Media coverage about Regis (NYSE:RGS) has been trending somewhat negative this week, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Regis earned a news impact score of -0.01 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.9724771565442 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the media stories that may have effected Accern’s rankings:
- Litigation Game Theory Professional Development Programs Launched for Legal and Finance Professionals (prweb.com)
- Leslie Hospitality Will Launch a USD10 Million Hotel Acquisition Fund on May 1, 2018 (prweb.com)
- Lone Star CEO Leads Sessions on Best Practice (prweb.com)
- Security Industry Association Opens Registration for SIA GovSummit 2018 (prweb.com)
- Colorado New Construction Summit to be Presented on April 10 by Canyon Title (prweb.com)
A number of analysts have issued reports on RGS shares. Zacks Investment Research raised Regis from a “hold” rating to a “buy” rating and set a $18.00 target price on the stock in a research report on Tuesday. KeyCorp started coverage on Regis in a research report on Wednesday, December 20th. They issued a “sector weight” rating on the stock. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $18.00.
Regis (NYSE:RGS) last announced its earnings results on Thursday, February 1st. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. The company had revenue of $308.52 million for the quarter, compared to analyst estimates of $316.30 million. Regis had a positive return on equity of 1.68% and a negative net margin of 0.51%. equities research analysts expect that Regis will post 0.37 EPS for the current year.
In related news, Director David Patrick Williams acquired 5,000 shares of the business’s stock in a transaction dated Thursday, February 8th. The shares were acquired at an average price of $15.50 per share, with a total value of $77,500.00. Following the completion of the transaction, the director now owns 96,861 shares of the company’s stock, valued at $1,501,345.50. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. 24.00% of the stock is currently owned by corporate insiders.
Regis 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.
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