Regis Corporation (NYSE:RGS) saw a downside of -10.40% to $1.12 after subtracting -$0.13on Wednesday. The 5-day average trading volume is 139,902 shares of the company’s common stock. It has gained $1.2500 in the past week and touched a new high 4 times within the past 5 days. An average of 91,985 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 118,418.
RGS’s 1-month performance is -15.15% or -$0.1300 on its low of $0.9900 reached on 08/23/23. The company’s shares have touched a 52-week low of $0.78 and high of $1.85, with the stock’s rally to the 52-week high happening on 02/01/23. YTD, RGS has lost -8.20% or -$0.1000 and has reached a new high 10 times. However, the current price is down -39.46% from the 52-week high price.
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Valuation Metrics
RGS stock has a beta of 1.79. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.21.
Regis Corporation’s quick ratio for the period ended March 30 was 0.30, with the current ratio over the same period at 0.30. In terms of profitability, the gross margin trailing 12 months is 97.10%. The trailing 12-month EBITDA margin is -2.76%. The firm’s gross profit as reported stood at $258.58 million against revenue of $275.97 million.
Earnings Surprise
For the quarterly period ending March 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -1602.44% to -$1.64 million, while revenue of -$2.41 million was -46.95% off the previous quarter. Analysts expected RGS to announce -$0.07 per share in earnings in its latest quarter, but it posted -$0.04, representing a 42.90% surprise. EBITDA for the quarter stood at more than $3.61 million. RGS stock balance sheet for the quarter ending March 30 shows that total liabilities totaled 673.69 million, with total debt at $580.03 million. Shareholders hold equity totaling $45.56 million.
Let’s look briefly at Regis Corporation (RGS) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 33.11% to suggest the stock is trending Neutral, with historical volatility in this time period at 60.20%.
The stock’s 5-day moving average is $1.1940, reflecting a -8.94% or -$0.1100 change from its current price. RGS is currently trading -18.84% above its 20-day SMA, -1.75% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +5.66% and SMA200 by-21.13%.
Stochastic %K and %D was 42.67% and 32.56% and the average true range (ATR) pointed at 0.0886. The RSI (14) points at 38.76%, while the 14-day stochastic is at 40.63% with the period’s ATR at 0.0817. The stock’s 9-day MACD Oscillator is pointing at -0.0200 and -0.0290 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Regis Corporation (NYSE: RGS), Loop Capital upgraded it to a Buy rating. They previously had a Hold rating on the stock. Analysts offering their rating for RGS stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate RGS as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is RGS’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $2.00 and a high of $2.00, with their median price target at $2.00. Looking at these predictions, the average price target given by analysts is for Regis Corporation (RGS) stock is $2.00.
