Schrödinger (NASDAQ:SDGR) Releases Earnings Results, Misses Expectations By $0.01 EPS

Schrödinger (NASDAQ:SDGR) released its earnings results on Wednesday. The company reported ($0.82) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.81) by ($0.01), Zacks reports. The business had revenue of $59.55 million during the quarter, compared to analysts’ expectations of $54.60 million. Schrödinger had a negative return on equity of 35.77% and a negative net margin of 91.84%. The firm’s quarterly revenue was up 62.7% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.86) earnings per share. Schrödinger updated its FY 2025 guidance to EPS.

Schrödinger Stock Up 0.6 %

Shares of SDGR opened at $23.86 on Friday. The company has a market capitalization of $1.74 billion, a P/E ratio of -10.20 and a beta of 1.84. Schrödinger has a twelve month low of $16.60 and a twelve month high of $28.47. The firm has a 50 day moving average of $22.57 and a 200 day moving average of $21.73.

Insider Buying and Selling at Schrödinger

In other news, CFO Geoffrey Craig Porges sold 5,491 shares of Schrödinger stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $21.76, for a total value of $119,484.16. Following the completion of the sale, the chief financial officer now directly owns 27,544 shares in the company, valued at $599,357.44. The trade was a 16.62 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Karen Akinsanya sold 16,723 shares of the business’s stock in a transaction that occurred on Monday, April 14th. The shares were sold at an average price of $25.09, for a total transaction of $419,580.07. Following the transaction, the insider now directly owns 15,625 shares of the company’s stock, valued at $392,031.25. The trade was a 51.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 8.60% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on SDGR. Piper Sandler dropped their price target on Schrödinger from $50.00 to $45.00 and set an “overweight” rating on the stock in a research report on Thursday, February 27th. KeyCorp boosted their target price on Schrödinger from $30.00 to $32.00 and gave the stock an “overweight” rating in a report on Wednesday, April 16th. One investment analyst has rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $32.80.

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.