During the last session, Schrodinger Inc. (NASDAQ:SDGR)’s traded shares were 1.46 million. At the end of the trading day, the stock’s price was $22.49, reflecting an intraday gain of 5.14% or $1.1. The 52-week high for the SDGR share is $79.75, that puts it down -254.6 from that peak though still a striking 6.58% gain since the share price plummeted to a 52-week low of $21.01. The company’s market capitalization is $1.58B, and the average trade volume was 791.97K shares over the past three months.
Schrodinger Inc. (SDGR) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.10. SDGR has a Sell rating from 0 analyst(s) out of 8 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.58.
Schrodinger Inc. (NASDAQ:SDGR) trade information
Schrodinger Inc. (SDGR) registered a 5.14% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 5.14% in intraday trading to $22.49 this Thursday, 05/12/22, hitting a weekly high. The stock’s 5-day price performance is -8.84%, and it has moved by -28.15% in 30 days. Based on these gigs, the overall price performance for the year is -61.89%.
The consensus price target of analysts on Wall Street is $64.38, which implies an increase of 65.07% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $34.00 and $88.00 respectively. As a result, SDGR is trading at a discount of -291.29% off the target high and -51.18% off the low.
Schrodinger Inc. (SDGR) estimates and forecasts
Statistics show that Schrodinger Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Schrodinger Inc. (SDGR) shares have gone down -56.04% during the last six months, with a year-to-date growth rate less than the industry average at -42.25% against 1.30. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to shrink -18.40% this quarter and then drop -24.50% in the quarter after that. In the rating firms’ projections, revenue will increase 27.50% compared to the previous financial year.
Revenue for the current quarter is expected to be $35.33 million as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to $36.87 million by the end of Sep 2022.
While earnings are projected to return -248.90% in 2022.
Schrodinger Inc. is due to release its next quarterly earnings between August 10 and August 15. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Schrodinger Inc. (NASDAQ:SDGR)’s Major holders
Schrodinger Inc. insiders own 6.48% of total outstanding shares while institutional holders control 73.18%, with the float percentage being 78.25%. Bill & Melinda Gates Foundation Trust is the largest shareholder of the company, while 311 institutions own stock in it. As of Dec 30, 2021, the company held over 6.98 million shares (or 11.27% of all shares), a total value of $243.17 million in shares.
The next largest institutional holding, with 4.82 million shares, is of Vanguard Group, Inc. (The)’s that is approximately 7.77% of outstanding shares. At the market price on Dec 30, 2021, these shares were valued at $167.71 million.
Also, the Mutual Funds coming in first place with the largest holdings of Schrodinger Inc. (SDGR) shares are ARK ETF Tr-ARK Genomic Revolution ETF and Vanguard Total Stock Market Index Fund. Data provided on Feb 27, 2022 indicates that ARK ETF Tr-ARK Genomic Revolution ETF owns about 2.93 million shares. This amounts to just over 4.72 percent of the company’s overall shares, with a $101.69 million market value. The same data shows that the other fund manager holds slightly less at 1.5 million, or about 2.41% of the stock, which is worth about $52.08 million.