Regis (RGS) Releases Quarterly Earnings Results, Beats Estimates By $0.07 EPS

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Regis (NYSE:RGS) released its quarterly earnings data on Tuesday. The company reported $0.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.07, RTT News reports. Regis had a return on equity of 5.24% and a net margin of 0.39%. During the same quarter in the previous year, the firm posted $0.03 EPS.

Shares of Regis stock opened at $20.59 on Wednesday. Regis has a 52-week low of $9.96 and a 52-week high of $22.19. The company has a market capitalization of $834.43 million, a P/E ratio of 343.17, a PEG ratio of 4.37 and a beta of 1.36. The company has a current ratio of 1.74, a quick ratio of 1.21 and a debt-to-equity ratio of 0.18.

RGS has been the topic of several recent analyst reports. Zacks Investment Research cut Regis from a “buy” rating to a “hold” rating in a report on Friday, July 27th. TheStreet cut Regis from a “b-” rating to a “c+” rating in a report on Monday, May 7th. Finally, ValuEngine upgraded Regis from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd. One investment analyst has rated the stock with a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $19.00.

Regis Company Profile

Regis Corporation owns, operates, and franchises hairstyling and hair care salons. The company operates through four segments: North American Value, North American Franchise, North American Premium, and International. Its salons offer haircutting and styling, including shampooing and conditioning; custom styling, cutting, and hair coloring, as well as professional hair care products; and other services.

Read More: Price to Earnings Ratio (PE), For Valuing Stocks

Earnings History for Regis (NYSE:RGS)

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