Regis Corp. (RGS) Trading 2.5% Higher
Regis Corp. (NYSE:RGS) traded up 2.5% during trading on Thursday . The company traded as high as $12.94 and last traded at $12.89, with a volume of 51,706 shares. The stock had previously closed at $12.57.
Separately, Piper Jaffray Cos. cut Regis Corp. from a “neutral” rating to an “underweight” rating in a research report on Thursday, May 19th.
The firm’s market capitalization is $602.56 million. The company’s 50 day moving average price is $13.30 and its 200-day moving average price is $13.81.
Regis Corp. (NYSE:RGS) last issued its earnings results on Tuesday, August 23rd. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.13. During the same period last year, the company posted $0.01 earnings per share. The business had revenue of $47.70 million for the quarter, compared to analysts’ expectations of $456.17 million. The business’s quarterly revenue was down 3.3% on a year-over-year basis. On average, equities analysts anticipate that Regis Corp. will post $0.08 EPS for the current fiscal year.
Regis Corporation owns, franchises and operates beauty salons. The Company operates in three segments: North American Value, North American Premium and International. As of June 30, 2015, the Company owned, franchised or held ownership interests in 9,556 locations around the world. The Company’s locations consist of around 9,300 company-owned and franchised salons and around 200 locations in which it maintains a non-controlling ownership interest.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.