After finishing at $38.52 in the prior trading day, Schrodinger Inc. (NASDAQ: SDGR) closed at $37.13, down -3.61%. In other words, the price has decreased by -$1.39 from its previous closing price. On the day, 1272496 shares were traded. SDGR stock price reached its highest trading level at $38.13 during the session, while it also had its lowest trading level at $36.52.
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Our goal is to gain a better understanding of SDGR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.90 and its Current Ratio is at 4.90. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 23 when Lorton Kenneth Patrick sold 10,000 shares for $40.06 per share. The transaction valued at 400,587 led to the insider holds 47,388 shares of the business.
Tran Yvonne sold 7,960 shares of SDGR for $318,461 on May 23. The EVP, CLO & CPO now owns 12,721 shares after completing the transaction at $40.01 per share. On May 22, another insider, Tran Yvonne, who serves as the EVP, CLO & CPO of the company, sold 15,000 shares for $35.04 each. As a result, the insider received 525,632 and left with 12,721 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SDGR now has a Market Capitalization of 1.98B and an Enterprise Value of 1.64B. As of this moment, Schrodinger’s Price-to-Earnings (P/E) ratio for their current fiscal year is 269.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.54 while its Price-to-Book (P/B) ratio in mrq is 4.50. Its current Enterprise Value per Revenue stands at 8.35 whereas that against EBITDA is -11.46.
Stock Price History:
Over the past 52 weeks, SDGR has reached a high of $40.69, while it has fallen to a 52-week low of $15.85. The 50-Day Moving Average of the stock is 28.25, while the 200-Day Moving Average is calculated to be 24.57.
The stock has traded on average 688.15K shares per day over the past 3-months and 1.14M shares per day over the last 10 days, according to various share statistics. A total of 71.47M shares are outstanding, with a floating share count of 58.09M. Insiders hold about 6.24% of the company’s shares, while institutions hold 78.50% stake in the company. Shares short for SDGR as of May 14, 2023 were 4.34M with a Short Ratio of 4.60M, compared to 4.1M on Apr 13, 2023. Therefore, it implies a Short% of Shares Outstanding of 6.07% and a Short% of Float of 8.05%.
Its stock is currently analyzed by 7 different market analysts. On average, analysts expect EPS of -$0.51 for the current quarter, with a high estimate of -$0.1 and a low estimate of -$0.8, while EPS last year was -$0.67. The consensus estimate for the next quarter is -$0.68, with high estimates of -$0.33 and low estimates of -$1.03.
Analysts are recommending an EPS of between $1 and -$0.02 for the fiscal current year, implying an average EPS of $0.38. EPS for the following year is -$1.76, with 8 analysts recommending between -$0.47 and -$2.63.
5 analysts predict $37.66M in revenue for the current quarter. It ranges from a high estimate of $45.93M to a low estimate of $33.63M. As of the current estimate, Schrodinger Inc.’s year-ago sales were $38.47M, an estimated decrease of -2.10% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $43.97M, an increase of 42.60% over than the figure of -$2.10% in the same quarter last year. There is a high estimate of $52.14M for the next quarter, whereas the lowest estimate is $34.96M.
A total of 8 analysts have provided revenue estimates for SDGR’s current fiscal year. The highest revenue estimate was $250M, while the lowest revenue estimate was $234.01M, resulting in an average revenue estimate of $238.31M. In the same quarter a year ago, actual revenue was $180.96M, up 31.70% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $316.51M in the next fiscal year. The high estimate is $379.3M and the low estimate is $263.6M. The average revenue growth estimate for next year is up 32.80% from the average revenue estimate for this year.