At the time of writing, Schrodinger Inc [SDGR] stock is trading at $24.67, up 1.07%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SDGR shares have gain 32.00% over the last week, with a monthly amount glided 26.90%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Schrodinger Inc [NASDAQ: SDGR] stock has seen the most recent analyst activity on July 02, 2024, when Leerink Partners initiated its Outperform rating and assigned the stock a price target of $29. Previously, KeyBanc Capital Markets started tracking the stock with Overweight rating on December 05, 2023, and set its price target to $38. Goldman started tracking the stock assigning a Neutral rating and suggested a price target of $23 on December 19, 2022. Citigroup initiated its recommendation with a Buy and recommended $55 as its price target on March 01, 2022. Piper Sandler started tracking with a Overweight rating for this stock on November 19, 2021, and assigned it a price target of $87. In a note dated November 19, 2021, Morgan Stanley downgraded an Equal-Weight rating on this stock and revised its target price from $82 to $49.
For the past year, the stock price of Schrodinger Inc fluctuated between $16.67 and $33.63. Currently, Wall Street analysts expect the stock to reach $28.33 within the next 12 months. Schrodinger Inc [NASDAQ: SDGR] shares were valued at $24.67 at the most recent close of the market. An investor can expect a potential return of 14.84% based on the average SDGR price forecast.
Analyzing the SDGR fundamentals
According to Schrodinger Inc [NASDAQ:SDGR], the company’s sales were 193.35M for trailing twelve months, which represents an -17.10% plunge. Gross Profit Margin for this corporation currently stands at 0.65% with Operating Profit Margin at -1.13%, Pretax Profit Margin comes in at -0.92%, and Net Profit Margin reading is -0.92%. To continue investigating profitability, this company’s Return on Assets is posted at -0.27, Equity is -0.36 and Total Capital is -0.39. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 23.87 points at the first support level, and at 23.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 25.58, and for the 2nd resistance point, it is at 26.49.
Ratios To Look Out For
It is important to note that Schrodinger Inc [NASDAQ:SDGR] has a current ratio of 4.11. Further, the Quick Ratio stands at 4.11, while the Cash Ratio is 1.44. Considering the valuation of this stock, the price to sales ratio is 9.29, the price to book ratio is 4.00.
Transactions by insiders
Recent insider trading involved Dugan Margaret, Chief Medical Officer, that happened on Oct 15 ’24 when 1531.0 shares were sold. Officer, Dugan Margaret completed a deal on Oct 15 ’24 to buy 1531.0 shares. Meanwhile, EVP & CFO Porges Geoffrey Craig sold 3315.0 shares on Mar 04 ’24.
