Schrödinger (NASDAQ:SDGR) Posts Quarterly Earnings Results, Misses Estimates By $0.20 EPS

Schrödinger (NASDAQ:SDGR) issued its quarterly earnings results on Wednesday. The company reported ($0.55) EPS for the quarter, missing the consensus estimate of ($0.35) by ($0.20), Zacks reports. Schrödinger had a negative return on equity of 35.77% and a negative net margin of 91.84%. Schrödinger updated its FY 2025 guidance to EPS.

Schrödinger Stock Performance

Shares of SDGR stock traded up $0.65 on Wednesday, hitting $21.70. 1,089,725 shares of the stock traded hands, compared to its average volume of 1,003,185. The firm’s 50-day moving average price is $22.19 and its two-hundred day moving average price is $20.55. The stock has a market capitalization of $1.58 billion, a PE 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.

Wall Street Analyst Weigh In

Several brokerages recently commented on SDGR. BMO Capital Markets boosted their price target on shares of Schrödinger from $25.00 to $28.00 and gave the stock an “outperform” rating in a report on Wednesday, November 13th. KeyCorp upped their target price on shares of Schrödinger from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Friday, January 24th. Three research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target 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.