Is SmileDirectClub's stock shorted?
Based on an average trading volume of 6,320,000 shares, the short-interest ratio is currently 5.3 days. Currently, 32.5% of the company's stock are sold short. View SmileDirectClub's Short Interest. When is SmileDirectClub's next earnings date?
What does a hold rating on SmileDirectClub mean?
A hold rating indicates that analysts believe investors should maintain any existing positions they have in SDC, but not buy additional shares or sell existing shares. View analyst ratings for SmileDirectClub or view top-rated stocks.
What are Smile direct's competitors doing to its sales?
The company also faces tough competition from its closest competitor, Align Technology, whose revenue has grown by 87.82% over the past three years, while Smile Direct's has fallen 2% over that period.
Should you consider SmileDirectClub’s orthodontic services?
Source: Helen89 / Shutterstock.com One of the main problems with traditional orthodontics is the physically cumbersome nature of braces, but through SmileDirectClub’s services, you can enjoy treatment without signaling as such, thereby boosting the profile of SDC stock. Well, that’s the theory anyways.
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What happened to SmileDirectClub?
What happened. Last year brought few smiles to SmileDirectClub (SDC 2.97%) 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.
Is SmileDirectClub stock a good buy?
SmileDirectClub has been witnessing a negative estimate revision trend for 2021. Over the past 90 days, the Zacks Consensus Estimate for its EPS has moved 41.4% down to ($0.82). The Zacks Consensus Estimate for 2022 revenues is pegged at $719.6 billion, suggesting 12.4% growth from the year-ago reported number.
Why is SDC tanking?
What happened. Shares of SmileDirectClub (SDC -0.73%) 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.
Is Smile direct still in business?
NASHVILLE, Tenn. , April 03, 2020 (GLOBE NEWSWIRE) -- SmileDirectClub , the industry pioneer and first direct-to-consumer medtech platform for teeth straightening, today announced the company will extend its SmileShop closures until at least May 3, 2020.
Is SmileDirectClub being shorted?
Smile Direct Club (SDC -3.55%) has a very high short interest -- 37% of its public float is sold short. And a lot of bears are shorting Accelerate Diagnostics (AXDX -6.38%) as well -- 21% of its float is being shorted. Shorting stocks is a dangerous game to play.
Is SDC undervalued?
Fair Value of SDC stock based on Discounted Cash Flow (DCF) SDC ($1.03) is significantly undervalued...
Will SDC go up?
The 7 analysts offering 12-month price forecasts for SmileDirectClub Inc have a median target of 1.50, with a high estimate of 3.00 and a low estimate of 1.00. The median estimate represents a +45.63% increase from the last price of 1.03.
Is SDC a good company?
SDC has a Quality Grade of D, ranking ahead of 21.69% of graded US stocks.
How many shares of SmileDirectClub are there?
58,537,000 sharesWe are offering 58,537,000 shares of our Class A common stock.
Do orthodontists recommend SmileDirectClub?
A Clinical Advisory Board guides SmileDirectClub's network of dentists and orthodontists. In fact, the dentists and orthodontists in our network don't work for SmileDirectClub at all. They can prescribe aligners to their customers, but they're under no obligation to recommend SmileDirectClub's aligners specifically.
Is SmileDirectClub trustworthy?
Does SmileDirectClub really work? Yes, according to the hundreds of positive reviews from verified customers online, SmileDirectClub does work. The company says that the team of dental experts that review your pictures and approve your treatment plan are all state-certified dentists or orthodontists.
Who owns Smile direct?
SmileDirectClub founders Jordan Katzman and Alex Fenkell, both 30, are now worth an estimated $770 million and $700 million, respectively. David Katzman, Jordan's father and SmileDirectClub's CEO, has $970 million.
Should I buy or sell SmileDirectClub stock right now?
13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SmileDirectClub in the last twelve months. There are currently 6 sell rat...
What is SmileDirectClub's stock price forecast for 2022?
13 equities research analysts have issued 12-month target prices for SmileDirectClub's shares. Their forecasts range from $2.00 to $7.00. On averag...
