Regis (RGS) Receiving Somewhat Positive Press Coverage, AlphaOne Reports

Media headlines about Regis (NYSE:RGS) have trended somewhat positive this week, according to AlphaOne Sentiment Analysis. The research firm, a subsidiary of Accern, identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Regis earned a media sentiment score of 0.20 on AlphaOne’s scale. AlphaOne also assigned news stories about the company an impact score of 50 out of 100, meaning that recent press coverage is somewhat likely to have an effect on the company’s share price in the immediate future.

Here are some of the media headlines that may have effected Alpha One’s analysis:

Regis (NYSE:RGS) traded down 0.73% during trading on Friday, reaching $10.94. The company had a trading volume of 66,889 shares. Regis has a 1-year low of $10.65 and a 1-year high of $16.02. The firm has a 50-day moving average of $11.64 and a 200-day moving average of $13.04. The stock has a market capitalization of $506.81 million, a price-to-earnings ratio of 116.38 and a beta of 1.38.

Regis (NYSE:RGS) last released its earnings results on Friday, February 3rd. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.01) by $0.02. Regis had a net margin of 0.26% and a return on equity of 1.00%. The business had revenue of $424 million for the quarter, compared to analyst estimates of $440.60 million. During the same period in the prior year, the company earned ($0.25) earnings per share. The firm’s revenue for the quarter was down 5.9% on a year-over-year basis. On average, analysts anticipate that Regis will post $0.13 EPS for the current fiscal year.

In related news, COO Jim Brian Lain sold 3,200 shares of the stock in a transaction that occurred on Wednesday, March 8th. The shares were sold at an average price of $12.21, for a total transaction of $39,072.00. Following the completion of the sale, the chief operating officer now directly owns 90,007 shares of the company’s stock, valued at $1,098,985.47. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 24.00% of the stock is owned by corporate insiders.

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About Regis

Regis Corporation owns, franchises and operates beauty salons. The Company operates through three segments: North American Value, North American Premium and International. 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.

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