Regis (RGS) Stock Rating Upgraded by TheStreet
Other 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 $20.00 target price for the company in a research report on Thursday, July 26th. ValuEngine raised Regis from a hold rating to a buy rating in a research report on Wednesday, May 2nd. One analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of $19.00.
Shares of NYSE:RGS opened at $21.40 on Tuesday. The firm has a market cap of $949.75 million, a P/E ratio of 36.36, a P/E/G ratio of 4.97 and a beta of 1.36. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.87 and a quick ratio of 1.21. Regis has a 12-month low of $12.10 and a 12-month high of $22.40.
Large investors have recently made changes to their positions in the stock. Principal Financial Group Inc. raised its position in Regis by 2.7% during the 1st quarter. Principal Financial Group Inc. now owns 268,437 shares of the company’s stock worth $4,061,000 after purchasing an additional 7,007 shares during the last quarter. LPL Financial LLC grew its holdings in Regis by 8.2% during the 1st quarter. LPL Financial LLC now owns 66,091 shares of the company’s stock worth $1,000,000 after acquiring an additional 5,031 shares during the period. KBC Group NV grew its holdings in Regis by 76.7% during the 1st quarter. KBC Group NV now owns 43,117 shares of the company’s stock worth $652,000 after acquiring an additional 18,710 shares during the period. MetLife Investment Advisors LLC acquired a new stake in Regis during the 4th quarter worth about $279,000. Finally, Hodges Capital Management Inc. grew its holdings in Regis by 7.1% during the 2nd quarter. Hodges Capital Management Inc. now owns 120,200 shares of the company’s stock worth $1,988,000 after acquiring an additional 8,000 shares during the period. 97.56% of the stock is owned by institutional investors and hedge funds.
Regis Corporation owns, operates, and franchises hairstyling and hair care salons. The company operates through four segments: North American Value, North American Franchise, North American Premium, and International. Its salons offer haircutting and styling, including shampooing and conditioning; custom styling, cutting, and hair coloring, as well as professional hair care products; and other services.
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