Shares of Regis Corporation (NYSE:RGS) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Analysts have set a 12-month consensus price target of $18.00 for the company, according to Zacks. Zacks has also assigned Regis an industry rank of 103 out of 265 based on the ratings given to related companies.

Several analysts have recently issued reports on RGS shares. Jefferies Group started coverage on shares of Regis in a research note on Wednesday, September 13th. They issued a “buy” rating and a $15.00 target price for the company. Zacks Investment Research lowered shares of Regis from a “hold” rating to a “sell” rating in a research note on Tuesday. BidaskClub upgraded shares of Regis from a “hold” rating to a “buy” rating in a research note on Saturday, August 26th. Finally, ValuEngine upgraded shares of Regis from a “sell” rating to a “hold” rating in a research note on Tuesday, August 29th.

Shares of Regis (RGS) opened at $15.96 on Tuesday. The company has a market cap of $744.39, a price-to-earnings ratio of 177.56, a price-to-earnings-growth ratio of 12.02 and a beta of 1.43. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.48 and a current ratio of 1.94. Regis has a one year low of $9.02 and a one year high of $16.68.

Regis (NYSE:RGS) last announced its quarterly earnings results on Tuesday, October 31st. The company reported $0.10 EPS for the quarter, missing the Zacks’ consensus estimate of $0.13 by ($0.03). Regis had a negative net margin of 2.70% and a positive return on equity of 0.81%. The business had revenue of $309.87 million for the quarter, compared to the consensus estimate of $334.10 million. During the same quarter last year, the firm posted $0.12 EPS. equities research analysts forecast that Regis will post 0.19 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of RGS. Public Employees Retirement System of Ohio grew its stake in shares of Regis by 13.0% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 11,742 shares of the company’s stock worth $121,000 after acquiring an additional 1,353 shares in the last quarter. SG Americas Securities LLC bought a new stake in shares of Regis in the 3rd quarter worth $127,000. Wedge Capital Management L L P NC grew its position in Regis by 10.3% during the second quarter. Wedge Capital Management L L P NC now owns 15,716 shares of the company’s stock valued at $161,000 after buying an additional 1,464 shares during the period. BNP Paribas Arbitrage SA grew its position in Regis by 41.0% during the second quarter. BNP Paribas Arbitrage SA now owns 16,242 shares of the company’s stock valued at $167,000 after buying an additional 4,721 shares during the period. Finally, Aperio Group LLC bought a new position in Regis during the second quarter valued at about $174,000. Hedge funds and other institutional investors own 95.60% of the company’s stock.

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About Regis

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.

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