How to Buy Schrodinger Stock
Schrodinger Inc
Schrödinger, Inc. , together with its subsidiaries, provides physics-based software platform that enables discovery of novel molecules for drug development and materials applications.
Schrodinger stock last closed at $24.38, down 0.25% from the previous day, and has decreased 21.05% in one year. It has overperformed other stocks in the Health Information Services industry by 0.05 percentage points. Schrodinger stock is currently +17.44% from its 52-week low of $20.76, and -58.85% from its 52-week high of $59.24.
At the moment, there are 72.31M shares of SDGR outstanding. The market cap of SDGR is $1.76B. In the last 24 hours, 563,904 SDGR shares were traded.
How to Buy Schrodinger Stock
Not sure how to invest in Schrodinger stock? Here's how.
- Decide where to buy Schrodinger stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you choose where to buy Schrodinger stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your payment method and add your information.
- Research Schrodinger stock: The Schrodinger ticker symbol is SDGR. Is Schrodinger stock a good investment? Should you buy shares of SDGR? How do SDGR's underlying business fundamentals look? Do top analysts think Schrodinger is a good buy? Why has SDGR's stock price moved recently? (Hint: Our stock analysis website can help you understand if SDGR is a good stock to buy).
- Place your SDGR purchase: Decide if you will purchase SDGR shares at the current market price or use a limit order to buy SDGR shares at a given price.
- Monitor your SDGR investment: Create a watchlist to keep tabs on your position in Schrodinger shares.
Step 1: Decide where to buy Schrodinger stock
You will need an online brokerage account to access the NASDAQ market and buy SDGR stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected the best brokerage, it's time to fill out some personal information so you can invest in SDGR today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit money your brokerage account
Now that you have created your account on the best stock investing app, you can securely and quickly fund your account:
Check out the tutorial below to see the process of transferring money into your new investment account.
Step 4: Research Schrodinger stock
Once you have selected the best place to buy Schrodinger stock, it's absolutely critical to evaluate their stock before you invest, so you truly comprehend the risk and upside.
Overview of key SDGR info
SDGR Overview
WallStreetZen was created to help average investors perform more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on SDGR's stock page.
Is SDGR stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge SDGR's fair value.
Using relative valuations ratios:
- SDGR may be undervalued based on its P/E ratio of 42.77x, relative to Health Information Services industry P/E ratio of 75.15x
- SDGR could be undervalued based on its P/B ratio of 3.21x, relative to Health Information Services industry P/B ratio of 3.25x
- SDGR may be undervalued based on its PEG ratio of 0.83x
You can do more valuation analysis on SDGR's stock here.
SDGR Financial Overview
Positive Financial Indicators:
- SDGR has cash burn of 150136000. It has sufficient cash and short-term investments to cover this for at least one year.
- SDGR profit margin has gone up from -82.4% to 18.8% in the past year.
- SDGR has $468.75M in cash and short term investments. This is sufficient to cover its annual cash burn of $150.14M.
- There are more short-term assets than short-term liabilities on the SDGR balance sheet.
- There are more short-term assets than long-term liabilities on the SDGR balance sheet.
- Total SDGR debt is lower than 5 years ago, relative to shareholder equity.
Negative Financial Indicators:
- SDGR has a relatively high debt to equity ratio of 0.46.
Do Wall Street analysts think it's a good time to buy SDGR stock
Out of 8 Equities analysts who research SDGR, the consensus analyst rating on Schrodinger is a Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest SDGR Analyst Recommendations
Steven Mah, a bottom 2% analyst from TD Cowen initiates coverage on SDGR with a buy rating and announces their SDGR price target of $42.00, on Jan 26, 2024.
Matt Hewitt, a bottom 12% analyst from Craig-Hallum maintains SDGR with a buy rating and lowers their SDGR price target from $40.00 to $35.00, on Jan 19, 2024.
Vikram Malhorta, a bottom 6% analyst from Morgan Stanley maintains SDGR with a hold rating and lowers their SDGR price target from $52.00 to $51.00, on Nov 13, 2023.
You can dig deeper into what analysts are projecting on the Schrodinger stock forecast page.
SDGR Trading Indicators
Is SDGR Making Money?
Last year, SDGR revenue was $216.67M. During the last 5 year, SDGR's revenue has increased by 26.59% per year. This was faster than the Health Information Services industry average of 19.59%.
You can analyze SDGR's earnings and revenue performance here.
Latest Insiders Trades at SDGR
In the last year, insiders at SDGR have sold more shares than they have bought.
Kenneth Patrick Lorton, EVP CTO COO Software of SDGR, was the latest SDGR insider to buy. They bought $24,191.16 worth of SDGR stock on Mar 6, 2024.
Get more info about who owns SDGR stock here.
Can I rely on SDGR as an income stream?
No, Schrodinger doesn't provide an income stream by paying out dividends.
Get analysis from other investors
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Step 5: Place your SDGR purchase
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at an exact price, place a limit order.
Press the Open Trade button and eToro will execute your order.
If you need more help buying stocks on eToro, watch the how to video below:
Step 6: Monitor your SDGR investment
Now that you own some shares in SDGR, you'll want to keep up with your investment.
Start a watchlist to see the latest developments about your SDGR stock.
SDGR Feed
How to Buy Stock in Schrodinger
To summarize, here are the 6 steps to buy Schrodinger stock:
- Decide where to buy Schrodinger stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Research Schrodinger stock
- Place your SDGR purchase
- Monitor your SDGR investment
If you need a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to track your investment in Schrodinger, add SDGR to your watchlist below.
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