Northcoast Research Raises Regis to Neutral (RGS)

By admin | 6 years ago

Regis (NYSE: RGS) was upgraded by analysts at Northcoast Research from a “sell” rating to a “neutral” rating in a research report issued to clients and investors on Friday.

Regis traded up 0.78% on Friday, hitting $17.99. Regis has a 1-year low of $12.46 and a 1-year high of $18.91. The company’s market cap is $1.026 billion.

The company last announced its quarterly results on Thursday, April 26th. It reported $0.32 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $0.26 EPS by $0.06. The company’s quarterly revenue was down 1.3% on a year-over-year basis. Analysts expect that Regis will post $0.27 EPS next quarter.

Regis Corporation is engaged in owning, operating and franchising hair and retail product salons. In addition to the primary hair and retail product salons, the Company owns Hair Club for Men and Women, a provider of hair restoration services.

About the author