

10/31/2016 - Regal Entertainment Group was upgraded to "conviction buy" by analysts at Goldman Sachs. Meadow Creek Investment Management LLC purchased a new position in shares of Regal Entertainment Group in the 1st quarter valued at about $382,000. The firm has "Buy" rating by Loop Capital given on Tuesday, May 16. During the trading on 09/14/2017, Company's stock ranged from $15.00 to $16.02.

Ranger International Management Lp holds 2.92% of its portfolio in Regal Entertainment Group for 43,966 shares. The stock has a market capitalization of $2.51 billion, a P/E ratio of 14.88 and a beta of 0.96. After a recent check, the 14-day RSIfor Kirkland's Inc (KIRK) is now at 56.78, the 7-day stands at 52.42, and the 3-day is sitting at 55.02. The share price has moved forward from its 20 days moving average, trading at a distance of 8.99% and stays -4.88% away from its 50 days moving average.

Regal Entertainment Group (RGC) opened the session with a $15.73 price tag, later ranging from $15 to $16.02, the range at which the stock has traded at throughout the day. Additionally Regal Entertainment Group Class declared a dividend that was paid on Fri Sep 15, 2017. The firm's revenue for the quarter was down 2.8% compared to the same quarter a year ago.

For the past 5 years, Rice Energy Inc.'s EPS growth has been almost 29.94%. On average, equities analysts forecast that Regal Entertainment Group will post $1.01 EPS for the current fiscal year. Shareholders of record on Tuesday, September 5th were issued a dividend of $0.22 per share. The ex-dividend date was set for Thursday the 31st of August 2017. This represents a $0.88 dividend on an annualized basis and a dividend yield of 4.05%.

Regal Entertainment Group announced that its board has initiated a share buyback plan on Thursday, August 31st that permits the company to buyback $50.00 million in shares.

Regal Entertainment Group Class's P/E ratio is 15.26 and the market cap of the company is 2.57B. The sales growth rate for a stock is a measure of how the stock's sales per share (SPS) has grown over a specific period of time. Stocks that were winners last year, last month, or even last week, may not be winners next week, next month, or next year.

The best measure of a company is its profitability, for without it, it can not grow, and if it doesn't grow, then its stock will trend downward. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The shares were bought at an average price of $14.76 per share, for a total transaction of $369,000.00. Following the transaction, the chief financial officer now owns 229,573 shares in the company, valued at approximately $3,223,204.92. The disclosure for this sale can be found here. However, the company's most recent quarter decrease of -2.8% looks unattractive. Farmers National Bank grew its position in Regal Entertainment Group by 901.2% during the second quarter. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of United States & worldwide copyright laws.

Analysts await Regal Entertainment Group (NYSE:RGC) to report earnings on October, 26.

07/05/2017 - Regal Entertainment Group had its "underweight" rating reiterated by analysts at Morgan Stanley. The count of Hold ratings in that period was 7. The firm has "Mkt Perform" rating given on Thursday, April 27 by FBR Capital. Zacks Investment Research cut Regal Entertainment Group from a hold rating to a sell rating in a report on Thursday, June 29th. Five research analysts have rated the stock with a sell rating, two have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the stock.

Regal Entertainment Group (RGC) failed to surprise the stock market in its last reported earnings when it earned $0.16 a piece versus the consensus-estimated $0.18. National Bank & Trust Of America De invested 0.01% of its portfolio in Regal Entertainment Group (NYSE:RGC). As of December 31, 2016, the Company operated 7,267 screens in 561 theatres in 42 states along with Guam, Saipan, American Samoa and the District of Columbia. The Company manages its business under theatre exhibition operations segment.

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