Regis Co. (NYSE:RGS) – Investment analysts at KeyCorp reduced their Q3 2018 earnings per share estimates for shares of Regis in a note issued to investors on Monday. KeyCorp analyst J. Gere now anticipates that the company will post earnings of $0.02 per share for the quarter, down from their prior estimate of $0.03. KeyCorp has a “Sector Weight” rating on the stock. KeyCorp also issued estimates for Regis’ Q4 2018 earnings at $0.11 EPS, FY2018 earnings at $0.26 EPS, Q1 2019 earnings at $0.18 EPS, Q2 2019 earnings at $0.06 EPS, Q3 2019 earnings at $0.09 EPS, Q4 2019 earnings at $0.20 EPS, FY2019 earnings at $0.53 EPS and FY2020 earnings at $0.69 EPS.

Other equities research analysts have also issued reports about the company. Zacks Investment Research raised Regis from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research note on Wednesday, November 15th. Jefferies Group raised their price target on Regis from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Wednesday, November 1st. Two analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $17.00.

Regis (NYSE:RGS) traded down $0.54 during trading hours on Wednesday, hitting $15.55. The stock had a trading volume of 146,200 shares, compared to its average volume of 107,900. Regis has a 1-year low of $9.02 and a 1-year high of $16.68. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.94 and a quick ratio of 1.48. The company has a market cap of $724.35, a price-to-earnings ratio of -81.84, a price-to-earnings-growth ratio of 9.68 and a beta of 1.44.

Regis (NYSE:RGS) last posted its quarterly earnings data on Tuesday, October 31st. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.03). The company had revenue of $309.87 million during the quarter, compared to the consensus estimate of $334.10 million. Regis had a negative net margin of 2.70% and a positive return on equity of 0.81%. During the same period in the previous year, the business earned $0.12 earnings per share.

Hedge funds and other institutional investors have recently modified their holdings of the business. SG Americas Securities LLC bought a new stake in Regis during the 3rd quarter valued at $127,000. Public Employees Retirement System of Ohio raised its position in Regis by 13.0% during the 2nd 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 in the last quarter. Trexquant Investment LP bought a new stake in Regis during the 3rd quarter valued at $213,000. BNP Paribas Arbitrage SA raised its position in Regis by 41.0% during the 2nd 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 in the last quarter. Finally, Aperio Group LLC raised its position in Regis by 22.1% during the 3rd quarter. Aperio Group LLC now owns 20,709 shares of the company’s stock valued at $296,000 after purchasing an additional 3,755 shares in the last quarter. 95.55% of the stock is owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY NOTICE: This piece was posted by Watch List News and is owned by of Watch List News. If you are reading this piece on another site, it was stolen and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this piece can be read at https://www.watchlistnews.com/q3-2018-eps-estimates-for-regis-co-cut-by-analyst-rgs/1801349.html.

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.

Earnings History and Estimates for Regis (NYSE:RGS)

Receive News & Ratings for Regis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regis and related companies with MarketBeat.com's FREE daily email newsletter.