SmileDirectClub (SDC) could be worth $16 in the next year
What’s up with SmileDirectClub?
SmileDirectClub (SDC) opened at $7.61, which means the stock is up 6.40% from yesterday’s closing price of 7.56. Today, the company has a high of $8.20 and a low of $7.54. The company has a market cap of $3.09 billion with a 52-week high of $21.10 and a 52-week low of $3.64.
What about the future for SmileDirectClub?
The high forecast for SmileDirectClub is 16.00 while the low is 3.00. Stock forecasts are based on human experience: Human traders based on their experience in terms of stock price patterns, volume changes, and market news/rumors regarding a particular stock. SmileDirectClub has a weak forecast. A weak forecast is due to the company posting consistent losses in their earning reports. The future outlook does not seem too bright as this could potentially cause the company to file for bankruptcy. Based on this information SDC seems to be a risky buy.
Founded in 2014, SmileDirectClub now represents 95% of the doctor-directed at-home clear aligner industry. We’ve helped over a million people transform their smiles – their before and happily ever after photos speak for themselves. We have grown to more than 6,300 employees with 391 SmileShop locations and counting.