Regal Entertainment Group (RGC) Releases Earnings Results, Beats Expectations By $0.03 EPS

In this case performance of tends to percentage rate of return for a stock for a given time frame. Currently Analysts have a mean recommendation of 2.40 on the shares. If the published price targets set by Regal Entertainment Group analysts have any power to influence the stock's share price, the highest price target set for RGC is $24.75. Finally, Morgan Stanley raised shares of Regal Entertainment Group from an underweight rating to an equal weight rating and set a $17.00 price target for the company in a research note on Thursday, October 5th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and eight have given a buy rating to the stock. The 20-day RSI for RGC is 43.99%, which suggests that the stock is not particularly expensive or cheap, and not predisposed to a reactive price movement based on this measure.

Regal Entertainment Group (RGC) stock price is moving downswing along with the volume 4.63 million shares in recent session. The company has a debt-to-equity ratio of -2.91, a quick ratio of 0.83 and a current ratio of 0.89. Regal Entertainment Group has a 52-week low of $16.50 and a 52-week high of $24.79. Regal Entertainment Group (NYSE:RGC) has declined 1.35% since November 9, 2016 and is downtrending. The business had revenue of $716.00 million for the quarter, compared to analyst estimates of $701.66 million. The stock returned -6.48% last month which was maintained at -9.09% this year. The company reported $0.29 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.26 by $0.03.

Regal Entertainment Group (RGC) opened at $15.36 on Wednesday. If you happen to be reading this article on another website, it was stolen and illegally republished in violation of USA and worldwide copyright law. The legal version of this piece can be accessed at

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Gotham Asset Mgmt Ltd Company invested in 0.02% or 86,305 shares. The ex-dividend date of this dividend is Friday, December 1st. Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Inv Mngmt Corp invested in 0.05% or 273,400 shares. Regal Entertainment Group's dividend payout ratio (DPR) is presently 101.15%. Regal Entertainment Group (NYSE:RGC) has been trading in a bearish manner, based on the relative positions of the stock's 20 and 200 day moving averages. This buyback authorization permits the company to purchase up to 2.2% of its shares through open market purchases. Stock buyback programs are generally an indication that the company's board believes its stock is undervalued.

In other news, Director Stephen A. Kaplan acquired 10,000 shares of Regal Entertainment Group stock in a transaction that occurred on Friday, August 25th. The stock was sold at an average price of $22.95, for a total value of $298,350,000.00. Martingale Asset Management L P now owns 498,694 shares of the company's stock valued at $10,205,000 after buying an additional 79,693 shares during the period. Active and passive investors always require every bit of information available regarding his chosen security and this include keeping close watch on fundamental and technical data. Also, CFO David Ownby purchased 7,500 shares of the business's stock in a transaction on Thursday, August 24th. The shares were bought at an average cost of $14.76 per share, with a total value 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 purchase can be found here. It also upped Bristol Myers Squibb Co (Put) (NYSE:BMY) stake by 347,500 shares and now owns 500,000 shares. It increased, as 33 investors sold RGC shares while 66 reduced holdings. Dalton Greiner Hartman Maher & Co. increased its position in Regal Entertainment Group by 1.2% in the second quarter. To cut down amount of noise on price chart, shares of firm has 20 days moving average price of -4.91% from last close price of 15.36 and act as support or resistance of price limit. Balyasny Asset Mngmt Ltd Liability Co has invested 0% in Regal Entertainment Group (NYSE:RGC). The Manufacturers Life Insurance Company 's holdings in Regal Entertainment Group were worth $100,000 at the end of the most recent quarter. Geode Capital Management LLC grew its stake in Regal Entertainment Group by 5.4% during the 1st quarter. The institutional investor held 16,235 shares of the finance company at the end of 2017Q2, valued at $1.02 million, down from 55,497 at the end of the previous reported quarter. Finally, Alliancebernstein L.P. increased its stake in Regal Entertainment Group by 11.6% during the 2nd quarter. Royal Bank of Canada now owns 724,860 shares of the company's stock worth $14,831,000 after purchasing an additional 106,214 shares during the last quarter. Institutional investors and hedge funds own 82.71% of the company's stock.

According to Zacks, "Regal Entertainment Group is a leading motion picture exhibitor operating the largest theatre circuit in the United States".

Like this



10 November 2017
Abbotsford Police create condolences email address for slain officer
He died in an exchange of gunfire, after responding to a report of a possible stolen vehicle and shots fired at members of the public.

10 November 2017
Teacher removed from class over student sex allegations
The young educator spent two years as a substitute at Kettering Fairmont High School until she was arrested on Wednesday. According to her UD transcript included in her personnel file, Marx withdrew from a fall 2013 class on sexual ethics.

10 November 2017
Nawazuddin Siddiqui's ex Sunita Rajwar sues him for Rs 2 crore
The TV personality, who, in a Facebook post, called out Nawaz for lying about why they broke up, has now sent him a legal notice. Popular actor, Nawazuddin Siddiqui has been sued by his ex Sunita Rajwar after he wrote a memoir about their relationship.

10 November 2017
Kejriwal is 'a peculiar person', doesn't understand problem: Amarinder Singh
The governments must consider taking measures to protect precious lives", the CM said. To find a solution to it, farmers need to be given equipment, which are costly.

10 November 2017
Hathurusinghe quits as Bangladesh coach
Hassan ruled out the theory that Hathurusingha is using his resignation letter as a bargaining chip. "Money isn't an issue". Samaraweera was under Hathurusingha as the Bangladesh Batting Coach before moving to the Sri Lanka coaching setup.

10 November 2017
Mourinho targets Barca's Umtiti?
Umtiti has a release clause of 53 million pounds, which could be considered cheap for a player like him in the current market. The France defender has been a Nou Camp regular since his £21m move from Lyon in the summer of 2016, making 58 appearances.

10 November 2017
Woman from India among 3 held for IS support
He was educated in JI-linked schools in the region and also underwent paramilitary training in some of the schools he attended. On the other hand, Abu Thalha bin Samad, aged 25, and Munavar Baig Amina Begam, aged 38, were issued with detention orders.

10 November 2017
Hanson sticking by Qld sex shop candidate
I will actually have a look at this, with it. "At the end of the day it's a retail business". Murphy then took Thornton's claim that his wife runs the Facebook page to task.

10 November 2017
Two Teens Arrested Over Fatal Mitcham Hit And Run
After the crash, the occupants of the BMW then allegedly committed an aggravated burglary at an address in Scoresby. He died in the Alfred Hospital on Thursday afternoon.

10 November 2017
Wisconsin, the Big Ten's last hope of a playoff team
Nate Stanley played out of his mind, throwing five touchdown passes. "On the penalty kill he talks to the defenseman a lot". Considering all of the close games (or first halves) IN has put together this season, it's odd to see their record at 3-6.