Regis (NYSE:RGS) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Thursday.

Several other research firms have also recently commented on RGS. Zacks Investment Research raised Regis from a “hold” rating to a “buy” rating and set a $22.00 price target for the company in a report on Saturday, October 27th. TheStreet cut Regis from a “b” rating to a “c+” rating in a report on Tuesday, October 30th.

Regis stock opened at $17.91 on Thursday. Regis has a twelve month low of $14.31 and a twelve month high of $22.40. The company has a quick ratio of 1.26, a current ratio of 1.88 and a debt-to-equity ratio of 0.19. The company has a market cap of $789.93 million, a price-to-earnings ratio of 30.36, a P/E/G ratio of 2.61 and a beta of 1.62.

Regis (NYSE:RGS) last posted its quarterly earnings results on Tuesday, October 30th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.22). The business had revenue of $287.84 million during the quarter, compared to analyst estimates of $288.10 million. Regis had a net margin of 2.60% and a return on equity of 6.86%. As a group, research analysts forecast that Regis will post 0.76 EPS for the current year.

In other news, COO Jim Brian Lain sold 9,320 shares of the firm’s stock in a transaction that occurred on Tuesday, November 13th. The stock was sold at an average price of $17.88, for a total value of $166,641.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 25.10% of the stock is owned by company insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Allianz Asset Management GmbH raised its holdings in Regis by 17.3% during the third quarter. Allianz Asset Management GmbH now owns 19,249 shares of the company’s stock worth $393,000 after purchasing an additional 2,844 shares during the last quarter. Wells Fargo & Company MN raised its holdings in Regis by 2.8% during the third quarter. Wells Fargo & Company MN now owns 110,937 shares of the company’s stock worth $2,266,000 after purchasing an additional 3,014 shares during the last quarter. GSA Capital Partners LLP raised its holdings in Regis by 11.3% during the third quarter. GSA Capital Partners LLP now owns 36,084 shares of the company’s stock worth $737,000 after purchasing an additional 3,661 shares during the last quarter. Northern Trust Corp raised its holdings in Regis by 0.6% during the second quarter. Northern Trust Corp now owns 872,908 shares of the company’s stock worth $14,438,000 after purchasing an additional 4,931 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in Regis by 1.2% during the third quarter. Bank of New York Mellon Corp now owns 405,481 shares of the company’s stock worth $8,285,000 after purchasing an additional 4,983 shares during the last quarter. 95.51% 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 two operating segments, Company-owned salons and Franchise salons. Its salons operate primarily under the trade names of SmartStyle, Supercuts, MasterCuts, Regis Salons, and Cost Cutters; and serve value and premium categories of services.

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