Regis Co. (NYSE:RGS) Director David Patrick Williams acquired 5,000 shares of the stock in a transaction that occurred on Thursday, February 8th. The stock was purchased at an average price of $15.50 per share, for a total transaction of $77,500.00. Following the completion of the acquisition, the director now owns 96,861 shares in the company, valued at approximately $1,501,345.50. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.
Regis Co. (RGS) opened at $16.30 on Wednesday. The firm has a market capitalization of $786.83, a P/E ratio of 23.62, a PEG ratio of 6.03 and a beta of 1.41. Regis Co. has a twelve month low of $9.02 and a twelve month high of $16.95. The company has a current ratio of 2.07, a quick ratio of 1.52 and a debt-to-equity ratio of 0.23.
Regis (NYSE:RGS) last issued its earnings results on Thursday, February 1st. The company reported $0.06 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.04. The business had revenue of $308.52 million for the quarter, compared to analysts’ expectations of $316.30 million. Regis had a positive return on equity of 1.68% and a negative net margin of 0.51%. research analysts predict that Regis Co. will post 0.37 earnings per share for the current year.
Several equities research analysts recently issued reports on RGS shares. Zacks Investment Research upgraded Regis from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a report on Wednesday, November 15th. Jefferies Group boosted their target price on Regis from $17.00 to $18.00 and gave the stock a “buy” rating in a report on Wednesday, November 1st. Finally, KeyCorp assumed coverage on Regis in a report on Wednesday, December 20th. They set a “sector weight” rating on the stock. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Regis presently has an average rating of “Buy” and an average target price of $17.50.
Institutional investors have recently modified their holdings of the company. Boston Partners boosted its holdings in shares of Regis by 4.9% during the 3rd quarter. Boston Partners now owns 240,700 shares of the company’s stock worth $3,435,000 after purchasing an additional 11,350 shares during the last quarter. Crossmark Global Holdings Inc. acquired a new position in shares of Regis during the 3rd quarter worth approximately $333,000. California Public Employees Retirement System boosted its holdings in shares of Regis by 5.9% during the 3rd quarter. California Public Employees Retirement System now owns 217,872 shares of the company’s stock worth $3,109,000 after purchasing an additional 12,089 shares during the last quarter. OxFORD Asset Management LLP purchased a new stake in shares of Regis during the 3rd quarter valued at approximately $1,146,000. Finally, Wells Fargo & Company MN raised its position in shares of Regis by 17.1% during the 3rd quarter. Wells Fargo & Company MN now owns 96,428 shares of the company’s stock valued at $1,376,000 after buying an additional 14,072 shares during the period. Institutional investors and hedge funds own 95.27% of the company’s stock.
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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.
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