RGC has been the subject of a number of other research reports.
COPYRIGHT VIOLATION WARNING: "LaSalle Street Capital Management LLC Acquires New Holdings in Regal Entertainment Group (NYSE:RGC)" was first published by TrueBlueTribune and is owned by of TrueBlueTribune. Polaris Ltd Liability Corp stated it has 1.74% in Regal Entertainment Group (NYSE:RGC). The target implies a -0.97% decrease from where the shares are now trading. Finally, FBR & Co reissued a "hold" rating and set a $23.00 price objective on shares of Regal Entertainment Group in a report on Monday, April 3rd.
According to the Recommendation Trends of the stock polled by Zacks Investment Research for this month, the company has a consensus recommendation of 1.73 out of the scale from 1 to 5 where 1 stands for Strong Buy and 5 means Strong Sell. Over the last five days, shares have managed 0.52% gains and now is down -19.9% since hitting its 200-day moving average of $2.92.
Shares of Regal Entertainment Group surged 5.2% in premarket trade, after the movie theater operator confirmed that it is now discussing a potential buyout by United Kingdom -based Cineworld Group PLC in a deal that would value Regal at about $3.6 billion. The company had a trading volume of 14,956,325 shares, compared to its average volume of 2,657,463.
Over the past three months, Regal Entertainment Group insiders have been net buyers, dumping a net of 0 shares. Currently, the company has a Gross Margin (Marx) ratio of 0.726517. The firm's price-to-sales ratio was noted 0.92 in contrast with an overall industry average of 5.40. Hl Fincl Ltd Liability Corporation reported 0.03% of its portfolio in Regal Entertainment Group (NYSE:RGC).
On a similar note, analysts expect EPS of $0.41 in December 2017 quarter and $0.27 in March 2018 quarter, representing 24.24% and -15.63% growth, respectively. The C-Score of Regal Entertainment Group (NYSE:RGC) is 3. The business had revenue of $716.00 million during the quarter, compared to analyst estimates of $701.66 million. During the key period of last 5 years, Regal Entertainment Group (NYSE:RGC) sales have annually surged 3.60% on average, however its earnings per share growth remained at 31.70%. Regal Entertainment Group's beta is 1.05 whilst the stock has an average true range (ATR) of 1.01. The stock has a market cap of 37.62 Billion. Geode Capital Management LLC now owns 767,157 shares of the company's stock valued at $17,322,000 after buying an additional 39,272 shares during the period.
A number of large investors have recently bought and sold shares of RGC. Regal Entertainment Group now has $3.08 billion valuation.
In the latest week Regal Entertainment Group (NYSE:RGC) stock volatility was recorded 8.02% which for the previous full month was noted 6.04%. The New York-based Goldman Sachs Group Inc Inc has invested 0.01% in Regal Entertainment Group (NYSE:RGC). Over the past year Company's shares have been trading in the range of $13.90 and $23.82. Brown Advisory Inc. raised its position in Regal Entertainment Group by 2.7% in the fourth quarter.
Ever wonder how investors predict positive share price momentum?
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The Q.i. Value of Regal Entertainment Group (NYSE:RGC) is 31.00000. With more than 7,000 screens under its banner, Regal is the second-biggest chain in the States.