According to a recent report issued by William Blair, the teledentistry company, SmileDirectClub, Inc. is expected to post the second quarter of 2022 EPS as $0.22. The estimation will only be confirmed after SDC posts its Q2, 2022 earnings report.
The estimate report was issued by the brokerage on the 5th of March. The analyst behind this prediction is J. Kreger. In the article issued by the firm, he has also mentioned that SmileDirectClub is likely to announce the $0.02 EPS for the current fiscal quarter. It also included the estimated earnings for the third and fourth quarters of the upcoming financial year. William Blair expects the company to release 2022 Q3 EPS of $0.00 and the Q4 EPS of $0.01.
The company’s stocks traded at $10.09 this Monday. Its current market capitalization stands at $3.90 billion. It has a negative PE ratio of 11.34 along with a beta of 2.82 at the moment. The 12-monthly high to low ranges from $16.08 to $3.64. The 50SMA (50 Days Simple Moving Average) stands at $12.27 and its 200SMA stands at $11.28.
NASDAQ: SDC Stock Detailed Analysis
The quarterly earnings report for the previous quarter was released on the 4th of March. The earnings of SDC at that quarter stood at $0.09 EPS as opposed to the general consensus of $0.11 proposed by analysts at Thomson Reuters. The company’s return on equity stands at -23.62% along with a net margin of -14.44%.
The estimated income for the firm was marked at $180.10 million but SmileDirectClub, Inc. made $184.56 million for the quarter. According to the metrics, the revenue has decreased by 6.2% compared to the corresponding quarter. During the same quarter the previous year, the company posted an EPS of $0.25.
NASDAQ: SDC stocks have recently been the subject of a lot of reports by equities analysts. Some such as Wolfe Research, Stifel Nicolaus, Goldman Sachs Group, Zacks Investment Research, and so on have posted reports on this firm over the last few months.