The stock price of Schrodinger Inc (NASDAQ: SDGR) has jumped by 4.66 compared to previous close of 24.89. Despite this, the company has seen a fall of -2.18% in its stock price over the last five trading days. InvestorPlace reported 2024-04-02 that What has been the top-performing stock so far of 2024? If you had said server installer Super Micro Computer (NASDAQ: SMCI ), that would be a great answer.
Is It Worth Investing in Schrodinger Inc (NASDAQ: SDGR) Right Now?
Schrodinger Inc (NASDAQ: SDGR) has a higher price-to-earnings ratio of 50.20x compared to its average ratio, The 36-month beta value for SDGR is at 1.57. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for SDGR is 61.59M, and currently, shorts hold a 9.62% of that float. The average trading volume for SDGR on April 05, 2024 was 901.40K shares.
SDGR’s Market Performance
SDGR stock saw an increase of -2.18% in the past week, with a monthly gain of 5.30% and a quarterly increase of -19.62%. The volatility ratio for the week is 4.27%, and the volatility levels for the last 30 days are 4.68% for Schrodinger Inc (SDGR). The simple moving average for the past 20 days is -0.52% for SDGR’s stock, with a -21.07% simple moving average for the past 200 days.
Analysts’ Opinion of SDGR
Many brokerage firms have already submitted their reports for SDGR stocks, with KeyBanc Capital Markets repeating the rating for SDGR by listing it as a “Overweight.” The predicted price for SDGR in the upcoming period, according to KeyBanc Capital Markets is $38 based on the research report published on December 05, 2023 of the previous year 2023.
Piper Sandler, on the other hand, stated in their research note that they expect to see SDGR reach a price target of $60. The rating they have provided for SDGR stocks is “Overweight” according to the report published on May 05th, 2023.
Goldman gave a rating of “Neutral” to SDGR, setting the target price at $23 in the report published on December 19th of the previous year.
SDGR Trading at -4.73% from the 50-Day Moving Average
After a stumble in the market that brought SDGR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -56.03% of loss for the given period.
Volatility was left at 4.68%, however, over the last 30 days, the volatility rate increased by 4.27%, as shares surge +5.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.54% lower at present.
During the last 5 trading sessions, SDGR fell by -2.18%, which changed the moving average for the period of 200-days by -43.34% in comparison to the 20-day moving average, which settled at $26.25. In addition, Schrodinger Inc saw -27.23% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at SDGR starting from Porges Geoffrey Craig, who sale 3,315 shares at the price of $26.35 back on Mar 04 ’24. After this action, Porges Geoffrey Craig now owns 5,685 shares of Schrodinger Inc, valued at $87,360 using the latest closing price.
Abel Robert Lorne, the of Schrodinger Inc, sale 1,205 shares at $27.55 during a trade that took place back on Feb 12 ’24, which means that Abel Robert Lorne is holding 9,340 shares at $33,198 based on the most recent closing price.
Stock Fundamentals for SDGR
Current profitability levels for the company are sitting at:
- -0.82 for the present operating margin
- 0.65 for the gross margin
The net margin for Schrodinger Inc stands at 0.19. The total capital return value is set at -0.27. Equity return is now at value 8.17, with 5.46 for asset returns.
Based on Schrodinger Inc (SDGR), the company’s capital structure generated 0.19 points at debt to capital in total, while cash flow to debt ratio is standing at -1.07. The debt to equity ratio resting at 0.23. The interest coverage ratio of the stock is 0.95.
Currently, EBITDA for the company is -171.9 million with net debt to EBITDA at 0.14. When we switch over and look at the enterprise to sales, we see a ratio of 8.54. The receivables turnover for the company is 2.43for trailing twelve months and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.25.
Conclusion
In conclusion, Schrodinger Inc (SDGR) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
