Analysts who follow Schrodinger Inc (SDGR) on average expect it to rise 37.84% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns the stock an Analyst Ranking of 45, which means it ranks higher than 45 of stocks, based on data compiled by InvestorsObserver.
Wall Street analysts are rating SDGR a Strong Buy today. Find out what this means to you and get the rest of the rankings on SDGR!
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With Schrodinger Inc Stock Today?
Schrodinger Inc (SDGR) stock is trading at $35.91 as of 3:28 PM on Friday, May 26, an increase of $0.28, or 0.8% from the previous closing price of $35.62. The stock has traded between $34.95 and $36.23 so far today. Volume today is light. So far 564,506 shares have traded compared to average volume of 896,735 shares.
Click Here to get the full Stock Report for Schrodinger Inc stock.