Press coverage about Regal Entertainment Group (NYSE:RGC) has been trending somewhat positive on Thursday, Accern Sentiment reports. Accern scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Regal Entertainment Group earned a daily sentiment score of 0.07 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 46.4481076779268 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- Regal Entertainment Group Class (NYSE:RGC) Trading Volume Significantly Higher (newstrendstoday.com)
- Contrasting Imax Corp (IMAX) and Regal Entertainment Group (RGC) (americanbankingnews.com)
- Regal Entertai-A: New 52-Week Low Set Today (RGC) (mysmartrend.com)
- The Wedbush Reaffirms “Buy” Rating for Regal Entertainment Group (NYSE:RGC) (expressnewsline.com)
- Regal Entertainment Group (RGC) Given Average Recommendation of “Hold” by Analysts (naijaoversabi.com)
RGC has been the subject of several research analyst reports. Hilliard Lyons raised Regal Entertainment Group to a “buy” rating in a research note on Thursday, May 18th. They noted that the move was a valuation call. Loop Capital raised Regal Entertainment Group from a “hold” rating to a “buy” rating and raised their price target for the stock from $23.00 to $25.00 in a research note on Tuesday, May 16th. B. Riley raised Regal Entertainment Group to a “buy” rating and set a $28.75 price target for the company in a research note on Saturday, April 29th. Wedbush reaffirmed a “buy” rating and set a $26.00 price target on shares of Regal Entertainment Group in a research note on Thursday, April 27th. Finally, Royal Bank Of Canada reaffirmed a “hold” rating on shares of Regal Entertainment Group in a research note on Thursday, April 27th. Five equities research analysts have rated the stock with a sell rating, three have given a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $24.57.
Regal Entertainment Group (NYSE RGC) opened at 13.98 on Thursday. Regal Entertainment Group has a one year low of $13.98 and a one year high of $24.79. The stock’s 50 day moving average price is $18.33 and its 200-day moving average price is $20.67. The firm has a market cap of $2.19 billion, a price-to-earnings ratio of 12.98 and a beta of 0.92.
Regal Entertainment Group (NYSE:RGC) last posted its earnings results on Wednesday, July 26th. The company reported $0.16 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by $0.02. Regal Entertainment Group had a negative return on equity of 20.42% and a net margin of 5.24%. The firm had revenue of $764.20 million for the quarter, compared to the consensus estimate of $764.15 million. During the same period in the prior year, the business earned $0.23 EPS. Regal Entertainment Group’s quarterly revenue was down 2.8% compared to the same quarter last year. Analysts forecast that Regal Entertainment Group will post $1.04 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Tuesday, September 5th will be given a dividend of $0.22 per share. The ex-dividend date is Thursday, August 31st. This represents a $0.88 annualized dividend and a dividend yield of 6.29%. Regal Entertainment Group’s dividend payout ratio is currently 82.24%.
About Regal Entertainment Group
Regal Entertainment Group is an operator of theatre circuits in the United States. As of March 31, 2017, the Company operated 7,262 screens in 559 theatres in 43 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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