With 0.85 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.91 million shares. The 52-week range on SDGR shows that it touched its highest point at $29.15 and its lowest point at $16.67 during that stretch. It currently has a 1-year price target of $32.09. Beta for the stock currently stands at 1.77.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SDGR was down-trending over the past week, with a drop of -5.78%, but this was down by -19.62% over a month. Three-month performance dropped to -4.24% while six-month performance rose 3.29%. The stock lost -15.04% in the past year, while it has gained 8.97% so far this year. A look at the trailing 12-month EPS for SDGR yields -2.58 with Next year EPS estimates of -2.11. For the next quarter, that number is -0.74. This implies an EPS growth rate of 6.37% for this year and 12.45% for next year. EPS is expected to grow by 25.68% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -45.98%.
Float and Shares Shorts:
At present, 63.71 million SDGR shares are outstanding with a float of 62.13 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SDGR since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.16641 being high and -$2.69004 being low. For SDGR, this leads to a yearly average estimate of -$2.43336. Based on analyst estimates, the high estimate for the next quarter is -$0.7 and the low estimate is -$0.7. The average estimate for the next quarter is thus -$0.7.
