SDC - SmileDirectClub, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
12.90
-0.36 (-2.75%)
At close: 4:00PM EST
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Previous Close13.26
Open13.24
Bid13.00 x 3200
Ask13.04 x 1300
Day's Range12.77 - 13.94
52 Week Range0.10 - 21.10
Volume14,681,293
Avg. Volume7,931,529
Market Cap4.93B
Beta (5Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)-1.12
Earnings DateNov 11, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est18.64
  • Signet Jewelers, Urban Outfitters, Smile Direct and Align Technology highlighted as Zacks Bull and Bear of the Day
    Zacks

    Signet Jewelers, Urban Outfitters, Smile Direct and Align Technology highlighted as Zacks Bull and Bear of the Day

    Signet Jewelers, Urban Outfitters, Smile Direct and Align Technology highlighted as Zacks Bull and Bear of the Day

  • Smile Direct Club (SDC): The Comeback Story
    Zacks

    Smile Direct Club (SDC): The Comeback Story

    In the 2 weeks of 2020, SDC shares have appreciated over 60% in value due to a couple of critical announcements

  • SmileDirectClub jumps on plans to start selling aligners to dentists
    Reuters

    SmileDirectClub jumps on plans to start selling aligners to dentists

    Shares of Align, which manufactured clear aligners for SmileDirectClub, were down 3.9% at $286.47. SmileDirectClub, which sold its aligners online after virtual consultations using 3D imaging technology, said it was no longer obligated to stick to the direct-to-consumer channel as agreed with Align, which also makes clear aligners called Invisalign.

  • SmileDirect Will Start Selling Its Aligners to Orthodontists
    Bloomberg

    SmileDirect Will Start Selling Its Aligners to Orthodontists

    (Bloomberg) -- SmileDirectClub Inc. will start selling its teeth-straightening products to dentists and orthodontists, putting it in direct competition with one-time partner Align Technology Inc.’s Invisalign.A supply pact with Align that limited SmileDirectClub to selling its products only online and in retail shops expired at the end of 2019, the Nashville, Tennessee-based company said in a statement announcing the move Tuesday.“With our agreement with Align Technology now expired, we are no longer obligated to stay in the direct-to-consumer channel,” SmileDirectClub co-founder Alex Fenkell said in the statement. “We’re excited to expand our offering.”SmileDirectClub gained 17% to $11.95 at 9:35 a.m. in New York. Align fell 3.7% to $287.03.Nashville-based SmileDirectClub makes 3D-printed aligners that are custom fit to patients based on impressions made in shops or at home with a kit. The company says that more than 750,000 people have used its teeth-straightening products since it was founded in 2014.SmileDirectClub will now sell directly to members of a profession that once tried to stop it. Some traditional orthodontists have warned consumers about the possible dangers of using SmileDirectClub, and the industry’s main trade association filed complaints against the startup in dozens of states.Direct to DentistsThe move also puts SmileDirectClub into head-to-head competition with Align, which sued the company in 2015 for patent infringement. The suit was eventually dropped, and Align became a major investor in SmileDirectClub and a third-party supplier of its products prior to SmileDirectClub’s initial public offering in September. Align no longer holds a stake, SmileDirectClub said.SmileDirectClub said it had seen increasing demand from dentists and orthodontists in its network who wanted to provide its aligners to in-office patients.“Individual orthodontists and dentists do what is in the best interests of their practices,” SmileDirectClub Chief Clinical Officer Jeffrey Sulitzer said in an interview. “When there is a good business opportunity, they will take advantage of it, and this will be a great business opportunity.”The company said that only about 30% of U.S. dentists and orthodontists now offer clear-aligner therapy for their in-office patients.The news follows a Jan. 6 announcement by SmileDirectClub that it would sell a new line of oral care products exclusively through Walmart Inc.While its stock rose sharply after the Walmart news, it had been down by more than half since the IPO as of Monday’s close.(Updates shares in the fourth paragraph)To contact the reporter on this story: Robert Langreth in New York at rlangreth@bloomberg.netTo contact the editors responsible for this story: Drew Armstrong at darmstrong17@bloomberg.net, Mark SchoifetFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.

