How Should Investors View Regis Corporation (RGS) Insider Trading?


As of Friday close, Regis Corporation’s (NYSE:RGS) stock was down -$0.22, moving down -22.00 percent to $0.78. The average number of shares traded per day over the past five days has been 1,708,240 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.3900 fall in that time frame. In the last twenty days, the average volume was 604,560, while in the previous 50 days, it was 432,506.

Since last month, RGS stock retreated -48.34%. Shares of the company fell to $0.7800 on 03/17/23, the lowest level in the past month. A 52-week high of $2.34 was reached on 02/01/23 after having rallying from a 52-week low of $0.50. Since the beginning of this year, RGS’s stock price has dropped by -36.07% or -$0.4400, and marked a new high 10 times. However, the stock has declined by -66.67% since its 52-week high.

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Valuation Metrics

The latest dividend of $0.06 per share was paid out, remained unchanged from last year’s $0.06.

Financial Health

In the three months ended December 30, Regis Corporation’s quick ratio stood at 0.30, while its current ratio was 0.30, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 96.70% percent. Based on annual data, RGS earned $258.58 million in gross profit and brought in $275.97 million in revenue.

In Regis Corporation’s quarter-end financial report for December 30, it reported total debt of $174.85 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. RGS’s revenue fell -17.16% to $61.87 million during the quarter, while net income inched up to $59.97 million. While analysts expected Regis Corporation to report -$0.12 quarterly earnings, the actual figure was -$0.06 per share. During the quarter, the company generated $5.08 million in EBITDA. The liabilities of Regis Corporation were 719.31 million at the end of its most recent quarter ended December 30, and its total debt was $621.0 million. The value of shareholders’ equity is $45.56 million.

Technical Picture

This quick technical analysis looks at Regis Corporation’s (RGS) price momentum. With a historical volatility rate of 103.64%, the RSI 9-day stood at 9.62% on 17 March.

With respect to its five-day moving average, the current Regis Corporation price is down by -33.33% percent or -$0.3900. At present, RGS shares trade -48.68% below its 20-day simple moving average and -22.00% percent below its 100-day simple moving average. However, the stock is currently trading approximately -43.48% below its SMA50 and +1.55% above its SMA200.

Stochastic coefficient K was 11.75% and Stochastic coefficient D was 11.75%, while ATR was 0.1200. Given the Stochastic reading of 0.00% for the 14-day period, the RSI (14) reading has been calculated as 17.16%. As of today, the MACD Oscillator reading stands at -0.1489, while the 14-day reading stands at -0.2586.

Analyst Ratings

Loop Capital upgraded its rating on Regis Corporation (NYSE: RGS) to a Buy in a note to investors on February 01, 2021. The analysts firm previously had a Hold rating on the stock.Regis Corporation (RGS) has been rated Buy by analysts. According to 0 brokerage firms, RGS is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Regis Corporation stock as buy, with 1 recommending it as overweight.

With a median target price of $2.00, the current consensus forecast for the stock is $2.00 – $2.00. Based on these forecasts, analysts predict Regis Corporation (RGS) will achieve an average price target of $2.00.


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