In last trading session, Schrodinger Inc (NASDAQ:SDGR) saw 0.38 million shares changing hands with its beta currently measuring 1.55. Company’s recent per share price level of $22.23 trading at $0.22 or 1.00% at ring of the bell on the day assigns it a market valuation of $1.62B. That closing price of SDGR’s stock is at a discount of -70.94% from its 52-week high price of $38.00 and is indicating a premium of 25.01% from its 52-week low price of $16.67. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.93 million shares which gives us an average trading volume of 702.29K if we extend that period to 3-months.
For Schrodinger Inc (SDGR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.40. Splitting up the data highlights that, out of 5 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.4 in the current quarter.
Schrodinger Inc (NASDAQ:SDGR) trade information
Upright in the green during last session for gaining 1.00%, in the last five days SDGR remained trading in the green while hitting it’s week-highest on Friday, 11/29/24 when the stock touched $22.23 price level, adding 2.5% to its value on the day. Schrodinger Inc’s shares saw a change of -37.91% in year-to-date performance and have moved 9.13% in past 5-day. Schrodinger Inc (NASDAQ:SDGR) showed a performance of 26.45% in past 30-days. Number of shares sold short was 9.33 million shares which calculate 11.14 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 28.5 to the stock, which implies a rise of 22.0% to its current value. Analysts have been projecting 27 as a low price target for the stock while placing it at a high target of 30. It follows that stock’s current price would drop -21.46% in reaching the projected high whereas dropping to the targeted low would mean a loss of -21.46% for stock’s current value.
Schrodinger Inc (SDGR) estimates and forecasts
Statistics highlight that Schrodinger Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 3.30% of value to its shares in past 6 months, showing an annual growth rate of -524.07% while that of industry is 24.60. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -6.23% from the last financial year’s standing.
10 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 83.19M for the same. And 4 analysts are in estimates of company making revenue of 48.13M in the next quarter. Company posted 74.1M and 36.6M of sales in current and next quarters respectively a year earlier.
In 2024, company’s earnings growth rate is likely to be around -538.96% while estimates for its earnings growth in next 5 years are of -4.30%.
Schrodinger Inc (NASDAQ:SDGR)’s Major holders
Insiders are in possession of 2.39% of company’s total shares while institution are holding 96.24 percent of that, with stock having share float percentage of 98.59%. Investors also watch the number of corporate investors in a company very closely, which is 96.24% institutions for Schrodinger Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at SDGR for having 8.52 million shares of worth $164.69 million. And as of 2024-06-30, it was holding 11.7797 of the company’s outstanding shares.
The second largest institutional holder is BILL & MELINDA GATES FOUNDATION TRUST, which was holding about 6.98 million shares on 2024-06-30. The number of shares represents firm’s hold over 9.6577 of outstanding shares, having a total worth of $135.03 million.
On the other hand, iShares Core S&P Smallcap ETF and ARK ETF Tr-ARK Genomic Revolution ETF are the top two Mutual Funds which own company’s shares. As of Aug 31, 2024 , the former fund manager was holding 3.73 shares of worth $84.08 million or 5.85% of the total outstanding shares. The later fund manager was in possession of 2.27 shares on Oct 31, 2024 , making its stake of worth around $51.18 million in the company or a holder of 3.56% of company’s stock.
