TheStreet upgraded shares of Regis (NYSE:RGS) from a c+ rating to a b rating in a research report report published on Tuesday.

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.

Regis (NYSE:RGS) last announced its earnings results on Tuesday, August 21st. The company reported $0.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.07. The business had revenue of $294.89 million during the quarter, compared to analyst estimates of $315.10 million. Regis had a return on equity of 5.50% and a net margin of 0.72%. During the same period last year, the company earned $0.03 EPS. analysts expect that Regis will post 0.46 earnings per share for the current fiscal year.

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.

About Regis

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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