The price of Schrodinger Inc (NASDAQ: SDGR) closed at $25.51 in the last session, down -4.71% from day before closing price of $26.77. In other words, the price has decreased by -$1.26 from its previous closing price. On the day, 564537 shares were traded.
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 4.25 and its Current Ratio is at 4.25. In the meantime, Its Debt-to-Equity ratio is 0.23 whereas as Long-Term Debt/Eq ratio is at 0.20.
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 1.94B and an Enterprise Value of 1.60B. As of this moment, Schrodinger’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.16. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.51 while its Price-to-Book (P/B) ratio in mrq is 3.35. Its current Enterprise Value per Revenue stands at 7.39 whereas that against EBITDA is -9.31.
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 27.48, while the 200-Day Moving Average is calculated to be 33.42.
Shares Statistics:
According to the various share statistics, SDGR traded on average about 901.89K shares per day over the past 3-months and 881.29k shares per day over the past 10 days. A total of 62.98M shares are outstanding, with a floating share count of 61.59M. Insiders hold about 14.82% of the company’s shares, while institutions hold 80.85% stake in the company. Shares short for SDGR as of Feb 29, 2024 were 5.41M with a Short Ratio of 6.00, compared to 5.48M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.48% and a Short% of Float of 9.90%.
Earnings Estimates
The company has 7 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.76 for the current quarter, with a high estimate of -$0.69 and a low estimate of -$0.86, while EPS last year was $1.75. The consensus estimate for the next quarter is -$0.82, with high estimates of -$0.75 and low estimates of -$0.91.
Analysts are recommending an EPS of between -$2.34 and -$3.11 for the fiscal current year, implying an average EPS of -$2.8. EPS for the following year is -$2.46, with 8 analysts recommending between -$1.83 and -$3.08.
Revenue Estimates
According to 8 analysts, the current quarter’s revenue is expected to be $41.54M. It ranges from a high estimate of $43.71M to a low estimate of $39.32M. As of the current estimate, Schrodinger Inc’s year-ago sales were $64.78M, an estimated decrease of -35.90% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $40.72M, an increase of 7.50% over than the figure of -$35.90% in the same quarter last year. There is a high estimate of $48.2M for the next quarter, whereas the lowest estimate is $36.52M.
A total of 10 analysts have provided revenue estimates for SDGR’s current fiscal year. The highest revenue estimate was $212.12M, while the lowest revenue estimate was $200.88M, resulting in an average revenue estimate of $206.67M. In the same quarter a year ago, actual revenue was $216.67M, down -4.60% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $288.92M in the next fiscal year. The high estimate is $440.1M and the low estimate is $219.17M. The average revenue growth estimate for next year is up 39.80% from the average revenue estimate for this year.