How has SmileDirectClub's stock performed in 2022?
SmileDirectClub's stock was trading at $2.35 at the start of the year. Since then, SDC stock has decreased by 47.7% and is now trading at $1.23. V...
When is SmileDirectClub's next earnings date?
SmileDirectClub is scheduled to release its next quarterly earnings announcement on Monday, August 8th 2022. View our earnings forecast for SmileD...
How were SmileDirectClub's earnings last quarter?
SmileDirectClub, Inc. (NASDAQ:SDC) released its earnings results on Monday, May, 9th. The company reported ($0.19) earnings per share (EPS) for the...
What guidance has SmileDirectClub issued on next quarter's earnings?
SmileDirectClub issued an update on its FY 2022 earnings guidance on Monday, June, 6th. The company provided earnings per share (EPS) guidance of f...
Who are SmileDirectClub's key executives?
SmileDirectClub's management team includes the following people: Mr. David B. Katzman , CEO & Chairman (Age 62, Pay $1.44M) Mr. Alexander J. Fen...
What is David Katzman's approval rating as SmileDirectClub's CEO?
360 employees have rated SmileDirectClub CEO David Katzman on Glassdoor.com . David Katzman has an approval rating of 66% among SmileDirectClub's...
Who are some of SmileDirectClub's key competitors?
Some companies that are related to SmileDirectClub include ZimVie (ZIMV) , Item 9 Labs (INLB) , Sonendo (SONX) , BIOLASE (BIOL) , American Med...
Its top line shrank, its losses expanded, and it whiffed on analysts' estimates
Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.
What happened
Tuesday was like a bad visit to the orthodontist for SmileDirectClub ( NASDAQ:SDC). The teeth alignment specialist unveiled its latest set of quarterly figures, and investors found the numbers to be downright ugly. They punished the company by driving its stock price down by almost 21% on the day.
So what
While not every number in SmileDirectClub's Q3 report was discouraging, the most notable line items were not impressive. Revenue was down 18% year over year to $138 million. Its net loss deepened considerably, landing at $89.4 million ($0.23 per share) against Q3 2020's loss of $43.5 million.
Now what
SmileDirectClub's guidance didn't instill a great deal of confidence either. The company believes it will earn $630 million to $650 million in revenue for the year; it did not provide a forecast for net profit. In 2020, revenue came in just under $657 million.
About SmileDirectClub
SmileDirectClub, Inc. operates as an oral care company. It offers clear aligner therapy treatment.
SmileDirectClub (NASDAQ:SDC) Frequently Asked Questions
13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SmileDirectClub in the last twelve months. There are currently 5 sell ratings, 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SmileDirectClub stock.
SmileDirectClub (SDC) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release
SmileDirectClub (SDC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
10 Most Shorted Stocks Right Now
In this article, we discuss the 10 most shorted stocks right now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Most Shorted Stocks Right Now. The beginning of 2021 had pitted retail investors against hedge funds in a short squeeze saga involving video game firm GameStop and […]
Better Execution Needed to Move SmileDirectClub Stock Higher, Says Morgan Stanley
Is there an opportunity brewing in the dental product market? Morgan Stanley’s Erin Wright estimates it is a segment worth $26 billion and growing at low to mid-single digits a year, with the most growth attributed to specialty segments such as orthodontics and implants and digital solutions.
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 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 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.
SDC Stock and Its Crowded Short Side
Before diving into why so many on Wall Street are shorting SmileDirectClub, let’s take a closer look at the company and its business. As I mentioned above, it’s a teledentistry company.
A Post-Covid Comeback So Far Has Failed to Play Out
Scores of stocks in companies hard-hit by the pandemic have recovered over the past year. That has not been the case for SDC stock, obviously, given the above-mentioned declines. So, what has been behind this?
The Verdict on SmileDirectClub
Disappointment with SmileDirectClub goes beyond its bad sales numbers. Even during better times, the company was operating in the red, as its operations were not yet large enough to cover its high fixed operating expenses.
