On 11/6/24, Regis Corp (NASDAQ: RGS) stock suffered a major decline of -12.5%, closing at $20.46. Moreover, exceptionally high trading volume at 252% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -14.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, RGS is expected to be a major Value Eraser.
Regis has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Regis has a very high Appreciation Score of 99 and a very high Power Rating of 99, resulting in the Highest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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