<div id="readability-page-1"><p>Schrodinger, Inc. (NASDAQ:SDGR - Get Free Report) has been assigned an average recommendation of &#34;Hold&#34; from the eight research firms that are currently  covering the firm, MarketBeat reports. One investment analyst  has rated the stock with a sell rating, three have assigned  a hold rating and four have given a buy rating to  the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $25.7143.</p><ul><li>3 Momentum Stocks That Could Soar Post-Market Volatility</li></ul><p>SDGR has been the subject of a number of recent analyst reports. Wall Street Zen raised Schrodinger from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a report on Saturday, October 25th. KeyCorp cut their price objective on shares of Schrodinger from $30.00 to $28.00 and set an &#34;overweight&#34; rating on the stock in a report on Wednesday, October 8th. Weiss Ratings  restated a &#34;sell (e+)&#34; rating on shares of Schrodinger in a report on Tuesday, October 14th. The Goldman Sachs Group began coverage on shares of Schrodinger in a research note on Monday, September 29th. They set a &#34;neutral&#34; rating and a $19.00 price target on the stock. Finally, Bank of America raised Schrodinger from a &#34;neutral&#34; rating to a &#34;buy&#34; rating and set a $24.00 price objective on the stock in a report on Monday.</p><p><b>Read Our Latest Analysis on SDGR</b></p><h2>Schrodinger Stock Performance</h2><ul><li>AI Pharma: 2 Paths to AI-Powered Drug Investment</li></ul><p>SDGR stock opened at $17.40 on Thursday. The company's 50 day moving average price is $18.84 and its 200 day moving average price is $20.00. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of -7.22 and a beta of 1.56. Schrodinger has a fifty-two week low of $15.99 and a fifty-two week high of $28.47. </p><p>Schrodinger (NASDAQ:SDGR - Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The company reported ($0.45) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.72) by $0.27. Schrodinger had a negative net margin of 68.49% and a negative return on equity of 48.24%. The company had revenue of $54.32 million during the quarter, compared to the consensus estimate of $50.51 million. During the same quarter in the previous year, the firm earned ($0.87) earnings per share. The firm's quarterly revenue was up 53.9% on a year-over-year basis.  Equities analysts forecast that  Schrodinger will post -2.37 EPS for the current fiscal year. </p><h2>Insider Buying and Selling</h2><ul><li>Simulations Plus Stock Drops 15% Despite EPS Beat</li></ul><p>In other Schrodinger news, insider Margaret Dugan sold 1,395 shares of the business's stock in a transaction that occurred on Thursday, October 16th. The stock was sold at an average price of $21.07, for a total value of $29,392.65. Following the completion of the sale, the insider owned 24,574 shares in the company, valued at approximately $517,774.18. The trade was a 5.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink. 21.00% of the stock is currently owned by company insiders. </p><h2>Hedge Funds Weigh In On Schrodinger</h2><p>A number of institutional investors have recently modified their holdings of SDGR. Farther Finance Advisors LLC boosted its stake in  Schrodinger by 347.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,284 shares of the company's stock worth $26,000 after purchasing an additional 997 shares during the period.  Bayforest Capital Ltd purchased a new position in shares of  Schrodinger during the second quarter worth about $30,000.  State of Wyoming acquired a new position in  Schrodinger in the 2nd quarter valued at about $39,000.  Aster Capital Management DIFC Ltd lifted its position in  Schrodinger by 212.4% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 1,943 shares of the company's stock worth $39,000 after acquiring an additional 1,321 shares during the period.  Finally, SBI Securities Co. Ltd. grew its stake in shares of  Schrodinger by 110.4% in the 3rd quarter. SBI Securities Co. Ltd. now owns 2,127 shares of the company's stock valued at $43,000 after purchasing an additional 1,116 shares during the last quarter. 79.05% of the stock is owned by institutional investors and hedge funds. </p><h2>Schrodinger Company Profile</h2> (Get Free Report)<p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Schrodinger</li><li>Growth Stocks: What They Are, Examples and How to Invest</li><li>Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport</li><li>Earnings Per Share Calculator: How to Calculate EPS</li><li>Why a SpaceX IPO Could Be a Major Catalyst for GOOGL Stock</li><li>Asset Allocation Strategies in Volatile Markets</li><li>Can Upwork Maintain Its Comeback? Reasons to Be Bullish and Bearish</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0RHUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9U0RHUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Schrodinger Right Now?</h2><p>Before you consider Schrodinger, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Schrodinger wasn't on the list.</p><p>While Schrodinger currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SDGR

<p>Schrodinger, Inc. (NASDAQ:SDGR) has received a consensus "Hold" rating from eight research firms. The average 1-year target price is $25.71. Recent analyst reports include a rating upgrade from Wall Street Zen and a price objective cut by KeyCorp. Schrodinger's stock opened at $17.40, with a market cap of $1.28 billion. The company reported better-than-expected quarterly earnings, with revenue up 53.9% year-over-year. Insider trading and institutional investor activity are noted, with 79.05% of the stock owned by institutions and hedge funds.</p>

Schrodinger, Inc. (NASDAQ:SDGR) Given Consensus Rating of "Hold" by Brokerages