  • GlobeNewswire

    Smile Direct Club Clear Aligners Now Available at Dentist and Orthodontist Offices

    SmileDirectClub, the industry pioneer and first direct-to-consumer medtech platform for teeth straightening, today announced plans to offer its clear aligners through the wholesale channel, providing dentists and orthodontists an in-office option in 2020. With the December 31, 2019 expiration of its exclusive supply agreement with Align Technology, Inc., SmileDirectClub will expand access to its clear aligner therapy solutions and open its network to dentists and orthodontists in search of a premium and affordable teeth straightening solution for their patients. “We have seen increasing demand from the dentists and orthodontists in our network who wish to provide SmileDirectClub clear aligners to their in-office patients, and with our agreement with Align Technology now expired, we are no longer obligated to stay in the direct-to-consumer channel,” said SmileDirectClub Co-Founder Alex Fenkell.

  • TheStreet.com

    SmileDirectClub Beaming as Wholesale Dental Product Venture Boosts Shares

    SmileDirectClub's entry into the wholesale market will expand the customer base for its clear teeth aligners.

  • GlobeNewswire

    Smile Direct Club Scores Victory Over The New Jersey Dental Association

    “We are pleased that the Superior Court of New Jersey granted our motion for summary judgment against the New Jersey Dental Association’s sham complaint against SmileDirectClub and concluded that its allegations about our business and the independence of the doctors who use our network are false,” said Susan Greenspon Rammelt, SmileDirectClub Chief Legal Officer, EVP of Business Affairs and Corporate Secretary. The New Jersey Dental Association’s January 2019 complaint alleged that SmileDirectClub illegally practiced dentistry in New Jersey through its control over the dentists that choose to utilize SmileDirectClub’s marketing and administrative support services and its teledentistry platform and that its marketing practices were in violation of New Jersey law.

