SmileDirectClub Inc. [SDC] Revenue clocked in at $510.50 million, up 80.72% YTD: What’s Next?

SmileDirectClub Inc. [NASDAQ: SDC] price surged by 11.65 percent to reach at $0.07. The company report on January 30, 2023 that SmileDirectClub to Report Fourth Quarter and Year End 2022 Results on February 28, 2023.

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David Katzman, SmileDirectClub’s Chief Executive Officer and Chairman, and Troy Crawford, SmileDirectClub’s Chief Financial Officer, will host a conference call to discuss these results on Wednesday, March 1, 2023, at 8 a.m. Eastern Time.

A sum of 5476774 shares traded at recent session while its average daily volume was at 2.77M shares. SmileDirectClub Inc. shares reached a high of $0.65 and dropped to a low of $0.58 until finishing in the latest session at $0.64.

The average equity rating for SDC stock is currently 3.30, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on SmileDirectClub Inc. [SDC]:

Loop Capital have made an estimate for SmileDirectClub Inc. shares, keeping their opinion on the stock as Sell, with their previous recommendation back on March 30, 2022. 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 January 31, 2022, representing the official price target for SmileDirectClub Inc. stock. On November 09, 2021, analysts decreased their price target for SDC shares from 6 to 5.

The Average True Range (ATR) for SmileDirectClub Inc. is set at 0.08, with the Price to Sales ratio for SDC stock in the period of the last 12 months amounting to 0.44. The Price to Book ratio for the last quarter was 0.61, with the Price to Cash per share for the same quarter was set at 0.34.

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 19.35. With this latest performance, SDC shares gained by 80.72% in over the last four-week period, additionally sinking by -47.83% over the last 6 months – not to mention a drop of -75.14% 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 60.76, with the RSI for the last a single of trading hit 65.34, and the three-weeks RSI is set at 56.88 for SmileDirectClub Inc. [SDC]. The present Moving Average for the last 50 days of trading for this stock 0.5079, while it was recorded at 0.5741 for the last single week of trading, and 1.0342 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 -39.84 and a Gross Margin at +65.46. SmileDirectClub Inc.’s Net Margin is presently recorded at -16.07.

Return on Equity for this stock declined to -42.72, with Return on Assets sitting at -12.20.

SmileDirectClub Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.00 and a Current Ratio set at 2.30.


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. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for SmileDirectClub Inc. go to 19.00%.

SmileDirectClub Inc. [SDC] Insider Position Details

There are presently around $17 million, or 22.70% of SDC stock, in the hands of institutional investors. The top three institutional holders of SDC stocks are: VANGUARD GROUP INC with ownership of 9,729,553, which is approximately 9.076% of the company’s market cap and around 0.20% of the total institutional ownership; PRENTICE CAPITAL MANAGEMENT, LP, holding 4,597,666 shares of the stock with an approximate value of $2.92 million in SDC stocks shares; and BLACKROCK INC., currently with $0.94 million in SDC stock with ownership of nearly -0.192% of the company’s market capitalization.

Positions in SmileDirectClub Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 38 institutional holders increased their position in SmileDirectClub Inc. [NASDAQ:SDC] by around 1,633,849 shares. Additionally, 73 investors decreased positions by around 9,666,585 shares, while 28 investors held positions by with 15,936,053 shares. The mentioned changes placed institutional holdings at 27,236,487 shares, according to the latest SEC report filing. SDC stock had 20 new institutional investments in for a total of 348,196 shares, while 33 institutional investors sold positions of 4,935,149 shares during the same period.


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