Schrödinger (SDGR) Projected to Post Earnings on Wednesday

Schrödinger (NASDAQ:SDGR) will likely be releasing its earnings data after the market closes on Wednesday, February 26th. Analysts expect Schrödinger to post earnings of ($0.35) per share and revenue of $83.20 million for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Schrödinger Stock Performance

Shares of SDGR stock opened at $26.01 on Wednesday. The business has a 50 day moving average of $22.01 and a two-hundred day moving average of $20.40. Schrödinger has a 52 week low of $16.67 and a 52 week high of $33.63.

Wall Street Analyst Weigh In

A number of brokerages have commented on SDGR. KeyCorp lifted their target price on Schrödinger from $25.00 to $27.00 and gave the company an “overweight” rating in a research note on Friday, January 24th. BMO Capital Markets boosted their price objective on Schrödinger from $25.00 to $28.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th. Three analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Schrödinger has a consensus rating of “Moderate Buy” and a consensus price target of $32.11.

About Schrödinger

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.