Regis Corporation (NYSE:RGS) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.

Brokers have set a 1-year consensus price objective of $18.00 for the company, according to Zacks. Zacks has also assigned Regis Corporation an industry rank of 199 out of 265 based on the ratings given to related companies.

Several brokerages recently commented on RGS. ValuEngine upgraded Regis Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 29th. BidaskClub upgraded Regis Corporation from a “hold” rating to a “buy” rating in a report on Saturday, August 26th. Zacks Investment Research upgraded Regis Corporation from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a report on Wednesday. Finally, Jefferies Group LLC assumed coverage on Regis Corporation in a report on Wednesday, September 13th. They set a “buy” rating and a $15.00 price objective on the stock.

A number of hedge funds have recently bought and sold shares of the business. California Public Employees Retirement System increased its holdings in Regis Corporation by 5.9% during the 3rd quarter. California Public Employees Retirement System now owns 217,872 shares of the company’s stock worth $3,109,000 after purchasing an additional 12,089 shares during the last quarter. Oaktree Capital Management LP purchased a new stake in Regis Corporation during the 3rd quarter worth approximately $4,593,000. OxFORD Asset Management LLP purchased a new stake in Regis Corporation during the 3rd quarter worth approximately $1,146,000. Wells Fargo & Company MN increased its holdings in Regis Corporation by 17.1% during the 3rd quarter. Wells Fargo & Company MN now owns 96,428 shares of the company’s stock worth $1,376,000 after purchasing an additional 14,072 shares during the last quarter. Finally, Trexquant Investment LP purchased a new stake in Regis Corporation during the 3rd quarter worth approximately $213,000. Institutional investors own 95.09% of the company’s stock.

Shares of Regis Corporation (NYSE RGS) traded up $0.87 during trading hours on Thursday, hitting $15.77. The company had a trading volume of 197,303 shares, compared to its average volume of 207,182. The stock has a market cap of $734.60, a P/E ratio of 162.00, a P/E/G ratio of 10.96 and a beta of 1.42. 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 Corporation has a 1-year low of $9.02 and a 1-year high of $15.81.

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

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Regis Corporation 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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