Regis Corporation (NYSE:RGS) – Analysts at Jefferies Group increased their Q2 2018 EPS estimates for Regis Corporation in a note issued to investors on Monday. Jefferies Group analyst S. Wissink now anticipates that the company will post earnings per share of $0.09 for the quarter, up from their prior estimate of $0.02. Jefferies Group currently has a “Buy” rating and a $17.00 target price on the stock. Jefferies Group also issued estimates for Regis Corporation’s Q3 2018 earnings at ($0.09) EPS, FY2018 earnings at $0.25 EPS, Q2 2019 earnings at $0.16 EPS, Q3 2019 earnings at ($0.03) EPS and FY2019 earnings at $0.49 EPS.
RGS has been the topic of a number of other reports. ValuEngine upgraded shares of Regis Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, August 29th. BidaskClub upgraded shares of Regis Corporation from a “hold” rating to a “buy” rating in a research note on Saturday, August 26th.
Shares of Regis Corporation (NYSE RGS) traded up 0.48% during mid-day trading on Thursday, reaching $14.74. 28,098 shares of the company’s stock traded hands. Regis Corporation has a 12-month low of $9.02 and a 12-month high of $15.61. The firm’s market capitalization is $683.92 million. The stock has a 50-day moving average price of $13.66 and a 200 day moving average price of $11.19.
Regis Corporation (NYSE:RGS) last issued its quarterly earnings data on Wednesday, August 23rd. The company reported $0.20 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.12. Regis Corporation had a negative net margin of 0.95% and a positive return on equity of 0.70%. The business had revenue of $424.20 million during the quarter.
Several institutional investors and hedge funds have recently made changes to their positions in RGS. Cramer Rosenthal Mcglynn LLC lifted its position in shares of Regis Corporation by 15.1% in the 2nd quarter. Cramer Rosenthal Mcglynn LLC now owns 3,578,452 shares of the company’s stock worth $36,751,000 after purchasing an additional 469,955 shares during the period. Northern Trust Corp lifted its position in shares of Regis Corporation by 84.5% in the 2nd quarter. Northern Trust Corp now owns 876,077 shares of the company’s stock worth $8,998,000 after purchasing an additional 401,194 shares during the period. Boston Partners purchased a new stake in shares of Regis Corporation in the 2nd quarter worth approximately $2,356,000. Citadel Advisors LLC lifted its position in shares of Regis Corporation by 230.4% in the 2nd quarter. Citadel Advisors LLC now owns 307,170 shares of the company’s stock worth $3,154,000 after purchasing an additional 214,203 shares during the period. Finally, Vanguard Group Inc. lifted its position in shares of Regis Corporation by 7.0% in the 1st quarter. Vanguard Group Inc. now owns 3,250,563 shares of the company’s stock worth $38,097,000 after purchasing an additional 211,913 shares during the period. 95.35% of the stock is owned by hedge funds and other institutional investors.
Regis Corporation Company Profile
Regis Corporation owns, franchises and operates beauty salons. The Company operates through three segments: North American Value, North American Premium and International. As of June 30, 2016, the Company’s North American Value salon operations consisted of 5,784 Company-owned salons and 2,496 franchised salons operating in the United States, Canada and Puerto Rico.
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