  • Loop Capital: 3 ‘Best Ideas’ That Are Ripe for Double-Digit Gains
    TipRanks

    Loop Capital: 3 ‘Best Ideas’ That Are Ripe for Double-Digit Gains

    It’s a new year, and Wall Street’s market watchers are putting together their lists of stocks to buy and stocks to avoid. Expect to see headlines about Conviction Lists and Top Picks, and pay attention – you are likely to find some good ideas there.Loop Capital, named for Chicago’s famous downtown neighborhood and financial center, got its start in 1997, and has since grown into a global investment firm, offering trading and brokerage, risk management, and other financial services. Their growth has been powered by a simple commitment: put the client first, every time. And now Loop Capital has released their list – the Best Ideas for 2020.We filtered the Loop's picks through our Stock Screener tool, looking for those with Strong Buy consensus ratings, perfect 10s from the Smart Score, and a solid upside potential. We found three that fit the profile. Let's take a closer look.SmileDirectClub, Inc. (SDC)Digital technology has impacted so many areas of our daily lives. The internet has supercharged the speed with which we communicate, the way we gather information, and the way we interact with technology. The rise of telemedicine, consultation with medical professionals via two-way streaming video, is a prime example of these changes in action.SmileDirectClub inhabits the telemedicine sector, in the dentistry niche. The company produces clear aligners as a competitor to braces, through 3D printing. Customers interact with the company’s orthodontists virtually, receive tooth impression kits through the mail and later receive the finished product the same way. All tooth molds are reviewed by licensed dentists and orthodontists.SDC started trading publicly in September last year, and failed to impress investors. The stock fell 47% by the end of 2019. On January 6, however, the company’s fortunes started turning around. Management announced an exclusive sales agreement with Walmart, including a line of oral-care products only available through the giant retailer. In response, SDC shares spiked 29% in one day. While that is just a small part of the previous losses, it appears stable to far and rests on a strong marketing development.Writing about SDC for Loop, analyst Laura Champine says, “We are highlighting SDC today as a small-cap growth stock with potential for a significant rebound in 2020 as investors appreciate the company’s growth prospects...” Champine noted important partnerships with pharmacy chains and insurance companies, but particularly pointed out expansion of the customer base as an avenue for growth: “The company’s new night-time aligner product can be used 10 hours per day versus the 22 hours per day for the core product – opening the youth market to SDC in our view.”Champine puts a Buy rating on the stock, along with a $15 price target that suggests an upside of 44%. (To watch Champine’s track record, click here)Champine is certainly not the first analyst with an optimistic outlook for the online dentistry company, as TipRanks analytics showcasing SDC stock as a Strong Buy. With an average price target of $18.80, analysts are predicting an upside of nearly 90%. In total, the stock has received 10 'buy' ratings vs. just 1 'hold' in the last three months. (See SmileDirectClub’s stock analysis at TipRanks)Alibaba Group (BABA)Even with lower levels of internet penetration, China still has the world’s single largest online market – upwards of 800 million people, more than double the entire US population. This is the base that supports Alibaba, the largest Chinese e-commerce company.Unlike Amazon, which controls both product supply and shipping along with the online customer contact platform, Alibaba is primarily a sales platform. The company connects merchants with customers, and takes a cut. As a measure of success, this past Singles Day (November 11, the company’s best online shopping day of the year), Alibaba set a new sales record of $38.4 billion.Strong sales performances have powered strong earnings and revenues. The week before Singles Day, BABA reported fiscal Q2 earnings and beat both the revenue and EPS forecasts. Revenues hit $16.65 billion, $180 million better than expected, while EPS came in at $1.83, 22% higher than expected. Even better for BABA’s prospects, the company saw monthly active users rise by 30 million in the quarter, to 785 million.Rob Sanderson, 5-star analyst with Loop, writes of this stock, “We are highlighting BABA as a blue-chip mega-cap that offers meaningful upside potential… While BABA shares outperformed their US mega-cap peers with an impressive 52% gain in 2019 (vs. S&P 500 up 27%), the stock is still a laggard on a two-year basis. We expect this performance gap will continue to narrow in 2020 as trade dynamics move along the path to resolution, the company executes on merger and other ecosystem synergies and robust earnings growth continues.”In line with this upbeat outlook, Sanderson puts a Buy rating on BABA. His $280 price target indicates confidence in 28% upside growth in the next 12 months. (To watch Sanderson’s track record, click here)BABA shares get a unanimous thumbs up, with 19 Buys backing the stock’s Strong Buy consensus rating. Shares sell for $221, and the average price target of $238 suggests an upside potential of 7.5%. While not spectacular, Wall Street agrees that this is as close to a sure thing as investors are likely to find. (See Alibaba stock analysis at TipRanks)Adesto Technologies (IOTS)The Internet of Things (IoT), the catch phrase of connected devices, especially in industry, is the premier example of the way that digitization is impacting the economy. From factory robots to autonomous cars, IoT is expanding its reach. Adesto produces the semiconductor chips and embedded systems devices need to make IoT networks function. The company sells to equipment manufacturers rather than the open market.That still gives Adesto a customer base of more than 5,000 companies around the world. IoT depends on connectivity, and will be heavily involved in the rollover to 5G and network tech improves and expands. Adesto’s chips provide advanced controller and memory functions, making the company essential in an essential industry. IOTS gained 82% in 2019.Adesto’s most recent quarterly earnings, reported in November for Q3 2019, show the company’s strong position. The 3 cent EPS was 50% higher than the forecast, but also far ahead of the year-ago quarter’s 4 cent loss. The solid revenue figure, $32.03 million, beat the forecast by 3% and the previous Q3 by 45%. It was the fourth consecutive quarter that IOTS beat estimates.David Williams wrote up Loops view of IOTS shares, “We believe Adesto is well-positioned to deliver outsized returns relative to peers, driven by strong execution, improving design win pipeline and secular trends relating to the ramp of 5G. We are particularly encouraged by the success within the core memory business and view adoption by multiple tier-one customers… as indicative of the quality pipeline of design wins.”Williams showed his confidence in a $13 price target, suggesting a robust 55% upside, and a Buy rating on the stock. (To watch Williams’ track record, click here)Adesto is another company with a unanimous Strong Buy consensus rating. Three of Wall Street’s top analysts have given the stock a Buy rating in the last two months. Considering the potential here, shares are priced at a bargain – just $8.72. The average price target, $12, suggests an upside of 38%. (See Adesto stock analysis at TipRanks)

