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Wednesday, December 6, 2023

Is Schrodinger Inc (NASDAQ: SDGR) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Schrodinger Inc (SDGR) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.38, or 1.25%, to $30.88. The Schrodinger Inc has recorded 15,476 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Schrödinger Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4).

Stocks Info

This NASDAQ-listed company operates within the Health Information Services industry segment, falling under the Healthcare sector. At the end of the last regular session, the stock closed at $30.50 and fluctuated between $32.20 as its day high and $30.40 as its day low. The current market capitalization of Schrodinger Inc is $2.20B. A total of 0.75 million shares were traded on the day, compared to an average of 783.95K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, SDGR has seen 1 BUY and 0 SELL insider trades, representing the acquisition of 4,545 and the disposition of 0 shares. Over the last 12 months, there were 22 BUYs and 8 SELLs from insiders. Insiders purchased 245,586 shares during that period but sold 161,736.

In the most recent transaction, Lorton Kenneth Patrick sold 10,000 shares of SDGR for 40.06 per share on Aug 09. After the transaction, the EVP & Chief Technology Officer now owns 37,388 company shares. In a previous transaction on Jun 30, Tran Yvonne sold 12,040 shares at 50.00 per share. SDGR shares that EVP, CLO & CPO owns now total 12,721.

Among the insiders who sold shares, Lorton Kenneth Patrick disposed of 10,000 shares on May 23 at a per-share price of $40.06. This resulted in the EVP & Chief Technology Officer holding 47,388 shares of SDGR after the transaction. In another insider transaction, Tran Yvonne sold 7,960 shares at $40.01 per share on May 23. Company shares held by the EVP, CLO & CPO now total 12,721.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for SDGR in the last 3 months, the mean price target is $48.22 with high estimates of $80.00 and low estimates of $29.00. In terms of 52-week highs and lows, SDGR has a high of $59.24 and a low of $15.85.

As of this writing, SDGR has an earnings estimate of -$0.36 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of -$0.2 per share and a lower estimate of -$0.55. The company reported an EPS of $0.06 in the last quarter, which was 112.80% higher than expectations of -$0.47.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. SDGR’s latest balance sheet shows that the firm has $576.48M in Cash & Short Term Investments as of fiscal 2021. There were $79.87M in debt and $91.21M in liabilities at the time. Its Book Value Per Share was $7.83, while its Total Shareholder’s Equity was $557.09M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SDGR is Buy with a score of 4.14.

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