RGS Stock Summary and Trading Ideas (Regis | NASDAQ:RGS)

Regis Corp owns, franchises, and operates beauty salons throughout North America and the United Kingdom. The company's locations provide salon products and services to the mass market, including haircutting, styling, and hair coloring. The vast majority of Regis' salons are in strip malls, shopping centers, and Wal-Mart stores in North America and serve price-conscious customers. The company derives the majority of its revenue from these locations. The sale of products also contributes a relatively significant percentage of total sales. Regis also operates a smaller portfolio of premium salons across North America and the U.K. The company's majority brands include SmartStyle, Cost Cutters, and Supercuts.

Regis trades on the NASDAQ stock market under the symbol RGS.

As of April 23, 2024, RGS stock price climbed to $5.59 with 16,679 million shares trading.

RGS has a beta of 1.29, meaning it tends to be more sensitive to market movements. RGS has a correlation of 0.02 to the broad based SPY ETF.

RGS has a market cap of $12.74 million. This is considered a Sub-Micro Cap stock.

Last quarter Regis reported $51 million in Revenue and -$.43 earnings per share. This fell short of revenue expectation by $-2 million and exceeded earnings estimates by $.76.

In the last 3 years, RGS stock traded as high as $273.60 and as low as $5.36.

The top ETF exchange traded funds that RGS belongs to (by Net Assets): VTI, VXF, IWC.

RGS has underperformed the market in the last year with a price return of -73.1% while the SPY ETF gained +24.3%. RGS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -44.1% and -19.3%, respectively, while the SPY returned +4.9% and -2.5%, respectively.

RGS support price is $5.03 and resistance is $5.87 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RGS stock will trade within this expected range on the day.