Analysts Anticipate Regis Co. (NYSE:RGS) Will Announce Earnings of $0.01 Per Share

Wall Street brokerages expect Regis Co. (NYSE:RGSGet Rating) to post earnings of $0.01 per share for the current fiscal quarter, Zacks reports. Zero analysts have issued estimates for Regis’ earnings. Regis reported earnings per share of ($0.74) during the same quarter last year, which would indicate a positive year over year growth rate of 101.4%. The firm is scheduled to report its next earnings report on Monday, January 1st.

On average, analysts expect that Regis will report full-year earnings of ($0.41) per share for the current fiscal year. For the next financial year, analysts forecast that the business will report earnings of $0.09 per share. Zacks’ EPS calculations are an average based on a survey of analysts that cover Regis.

Regis (NYSE:RGSGet Rating) last released its quarterly earnings results on Tuesday, May 10th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.05) by ($0.04). The firm had revenue of $64.75 million for the quarter. Regis had a negative net margin of 24.87% and a negative return on equity of 165.45%.

Separately, StockNews.com assumed coverage on shares of Regis in a research note on Thursday, March 31st. They issued a “sell” rating on the stock.

Hedge funds have recently added to or reduced their stakes in the company. Luminus Management LLC acquired a new position in Regis in the third quarter worth $4,879,000. Charles Schwab Investment Management Inc. raised its position in Regis by 51.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,462,420 shares of the company’s stock worth $3,101,000 after acquiring an additional 496,617 shares in the last quarter. Invesco Ltd. increased its stake in Regis by 392.4% in the 1st quarter. Invesco Ltd. now owns 550,495 shares of the company’s stock worth $1,167,000 after purchasing an additional 438,707 shares in the last quarter. First Manhattan Co. purchased a new position in Regis in the 1st quarter worth about $848,000. Finally, Royce & Associates LP increased its stake in Regis by 32.5% in the 1st quarter. Royce & Associates LP now owns 1,347,732 shares of the company’s stock worth $2,857,000 after purchasing an additional 330,291 shares in the last quarter. 47.63% of the stock is owned by institutional investors and hedge funds.

RGS stock opened at $0.66 on Friday. The firm has a market cap of $30.22 million, a PE ratio of -0.34 and a beta of 2.63. The company has a debt-to-equity ratio of 39.31, a quick ratio of 0.15 and a current ratio of 0.18. The firm’s fifty day moving average is $1.35 and its 200 day moving average is $1.74. Regis has a one year low of $0.63 and a one year high of $10.78.

Regis Company Profile (Get Rating)

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.

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Earnings History and Estimates for Regis (NYSE:RGS)

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