Schrodinger Inc (NASDAQ:SDGR)’s traded shares stood at 0.61 million during the last session, with the company’s beta value hitting 1.61. At the close of trading, the stock’s price was $25.67, to imply a decrease of -0.85% or -$0.22 in intraday trading. The SDGR share’s 52-week high remains $33.63, putting it -31.01% down since that peak but still an impressive 35.06% since price per share fell to its 52-week low of $16.67. The company has a valuation of $1.87B, with an average of 1.03 million shares in intraday trading volume over the past 10 days and average of 848.46K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Schrodinger Inc (SDGR), translating to a mean rating of 1.55. Of 5 analyst(s) looking at the stock, 1 analyst(s) give SDGR a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.38.
Schrodinger Inc (NASDAQ:SDGR) trade information
After registering a -0.85% downside in the last session, Schrodinger Inc (SDGR) has traded red over the past five days. The 5-day price performance for the stock is 2.37%, and 21.37% over 30 days. With these gigs, the year-to-date price performance is 33.07%. Short interest in Schrodinger Inc (NASDAQ:SDGR) saw shorts transact 9.82 million shares and set a 15.49 days time to cover.
The extremes give us $27 and $30 for target low and target high price respectively. As such, SDGR has been trading -16.87% off suggested target high and -5.18% from its likely low.
Schrodinger Inc (SDGR) estimates and forecasts
The rating firms project that company’s revenue will shrink -6.67% compared to the previous financial year.
Revenue forecast for the current quarter as set by 10 analysts is 83.2M. Meanwhile, for the current quarter, a total of 4 analyst(s) estimate revenue growth to 50.07M.Earnings reports from the last fiscal year show that sales brought in 74.1M and 36.6M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 12.28% before jumping 36.82% in the following quarter.
SDGR Dividends
Schrodinger Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Schrodinger Inc (NASDAQ:SDGR)’s Major holders
Schrodinger Inc insiders hold 2.42% of total outstanding shares, with institutional holders owning 99.11% of the shares at 101.56% float percentage. In total, 99.11% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 8.52 million shares (or 11.7797% of shares), all amounting to roughly $164.69 million.
The next major institution holding the largest number of shares is BILL & MELINDA GATES FOUNDATION TRUST with 6.98 million shares, or about 9.6577% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $135.03 million.
We also have iShares Core S&P Smallcap ETF and ARK ETF Tr-ARK Genomic Revolution ETF as the top two Mutual Funds with the largest holdings of the Schrodinger Inc (SDGR) shares. Going by data provided on Nov 30, 2024 , iShares Core S&P Smallcap ETF holds roughly 3.57 shares. This is just over 5.61% of the total shares, with a market valuation of $91.68 million. Data from the same date shows that the other fund manager holds a little less at 2.37, or 3.73% of the shares, all valued at about 60.94 million.
