Free Trial

Regis (NASDAQ:RGS) Shares Down 2.9% - Should You Sell?

Regis logo with Services background
Image from MarketBeat Media, LLC.

Key Points

  • Shares fell 2.9% to $23.31 on Friday, with roughly 11,877 shares traded — a 37% increase versus average volume, indicating heavier-than-normal trading activity.
  • Analysts hold a consensus "Hold" on RGS after recent reviews (Weiss Ratings restated a hold; Wall Street Zen downgraded from buy to hold).
  • Regis is a small-cap (~$58.3M) with weak liquidity metrics (quick ratio 0.51, current ratio 0.53) and a very low reported P/E of 0.54, highlighting either deep valuation or possible one-time earnings effects and higher risk.
  • Five stocks we like better than Regis.

Shares of Regis Corp (NASDAQ:RGS - Get Free Report) dropped 2.9% during trading on Friday . The stock traded as low as $22.95 and last traded at $23.31. Approximately 11,877 shares traded hands during trading, an increase of 37% from the average daily volume of 8,651 shares. The stock had previously closed at $24.00.

Analyst Upgrades and Downgrades

RGS has been the topic of a number of research reports. Weiss Ratings restated a "hold (c+)" rating on shares of Regis in a report on Monday, December 29th. Wall Street Zen downgraded shares of Regis from a "buy" rating to a "hold" rating in a research report on Sunday, November 30th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold".

Get Our Latest Stock Report on RGS

Regis Stock Performance

The company's 50 day moving average is $22.99. The company has a quick ratio of 0.51, a current ratio of 0.53 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $58.28 million, a price-to-earnings ratio of 0.54 and a beta of 1.46.

Regis (NASDAQ:RGS - Get Free Report) last announced its earnings results on Thursday, February 5th. The company reported $0.60 earnings per share (EPS) for the quarter. Regis had a return on equity of 4.08% and a net margin of 50.79%.The firm had revenue of $57.12 million during the quarter.

Institutional Investors Weigh In On Regis

Hedge funds have recently modified their holdings of the business. Diametric Capital LP acquired a new position in shares of Regis during the second quarter valued at about $233,000. DRW Securities LLC acquired a new position in Regis in the fourth quarter worth about $247,000. Mink Brook Asset Management LLC acquired a new position in shares of Regis in the 3rd quarter worth approximately $267,000. Aspire Growth Partners LLC raised its stake in shares of Regis by 14.5% in the second quarter. Aspire Growth Partners LLC now owns 14,649 shares of the company's stock valued at $327,000 after acquiring an additional 1,860 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new position in Regis in the 3rd quarter valued at $335,000. 31.50% of the stock is owned by institutional investors.

Regis Company Profile

(Get Free Report)

Regis NASDAQ: RGS is a company that owns, operates and franchises a portfolio of hair salon and beauty service brands. Its business centers on providing haircutting, styling, coloring and other salon services through both company-owned and franchised locations. The company's brand portfolio includes well-known names in the haircut and salon market that serve a range of customer segments from value-focused walk-in haircuts to full-service salon experiences.

Regis generates revenue through salon operations, franchise fees and the sale of professional hair-care products and retail items.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Regis Right Now?

Before you consider Regis, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Regis wasn't on the list.

While Regis currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines