Regis Co. (NYSE:RGS) – Research analysts at Jefferies Financial Group dropped their Q4 2019 earnings estimates for Regis in a report issued on Monday, June 24th, according to Zacks Investment Research. Jefferies Financial Group analyst S. Wissink now expects that the company will post earnings per share of $0.10 for the quarter, down from their prior forecast of $0.16. Jefferies Financial Group also issued estimates for Regis’ Q1 2020 earnings at $0.21 EPS and Q3 2020 earnings at $0.07 EPS.
Regis (NYSE:RGS) last announced its quarterly earnings data on Tuesday, April 30th. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.08 by $0.29. The company had revenue of $258.34 million for the quarter, compared to the consensus estimate of $276.60 million. Regis had a negative net margin of 0.36% and a positive return on equity of 10.20%.
Shares of RGS traded down $0.16 on Wednesday, reaching $17.99. The company’s stock had a trading volume of 268,724 shares, compared to its average volume of 276,874. Regis has a 12-month low of $15.06 and a 12-month high of $22.40. The stock has a market capitalization of $720.07 million, a PE ratio of 30.49, a P/E/G ratio of 4.52 and a beta of 1.05. The company’s 50 day moving average price is $18.00. The company has a quick ratio of 0.98, a current ratio of 1.62 and a debt-to-equity ratio of 0.29.
A number of institutional investors have recently added to or reduced their stakes in the business. Texas Permanent School Fund raised its stake in shares of Regis by 4.4% during the 4th quarter. Texas Permanent School Fund now owns 21,756 shares of the company’s stock worth $369,000 after buying an additional 911 shares during the period. United Services Automobile Association raised its stake in shares of Regis by 14.3% during the 4th quarter. United Services Automobile Association now owns 11,341 shares of the company’s stock worth $192,000 after buying an additional 1,417 shares during the period. Meeder Asset Management Inc. acquired a new position in shares of Regis during the 1st quarter worth approximately $36,000. Principal Financial Group Inc. raised its stake in shares of Regis by 0.9% during the 4th quarter. Principal Financial Group Inc. now owns 269,912 shares of the company’s stock worth $4,575,000 after buying an additional 2,411 shares during the period. Finally, Great West Life Assurance Co. Can raised its stake in shares of Regis by 5.5% during the 4th quarter. Great West Life Assurance Co. Can now owns 46,403 shares of the company’s stock worth $725,000 after buying an additional 2,437 shares during the period. Institutional investors and hedge funds own 99.05% of the company’s stock.
Regis Company Profile
Regis Corporation owns, operates, and franchises hairstyling and hair care salons. The company operates through two operating segments, Company-owned salons and Franchise salons. Its salons operate primarily under the trade names of SmartStyle, Supercuts, MasterCuts, Regis Salons, and Cost Cutters; and serve value and premium categories of services.
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