Analysts See $0.33 EPS for Regal Entertainment Group (RGC)

July 17, 2017 - By Winifred Garcia

 Analysts See $0.33 EPS for Regal Entertainment Group (RGC)
Investors sentiment increased to 1.84 in Q4 2016. Its up 0.77, from 1.07 in 2016Q3. It improved, as 23 investors sold Regal Entertainment Group shares while 64 reduced holdings. 61 funds opened positions while 99 raised stakes. 112.34 million shares or 10.74% more from 101.44 million shares in 2016Q3 were reported.
Hartford Fincl Management Inc holds 1.55% of its portfolio in Regal Entertainment Group (NYSE:RGC) for 126,779 shares. Assetmark holds 0% or 3,911 shares in its portfolio. Art Advsrs Lc accumulated 107,700 shares. Steinberg Asset Mngmt invested in 0.12% or 35,475 shares. Moreover, Clinton Group Inc Inc has 0.5% invested in Regal Entertainment Group (NYSE:RGC). 216,026 were accumulated by Citigroup. Paloma Prtn Management Communication invested in 0% or 22,254 shares. Federated Investors Inc Pa has 706,818 shares. Mackenzie Fincl holds 1.04 million shares. Montecito Bank Trust has invested 0.09% of its portfolio in Regal Entertainment Group (NYSE:RGC). Old Retail Bank In owns 11,937 shares for 0.01% of their portfolio. Chicago Equity Ltd Liability Corporation stated it has 37,010 shares or 0.02% of all its holdings. Geode Lc stated it has 727,885 shares. Ridgeworth Capital Mgmt Ltd Liability Corporation accumulated 1.66 million shares or 0.29% of the stock. Hamlin Cap Mgmt Lc reported 2.99 million shares stake.

Since March 9, 2017, it had 0 insider buys, and 2 selling transactions for $1.03 million activity. 20,233 shares valued at $455,243 were sold by BRANDOW PETER B on Thursday, March 9. DUNN GREGORY W sold $577,008 worth of stock.

Analysts expect Regal Entertainment Group (NYSE:RGC) to report $0.33 EPS on July, 25.They anticipate $0.10 EPS change or 43.48 % from last quarter’s $0.23 EPS. RGC’s profit would be $51.94M giving it 14.44 P/E if the $0.33 EPS is correct. After having $0.32 EPS previously, Regal Entertainment Group’s analysts see 3.13 % EPS growth. About 1.04 million shares traded. Regal Entertainment Group (NYSE:RGC) has declined 1.35% since July 17, 2016 and is downtrending. It has underperformed by 18.05% the S&P500.

Regal Entertainment Group (NYSE:RGC) Ratings Coverage

Among 14 analysts covering Regal Entertainment Group (NYSE:RGC), 5 have Buy rating, 3 Sell and 6 Hold. Therefore 36% are positive. Regal Entertainment Group had 37 analyst reports since July 31, 2015 according to SRatingsIntel. The stock of Regal Entertainment Group (NYSE:RGC) has “Buy” rating given on Monday, September 28 by B. Riley & Co. Credit Suisse reinitiated the stock with “Neutral” rating in Monday, June 13 report. Credit Suisse maintained Regal Entertainment Group (NYSE:RGC) rating on Tuesday, March 15. Credit Suisse has “Neutral” rating and $20 target. JBL Advisors downgraded Regal Entertainment Group (NYSE:RGC) on Tuesday, February 23 to “Market Perform” rating. FBR Capital maintained the stock with “Mkt Perform” rating in Thursday, April 27 report. The rating was upgraded by RBC Capital Markets to “Outperform” on Wednesday, June 15. The company was downgraded on Wednesday, February 1 by Credit Suisse. The rating was maintained by FBR Capital with “Hold” on Wednesday, August 26. The rating was maintained by Topeka Capital Markets with “Hold” on Friday, January 29. The stock has “Hold” rating by Loop Capital on Wednesday, August 24.

Regal Entertainment Group is an operator of theatre circuits in the United States. The company has market cap of $3.00 billion. 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. It has a 17.49 P/E ratio. The Firm manages its business under theatre exhibition activities segment.

More news for Regal Entertainment Group (NYSE:RGC) were recently published by: Marketwatch.com, which released: “Regal Entertainment Q2 estimates cut at B. Riley due to weak domestic box office” on July 13, 2017. Prnewswire.com‘s article titled: “Regal Welcomes Steven Soderbergh’s LOGAN LUCKY and Channing Tatum to Knoxville” and published on July 13, 2017 is yet another important article.

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