Media headlines about Renewable Energy Group (NASDAQ:REGI) have been trending somewhat positive recently, according to Accern. The research group identifies negative and positive news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Renewable Energy Group earned a news impact score of 0.16 on Accern’s scale. Accern also assigned media coverage about the oil and gas company an impact score of 47.1071140601723 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

Here are some of the media stories that may have impacted Accern’s rankings:

Shares of Renewable Energy Group (NASDAQ REGI) opened at $11.35 on Tuesday. The firm has a market cap of $439.12, a P/E ratio of 378.33 and a beta of 1.48. The company has a quick ratio of 1.17, a current ratio of 1.72 and a debt-to-equity ratio of 0.37. Renewable Energy Group has a 1-year low of $8.25 and a 1-year high of $13.55.

Renewable Energy Group (NASDAQ:REGI) last issued its earnings results on Tuesday, November 7th. The oil and gas company reported ($0.29) EPS for the quarter, topping the consensus estimate of ($0.40) by $0.11. Renewable Energy Group had a negative net margin of 1.96% and a positive return on equity of 0.38%. The company had revenue of $627.00 million for the quarter, compared to the consensus estimate of $513.88 million. During the same period in the previous year, the firm earned $0.59 earnings per share. The firm’s revenue for the quarter was up .4% on a year-over-year basis. research analysts predict that Renewable Energy Group will post -1.63 earnings per share for the current year.

Renewable Energy Group declared that its Board of Directors has approved a stock repurchase program on Thursday, December 14th that permits the company to repurchase $75.00 million in outstanding shares. This repurchase authorization permits the oil and gas company to repurchase shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

Several brokerages have issued reports on REGI. Roth Capital set a $17.00 target price on shares of Renewable Energy Group and gave the company a “buy” rating in a research report on Wednesday, August 23rd. BidaskClub lowered shares of Renewable Energy Group from a “hold” rating to a “sell” rating in a research report on Saturday. Piper Jaffray Companies set a $13.00 target price on shares of Renewable Energy Group and gave the company a “hold” rating in a research report on Wednesday, August 23rd. Finally, Zacks Investment Research upgraded shares of Renewable Energy Group from a “sell” rating to a “hold” rating in a research report on Wednesday, August 30th. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $15.33.

In other news, Director Peter John Martin Harding bought 5,000 shares of the firm’s stock in a transaction that occurred on Friday, December 15th. The shares were bought at an average cost of $11.14 per share, with a total value of $55,700.00. Following the completion of the purchase, the director now directly owns 64,136 shares in the company, valued at $714,475.04. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.54% of the stock is owned by insiders.

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Renewable Energy Group Company Profile

Renewable Energy Group, Inc is focused on providing cleaner, lower carbon intensity products and services. The Company is a producer of biomass-based diesel in North America. Its segments include Biomass-based diesel, Services, Renewable Chemicals and Corporate and other activities. It is involved in various activities related to biomass-based diesel production, from acquiring feedstock, managing construction and operating biomass-based diesel production facilities to marketing, selling and distributing biomass-based diesel and its co-products.

Insider Buying and Selling by Quarter for Renewable Energy Group (NASDAQ:REGI)

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