Technical Scrutiny: Regal Entertainment Group (RGC), Intuitive Surgical, Inc. (ISRG)

Regal Entertainment Group (NYSE:RGC); to cut down amount of noise on price chart, shares of firm has 20 days moving average price of -1.34% from last close price of 16.11 and act as support or resistance of price limit. Hartford Fincl Management Inc has invested 1.16% in Regal Entertainment Group (NYSE:RGC). The firm has a market cap of $2.50 billion, a P/E ratio of 14.86 and a beta of 0.97.

Several other equities research analysts also recently issued reports on the company. A rating of 4 or 5 would represent a Sell recommendation. Also, it has an estimated price-earnings (P/E) multiple of 21.49 and a trailing 12-month price-earnings (P/E) multiple of 22.65. Credit Suisse Group cut their target price on Regal Entertainment Group from $17.00 to $13.00 and set an underperform rating on the stock in a research note on Thursday, September 28th. At the time of writing, the First Call consensus price target for the company is $6.50.

Among 15 analysts covering Regal Entertainment Group (NYSE:RGC), 6 have Buy rating, 2 Sell and 7 Hold. Meanwhile, the average 12-month price target from Wall Street analysts is now 16.11, this means that the stock is underpriced by 0.621%.

The average Wall Street analyst rating for Regal Entertainment Group is Strong Buy, according to the average of 10 analyst scores.

Regal Entertainment Group (NYSE:RGC) last released its quarterly earnings data on Wednesday, July 26th. The Icon Advisers Inc holds 48,600 shares with $994,000 value, up from 29,100 last quarter.

Relative strength index (RSI-14) for Regal Entertainment Group (RGC) is at 47.49. The business had revenue of $764.20 million for the quarter, compared to analysts' expectations of $764.15 million. The company's revenue for the quarter was down 2.8% compared to the same quarter previous year. If you are reading this report on another publication, it was copied illegally and republished in violation of worldwide copyright and trademark laws. The correct version of this article can be viewed at https://stocknewstimes.com/2017/10/13/regal-entertainment-group-rgc-upgraded-at-zacks-investment-research.html. Shareholders of record on Tuesday, September 5th were issued a $0.22 dividend. The ex-dividend date of this dividend was Thursday, August 31st.

Regal Entertainment Group declared that its Board of Directors has approved a share buyback plan on Thursday, August 31st that authorizes the company to buyback $50.00 million in outstanding shares.

Regal Entertainment Group (NYSE:RGC) tinted gains of +0.62% (+0.1 points) to US$16.11.

When investors are considering buying a new stock, they often want to know the general Wall Street consensus on the company - by checking out the average analyst rating, for instance. A low price-to-sales ratio, typically less than 1.0, is considered a good value.

About shares traded. OFG Bancorp (OFG) has risen 14.47% since October 13, 2016 and is uptrending. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Following the acquisition, the director now owns 126,939 shares in the company, valued at $1,873,619.64. The disclosure for this purchase can be found here. RGC has diverse figures for different time frames; starting from week's performance its showing bearish trend of -5.62% in last five regular trading sessions. Insiders own 2.00% of the company's stock. It increased, as 33 investors sold RGC shares while 66 reduced holdings. It has a Return on Investment (ROI) of -7.60% and a gross margin of 51.20%. Carroll Financial Associates owns 900 shares or 0% of their USA portfolio. Raymond James Tru Na stated it has 0.16% of its portfolio in Regal Entertainment Group (NYSE:RGC). LLC now owns 434,500 shares of the company's stock valued at $8,890,000 after acquiring an additional 85,200 shares in the last quarter. Farmers National Bank now owns 81,096 shares of the company's stock valued at $135,000 after acquiring an additional 72,996 shares in the last quarter. Botty Invsts Ltd holds 27,265 shares. Public Employees Retirement System of OH now owns 58,353 shares of the company's stock valued at $1,194,000 after acquiring an additional 25,861 shares in the last quarter. This gauge is crucial in determining whether investors are moved toward the direction of buying more of the stock, or else doing the contradictory side and selling more of the stock. Moreover, Cap Fund has 0% invested in Regal Entertainment Group (NYSE:RGC). 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 Firm manages its business under theatre exhibition activities segment.

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