SmileDirectClub Inc. [NASDAQ: SDC] stock went on a downward path that fall over -4.92% on Wednesday, amounting to a one-week price increase of more than 7.44%. The company report on January 13, 2021 that SmileDirectClub Introduces Aligners with Comfort Sense™.
Company’s second-generation aligners engineered to make teeth straightening more comfortable and tooth movement more predictable.
Groundbreaking technology enables precision-cut aligners with graduated thicknesses.
Over the last 12 months, SDC stock rose by 2.48%. The one-year SmileDirectClub Inc. stock forecast points to a potential upside of 3.77. The average equity rating for SDC stock is currently 2.10, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $4.36 billion, with 111.70 million shares outstanding and 86.19 million shares in the current float. Compared to the average trading volume of 5.97M shares, SDC stock reached a trading volume of 5758573 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on SmileDirectClub Inc. [SDC]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SDC shares is $12.46 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SDC stock is a recommendation set at 2.10. 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.
Wolfe Research have made an estimate for SmileDirectClub Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 08, 2020. While these analysts kept the previous recommendation, Stifel raised their target price from $11 to $14. The new note on the price target was released on September 17, 2020, representing the official price target for SmileDirectClub Inc. stock. On July 13, 2020, analysts increased their price target for SDC shares from 9 to 11.
The Average True Range (ATR) for SmileDirectClub Inc. is set at 0.73, with the Price to Sales ratio for SDC stock in the period of the last 12 months amounting to 6.52. The Price to Book ratio for the last quarter was 4.27, with the Price to Cash per share for the same quarter was set at 1.03.
SDC Stock Performance Analysis:
SmileDirectClub Inc. [SDC] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.44. With this latest performance, SDC shares gained by 4.17% in over the last four-week period, additionally plugging by 37.03% over the last 6 months – not to mention a rise of 2.48% in the past year of trading.
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 SDC stock in for the last two-week period is set at 50.26, with the RSI for the last a single of trading hit 48.77, and the three-weeks RSI is set at 51.28 for SmileDirectClub Inc. [SDC]. The present Moving Average for the last 50 days of trading for this stock 11.42, while it was recorded at 12.15 for the last single week of trading, and 9.20 for the last 200 days.
Insight into SmileDirectClub Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and SmileDirectClub Inc. [SDC] shares currently have an operating margin of -65.33 and a Gross Margin at +74.08. SmileDirectClub Inc.’s Net Margin is presently recorded at -15.26.
Return on Total Capital for SDC is now -87.40, given the latest momentum, and Return on Invested Capital for the company is -24.28. Return on Equity for this stock declined to -36.28, with Return on Assets sitting at -15.90. When it comes to the capital structure of this company, SmileDirectClub Inc. [SDC] has a Total Debt to Total Equity ratio set at 62.60. Additionally, SDC Total Debt to Total Capital is recorded at 38.50, with Total Debt to Total Assets ending up at 23.55. Long-Term Debt to Equity for the company is recorded at 51.98, with the Long-Term Debt to Total Capital now at 31.97.
Receivables Turnover for the company is 4.25 with a Total Asset Turnover recorded at a value of 1.04.SmileDirectClub Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.90 and a Current Ratio set at 3.00.
SDC Stock EPS
With the latest financial reports released by the company, SmileDirectClub Inc. posted -0.25/share EPS, while the average EPS was predicted by analysts to be reported at -0.09/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -177.80%. 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 SDC.
SmileDirectClub Inc. [SDC] Insider Position Details
There are presently around $882 million, or 71.90% of SDC stock, in the hands of institutional investors. The top three institutional holders of SDC stocks are: CLAYTON, DUBILIER & RICE, LLC with ownership of 26,903,123, which is approximately 0% of the company’s market cap and around 0.70% of the total institutional ownership; FMR LLC, holding 7,927,944 shares of the stock with an approximate value of $95.06 million in SDC stocks shares; and VANGUARD GROUP INC, currently with $84.08 million in SDC stock with ownership of nearly 1.688% of the company’s market capitalization.
Positions in SmileDirectClub Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 90 institutional holders increased their position in SmileDirectClub Inc. [NASDAQ:SDC] by around 12,574,147 shares. Additionally, 68 investors decreased positions by around 7,377,894 shares, while 23 investors held positions by with 53,637,705 shares. The mentioned changes placed institutional holdings at 73,589,746 shares, according to the latest SEC report filing. SDC stock had 47 new institutional investments in for a total of 5,502,003 shares, while 27 institutional investors sold positions of 1,534,747 shares during the same period.