Regal Entertainment Group has a 12-month low of $19.35 and a 12-month high of $24.79. The company has a market capitalization of $3,218.81, a price-to-earnings ratio of 23.30, a price-to-earnings-growth ratio of 2.15 and a beta of 1.14.
The Volatility 12m of Regal Entertainment Group (NYSE:RGC) is 30.190000. As companies continue to report quarterly earnings, investors will be watching which companies post larger than expected surprises. Regal Entertainment Group had a net margin of 4.41% and a negative return on equity of 16.36%. The company had revenue of $716.00 million during the quarter, compared to analysts' expectations of $701.66 million. The difference between the expected and actual EPS was $0.02/share, which represents an Earnings surprise of 40%. The company's revenue was down 11.8% compared to the same quarter last year. analysts expect that Regal Entertainment Group will post 0.95 EPS for the current year. The company had Year Ago Sales of 812.6 Million. This repurchase authorization permits the company to purchase up to 2.2% of its stock through open market purchases. Shares buyback programs are usually a sign that the company's leadership believes its stock is undervalued. Investors of record on Monday, June 5th will be paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 4.29%. The ex-dividend date is Thursday, June 1st. The ROIC Quality of Regal Entertainment Group (NYSE:RGC) is 7.041591.
Institutional investors have recently added to or reduced their stakes in the business.
While looking at the Stock's Performance, Regal Entertainment Group now shows a Weekly Performance of 18.02%, where Monthly Performance is 30.24%, Quarterly performance is 32.34%, 6 Months performance is -1.16% and yearly performance percentage is -6.82%. 5,934,819 shares of the company's stock traded hands, compared to its average volume of 2,897,122. Paradigm Capital Management Inc. Finally, KCG Holdings Inc. increased its stake in shares of Regal Entertainment Group by 69.5% in the third quarter. NY now owns 206,425 shares of the company's stock valued at $3,303,000 after acquiring an additional 28,175 shares in the last quarter. James Investment Research Inc. bought a new position in Regal Entertainment Group during the 2nd quarter worth approximately $224,000. Martingale Asset Management L P now owns 498,694 shares of the company's stock worth $10,205,000 after buying an additional 79,693 shares in the last quarter. Finally, Morgan Stanley upgraded 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 report on Thursday, October 5th. Royal Bank of Canada now owns 724,860 shares of the company's stock worth $14,831,000 after buying an additional 106,214 shares in the last quarter. Investors look at the Volatility 12m to determine if a company has a low volatility percentage or not over the course of a year.
Fitch cuts India's GDP growth forecast to 6.7% for FY18
India also received positive news when the recent GDP growth numbers reversed a five-quarter slowdown and jumped to 6.3 per cent. The International Monetary Fund (IMF) had also said it will update its growth rate forecast for India in January next year.
Several research analysts recently weighed in on RGC shares. The stock tapped a 52-week high of US$23.56 while the mean 12-month price target for the shares is US$19.44. They noted that the move was a valuation call. Loop Capital cut their price objective on Regal Entertainment Group from $25.00 to $24.00 and set a "buy" rating for the company in a research note on Monday, October 23rd.
Finalization of the deal was announced Tuesday by Cineworld, which will pay $23 per share of Regal. The firm's 50-day moving average price is $21.44 and its 200 day moving average price is $21.92. If you are viewing this news story on another publication, it was illegally stolen and republished in violation of US & global copyright law.
Regal Entertainment Group (NYSE:RGC) has a current MF Rank of 6048. Regal operates 7,315 screens in 561 theaters in 43 US states along with Guam, Saipan, American Samoa and the District of Columbia.
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