Added to YB: 2024-06-26
Pitch date: 2024-06-25
RGS [bullish]
Regis Corporation
+69.99%
current return
Author Info
No bio for this author
Company Info
Regis Corporation owns and franchises hair care salons primarily in North America. The company operates in two segments, Franchise Salons and Company-Owned Salons.
Market Cap
$54.8M
Pitch Price
$17.06
Price Target
66.00 (+128%)
Dividend
N/A
EV/EBITDA
12.45
P/E
0.60
EV/Sales
2.06
Sector
Diversified Consumer Services
Category
turnaround
Regis Corporation: Strong Upside Potential with Improved Balance Sheet
$RGS: Debt reduced by $96M ($40/share) via B of A deal. $66 PT at 7x $35M EBITDA. New $25M credit line enables growth. Franchise model allows efficient expansion. Further upside from potential debt refinancing. $190M debt settled for $94M payment. Market cap $47M at $20.50/share, suggesting undervaluation post-deal.
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