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.

Many analysts weighed in on price targets for RGC. The maximum price target given was 26, implying potential capital gains of 28.71 percent. The most pessimistic price target 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -47.77 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -10.55 percent. If we look at the last 90 days instead, we find a net average change of -12.69 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 6 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY 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. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, though it could be better to see where the ratio stands relative to peers in the industry. RGC has a PEG ratio of -22.92.

In the trailing 52-weeks, RGC hit 24.79 at the highest peak, while it's lowest trading point was 18.85. Currently the stock is 7.16 percent higher than its low, and below the high by 18.52 percent. RGC has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.