Schrodinger Inc. [NASDAQ: SDGR] gained 9.72% on the last trading session, reaching $57.81 price per share at the time. The company report on November 13, 2020 that Schrödinger, Inc. Reports Third Quarter 2020 Financial Results and Business Update.
Total revenue of $25.8 million, up 29% year-over-year;.
Software revenue of $22.9 million, up 42% year-over-year.
Schrodinger Inc. represents 66.34 million in outstanding shares, while the company has a total market value of $3.57 billion with the latest information. SDGR stock price has been found in the range of $53.57 to $58.09.
If compared to the average trading volume of 1.37M shares, SDGR reached a trading volume of 1338436 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Schrodinger Inc. [SDGR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SDGR shares is $87.75 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SDGR stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for Schrodinger Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 12, 2020. While these analysts kept the previous recommendation, Morgan Stanley raised their target price to Equal-Weight. The new note on the price target was released on March 02, 2020, representing the official price target for Schrodinger Inc. stock. Previously, the target price had yet another raise to $42, while Jefferies analysts kept a Hold rating on SDGR stock.
The Average True Range (ATR) for Schrodinger Inc. is set at 3.56, with the Price to Sales ratio for SDGR stock in the period of the last 12 months amounting to 35.41. The Price to Book ratio for the last quarter was 6.08, with the Price to Cash per share for the same quarter was set at 9.69.
Trading performance analysis for SDGR stock
Schrodinger Inc. [SDGR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.18. With this latest performance, SDGR shares gained by 3.47% in over the last four-week period, additionally sinking by -2.10% over the last 6 months .
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SDGR stock in for the last two-week period is set at 57.66, with the RSI for the last a single of trading hit 62.49, and the three-weeks RSI is set at 53.68 for Schrodinger Inc. [SDGR]. The present Moving Average for the last 50 days of trading for this stock 53.60, while it was recorded at 53.15 for the last single week of trading.
Schrodinger Inc. [SDGR]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Schrodinger Inc. [SDGR] shares currently have an operating margin of -45.26 and a Gross Margin at +54.20. Schrodinger Inc.’s Net Margin is presently recorded at -28.72.
Return on Total Capital for SDGR is now -38.17, given the latest momentum, and Return on Invested Capital for the company is -24.92. Additionally, SDGR Total Debt to Total Capital is recorded at 182.85, with Total Debt to Total Assets ending up at 132.71.
Reflecting on the efficiency of the workforce at the company, Schrodinger Inc. [SDGR] managed to generate an average of -$62,363 per employee. Receivables Turnover for the company is 3.91 with a Total Asset Turnover recorded at a value of 0.62.Schrodinger Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 15.80 and a Current Ratio set at 15.80.
Schrodinger Inc. [SDGR]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Schrodinger Inc. posted -1.11/share EPS, while the average EPS was predicted by analysts to be reported at -0.26/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -326.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SDGR.
An analysis of insider ownership at Schrodinger Inc. [SDGR]
There are presently around $1,624 million, or 42.40% of SDGR stock, in the hands of institutional investors. The top three institutional holders of SDGR stocks are: BILL & MELINDA GATES FOUNDATION TRUST with ownership of 6,981,664, which is approximately 0% of the company’s market cap and around 10.70% of the total institutional ownership; CREDIT SUISSE AG/, holding 2,013,655 shares of the stock with an approximate value of $116.41 million in SDGR stocks shares; and BLACKROCK INC., currently with $116.06 million in SDGR stock with ownership of nearly 93.822% of the company’s market capitalization.
Positions in Schrodinger Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 98 institutional holders increased their position in Schrodinger Inc. [NASDAQ:SDGR] by around 6,994,061 shares. Additionally, 55 investors decreased positions by around 1,696,499 shares, while 19 investors held positions by with 19,396,101 shares. The mentioned changes placed institutional holdings at 28,086,661 shares, according to the latest SEC report filing. SDGR stock had 42 new institutional investments in for a total of 1,254,769 shares, while 31 institutional investors sold positions of 1,294,866 shares during the same period.