Schrodinger Inc (NASDAQ:SDGR) price on Thursday, April 10, fall -1.54% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $19.22.
A look at the stock’s price movement, the close in the last trading session was $19.52, moving within a range at $17.56 and $19.3. The beta value (5-Year monthly) was 1.773. Turning to its 52-week performance, $28.47 and $16.60 were the 52-week high and 52-week low respectively. Overall, SDGR moved -15.59% over the past month.
Schrodinger Inc’s market cap currently stands at around $1.40 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-25.
Analysts have a consensus estimate of 54.65M for the company’s revenue for the quarter, with a low and high estimate of 50.77M and 58.07M respectively. The average forecast suggests up to a 49.33% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 252.54M, representing a 21.68% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SDGR is a 100% Sell. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
5 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 3 recommend SDGR as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SDGR’s current price about -6.60% and -13.62% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 43.12, while 7-day volatility ratio is 12.71% and 7.06% in the 30-day chart. Further, Schrodinger Inc (SDGR) has a beta value of 1.87, and an average true range (ATR) of 1.65. Analysts have given the company’s stock an average 52-week price target of $28, forecast between a low of $28 and high of $28. Looking at the price targets, the low is -45.68% off current price level while to achieve the yearly target high, price needs to move -45.68%. Nonetheless, investors will most likely welcome a -45.68% jump to $28 which is the analysts’ median price.
If we refocus on Schrodinger Inc (NASDAQ:SDGR), historical trading data shows that trading volumes averaged 1.16 over the past 10 days and 1.04 million over the past 3 months. The company’s latest data on shares outstanding shows there are 63.71 million shares.
The 14.94% of Schrodinger Inc’s shares are in the hands of company insiders while institutional holders own 86.62% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 8.89 million on 2025-03-14, giving us a short ratio of 7.72. The data shows that as of 2025-03-14 short interest in Schrodinger Inc (SDGR) stood at 2227.0 of shares outstanding, with shares short falling to 9.94 million registered in 2025-02-14. Current price change has pushed the stock -0.36% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SDGR stock continues to rise going into the next quarter.
