SmileDirectClub Shares Fall on Wider-Than-Expected Loss Shares of SmileDirectClub slumped after the online orthodontics company reported a wider-than-expected loss on 18% lower revenue. Rob Daniel Nov 8, 2021 7:03 PM EST
Full Answer
What happened to SmileDirectClub stock?
Sep 23, 2021 · Smile Direct (SDC) reported a loss of $0.14 US cents per share against expectations for a loss of 9 cents per share, so over 50% worse than expected. Revenue did rise significantly from last year ...
What other companies are related to SmileDirectClub?
Nov 08, 2021 · SmileDirectClub Inc. SDC, -3.52% shares tanked more than 20% in the extended session Monday after the maker of clear plastic aligners reported a wider quarterly loss and sales missed the mark,...
What is Smile direct club (SDC)?
Jan 06, 2022 · The orthodontic services provider ended the year with a drop of 23.5% in December, ... Why Smile Direct Club Stock Dropped 15.4% This Week. ... Why SmileDirectClub Stock Exploded Higher on Tuesday.
Is Smile direct stock a target for a retail short squeeze?
Shares in Smile Direct Club (NASDAQ: SDC) dropped 15.4% this week, according to data provided by S&P Global Market Intelligence. The company released its …
What is happening with SmileDirectClub?
What happened. Last year brought few smiles to SmileDirectClub ( SDC -1.71% ) investors as all of 2021 was largely a long, steady slog downhill. The orthodontic services provider ended the year with a drop of 23.5% in December, according to data provided by S&P Global Market Intelligence.Jan 6, 2022
Why is smile direct falling?
What happened. Shares of SmileDirectClub ( SDC 9.23% ) tanked 40.4% in November, according to data from S&P Global Market Intelligence. The online teeth-straightening company reported very disappointing earnings results last month, which is likely the main reason the stock is down so much since the start of the period.Dec 7, 2021
Is SmileDirectClub a good stock to buy?
The company currently sports a Zacks Rank #1. Laboratory Corporation's long-term earnings growth rate is estimated at 10.6%. The company's earnings yield of 9.4% compares favorably with the industry's 3.4%.Jan 19, 2022
Why is SDC so low?
Yet having too rich of a valuation isn't the only reason SDC stock has experienced big declines. You can lay much of the blame on the Covid-19 pandemic. The outbreak and its lockdowns put demand for its services on hold.Dec 9, 2021
Is Invisalign more expensive than smile Direct Club?
Cost. The total cost of Smile Direct Club is lower than Invisalign. This can be tempting, however, further consideration is needed. With Smile Direct Club, you complete your treatment without regular in-person supervision from a dentist or orthodontist.
Who owns Smile direct?
Jordan KatzmanJordan Katzman is our co-founder and has served as a member of our board since inception. Mr. Katzman first gained critical online e-commerce experience co-founding two technology companies with Mr.
What is smile Direct club worth?
$3.2 billionTeeth-straightening startup SmileDirectClub is now worth $3.2 billion. SmileDirectClub, the at-home teeth-straightening startup, has just raised $380 million at a $3.2 billion valuation, the company announced today.Oct 10, 2018
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Why SmileDirectClub Shares Surged Higher Today
SmileDirectClub Inc (NASDAQ: SDC) is trading higher on abnormally high volume during Monday's session as traders on social media circulate the stock, highlighting its high short interest. The average session volume is about 6.5 million. The daily trading volume for Monday's session was over 42 million.
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SmileDirectClub (SDC) Struggles With New Markets, High Debt
SmileDirectClub's (SDC) escalating costs and expenses are putting pressure on the bottom line.
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SmileDirectClub's (NASDAQ:SDC) Cash Burn Situation is Getting Better - But Not Good Enough for a Short Squeeze
It might be hard to believe at the moment, but SmileDirectClub (NASDAQ: SDC) was initially valued at over US$8b. After a fiasco IPO debut that saw the price decline at over 50%, the stock just started to recover when the 2020 pandemic hit, sending it to a fresh new low.
Is the Options Market Predicting a Spike in SmileDirectClub (SDC) Stock?
Investors need to pay close attention to SmileDirectClub (SDC) stock based on the movements in the options market lately.
SmileDirectClub (SDC) Reels Under Rising Costs, Debt Woes
SmileDirectClub (SDC) sees net operating cash outflow in the second quarter.
Who is Brian Feroldi?
Brian Feroldi has been covering the healthcare and technology industries for The Motley Fool since 2015. Brian's investing strategy is to buy high-quality companies and then let compounding work its magic. See all of his articles here. Follow @brianferoldi
Is SmileDirectClub a public company?
It's been a rough first month as a public company for SmileDirectClub. The share price has been cut in half since it started trading on Sept. 12, in part because of the growing regulatory uncertainty surrounding this company's future.
Is SmileDirectClub a direct to consumer business?
The American Dental Association and the American Association of Orthodontists aren't happy with SmileDirectClub's direct-to-consumer business practices and have been flexing their political muscles in an effort to stop the company's progress.
Is SmileDirectClub a buy right now?
10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SmileDirectClub in the last year. There are currently 4 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" SmileDirectClub stock.
What stocks does MarketBeat like better than SmileDirectClub?
Wall Street analysts have given SmileDirectClub a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but SmileDirectClub wasn't one of them.
Are investors shorting SmileDirectClub?
SmileDirectClub saw a increase in short interest during the month of July. As of July 30th, there was short interest totaling 33,540,000 shares, an increase of 15.7% from the July 15th total of 28,980,000 shares. Based on an average trading volume of 6,320,000 shares, the short-interest ratio is currently 5.3 days.
When is SmileDirectClub's next earnings date?
SmileDirectClub is scheduled to release its next quarterly earnings announcement on Monday, November 15th 2021.#N#View our earnings forecast for SmileDirectClub.
How were SmileDirectClub's earnings last quarter?
SmileDirectClub, Inc. (NASDAQ:SDC) released its earnings results on Monday, August, 9th. The company reported ($0.14) earnings per share for the quarter, missing analysts' consensus estimates of ($0.09) by $0.05. The company earned $174.18 million during the quarter, compared to analysts' expectations of $198.52 million.
How has SmileDirectClub's stock price been impacted by Coronavirus (COVID-19)?
SmileDirectClub's stock was trading at $6.49 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SDC stock has decreased by 20.6% and is now trading at $5.15.#N#View which stocks have been most impacted by COVID-19.
What guidance has SmileDirectClub issued on next quarter's earnings?
SmileDirectClub updated its FY 2021 earnings guidance on Monday, September, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $750 million-$800 million, compared to the consensus revenue estimate of $833.69 million.
