Shares of Regis Corporation (NYSE:RGS) have received a consensus rating of “Hold” from the six research firms that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $18.00.

A number of research firms have recently weighed in on RGS. Zacks Investment Research downgraded Regis from a “buy” rating to a “hold” rating in a research report on Wednesday, December 6th. KeyCorp began coverage on Regis in a research report on Wednesday. They set a “hold” rating for the company. Jefferies Group boosted their target price on Regis from $17.00 to $18.00 and gave the stock a “buy” rating in a research report on Wednesday, November 1st. ValuEngine upgraded Regis from a “sell” rating to a “hold” rating in a research report on Tuesday, August 29th. Finally, BidaskClub upgraded Regis from a “hold” rating to a “buy” rating in a research report on Saturday, August 26th.

Regis (NYSE RGS) traded up $0.06 during mid-day trading on Wednesday, hitting $15.85. The stock had a trading volume of 83,901 shares, compared to its average volume of 202,094. The company has a market capitalization of $738.33, a P/E ratio of 177.89, a P/E/G ratio of 12.04 and a beta of 1.43. Regis has a 12 month low of $9.02 and a 12 month high of $16.68. The company has a current ratio of 1.94, a quick ratio of 1.48 and a debt-to-equity ratio of 0.25.

Regis (NYSE:RGS) last released its earnings results on Tuesday, October 31st. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.03). The firm had revenue of $309.87 million for the quarter, compared to the consensus estimate of $334.10 million. Regis had a positive return on equity of 0.81% and a negative net margin of 2.70%. During the same quarter in the previous year, the firm earned $0.12 EPS. analysts predict that Regis will post 0.19 EPS for the current year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. SG Americas Securities LLC bought a new stake in Regis in the third quarter valued at about $127,000. Public Employees Retirement System of Ohio increased its holdings in Regis by 13.0% in the second quarter. Public Employees Retirement System of Ohio now owns 11,742 shares of the company’s stock valued at $121,000 after purchasing an additional 1,353 shares during the last quarter. Trexquant Investment LP bought a new stake in Regis in the third quarter valued at about $213,000. Wedge Capital Management L L P NC increased its holdings in Regis by 10.3% in the second quarter. Wedge Capital Management L L P NC now owns 15,716 shares of the company’s stock valued at $161,000 after purchasing an additional 1,464 shares during the last quarter. Finally, BNP Paribas Arbitrage SA increased its holdings in Regis by 41.0% in the second quarter. BNP Paribas Arbitrage SA now owns 16,242 shares of the company’s stock valued at $167,000 after purchasing an additional 4,721 shares during the last quarter. Institutional investors and hedge funds own 95.55% of the company’s stock.

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Regis Company Profile

Regis Corporation owns, franchises and operates beauty salons. The Company operates through two segments: North American Value and North American Premium. 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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