Schrodinger Inc. [NASDAQ: SDGR] traded at a low on 11/25/20, posting a -3.90 loss after which it closed the day’ session at $63.60. The company report on November 23, 2020 that Schrödinger Announces a Multi-Target Drug Discovery, Development, and Commercialization Collaboration with Bristol Myers Squibb.
Schrödinger to receive $55 million upfront; eligible to receive up to $2.7 billion in milestone payments plus royalties.
Schrödinger, Inc. (Nasdaq: SDGR), whose physics-based software platform is transforming the way therapeutics and materials are discovered, announced a discovery collaboration with Bristol Myers Squibb Company (NYSE: BMY) to discover, develop, and commercialize therapeutics in multiple disease areas.
The results of the trading session contributed to over 1384989 shares changing hands. Over the past one week, the price volatility of Schrodinger Inc. stands at 6.93% while the volatility over the past one month is 6.67%.
The market cap for SDGR stock reached $4.27 billion, with 66.34 million shares outstanding and 25.47 million shares in the current float. Compared to the average trading volume of 1.30M shares, SDGR reached a trading volume of 1384989 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 $83.00 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.
BofA Securities have made an estimate for Schrodinger Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 23, 2020. The new note on the price target was released on October 12, 2020, representing the official price target for Schrodinger Inc. stock. Previously, the target price had yet another raise to $43, while Morgan Stanley analysts kept a Equal-Weight rating on SDGR stock.
The Average True Range (ATR) for Schrodinger Inc. is set at 3.91, with the Price to Sales ratio for SDGR stock in the period of the last 12 months amounting to 42.33. The Price to Book ratio for the last quarter was 6.69, with the Price to Cash per share for the same quarter was set at 8.92.
How has SDGR stock performed recently?
Schrodinger Inc. [SDGR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.13. With this latest performance, SDGR shares gained by 6.66% in over the last four-week period, additionally sinking by -7.09% 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 62.35, with the RSI for the last a single of trading hit 62.81, and the three-weeks RSI is set at 57.76 for Schrodinger Inc. [SDGR]. The present Moving Average for the last 50 days of trading for this stock 54.87, while it was recorded at 63.32 for the last single week of trading, and 58.00 for the last 200 days.
Schrodinger Inc. [SDGR]: Deeper insight into the fundamentals
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.
Earnings analysis for Schrodinger Inc. [SDGR]
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.
Insider trade positions for Schrodinger Inc. [SDGR]
There are presently around $1,824 million, or 51.50% 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 4,981,664, which is approximately -28.646% of the company’s market cap and around 10.40% of the total institutional ownership; VANGUARD GROUP INC, holding 3,290,077 shares of the stock with an approximate value of $209.25 million in SDGR stocks shares; and CREDIT SUISSE AG/, currently with $128.07 million in SDGR stock with ownership of nearly 121.868% 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 118 institutional holders increased their position in Schrodinger Inc. [NASDAQ:SDGR] by around 11,789,906 shares. Additionally, 56 investors decreased positions by around 5,956,846 shares, while 14 investors held positions by with 10,927,768 shares. The mentioned changes placed institutional holdings at 28,674,520 shares, according to the latest SEC report filing. SDGR stock had 53 new institutional investments in for a total of 3,827,196 shares, while 34 institutional investors sold positions of 2,126,237 shares during the same period.