Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Schrodinger Inc’s stock clocked out at $21.09, up 1.05% from its previous closing price of $20.87. In other words, the price has increased by $1.05 from its previous closing price. On the day, 0.51 million shares were traded. SDGR stock price reached its highest trading level at $21.7 during the session, while it also had its lowest trading level at $21.04.
Ratios:
To gain a deeper understanding of SDGR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.11 and its Current Ratio is at 4.11. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.23.
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, Leerink Partners on July 02, 2024, initiated with a Outperform rating and assigned the stock a target price of $29.
On December 05, 2023, KeyBanc Capital Markets started tracking the stock assigning a Overweight rating and target price of $38.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 15 ’24 when Dugan Margaret sold 1,531 shares for $17.78 per share. The transaction valued at 27,226 led to the insider holds 13,469 shares of the business.
Dugan Margaret bought 1,531 shares of SDGR for $27,226 on Oct 15 ’24. On Mar 04 ’24, another insider, Porges Geoffrey Craig, who serves as the EVP & CFO of the company, sold 3,315 shares for $26.35 each. As a result, the insider received 87,360 and left with 5,685 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 1536592128 and an Enterprise Value of 1268056448. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.12 while its Price-to-Book (P/B) ratio in mrq is 3.42. Its current Enterprise Value per Revenue stands at 6.558 whereas that against EBITDA is -5.969.
Stock Price History:
The Beta on a monthly basis for SDGR is 1.58, which has changed by -0.3121292 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, SDGR has reached a high of $33.63, while it has fallen to a 52-week low of $16.67. The 50-Day Moving Average of the stock is 4.92%, while the 200-Day Moving Average is calculated to be -0.31%.
Shares Statistics:
It appears that SDGR traded 719.68K shares on average per day over the past three months and 635590 shares per day over the past ten days. A total of 63.68M shares are outstanding, with a floating share count of 62.05M. Insiders hold about 14.76% of the company’s shares, while institutions hold 84.68% stake in the company. Shares short for SDGR as of 1734048000 were 9004048 with a Short Ratio of 12.51, compared to 1731628800 on 9333475. Therefore, it implies a Short% of Shares Outstanding of 9004048 and a Short% of Float of 22.670001.
