Schrödinger (SDGR) Projected to Post Earnings on Wednesday

Schrödinger (NASDAQ:SDGR) is expected to be issuing its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.35) per share and revenue of $83.20 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Schrödinger Price Performance

Shares of NASDAQ:SDGR opened at $26.01 on Wednesday. Schrödinger has a 12 month low of $16.67 and a 12 month high of $33.63. The stock’s 50 day moving average price is $22.01 and its 200 day moving average price is $20.40.

Wall Street Analysts Forecast Growth

SDGR has been the topic of several recent analyst reports. BMO Capital Markets boosted their target price on Schrödinger from $25.00 to $28.00 and gave the stock an “outperform” rating in a report on Wednesday, November 13th. KeyCorp upped their price target on Schrödinger from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Friday, January 24th. Three investment analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price 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.