Regis Co. (NYSE:RGS) – KeyCorp issued their Q2 2018 earnings per share estimates for Regis in a note issued to investors on Wednesday. KeyCorp analyst J. Gere anticipates that the company will post earnings per share of $0.03 for the quarter. KeyCorp has a “Sector Weight” rating on the stock. KeyCorp also issued estimates for Regis’ Q3 2018 earnings at $0.03 EPS, Q4 2018 earnings at $0.12 EPS, FY2018 earnings at $0.27 EPS, Q1 2019 earnings at $0.21 EPS, Q2 2019 earnings at $0.09 EPS, Q3 2019 earnings at $0.11 EPS, Q4 2019 earnings at $0.21 EPS, FY2019 earnings at $0.62 EPS and FY2020 earnings at $0.76 EPS.

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

A number of other equities analysts have also recently issued reports on RGS. Zacks Investment Research cut Regis from a “buy” rating to a “hold” rating in a report on Wednesday, December 6th. Jefferies Group increased their price target on Regis from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Wednesday, November 1st. Finally, ValuEngine raised Regis from a “sell” rating to a “hold” rating in a research note on Tuesday, August 29th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $17.00.

Shares of Regis (NYSE:RGS) traded down $0.01 on Monday, reaching $15.76. The company’s stock had a trading volume of 251,670 shares, compared to its average volume of 200,978. Regis has a fifty-two week low of $9.02 and a fifty-two week high of $16.68. The company has a current ratio of 1.94, a quick ratio of 1.48 and a debt-to-equity ratio of 0.25. The firm has a market cap of $734.60, a PE ratio of -82.95, a PEG ratio of 9.61 and a beta of 1.43.

Several hedge funds have recently modified their holdings of the company. Cramer Rosenthal Mcglynn LLC boosted its position in shares of Regis by 15.1% during the 2nd quarter. Cramer Rosenthal Mcglynn LLC now owns 3,578,452 shares of the company’s stock valued at $36,751,000 after purchasing an additional 469,955 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in Regis by 11.5% in the second quarter. Renaissance Technologies LLC now owns 1,960,200 shares of the company’s stock worth $20,131,000 after acquiring an additional 202,700 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Regis by 0.7% in the second quarter. JPMorgan Chase & Co. now owns 1,485,132 shares of the company’s stock worth $15,253,000 after acquiring an additional 10,313 shares in the last quarter. State Street Corp boosted its holdings in Regis by 2.6% in the second quarter. State Street Corp now owns 909,613 shares of the company’s stock worth $9,340,000 after acquiring an additional 23,241 shares in the last quarter. Finally, Northern Trust Corp boosted its holdings in Regis by 84.5% in the second quarter. Northern Trust Corp now owns 876,077 shares of the company’s stock worth $8,998,000 after acquiring an additional 401,194 shares in the last quarter. 95.55% of the stock is owned by institutional investors.

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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)

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