Deeper Dive: Understanding Schrodinger Inc (SDGR) Through its Various Ratios

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

The price of Schrodinger Inc (NASDAQ: SDGR) closed at $23.25 in the last session, up 0.30% from day before closing price of $23.18. In other words, the price has increased by $0.30 from its previous closing price. On the day, 0.71 million shares were traded. SDGR stock price reached its highest trading level at $24.6 during the session, while it also had its lowest trading level at $22.93.

Ratios:

We take a closer look at SDGR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.64 and its Current Ratio is at 4.64. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.21.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, KeyBanc Capital Markets on December 05, 2023, initiated with a Overweight rating and assigned the stock a target price of $38.

On December 19, 2022, Goldman started tracking the stock assigning a Neutral rating and target price of $23.Goldman initiated its Neutral rating on December 19, 2022, with a $23 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 04 ’24 when Porges Geoffrey Craig sold 3,315 shares for $26.35 per share. The transaction valued at 87,360 led to the insider holds 5,685 shares of the business.

Abel Robert Lorne sold 1,205 shares of SDGR for $33,198 on Feb 12 ’24. The insider now owns 9,340 shares after completing the transaction at $27.55 per share. On Feb 12 ’24, another insider, Lorton Kenneth Patrick, who serves as the EVP, CTO & COO, Software of the company, sold 901 shares for $28.29 each. As a result, the insider received 25,489 and left with 36,487 shares of the company.

Valuation Measures:

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 1684708992 and an Enterprise Value of 1384631808. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.97 while its Price-to-Book (P/B) ratio in mrq is 3.29. Its current Enterprise Value per Revenue stands at 7.346 whereas that against EBITDA is -6.62.

Stock Price History:

Over the past 52 weeks, SDGR has reached a high of $59.24, while it has fallen to a 52-week low of $20.76. The 50-Day Moving Average of the stock is -8.42%, while the 200-Day Moving Average is calculated to be -21.42%.

Shares Statistics:

According to the various share statistics, SDGR traded on average about 932.77K shares per day over the past 3-months and 1024480 shares per day over the past 10 days. A total of 62.98M shares are outstanding, with a floating share count of 62.02M. Insiders hold about 14.67% of the company’s shares, while institutions hold 80.95% stake in the company. Shares short for SDGR as of 1714435200 were 7013509 with a Short Ratio of 7.52, compared to 1711584000 on 6236495. Therefore, it implies a Short% of Shares Outstanding of 7013509 and a Short% of Float of 17.740000000000002.

Most Popular

[the_ad id="945"]