Regulus Therapeutics Inc. (RGLS) to Release Earnings on Monday
Regulus Therapeutics Inc. (NASDAQ:RGLS) will be posting its quarterly earnings results after the market closes on Monday, October 30th. Analysts expect Regulus Therapeutics to post earnings of ($0.19) per share for the quarter.
Regulus Therapeutics (NASDAQ:RGLS) last issued its quarterly earnings data on Tuesday, August 1st. The biopharmaceutical company reported ($0.41) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.31) by ($0.10). The business had revenue of $0.02 million for the quarter, compared to analysts’ expectations of $0.02 million. Regulus Therapeutics had a negative net margin of 31,460.47% and a negative return on equity of 173.20%. On average, analysts expect Regulus Therapeutics to post $-0.97 EPS for the current fiscal year and $-0.38 EPS for the next fiscal year.
Regulus Therapeutics Inc. (RGLS) opened at 1.21 on Monday. Regulus Therapeutics Inc. has a one year low of $0.79 and a one year high of $3.38. The company’s 50-day moving average is $1.26 and its 200 day moving average is $1.23. The stock’s market capitalization is $125.58 million.
RGLS has been the topic of a number of recent analyst reports. Zacks Investment Research raised shares of Regulus Therapeutics from a “hold” rating to a “buy” rating and set a $1.00 price objective on the stock in a research report on Wednesday, July 12th. Chardan Capital cut shares of Regulus Therapeutics from a “buy” rating to a “neutral” rating in a report on Wednesday, August 2nd. Needham & Company LLC restated a “hold” rating on shares of Regulus Therapeutics in a report on Wednesday, August 2nd. Finally, Wedbush restated an “ourperform” rating and issued a $4.00 target price on shares of Regulus Therapeutics in a report on Monday, August 7th. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $3.67.
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In other Regulus Therapeutics news, insider Joseph P. Hagan purchased 219,780 shares of the firm’s stock in a transaction that occurred on Tuesday, July 25th. The stock was purchased at an average price of $0.91 per share, for a total transaction of $199,999.80. Following the purchase, the insider now directly owns 241,297 shares in the company, valued at $219,580.27. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Daniel R. Chevallard purchased 54,945 shares of the firm’s stock in a transaction that occurred on Tuesday, July 25th. The shares were acquired at an average price of $0.91 per share, with a total value of $49,999.95. Following the purchase, the chief financial officer now owns 59,415 shares in the company, valued at $54,067.65. The disclosure for this purchase can be found here. In the last quarter, insiders have purchased 549,450 shares of company stock valued at $500,000. 4.80% of the stock is owned by company insiders.
Regulus Therapeutics Company Profile
Regulus Therapeutics Inc is a biopharmaceutical company focused on discovering and developing drugs that target microRNAs to treat a range of diseases. The Company uses its microRNA product platform to develop chemically modified, single-stranded oligonucleotides that the Company calls anti-miRs to modulate microRNAs and return diseased cells to their healthy state.
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