Regulus Therapeutics (RGLS) Posts Earnings Results, Misses Estimates By $0.06 EPS

Regulus Therapeutics (NASDAQ:RGLS) posted its quarterly earnings data on Monday. The biopharmaceutical company reported ($0.98) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.92) by ($0.06), MarketWatch Earnings reports. Regulus Therapeutics had a negative return on equity of 311.60% and a negative net margin of 75,823.62%.

Shares of RGLS opened at $1.12 on Tuesday. Regulus Therapeutics has a twelve month low of $0.80 and a twelve month high of $10.44. The firm has a market capitalization of $10.24 million, a PE ratio of -0.10 and a beta of 2.26.

A number of research firms recently weighed in on RGLS. Wedbush set a $2.00 price objective on shares of Regulus Therapeutics and gave the stock a “hold” rating in a research report on Friday, January 25th. Zacks Investment Research cut shares of Regulus Therapeutics from a “hold” rating to a “sell” rating in a research report on Friday, January 11th. One equities research analyst has rated the stock with a sell rating and six have issued a hold rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $1.38.

In other news, Director Stelios Papadopoulos acquired 50,000 shares of Regulus Therapeutics stock in a transaction dated Friday, December 28th. The shares were acquired at an average cost of $1.09 per share, for a total transaction of $54,500.00. Following the acquisition, the director now owns 835,073 shares of the company’s stock, valued at $910,229.57. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 5.40% of the stock is currently owned by company insiders.

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Regulus Therapeutics Company Profile

Regulus Therapeutics Inc, a clinical stage biopharmaceutical company, engages in the discovery and development of medicines that target microRNAs to treat a range of diseases in the United States and Europe. Its two lead product candidates, RG-012 and RGLS4326, are in clinical development. RG-012 is an anti-miR targeting miR-21 in Phase II clinical trial for the treatment of Alport syndrome, a life-threatening kidney disease.

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Earnings History for Regulus Therapeutics (NASDAQ:RGLS)

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