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 highest price target was 26, which equates to a potential upside of 28.71 percent. The minimum price target given was 17, implying a possible loss of -15.84 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -38.28 percent. That number becomes -47.77 percent if we expand the time horizon to include the past 3 months instead of just one. 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, while 6 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 7 analysts decreased their estimates.
Analysts estimate earnings of RGC to grow at a rate of -0.78 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, 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.
In the last 52-weeks, RGC has achieved a high of 24.79 and a low of 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 market cap of RGC is $3.12 billion. RGC's next earnings release will be on 0000-00-00, which is days away.