With 2.36 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.19 million shares. The 52-week range on SDGR shows that it touched its highest point at $28.47 and its lowest point at $16.60 during that stretch. It currently has a 1-year price target of $31.88. Beta for the stock currently stands at 1.73.
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 -4.02%, but this was up by 32.89% over a month. Three-month performance dropped to -7.76% while six-month performance rose 30.92%. The stock lost -0.71% in the past year, while it has gained 23.79% so far this year. A look at the trailing 12-month EPS for SDGR yields -2.64 with Next year EPS estimates of -2.31. For the next quarter, that number is -0.84. This implies an EPS growth rate of -4.35% for this year and 13.83% for next year. EPS is expected to grow by 18.47% 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, 64.18 million SDGR shares are outstanding with a float of 62.45 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.
