Schrodinger Inc (NASDAQ: SDGR)’s stock price has gone rise by 15.69 in comparison to its previous close of 19.54, however, the company has experienced a 26.36% increase in its stock price over the last five trading days. seekingalpha.com reported 2024-11-12 that Schrödinger Inc. (NASDAQ:SDGR ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Ramy Farid – President, Chief Executive Officer Karen Akinsanya – President, R&D and Therapeutics Geoff Porges – Chief Financial Officer Jaren Madden – Senior Vice President, Corporate Affairs and Investor Relations Conference Call Participants Matt – Jefferies Mani Foroohar – Leerink Partners Steve – Keybanc Gaspa – Morgan Stanley Evan Seigerman – BMO Capital Markets Joe Catanzaro – Piper Sandler Toff – Craig Hallum Brendan Smith – TD Cowen Sean Kim – Bank of America John – Citi Operator Welcome to Schrödinger’s conference call to review our third quarter 2024 financial results. My name is Madison and I will be your Operator for today’s call.
Is It Worth Investing in Schrodinger Inc (NASDAQ: SDGR) Right Now?
The stock has a 36-month beta value of 1.51. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 3 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for SDGR is 62.04M, and at present, short sellers hold a 14.34% of that float. On November 12, 2024, the average trading volume of SDGR was 592.95K shares.
SDGR’s Market Performance
SDGR’s stock has seen a 26.36% increase for the week, with a 26.78% rise in the past month and a 18.97% gain in the past quarter. The volatility ratio for the week is 3.50%, and the volatility levels for the past 30 days are at 3.97% for Schrodinger Inc The simple moving average for the past 20 days is 22.70% for SDGR’s stock, with a 0.88% simple moving average for the past 200 days.
Analysts’ Opinion of SDGR
Many brokerage firms have already submitted their reports for SDGR stocks, with Leerink Partners repeating the rating for SDGR by listing it as a “Outperform.” The predicted price for SDGR in the upcoming period, according to Leerink Partners is $29 based on the research report published on July 02, 2024 of the current year 2024.
KeyBanc Capital Markets, on the other hand, stated in their research note that they expect to see SDGR reach a price target of $38. The rating they have provided for SDGR stocks is “Overweight” according to the report published on December 05th, 2023.
Piper Sandler gave a rating of “Overweight” to SDGR, setting the target price at $60 in the report published on May 05th of the previous year.
SDGR Trading at 20.64% 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 -40.51% of loss for the given period.
Volatility was left at 3.97%, however, over the last 30 days, the volatility rate increased by 3.50%, as shares surge +27.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.79% upper at present.
During the last 5 trading sessions, SDGR rose by +26.05%, which changed the moving average for the period of 200-days by -20.18% in comparison to the 20-day moving average, which settled at $18.42. In addition, Schrodinger Inc saw -36.86% 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 Dugan Margaret, who sale 1,531 shares at the price of $17.78 back on Oct 15 ’24. After this action, Dugan Margaret now owns 13,469 shares of Schrodinger Inc, valued at $27,226 using the latest closing price.
Dugan Margaret, the Officer of Schrodinger Inc, proposed sale 1,531 shares at $17.78 during a trade that took place back on Oct 15 ’24, which means that Dugan Margaret is holding shares at $27,226 based on the most recent closing price.
Stock Fundamentals for SDGR
Current profitability levels for the company are sitting at:
- -1.03 for the present operating margin
- 0.66 for the gross margin
The net margin for Schrodinger Inc stands at -1.0. The total capital return value is set at -0.35. Equity return is now at value -37.13, with -26.34 for asset returns.
Based on Schrodinger Inc (SDGR), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at -1.45.
Currently, EBITDA for the company is -171.9 million with net debt to EBITDA at -0.06. When we switch over and look at the enterprise to sales, we see a ratio of 8.16. The receivables turnover for the company is 3.85for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.50.
Conclusion
To sum up, Schrodinger Inc (SDGR) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as 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.
