Regis Corporation (RGS) Receives Daily Media Sentiment Rating of 0.12

Media headlines about Regis Corporation (NYSE:RGS) have trended somewhat positive on Tuesday, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Regis Corporation earned a news impact score of 0.12 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 75 out of 100, indicating that recent press coverage is likely to have an impact on the stock’s share price in the next few days.

Here are some of the news stories that may have effected Accern’s analysis:

Insider Buying and Selling by Quarter for Regis Corporation (NYSE:RGS)

Regis Corporation (NYSE:RGS) traded up 0.87% on Tuesday, reaching $10.44. 216,259 shares of the company were exchanged. The stock has a 50 day moving average of $9.84 and a 200 day moving average of $12.19. The firm’s market capitalization is $484.00 million. Regis Corporation has a 12-month low of $9.02 and a 12-month high of $15.61.

Regis Corporation (NYSE:RGS) last released its quarterly earnings data on Thursday, May 4th. The company reported ($0.18) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by $0.20. Regis Corporation had a negative net margin of 0.69% and a negative return on equity of 0.01%. The company had revenue of $412.60 million during the quarter. Equities analysts anticipate that Regis Corporation will post $0.13 EPS for the current year.

A number of research analysts have recently weighed in on the stock. TheStreet downgraded shares of Regis Corporation from a “c-” rating to a “d” rating in a report on Friday, May 5th. ValuEngine downgraded shares of Regis Corporation from a “hold” rating to a “sell” rating in a report on Friday, June 2nd.

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In other Regis Corporation news, Director Michael J. Merriman purchased 10,000 shares of the firm’s stock in a transaction that occurred on Monday, May 8th. The shares were acquired at an average cost of $9.24 per share, for a total transaction of $92,400.00. Following the completion of the purchase, the director now owns 46,253 shares of the company’s stock, valued at approximately $427,377.72. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Hugh E. Sawyer III purchased 10,500 shares of the firm’s stock in a transaction that occurred on Monday, May 8th. The stock was acquired at an average price of $9.81 per share, for a total transaction of $103,005.00. Following the completion of the purchase, the chief executive officer now directly owns 100,186 shares of the company’s stock, valued at approximately $982,824.66. The disclosure for this purchase can be found here. 24.00% of the stock is owned by insiders.

Regis Corporation Company Profile

Regis Corporation owns, franchises and operates beauty salons. The Company operates through three segments: North American Value, North American Premium and International. 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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