Regis Corp. Hits New 52-Week Low at $14.40 (RGS)
Regis Corp. (NYSE:RGS) set a new 52-week low during mid-day trading on Thursday, AnalystRatingsNetwork reports. The stock traded as low as $14.40 and last traded at $14.49, with a volume of 295,127 shares. The stock had previously closed at $14.70.
RGS has been the subject of a number of recent research reports. Analysts at Zacks reiterated an “underperform” rating on shares of Regis Corp. (NYSE:RGS) in a research note to investors on Wednesday, September 18th. They now have a $14.00 price target on the stock.
Regis Corp. has a one year low of $14.50 and a one year high of $19.59. The stock’s 50-day moving average is $15.79 and its 200-day moving average is $17.26. The company has a market cap of $813.2 million and a P/E ratio of 28.82.
Regis Corp. (NYSE:RGS) last announced its earnings results on Tuesday, August 27th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by $0.06. The company had revenue of $502.30 million for the quarter, compared to the consensus estimate of $513.19 million. During the same quarter in the previous year, the company posted $0.40 earnings per share. The company’s revenue for the quarter was down 23.7% on a year-over-year basis. On average, analysts predict that Regis Corp. will post $0.13 earnings per share for the current fiscal year.
Regis Corporation business is engaged in owning, operating and franchising hair and retail product salons.
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