Analyst Ratings for Regal Entertainment Group Cl A (RGC)

Updated: 2017-07-26

Shares of Regal Entertainment Group Cl A (NYSE:RGC) have received a consensus rating of Overweight from Wall Street analysts. RGC had previously received a consensus rating of Overweight a month ago.

Of the 16 analysts covering the stock, 7 gave it a buy rating, 0 issued an overweight rating, 7 issued a hold rating, 0 issued an underweight rating, and 2 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Investment analysts gave a few price targets for RGC. The most optimistic analyst gave a price target of 26, which equates to a potential upside of 28.71 percent. The minimum price target given was 17, which equates to a potential downside of -15.84 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -38.28 percent on average, compared to last month. That number becomes -47.77 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -10.55 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -12.69 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 6 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 7 analysts that revised their FY estimates downwards.

The growth rate of RGC's earnings is estimated by analysts to be -0.78 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of RGC is -22.92.

RGC has a 52-week high of 24.79 and a 52-week low of 18.85. Currently the stock is 7.16 percent higher than its low, and 18.52 percent below the high. RGC has a P/E ratio of 17.88. Investors typically compare the P/E ratio to a company's peers in the industry. The RGC value stock report compares RGC to some of its peers using value stock charts. The stock has a market capitalization of $3.12 billion. RGC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.