Regis Corporation Expected to Earn Q1 2018 Earnings of $0.15 Per Share (RGS)

Regis Corporation (NYSE:RGS) – Equities research analysts at Jefferies Group issued their Q1 2018 earnings estimates for shares of Regis Corporation in a research report issued to clients and investors on Wednesday. Jefferies Group analyst S. Wissink anticipates that the company will post earnings of $0.15 per share for the quarter. Jefferies Group has a “Buy” rating and a $15.00 price target on the stock. Jefferies Group also issued estimates for Regis Corporation’s Q2 2018 earnings at $0.02 EPS, Q3 2018 earnings at ($0.17) EPS, Q4 2018 earnings at $0.12 EPS, FY2018 earnings at $0.12 EPS, Q1 2019 earnings at $0.22 EPS, Q2 2019 earnings at $0.07 EPS, Q3 2019 earnings at ($0.12) EPS, Q4 2019 earnings at $0.18 EPS and FY2019 earnings at $0.35 EPS.

Regis Corporation (NYSE:RGS) last issued its quarterly earnings data on Wednesday, August 23rd. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.08 by $0.12. The firm had revenue of $424.20 million during the quarter. Regis Corporation had a positive return on equity of 0.70% and a negative net margin of 0.95%. TRADEMARK VIOLATION WARNING: “Regis Corporation Expected to Earn Q1 2018 Earnings of $0.15 Per Share (RGS)” was first posted by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of United States and international trademark & copyright laws. The correct version of this piece of content can be accessed at https://www.chaffeybreeze.com/2017/09/17/regis-corporation-expected-to-earn-q1-2018-earnings-of-0-15-per-share-rgs.html.

A number of other equities analysts have also weighed in on RGS. ValuEngine upgraded shares of Regis Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 29th. BidaskClub upgraded shares of Regis Corporation from a “hold” rating to a “buy” rating in a report on Saturday, August 26th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $15.00.

Shares of Regis Corporation (NYSE:RGS) opened at 13.11 on Friday. The stock has a 50 day moving average price of $11.57 and a 200 day moving average price of $10.88. The stock’s market capitalization is $608.29 million. Regis Corporation has a 52 week low of $9.02 and a 52 week high of $15.61.

A number of hedge funds and other institutional investors have recently made changes to their positions in RGS. Teachers Advisors LLC raised its holdings in Regis Corporation by 77.9% in the 4th quarter. Teachers Advisors LLC now owns 104,143 shares of the company’s stock worth $1,512,000 after acquiring an additional 45,604 shares during the last quarter. Bank of Montreal Can raised its holdings in Regis Corporation by 2.8% in the 1st quarter. Bank of Montreal Can now owns 25,960 shares of the company’s stock worth $304,000 after acquiring an additional 710 shares during the last quarter. Louisiana State Employees Retirement System raised its holdings in Regis Corporation by 1.4% in the 1st quarter. Louisiana State Employees Retirement System now owns 14,300 shares of the company’s stock worth $168,000 after acquiring an additional 200 shares during the last quarter. Wells Fargo & Company MN raised its holdings in Regis Corporation by 12.9% in the 1st quarter. Wells Fargo & Company MN now owns 82,401 shares of the company’s stock worth $966,000 after acquiring an additional 9,421 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in Regis Corporation by 3.8% in the 1st quarter. Bank of New York Mellon Corp now owns 404,282 shares of the company’s stock worth $4,738,000 after acquiring an additional 14,967 shares during the last quarter. Institutional investors own 95.37% of the company’s stock.

Regis Corporation Company Profile

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.

Earnings History and Estimates for Regis Corporation (NYSE:RGS)

Receive News & Ratings for Regis Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regis Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply