Notable Stock Analysts Ratings Regal Entertainment Group (RGC)

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Regal

They noted that the move was a valuation call.

Britain's Cineworld Group Plc sealed an agreement to buy larger US peer Regal Entertainment Group on Tuesday for $3.6 billion in cash, a deal that would create the world's second largest movie theatre operator. State Board of Administration of Florida Retirement System owned about 0.10% of Regal Entertainment Group worth $3,354,000 at the end of the most recent quarter. Morgan Stanley upgraded shares of Regal Entertainment Group from an underweight rating to an equal weight rating and set a $17.00 price objective for the company in a report on Thursday, October 5th.

Cineworld shares were down 2.5 percent, while Regal shares were up 6.1 percent in pre-market trading.

CNX Resources Corporation is maintained at an average hold rating by 9 stock analysts, and there are at least 3.05% of shares outstanding that are now legally short sold.

Session activity on Regal Entertainment Group (NYSE:RGC) stock is placing it on today's most active list. The percentage of shares being held by the company management was 10.7% while institutional stake was 70.6%. Regal Entertainment Group has a twelve month low of $13.90 and a twelve month high of $23.56. The company has a debt-to-equity ratio of -2.84, a quick ratio of 0.78 and a current ratio of 0.84. The stock has a market capitalization of $3,250.00, a PE ratio of 23.30, a P/E/G ratio of 2.15 and a beta of 1.14. Regal Entertainment Group had a net margin of 4.41% and a negative return on equity of 16.36%. Revenue, on the other hand, scored -27.69% growth from the previous quarter, coming up with $626.15 million.

CNX Resources Corporation (CNX) remained unsuccessful in beating the consensus-estimated $0.02 as it actually earned -$0.15 per share in its last reported financial results. The shares went up by 9.94% in value last month. This represents a $0.88 annualized dividend and a dividend yield of 4.29%. The ex-dividend date is Thursday, June 1st. Regal Entertainment Group's dividend payout ratio (DPR) is presently 101.15%. Shares repurchase programs are generally a sign that the company's board believes its shares are undervalued.

Hedge funds have recently modified their holdings of the stock. BlackRock Advisors LLC increased its stake in shares of Regal Entertainment Group by 9.9% in the third quarter. The stock's last price was higher from the average trading price of 50 days recorded at $63.95 while enlarging the period to 200 trading days, the average price was $59.89. Edge Advisors LLC grew its stake in Regal Entertainment Group by 15.3% in the third quarter.

Cineworld, Britain's biggest cinema operator, would pay $23 a share for Regal, which runs 561 theater locations, including five in the Baltimore region.

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