Regis Corporation’s (RGS) “Buy” Rating Reaffirmed at Jefferies Group LLC

Jefferies Group LLC reiterated their buy rating on shares of Regis Corporation (NYSE:RGS) in a research report sent to investors on Tuesday morning. They currently have a $17.00 target price on the stock, up from their prior target price of $15.00. Jefferies Group also issued estimates for Regis Corporation’s Q1 2018 earnings at $0.13 EPS, Q1 2019 earnings at $0.18 EPS and Q4 2019 earnings at $0.19 EPS.

A number of other equities analysts have also weighed in on RGS. BidaskClub upgraded shares of Regis Corporation from a sell rating to a hold rating in a research report on Thursday, August 3rd. ValuEngine upgraded shares of Regis Corporation from a sell rating to a hold rating in a research report on Tuesday, August 29th.

Regis Corporation (NYSE RGS) opened at 15.03 on Tuesday. Regis Corporation has a 1-year low of $9.02 and a 1-year high of $15.61. The firm’s market capitalization is $697.38 million. The company has a 50 day moving average of $13.46 and a 200 day moving average of $11.14.

Regis Corporation (NYSE:RGS) last posted its quarterly earnings data on Wednesday, August 23rd. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.12. Regis Corporation had a negative net margin of 0.95% and a positive return on equity of 0.70%. The firm had revenue of $424.20 million for the quarter. Analysts forecast that Regis Corporation will post $0.13 EPS for the current year.

TRADEMARK VIOLATION NOTICE: “Regis Corporation’s (RGS) “Buy” Rating Reaffirmed at Jefferies Group LLC” was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of U.S. & international copyright legislation. The original version of this piece can be viewed at https://ledgergazette.com/2017/10/11/regis-corporations-rgs-buy-rating-reaffirmed-at-jefferies-group-llc.html.

Large investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp grew its position 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 valued at $4,738,000 after buying an additional 14,967 shares during the last quarter. GSA Capital Partners LLP grew its position in Regis Corporation by 47.3% in the 2nd quarter. GSA Capital Partners LLP now owns 92,744 shares of the company’s stock valued at $952,000 after buying an additional 29,777 shares during the last quarter. Systematic Financial Management LP grew its position in Regis Corporation by 13.8% in the 2nd quarter. Systematic Financial Management LP now owns 136,300 shares of the company’s stock valued at $1,400,000 after buying an additional 16,545 shares during the last quarter. Ameriprise Financial Inc. grew its position in Regis Corporation by 3.8% in the 1st quarter. Ameriprise Financial Inc. now owns 185,742 shares of the company’s stock valued at $2,178,000 after buying an additional 6,885 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in Regis Corporation by 0.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,485,132 shares of the company’s stock valued at $15,253,000 after buying an additional 10,313 shares during the last quarter. Hedge funds and other institutional investors own 95.35% 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 Inte

A number of other equities analysts have also weighed in on RGS. BidaskClub upgraded shares of Regis Corporation from a sell rating to a hold rating in a research report on Thursday, August 3rd. ValuEngine upgraded shares of Regis Corporation from a sell rating to a hold rating in a research report on Tuesday, August 29th.

Regis Corporation (NYSE RGS) opened at 15.03 on Tuesday. Regis Corporation has a 1-year low of $9.02 and a 1-year high of $15.61. The firm’s market capitalization is $697.38 million. The company has a 50 day moving average of $13.46 and a 200 day moving average of $11.14.

Regis Corporation (NYSE:RGS) last posted its quarterly earnings data on Wednesday, August 23rd. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.12. Regis Corporation had a negative net margin of 0.95% and a positive return on equity of 0.70%. The firm had revenue of $424.20 million for the quarter. Analysts forecast that Regis Corporation will post $0.13 EPS for the current year.

TRADEMARK VIOLATION NOTICE: “Regis Corporation’s (RGS) “Buy” Rating Reaffirmed at Jefferies Group LLC” was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of U.S. & international copyright legislation. The original version of this piece can be viewed at https://ledgergazette.com/2017/10/11/regis-corporations-rgs-buy-rating-reaffirmed-at-jefferies-group-llc.html.

Large investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp grew its position 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 valued at $4,738,000 after buying an additional 14,967 shares during the last quarter. GSA Capital Partners LLP grew its position in Regis Corporation by 47.3% in the 2nd quarter. GSA Capital Partners LLP now owns 92,744 shares of the company’s stock valued at $952,000 after buying an additional 29,777 shares during the last quarter. Systematic Financial Management LP grew its position in Regis Corporation by 13.8% in the 2nd quarter. Systematic Financial Management LP now owns 136,300 shares of the company’s stock valued at $1,400,000 after buying an additional 16,545 shares during the last quarter. Ameriprise Financial Inc. grew its position in Regis Corporation by 3.8% in the 1st quarter. Ameriprise Financial Inc. now owns 185,742 shares of the company’s stock valued at $2,178,000 after buying an additional 6,885 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in Regis Corporation by 0.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,485,132 shares of the company’s stock valued at $15,253,000 after buying an additional 10,313 shares during the last quarter. Hedge funds and other institutional investors own 95.35% 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.

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