Should I buy or sell Societal CDMO stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Societal CDMO in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SCTL shares. View SCTL analyst ratings or view top-rated stocks .

What is Societal CDMO's stock price target for 2024?

3 brokerages have issued 12-month price objectives for Societal CDMO's stock. Their SCTL share price targets range from $1.10 to $2.50. On average, they predict the company's stock price to reach $1.80 in the next twelve months. This suggests a possible upside of 63.6% from the stock's current price. View analysts price targets for SCTL or view top-rated stocks among Wall Street analysts .

How have SCTL shares performed in 2024?

Societal CDMO's stock was trading at $0.3505 on January 1st, 2024. Since then, SCTL stock has increased by 213.8% and is now trading at $1.10. View the best growth stocks for 2024 here .

Are investors shorting Societal CDMO?

Societal CDMO saw a decline in short interest in March. As of March 31st, there was short interest totaling 2,400 shares, a decline of 99.1% from the March 15th total of 271,500 shares. Based on an average daily volume of 7,100 shares, the short-interest ratio is presently 0.3 days. View Societal CDMO's Short Interest .

When is Societal CDMO's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our SCTL earnings forecast .

How were Societal CDMO's earnings last quarter?

Societal CDMO, Inc. (NASDAQ:SCTL) released its quarterly earnings data on Friday, March, 22nd. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $27.72 million for the quarter, compared to the consensus estimate of $25.50 million. Societal CDMO had a negative net margin of 14.03% and a negative trailing twelve-month return on equity of 23.82%.

How do I buy shares of Societal CDMO?

Shares of SCTL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:SCTL

Societal CDMO (SCTL) Stock Price, News & Analysis

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$1.10

+0.01 (+0.92%)

(As of 04/8/2024)

Compare

Today's Range: $1.09
▼
$1.10
50-Day Range: $0.46
▼
$1.10
52-Week Range: $0.26
▼
$1.28

Volume: 514,600 shs
Average Volume: 957,342 shs
Market Capitalization: $116.26 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $1.80

Get Societal CDMO alerts:

Societal CDMO MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.67 Rating Score
Upside/Downside: 63.6% Upside
$1.80 Price Target
Short Interest: Healthy
0.00% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.67 out of 5 stars

Medical Sector

630th out of 919 stocks

Pharmaceutical Preparations Industry

269th out of 405 stocks

3.3

Analyst's Opinion

Consensus Rating
Societal CDMO has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Societal CDMO has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.00% of the outstanding shares of Societal CDMO have been sold short.
Short Interest Ratio / Days to Cover
Societal CDMO has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Societal CDMO has recently decreased by 99.12%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Societal CDMO does not currently pay a dividend.
Dividend Growth
Societal CDMO does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SCTL.

0.6

News and Social Media Coverage

MarketBeat Follows
3 people have added Societal CDMO to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Societal CDMO insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 7.60% of the stock of Societal CDMO is held by insiders.
Percentage Held by Institutions
87.15% of the stock of Societal CDMO is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Societal CDMO is -7.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Societal CDMO is -7.33, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Societal CDMO has a P/B Ratio of 1.96. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Societal CDMO Stock (NASDAQ:SCTL)

Societal CDMO, Inc., a contract development and manufacturing organization, engages in the research and development, manufacturing, and packaging for various therapeutic dosage forms primarily in the small molecules in the United States and internationally. The company provides end-to-end services, such as formulation development focusing on complex formulations, reformulation, physical characterization, and excipient compatibility; analytical methods development which offers a range of analytical testing capabilities, including product testing, ICH stability, method development and validation, chromatography and spectroscopy equipment, stability chambers, and microbial testing; and pharmaceutical manufacturing that provides milling, blending, compression, spray and rotary granulation, particle and bead coating, encapsulation, liquids, lyophilization, and sterile fill and finish services. It also offers regulatory support, including handling communications with the food and drug administration (FDA) and seek consultation and guidance for client FDA meetings and responses; and pharmaceutical packaging and logistics, as well as smaller-scale primary and secondary packaging, labeling and kitting options suited for clinical trial materials and development packaging needs across dosage forms. The company was formerly known as Recro Pharma, Inc. and changed its name to Societal CDMO, Inc. in March 2022. Societal CDMO, Inc. was incorporated in 2007 and is based in Exton, Pennsylvania.

SCTL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SCTL Stock News Headlines

April 8, 2024 | globenewswire.com

CoreRx, Inc. Completes Acquisition of Societal CDMO, Inc.

April 8, 2024 | businesswire.com

CoreRx, Inc. Completes Acquisition of Societal CDMO, Inc.

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

March 25, 2024 | investorplace.com

SCTL Stock Earnings: Societal CDMO Beats Revenue for Q4 2023

March 13, 2024 | businesswire.com

SOCIETAL CDMO INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Societal CDMO, Inc. - SCTL

March 12, 2024 | finance.yahoo.com

Owning 36% shares,institutional owners seem interested in Societal CDMO, Inc. (NASDAQ:SCTL),

March 1, 2024 | businesswire.com

SOCIETAL CDMO INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Societal CDMO, Inc. - SCTL

February 29, 2024 | finanznachrichten.de

Societal CDMO, Inc.: Societal CDMO Enters Into Definitive Agreement to be Acquired by CoreRx, Inc.

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

February 29, 2024 | msn.com

Why Is Biotech/Pharma Contract Service Provider Societal CDMO Stock Trading Higher On Thursday?

February 29, 2024 | investorplace.com

Why Is Societal CDMO (SCTL) Stock Up 133% Today?

