Regis (NASDAQ:RGS) Trading 1.3% Higher - What's Next?

Key Points

• Regis shares were up about 1.3% intraday to $27.85 (high $28.23) on light volume of 6,744 shares (down ~23% versus average), while analysts maintain a consensus Hold rating.
• The company trades with a small market cap (~$69.6M) and an unusually low valuation—a P/E of 0.64—after reporting $0.60 EPS and $57.12M revenue for the quarter, but shows thin liquidity (current ratio 0.53) and moderate leverage (debt/equity 0.59).
• Institutional interest is modest: hedge funds such as Geode and Renaissance Technologies increased positions in recent quarters, and institutional investors own about 31.5% of the stock.

Regis Corp (NASDAQ:RGS - Get Free Report)'s share price traded up 1.3% during mid-day trading on Monday . The company traded as high as $28.23 and last traded at $27.85. 6,744 shares traded hands during trading, a decline of 23% from the average session volume of 8,755 shares. The stock had previously closed at $27.50.

Analysts Set New Price Targets

Several research firms have recently commented on RGS. Weiss Ratings reissued a "hold (c+)" rating on shares of Regis in a report on Monday, December 29th. Wall Street Zen raised shares of Regis to a "hold" rating in a research report on Saturday, April 4th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold".

Regis Stock Up 1.3%

The stock has a fifty day moving average price of $24.00. The firm has a market cap of $69.63 million, a price-to-earnings ratio of 0.64 and a beta of 1.39. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.51 and a current ratio of 0.53.

Regis (NASDAQ:RGS - Get Free Report) last released its quarterly earnings data 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 for the quarter.

Institutional Investors Weigh In On Regis

Hedge funds have recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its position in shares of Regis by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 26,695 shares of the company's stock valued at $741,000 after purchasing an additional 478 shares during the period. Renaissance Technologies LLC boosted its holdings in shares of Regis by 12.7% during the 4th quarter. Renaissance Technologies LLC now owns 13,344 shares of the company's stock worth $370,000 after buying an additional 1,500 shares during the period. DRW Securities LLC acquired a new position in Regis in the 4th quarter valued at about $247,000. Mink Brook Asset Management LLC acquired a new position in Regis in the 3rd quarter valued at about $267,000. Finally, GSA Capital Partners LLP bought a new position in Regis in the 3rd quarter valued at about $335,000. Institutional investors and hedge funds own 31.50% of the company's stock.

Regis Company Profile

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.

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