Regal Shares Surge After Report of Merger Negotiations

Regal Shares Surge After Report of Merger Negotiations

The Leverage Ratio of Regal Entertainment Group (NYSE:RGC) is 0.953435. Hedge funds and other institutional investors own 81.65% of the company's stock.

Several other brokerages have also recently weighed in on RGC.

In the most updated research from a number of analysts on Wall Street, the company gets 9 Buys and 1 Sell among 14 analysts. Loop Capital restated a hold rating and set a $22.00 target price on shares of Regal Entertainment Group in a report on Tuesday, February 7th. It operates 2,049 screens across 221 sites in Britain, Ireland, Poland, the Czech Republic, Slovakia, Hungary, Bulgaria, Romania and Israel. At present, 0 analysts call it Sell, while 4 think it is Hold. MKM Partners reissued a "buy" rating and issued a $20.00 price objective on shares of Regal Entertainment Group in a research report on Monday, September 18th.

In related news, Director Thomas D. Bell, Jr. bought 25,000 shares of the stock in a transaction dated Tuesday, August 29th.

The Price to Book ratio (Current share price / Book value per share) is a good valuation measure you can use to find undervalued investment ideas. Following the completion of the transaction, the director now directly owns 126,939 shares in the company, valued at approximately $1,873,619.64. The purchase was disclosed in a document filed with the SEC, which is available through this link. With this ratio, investors can better estimate how well a company will be able to pay their long and short term financial obligations.

Cineworld Group Plc CINE.L , a British operator of movie theatres, is in talks with US peer Regal Entertainment Group RGC.N about a potential merger, people familiar with the matter said on Tuesday. The company has a market capitalization of $2,727.35, a PE ratio of 19.74, a price-to-earnings-growth ratio of 1.83 and a beta of 1.05. Regal Entertainment Group has a 1 year low of $13.90 and a 1 year high of $23.88. Similarly, this stock's Cash/Share ratio now stands at 1.21, while the industry's as a whole is 2.08. 14 analysts on average projected earnings of $0.41 per share for the current quarter. Revenue dropped 12% to $716 million, which the company blamed on the unimpressive slate of movies. Return on Equity (ROE) stands at -16.4% and Return on Investment (ROI) of 15.2 percent. Over the past month the firm's stock is 9.87%, 21.10% for the last quarter, -11.32% for the past six-months and -23.13% for the previous year.

Regal Entertainment Group (NYSE:RGC) has shown an EPS growth of 31.70% in the last 5 years and sales growth of 3.60% for the same year while for the next 5 years; the EPS growth estimates 10.00%.Along with this Sales growth yoy (quarter over quarter) was considered as -11.80%.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Monday, December 4th will be issued a $0.22 dividend. The ex-dividend date is Thursday, June 1st. This represents a $0.88 annualized dividend and a dividend yield of 4.82%. Regal Entertainment Group's payout ratio is 101.15%. The market cap for Regal ran to $3 billion on Tuesday, eclipsing the $2.5 billion market cap for Cineworld. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued. Royal Bank of Canada grew its position in Regal Entertainment Group by 17.2% in the 2nd quarter. If you are reading this piece of content on another website, it was stolen and reposted in violation of US & worldwide trademark & copyright legislation. As of December 31, 2016, the Company operated 7,267 screens in 561 theatres in 42 states along with Guam, Saipan, American Samoa and the District of Columbia.

If there is a huge discrepancy between a company's profit margin (particularly its gross margin) and its operating margin, it suggests that the company is more efficient in creating and selling its products, but perhaps less efficient in managing training, administration, research or other day-to-day business costs.

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