February 28, 2024 | msn.com

Societal CDMO stock soars 133% on takeover deal

February 28, 2024 | businesswire.com

SCTL Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Societal CDMO, Inc. Is Fair to Shareholders

February 28, 2024 | globenewswire.com

Societal CDMO Enters Into Definitive Agreement to be Acquired by CoreRx, Inc.

February 10, 2024 | finance.yahoo.com

Societal CDMO Reaches US$52m Market Cap Benefiting Insider Stock Buying

February 6, 2024 | benzinga.com

Societal CDMO Stock (NASDAQ:SCTL) Dividends: History, Yield and Dates

February 1, 2024 | finance.yahoo.com

Societal CDMO and Benuvia Sign Co-Marketing Agreement Designed to Promote Complementary CDMO and API Manufacturing Services to Drug Developers

December 31, 2023 | finance.yahoo.com

Societal CDMO, Inc.'s (NASDAQ:SCTL) Intrinsic Value Is Potentially 98% Above Its Share Price

December 9, 2023 | morningstar.com

Societal CDMO Inc SCTL

November 10, 2023 | finance.yahoo.com

Societal CDMO, Inc. (NASDAQ:SCTL) Q3 2023 Earnings Call Transcript

November 9, 2023 | finanznachrichten.de

Societal CDMO, Inc.: Societal CDMO Reports Third Quarter 2023 Financial Results

November 8, 2023 | benzinga.com

Recap: Societal CDMO Q3 Earnings

November 8, 2023 | finance.yahoo.com

Societal CDMO Inc (SCTL) Reports Q3 2023 Financial Results Amidst Strategic Reorganization

November 8, 2023 | finance.yahoo.com

Societal CDMO Reports Third Quarter 2023 Financial Results

November 7, 2023 | benzinga.com

Earnings Preview: Societal CDMO

November 1, 2023 | finance.yahoo.com

Societal CDMO to Report Financial Results for Third Quarter 2023 on November 8, 2023

September 25, 2023 | finance.yahoo.com

Societal CDMO to Participate in RBC Capital Markets Virtual CDMO Conference

See More Headlines

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Company Calendar

Last Earnings: 3/22/2024
Today: 4/18/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Medical
Industry: Pharmaceutical preparations
Sub-Industry: N/A
Current Symbol: NASDAQ:SCTL
CUSIP: N/A
CIK: 1588972
Web: www.recrocdmo.com
Phone: (770) 534-8239
Fax: 484-395-2471
Employees: 258
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $1.80
High Stock Price Target: $2.50
Low Stock Price Target: $1.10
Potential Upside/Downside: +63.6%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.67
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.15)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-13,270,000.00
Net Margins: -14.03%
Pretax Margin: -13.89%
Return on Equity: -23.82%
Return on Assets: -8.80%

Debt

Debt-to-Equity Ratio: 0.01
Current Ratio: 1.07
Quick Ratio: 0.86

Sales & Book Value

Annual Sales: $94.64 million
Price / Sales: 1.23
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $0.56 per share
Price / Book: 1.96

Miscellaneous

Outstanding Shares: 105,691,000
Free Float: 97,658,000
Market Cap: $116.26 million
Optionable: Optionable
Beta: 1.61

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Key Executives

Mr. Wayne B. Weisman J.D. (Age 68)
Executive Chairman of the Board
Comp: $85k
Mr. J. David Enloe Jr. (Age 60)
President, CEO & Director
Comp: $1.02M
Mr. Ryan D. Lake CPA (Age 47)
Senior VP & CFO
Comp: $716.26k
Mr. Marshall Rizzo M.B.A.
Senior VP & COO
Mr. Richard Sidwell Ph.D.
Senior VP & Chief Scientific Officer
Ms. Cristin Grove
Vice President of Sales
Ms. Erica Raether M.A.
Senior VP & Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

SCTL Stock Analysis - Frequently Asked Questions

Should I buy or sell Societal CDMO stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Societal CDMO in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" SCTL shares.
View SCTL analyst ratings or view top-rated stocks.
What is Societal CDMO's stock price target for 2024?: 3 brokerages have issued 12-month price objectives for Societal CDMO's stock. Their SCTL share price targets range from $1.10 to $2.50. On average, they predict the company's stock price to reach $1.80 in the next twelve months. This suggests a possible upside of 63.6% from the stock's current price.
View analysts price targets for SCTL or view top-rated stocks among Wall Street analysts.
How have SCTL shares performed in 2024?: Societal CDMO's stock was trading at $0.3505 on January 1st, 2024. Since then, SCTL stock has increased by 213.8% and is now trading at $1.10.
View the best growth stocks for 2024 here.
Are investors shorting Societal CDMO?: Societal CDMO saw a decline in short interest in March. As of March 31st, there was short interest totaling 2,400 shares, a decline of 99.1% from the March 15th total of 271,500 shares. Based on an average daily volume of 7,100 shares, the short-interest ratio is presently 0.3 days.
View Societal CDMO's Short Interest.

When is Societal CDMO's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our SCTL earnings forecast.
How were Societal CDMO's earnings last quarter?: Societal CDMO, Inc. (NASDAQ:SCTL) released its quarterly earnings data on Friday, March, 22nd. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $27.72 million for the quarter, compared to the consensus estimate of $25.50 million. Societal CDMO had a negative net margin of 14.03% and a negative trailing twelve-month return on equity of 23.82%.
How do I buy shares of Societal CDMO?: Shares of SCTL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:SCTL) was last updated on 4/18/2024 by MarketBeat.com Staff

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