Regal Entertainment Group (NYSE:RGC) Receives Daily Media Sentiment Score of 0.35
News headlines about Regal Entertainment Group (NYSE:RGC) have been trending positive recently, Accern reports. The research firm rates the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Regal Entertainment Group earned a coverage optimism score of 0.35 on Accern’s scale. Accern also gave news stories about the company an impact score of 72 out of 100, indicating that recent press coverage is likely to have an impact on the stock’s share price in the next several days.
Here are some of the news stories that may have impacted Accern’s rankings:
- Comparing Regal Entertainment Group (RGC) and AMC Entertainment Holdings (AMC) (americanbankingnews.com)
- Trade of the Day: Regal Entertainment Group (RGC) (investorplace.com)
- Regal Entertainment Group Expected to Earn Q3 2017 Earnings of $0.14 Per Share (RGC) (americanbankingnews.com)
- Regal Entertainment Group’s (RGC) Outperform Rating Reaffirmed at Wedbush (campdesrecrues.com)
- Regal Entertainment Group (RGC) Reaches New 52-Week Low at $18.22 (wisdomsave.com)
Regal Entertainment Group (NYSE:RGC) traded up 1.78% during trading on Friday, hitting $18.91. 1,913,376 shares of the company traded hands. The firm has a market capitalization of $2.97 billion, a P/E ratio of 17.54 and a beta of 0.92. The stock has a 50-day moving average price of $19.99 and a 200-day moving average price of $21.29. Regal Entertainment Group has a 12-month low of $18.60 and a 12-month high of $24.79.
Regal Entertainment Group (NYSE:RGC) last announced its quarterly earnings results on Wednesday, July 26th. The company reported $0.16 EPS for the quarter, missing the Zacks’ consensus estimate of $0.18 by $0.02. The business had revenue of $764.20 million for the quarter, compared to the consensus estimate of $764.15 million. Regal Entertainment Group had a net margin of 5.24% and a negative return on equity of 20.38%. The business’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.23 EPS. Equities analysts expect that Regal Entertainment Group will post $1.05 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Tuesday, September 5th will be issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 4.65%. The ex-dividend date is Thursday, August 31st. Regal Entertainment Group’s dividend payout ratio is 82.24%.
Several brokerages have commented on RGC. Royal Bank Of Canada raised their target price on shares of Regal Entertainment Group from $23.00 to $25.00 and gave the stock a “sector perform” rating in a report on Thursday, April 27th. FBR & Co raised their target price on shares of Regal Entertainment Group from $23.00 to $25.00 and gave the stock a “mkt perform” rating in a report on Thursday, April 27th. MKM Partners restated a “neutral” rating and set a $24.00 target price (up from $23.00) on shares of Regal Entertainment Group in a report on Wednesday, April 26th. Wedbush restated a “buy” rating and set a $26.00 target price on shares of Regal Entertainment Group in a report on Friday, April 21st. Finally, Zacks Investment Research downgraded shares of Regal Entertainment Group from a “buy” rating to a “hold” rating in a report on Friday, April 21st. Five analysts have rated the stock with a sell rating, three have given a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $24.57.
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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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