Jefferies Group LLC reaffirmed their buy rating on shares of Regis Corporation (NYSE:RGS) in a research report report published on Tuesday morning. They currently have a $17.00 price objective on the stock, up from their prior price objective of $15.00. Jefferies Group also issued estimates for Regis Corporation’s Q1 2018 earnings at $0.13 EPS, Q2 2018 earnings at $0.09 EPS, Q3 2018 earnings at ($0.09) EPS, FY2018 earnings at $0.25 EPS, Q1 2019 earnings at $0.18 EPS, Q2 2019 earnings at $0.16 EPS, Q3 2019 earnings at ($0.03) EPS, Q4 2019 earnings at $0.19 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 report on Tuesday, August 29th. BidaskClub upgraded shares of Regis Corporation from a hold rating to a buy rating in a research report on Saturday, August 26th.

Regis Corporation (RGS) traded up 0.82% during mid-day trading on Tuesday, hitting $14.79. 27,676 shares of the company were exchanged. The stock’s market cap is $686.24 million. The company has a 50 day moving average of $13.66 and a 200 day moving average of $11.19. Regis Corporation has a 12-month low of $9.02 and a 12-month high of $15.61.

Regis Corporation (NYSE:RGS) last announced its quarterly earnings results on Wednesday, August 23rd. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.12. The business had revenue of $424.20 million for the quarter. Regis Corporation had a negative net margin of 0.95% and a positive return on equity of 0.70%. On average, equities research analysts expect that Regis Corporation will post $0.13 earnings per share for the current fiscal year.

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Several large investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio raised its position in shares of Regis Corporation by 13.0% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 11,742 shares of the company’s stock valued at $121,000 after acquiring an additional 1,353 shares during the period. The Manufacturers Life Insurance Company raised its position in shares of Regis Corporation by 0.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 30,110 shares of the company’s stock valued at $309,000 after acquiring an additional 163 shares during the period. Arrowstreet Capital Limited Partnership raised its position in shares of Regis Corporation by 9.2% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 447,977 shares of the company’s stock valued at $4,601,000 after acquiring an additional 37,909 shares during the period. State Street Corp raised its position in shares of Regis Corporation by 2.6% in the 2nd quarter. State Street Corp now owns 909,613 shares of the company’s stock valued at $9,340,000 after acquiring an additional 23,241 shares during the period. Finally, Cornerstone Capital Management Holdings LLC. raised its position in shares of Regis Corporation by 44.9% in the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 311,965 shares of the company’s stock valued at $3,203,000 after acquiring an additional 96,700 shares during the period. Institutional investors and hedge funds own 95.35% of the company’s stock.

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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