Schrödinger (SDGR) Expected to Announce Quarterly Earnings on Wednesday

Schrödinger (NASDAQ:SDGR) will likely be announcing its earnings results after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.35) per share and revenue of $83.20 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Schrödinger Trading Down 4.2 %

SDGR opened at $21.69 on Tuesday. The firm has a market cap of $1.58 billion, a price-to-earnings ratio of -9.27 and a beta of 1.61. Schrödinger has a twelve month low of $16.67 and a twelve month high of $33.63. The company has a fifty day simple moving average of $22.19 and a 200 day simple moving average of $20.53.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on SDGR shares. BMO Capital Markets raised their price target on shares of Schrödinger from $25.00 to $28.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th. KeyCorp raised their price target on shares of Schrödinger from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Friday, January 24th. Three investment analysts have rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, Schrödinger currently has a consensus rating of “Moderate Buy” and an average target price of $32.11.

Schrödinger Company Profile

Schrödinger, Inc, together with its subsidiaries, develops physics-based computational platform that enables discovery of novel molecules for drug development and materials applications. The company operates in two segments, Software and Drug Discovery. The Software segment is focused on licensing its software to transform molecular discovery for life sciences and materials science industries.