A company with a high P/E ratio usually indicated positive future performance and investors are willing to pay more for this company's shares.
Analysts await Regal Entertainment Group (NYSE:RGC) to report earnings on February, 8. Next year this growth will reach 10.65% to attain $3.43. The Price Range of Regal Entertainment Group (NYSE:RGC) over the past 52 weeks is 0.742.
Snapchat launches redesigned app that separates friends from brands
Snapchat has made it really convenient and easy for users to add other people as their contacts by just scanning the account code. Instead, rival services have managed to copy Snapchat's most popular features and make them available to a broader audience.
Vue's owners, Canadian pension funds Omers and Aimco, are understood to be planning to either sell Vue to a trade buyer or float the business on the stock exchange. James Investment Research Inc. acquired a new position in Regal Entertainment Group in the 2nd quarter valued at about $224,000. The ERP5 of Regal Entertainment Group (NYSE:RGC) is 8821. This ratio is calculated by dividing the current share price by the book value per share. If the ratio is greater than 1, then that means there has been an increase in price over the month. The company's 50 day moving average price is $21.70 and its 200 day moving average price is $21.98. If the published price targets set by Regal Entertainment Group analysts have any power to influence the stock's share price, the highest price target set for RGC is $24.75. Cornerstone Capital Management Hldgs Ltd has invested 0.05% of its portfolio in Regal Entertainment Group (NYSE:RGC).
For the ongoing Fiscal Quarter, 14 analysts have an average earnings forecast of $0.41 per share. Regal Entertainment Group had a negative return on equity of 16.36% and a net margin of 4.41%. The firm had revenue of $821.20 million during the quarter, compared to the consensus estimate of $808.18 million. They expect this year's earnings to fall -14.41% year-over-year to $0.95, followed by 11.58% growth in the next year to $1.06. During the key period of last 5 years, Regal Entertainment Group (NYSE:RGC) sales have annually surged 3.60% on average, however its earnings per share growth remained at 31.70%. Stockholders of record on Monday, December 4th will be given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 4.27%. The company has a payout ratio of 100.10%.
England all-rounder Ben Stokes headed for New Zealand, not Ashes
Canterbury coach Gary Stead said Stokes' possible involvement or not in the Ashes "hasn't been discussed whatsoever". They would probably give Stokes 24 hours to recover from his flight before trying to contact him, Curwin said.
A deal between the two would put the combined company in a better position to take market share from USA industry leader AMC Entertainment Holdings, and also give it more scale to fight increasing competition from Netflix, Apple, and other digital outlets. Cineworld has a market value of £1.9 billion ($2.5 billion). If Cineworld can continue to chalk up mid-teens earnings growth, earnings per share could hit around 50p by 2020, giving a forward (2020) P/E of 12. The firm will look to it's next scheduled report date to try to improve on these numbers.
In other Regal Entertainment Group news, EVP Peter B. Brandow sold 20,233 shares of the business's stock in a transaction on Thursday, March 9th. Royal Bank Of Canada raised Regal Entertainment Group from a "sector perform" rating to an "outperform" rating and upped their target price for the stock from $19.00 to $20.00 in a research report on Thursday, October 26th. The stock of Regal Entertainment Group (NYSE:RGC) has "Hold" rating given on Wednesday, August 26 by FBR Capital. Three months ago, analysts assigned RGC a 3.89 rating, which implies that analysts have become more optimistic about the outlook for the stock over the next year. Co.'s holdings in Regal Entertainment Group were worth $657,000 as of its most recent SEC filing. If you are accessing this story on another site, it was illegally copied and republished in violation of global copyright law. Topeka Capital Markets maintained Regal Entertainment Group (NYSE:RGC) on Friday, January 29 with "Hold" rating.
Miss South Africa beats out stiff competition to become Miss Universe 2017
The People's National Party (PNP) congratulated Miss Jamaica Universe Davina Bennett on her achievement on the global stage. The fourth and fifth spot were rounded out by Thailand's Maria Poonlertlarp and Venezuela's Keysi Sayago respectively.