Regis (NASDAQ:RGS) Downgraded to Hold Rating by Wall Street Zen

Regis (NASDAQ:RGS) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Sunday.

Separately, Weiss Ratings restated a “hold (c+)” rating on shares of Regis in a research note on Tuesday. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

Regis Stock Down 0.6%

Regis stock opened at $26.86 on Friday. The company has a quick ratio of 0.47, a current ratio of 0.51 and a debt-to-equity ratio of 0.58. Regis has a 12 month low of $15.00 and a 12 month high of $31.50. The company has a market capitalization of $66.61 million, a price-to-earnings ratio of 0.59 and a beta of 1.74.

Regis (NASDAQ:RGS) last released its quarterly earnings data on Wednesday, November 12th. The company reported $0.50 earnings per share (EPS) for the quarter. The business had revenue of $58.96 million for the quarter. Regis had a return on equity of 5.06% and a net margin of 56.38%.

About Regis

Regis Corporation owns, operates, and franchises hairstyling and hair care salons in the United States, the United Kingdom, Canada, and Puerto Rico. The company operates in two segments, Franchise Salons and Company-owned Salons. Its salons provide haircutting and styling, including shampooing and conditioning; hair coloring; and other services, as well as sells various hair care and other beauty products.