Equities Analysts Offer Predictions for Regulus Therapeutics Inc’s FY2022 Earnings (RGLS)

Regulus Therapeutics Inc (NASDAQ:RGLS) – Research analysts at Wedbush issued their FY2022 EPS estimates for shares of Regulus Therapeutics in a note issued to investors on Thursday. Wedbush analyst L. Moussatos anticipates that the biopharmaceutical company will earn $0.47 per share for the year. Wedbush has a “Outperform” rating and a $4.00 price objective on the stock.

A number of other research analysts have also recently issued reports on RGLS. Zacks Investment Research cut shares of Regulus Therapeutics from a “buy” rating to a “hold” rating in a research note on Thursday, January 18th. Chardan Capital reissued a “neutral” rating on shares of Regulus Therapeutics in a research note on Tuesday, January 16th. Leerink Swann began coverage on shares of Regulus Therapeutics in a research note on Friday, January 5th. They issued an “outperform” rating and a $2.00 price objective on the stock. Finally, Needham & Company LLC reissued a “hold” rating on shares of Regulus Therapeutics in a research note on Tuesday, November 14th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. Regulus Therapeutics has a consensus rating of “Hold” and an average price target of $2.50.

Shares of Regulus Therapeutics (NASDAQ:RGLS) traded up $0.08 during trading hours on Monday, reaching $1.24. 302,000 shares of the company were exchanged, compared to its average volume of 585,458. The company has a market capitalization of $130.98, a PE ratio of -0.94 and a beta of 1.72. The company has a debt-to-equity ratio of 0.41, a current ratio of 6.77 and a quick ratio of 6.77. Regulus Therapeutics has a fifty-two week low of $0.79 and a fifty-two week high of $1.95.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. BVF Inc. IL grew its stake in shares of Regulus Therapeutics by 7.9% during the fourth quarter. BVF Inc. IL now owns 13,974,249 shares of the biopharmaceutical company’s stock worth $14,533,000 after buying an additional 1,025,020 shares during the last quarter. Renaissance Technologies LLC lifted its holdings in shares of Regulus Therapeutics by 215.7% during the fourth quarter. Renaissance Technologies LLC now owns 137,589 shares of the biopharmaceutical company’s stock worth $143,000 after purchasing an additional 94,000 shares during the period. Ascend Capital LLC acquired a new position in shares of Regulus Therapeutics during the fourth quarter worth $1,053,000. Victory Capital Management Inc. lifted its holdings in shares of Regulus Therapeutics by 18.2% during the fourth quarter. Victory Capital Management Inc. now owns 327,770 shares of the biopharmaceutical company’s stock worth $341,000 after purchasing an additional 50,530 shares during the period. Finally, GSA Capital Partners LLP lifted its holdings in Regulus Therapeutics by 44.8% in the third quarter. GSA Capital Partners LLP now owns 203,815 shares of the biopharmaceutical company’s stock valued at $255,000 after buying an additional 63,100 shares during the period. 59.32% of the stock is currently owned by hedge funds and other institutional investors.

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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.

Earnings History and Estimates for Regulus Therapeutics (NASDAQ:RGLS)

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