Is Societal CDMO Inc (NASDAQ:SCTL) Expensive At $0.33? Here’s How To Know.

In recent trading session, Societal CDMO Inc (NASDAQ:SCTL) saw 1.57 million shares changing hands at last check today with its beta currently measuring 0.94. Company’s recent per share price level of $0.33 trading at $0.02 or 9.49% at last check today assigns it a market valuation of $35.05M. That most recent trading price of SCTL’s stock is at a discount of -463.64% from its 52-week high price of $1.86 and is indicating a premium of 21.21% from its 52-week low price of $0.26. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.58 million shares which gives us an average trading volume of 412.20K if we extend that period to 3-months.

For Societal CDMO Inc (SCTL), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.01 in the current quarter.

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Societal CDMO Inc (NASDAQ:SCTL) trade information

Upright in the green today for gaining 9.49%, in the last five days SCTL remained trading in the green while hitting it’s week-highest on Tuesday, 11/14/23 when the stock touched $0.33 price level, adding 10.81% to its value on the day. Societal CDMO Inc’s shares saw a change of -77.55% in year-to-date performance and have moved 4.53% in past 5-day. Societal CDMO Inc (NASDAQ:SCTL) showed a performance of -12.09% in past 30-days. Number of shares sold short was 0.13 million shares which calculate 0.53 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of $1.86 to the stock, which implies a rise of 82.26% to its recent value today. Analysts have been projecting $1.00 as a low price target for the stock while placing it at a high target of $4.00. It follows that stock’s current price would drop -1112.12% in reaching the projected high whereas dropping to the targeted low would mean a loss of -203.03% for stock’s current value.

Societal CDMO Inc (SCTL) estimates and forecasts

Statistics highlight that Societal CDMO Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -55.40% of value to its shares in past 6 months, showing an annual growth rate of 40.00% while that of industry is 14.90. Apart from that, the company came raising its revenue forecast for fiscal year 2023. The company is estimating its revenue growth to increase by 93.30% in the current quarter and calculating 50.00% increase in the next quarter. This year revenue growth is estimated to rise 2.40% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $25.48 million for the same. And 3 analysts are in estimates of company making revenue of $21.82 million in the next quarter that will end on Mar 2024. Company posted $24.28 million and $21.53 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 4.90% while estimating it to be 1.40% for the next quarter.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 33.44% during past 5 years. In 2023, company’s earnings growth rate is likely to be around 59.80% while estimates for its earnings growth in next 5 years are of 15.00%.

SCTL Dividends

Societal CDMO Inc is more likely to be releasing its next quarterly report in December and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Societal CDMO Inc (NASDAQ:SCTL)’s Major holders

Insiders are in possession of 9.25% of company’s total shares while institution are holding 63.33 percent of that, with stock having share float percentage of 69.78%. Investors also watch the number of corporate investors in a company very closely, which is 63.33% institutions for Societal CDMO Inc that are currently holding shares of the company. First Light Asset Management, LLC is the top institutional holder at SCTL for having 13.41 million shares of worth $14.75 million. And as of Jun 29, 2023, it was holding 14.87% of the company’s outstanding shares.

The second largest institutional holder is AWM Investment Company, Inc., which was holding about 10.13 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 11.24% of outstanding shares, having a total worth of $11.14 million.

On the other hand, Vanguard Total Stock Market Index Fund and Royce Opportunity Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 2.06 million shares of worth $2.27 million or 2.29% of the total outstanding shares. The later fund manager was in possession of 1.62 million shares on Jun 29, 2023, making its stake of worth around $1.78 million in the company or a holder of 1.80% of company’s stock.

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