Equities research analysts predict that Regal Entertainment Group will post $1.22 EPS for the current year. The company's revenue for the quarter was down 4.2% compared to the same quarter a year ago. Dalton Greiner Hartman Maher & Co. raised its position in Regal Entertainment Group by 5.1% in the first quarter. For the past 5 years, the company's revenue has grown 0%, while the company's earnings per share has grown 0%. The firm earned $812.60 million during the quarter, compared to analysts' expectations of $804.85 million. During the same period in the previous year, the company posted $0.35 EPS. Two Sigma Investments LP now owns 758,331 shares of the company's stock worth $15,622,000 after buying an additional 685,420 shares in the last quarter.
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Other analysts have also issued reports about the stock.
Depending on the earnings numbers reported, Regal Entertainment Group (NYSE:RGC) stock may see increased volatility following the report.
In a report released on 4/24/2017 Wedbush increased the stock price target of Regal Entertainment Group (NYSE:RGC) to $26.00 reporting a potential upside of 0.18%. The current Wall Street consensus is expecting Regal Entertainment Group (NYSE:RGC) to report EPS of $0.36 for the quarter.
Research analysts at B. Riley dropped their Q3 2017 earnings per share (EPS) estimates for Regal Entertainment Group in a research report issued on Monday, according to Zacks Investment Research. Finally, Loop Capital reissued a "hold" rating and issued a $22.00 price objective on shares of Regal Entertainment Group in a research report on Tuesday, February 7th. Three equity analysts rating the company a strong buy, six equity analysts rating the company a buy, twelve equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $22.78. The company has a consensus rating of "Hold" and an average target price of $25.20.
Shares of Regal Entertainment Group (NYSE:RGC) opened at 22.11 on Thursday.
ESPN to layoff 100 on-air talent
ESPN put out a statement via its in-house "Front Row" website to provide further context on the company's strategy going forward. Central to today's staff cuts are the changing economics of the sports media industry, as Skipper alluded to in his memo.
Currently, the stock carries a price to earnings ratio of 0, a price to book ratio of 0.99, and a price to sales ratio of 0.51. The 52 week high Regal Entertainment Group's shares have peaked at is 24.79 whilst the 52 week low for the company's shares is 19.35.
After a recent look, shares have been seen 3.06% from the 200-day moving average, and 2.23% from the 50-day moving average.
On 6/29/2016 Peter B Brandow, EVP, sold 49,024 with an average share price of $21.51 per share and the total transaction amounting to $1,054,506.24. Following the completion of the transaction, the executive vice president now owns 212,715 shares in the company, valued at $4,786,087.50.
In other Regal Entertainment Group news, insider Gregory W. Dunn sold 26,050 shares of the firm's stock in a transaction on Thursday, March 9th. The shares were sold at an average price of $22.50, for a total transaction of $455,242.50. Following the sale, the insider now directly owns 67,052 shares in the company, valued at approximately $1,485,201.80. The disclosure for this sale can be found here. The stock traded at a volume of 2.55 million shares. Hamlin Capital Management LLC boosted its position in shares of Regal Entertainment Group by 16.6% in the first quarter. Janney Montgomery Scott LLC now owns 60,160 shares of the company's stock worth $1,358,000 after buying an additional 1,473 shares during the period. Miller Howard Investments Inc.
On 7/27/2016 Regal Entertainment Group announced a Quarterly dividend of $0.22 with an ex dividend date of 8/31/2016 which will be payable on 9/15/2016. Capital One National Association now owns 33,541 shares of the company's stock worth $729,000 after buying an additional 395 shares during the last quarter. General American Investors Co. Inc. increased its stake in shares of Regal Entertainment Group by 2.0% in the third quarter.
02/23/2016 - Regal Entertainment Group had its "market perform" rating reiterated by analysts at JBL Advisors. 1,370,813 shares of the stock were exchanged.
Regal Entertainment Group (NYSE:RGC) is getting prepared to post earnings results on 4/26/2017 4:30:00 PM.
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