Regis Corporation (NYSE:RGS) – Equities researchers at Jefferies Group cut their Q4 2018 earnings estimates for shares of Regis Corporation in a research note issued to investors on Tuesday. Jefferies Group analyst S. Wissink now anticipates that the company will post earnings of $0.05 per share for the quarter, down from their previous estimate of $0.12. Jefferies Group currently has a “Buy” rating and a $18.00 price objective on the stock.

A number of other brokerages have also commented on RGS. ValuEngine raised Regis Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, August 29th. BidaskClub raised Regis Corporation from a “hold” rating to a “buy” rating in a report on Saturday, August 26th.

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Regis Corporation (NYSE:RGS) last issued its quarterly earnings results on Tuesday, October 31st. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.03). Regis Corporation had a negative net margin of 2.70% and a positive return on equity of 0.81%. The company had revenue of $309.87 million for the quarter, compared to analyst estimates of $334.10 million. During the same period last year, the company posted $0.12 earnings per share.

A number of institutional investors have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company lifted its stake in Regis Corporation by 0.5% in the second quarter. The Manufacturers Life Insurance Company now owns 30,110 shares of the company’s stock valued at $309,000 after purchasing an additional 163 shares during the last quarter. Texas Permanent School Fund lifted its stake in Regis Corporation by 0.9% in the second quarter. Texas Permanent School Fund now owns 25,696 shares of the company’s stock valued at $264,000 after purchasing an additional 227 shares during the last quarter. Arizona State Retirement System lifted its stake in Regis Corporation by 1.7% in the first quarter. Arizona State Retirement System now owns 18,357 shares of the company’s stock valued at $215,000 after purchasing an additional 300 shares during the last quarter. Public Employees Retirement System of Ohio lifted its stake in Regis Corporation by 6.1% in the first quarter. Public Employees Retirement System of Ohio now owns 10,389 shares of the company’s stock valued at $122,000 after purchasing an additional 599 shares during the last quarter. Finally, Thrivent Financial For Lutherans lifted its stake in Regis Corporation by 4.7% in the first quarter. Thrivent Financial For Lutherans now owns 19,890 shares of the company’s stock valued at $233,000 after purchasing an additional 890 shares during the last quarter. Institutional investors and hedge funds own 95.20% of the company’s stock.

Regis Corporation Company Profile

Regis Corporation owns, franchises and operates beauty salons. The Company operates through two segments: North American Value and North American Premium. As of June 30, 2016, the Company’s North American Value salon operations consisted of 5,784 Company-owned salons and 2,496 franchised salons operating in the United States, Canada and Puerto Rico.

Earnings History and Estimates for Regis Corporation (NYSE:RGS)

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