Regal Entertainment Group (NYSE:RGC) appreciated by 1.25% at $15.43, after hitting low of $15.27 in an intra-day trade. Regal Entertainment Group has 159.06 million shares outstanding, and in the last trade has seen ATR around 0.63. The volume of RGC witnessed a shift from 2.07 million shares, based on a 50-day average, to 2.98 million shares.
In the most updated research from a number of analysts on Wall Street, the company gets 8 Buys and 3 Sell among 15 analysts. Regal Entertainment Group (NYSE:RGC) recently traded as high as $15.78. The consensus analyst target price is $21.38. That gives us a street projected return of 38.56%. 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 $26.
Regal Entertainment Group most recently reported earnings per share (EPS) of $0.16 for the June 2017 versus $0.23 in the same quarter last year, representing -30% growth. Analysts had predicted $0.18. Revenue during the quarter was $764.2 million, representing -3% growth from $785.9 million in year-ago quarter. The company’s quarterly EPS surprised Wall Street by as much as -11% to the downside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.
On a similar note, analysts expect EPS of $0.13 in September 2017 quarter and $0.42 in December 2017 quarter, representing -55.17% and 27.27% growth, respectively. They expect this year’s earnings to fall -7.21% year-over-year to $1.03, followed by 15.53% growth in the next year to $1.19.
Shares of Ares Capital Corporation (NASDAQ:ARCC) traded up 0.12% in the last session while performance was up 16.04% in the last five days. The stock’s last price was lower from the average trading price of 50 days recorded at $16.26 while enlarging the period to 200 trading days, the average price was $16.75. Currently, 428.17 million total shares are owned by the public and among those 424.45 million shares have been available to trade. The percentage of shares being held by the company management was 0% while institutional stake was 46.7%.
Ares Capital Corporation (ARCC) is recuperating from the fall at $15.01, the 52-week low. The stock has risen 6.86% since then. The trading saw a strength at $17.87 , the 52-week high. But since then, those gains have faded by -10.24%. ARCC has lost -0.12% in the 1-month period.
Regal Entertainment Group has a beta of 0.66, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $1.29 a share in the trailing twelve months. It last reported revenues of $284 million and EPS of $0.34 for the June 2017, representing 16% top-line growth and 0.39 EPS growth.
Looking forward, the company’s quarterly earnings are expected to come at $0.35 in the three months through September 2017 and $0.38 in the quarter ending December 2017, reflecting -18.6% and -9.52% growth, respectively. For the full year, analysts expect earnings to decline -14.91% yoy to $1.37. Next year this growth will reach 18.25% to attain $1.62.