  • GlobeNewswire

    Smile Direct Club to Participate in Upcoming Conference

    NASHVILLE, Tenn., Jan. 08, 2020 -- SmileDirectClub, Inc. (Nasdaq: SDC), announced today that management will attend the following conference: The 38th Annual J.P. Morgan.

  • GlobeNewswire

    Smile Direct Club, the global teledentistry pioneer, announces expansion into Hong Kong

    Teledentistry pioneer SmileDirectClub today announced its expansion into Asia, bringing doctor-directed remote clear aligner therapy to Hong Kong. Perfect for the busy lifestyle of Hongkongers, SmileDirectClub introduces a convenient and affordable teeth straightening solution developed from cutting-edge teledentistry technology. As the first medtech platform for direct-to-consumer teeth straightening, SmileDirectClub has revolutionized the global oral care industry.

  • Benzinga

    SmileDirectClub Launches Oral Care Products for Walmart

    SmileDirectClub (NASDAQ: SDC ) announced the launch Monday of a line of oral care products for Walmart Inc (NYSE: WMT ) U.S. stores and Walmart.com.  SmileDirectClub said it will also introduce three new ...

  • SmileDirectClub invades 3,800 Walmart stores with these new products
    Yahoo Finance

    SmileDirectClub invades 3,800 Walmart stores with these new products

    SmileDirectClub scores a big deal with Walmart.

  • GlobeNewswire

    Smile Direct Club Launches New Line of Oral Care Products Available Exclusively at Walmart

    SmileDirectClub, the industry pioneer and first direct-to-consumer medtech platform for teeth straightening, today announced the launch of an end-to-end solution to keep teeth fresh, clean, bright, and healthy: a suite of affordable yet premium oral care products available exclusively at Walmart U.S. stores and Walmart.com. SmileDirectClub is the first provider of clear aligner therapy to offer oral care products in mass retail. SmileDirectClub’s inaugural retail rollout includes a state-of-the-art electric toothbrush and bright on™, a premium teeth whitening system complete with LED light, now available at Walmart stores and Walmart.com.

  • TheStreet.com

    SmileDirectClub Soars on Deal With Walmart, Analyst's Buy Rating

    Shares of oral care company SmileDirectClub jumped Monday on news that it entered an exclusive deal with Walmart to sell several of its products and after an analyst's buy recommendation. The offerings include an electric toothbrush, a teeth whitening system with an LED light, whitening and sensitivity toothpastes, a water flosser and an ultrasonic UV cleaner that washes toothbrush heads, aligners and other dental items. "Today, we are proud to partner with Walmart, and look forward to disrupting the oral care aisle and category," Amy Keith, vice president of retail for Nashville-based SmileDirectClub, said in a statement.

  • Hedge Fund Darlings vs. SmileDirectClub, Inc. (SDC) In 2019
    Insider Monkey

    Hedge Fund Darlings vs. SmileDirectClub, Inc. (SDC) In 2019

    Last year's fourth quarter was a rough one for investors and many hedge funds, which were naturally unable to overcome the big dip in the broad market, as the S&P 500 fell by about 4.8% during 2018 and average hedge fund losing about 1%. The Russell 2000, composed of smaller companies, performed even worse, trailing […]

  • DraftKings to take a gamble on Wall Street despite not being profitable
    Yahoo Finance

    DraftKings to take a gamble on Wall Street despite not being profitable

    DraftKings CEO Jason Robins tells Yahoo Finance's On the Move why the company is going public despite not being profitable

  • Plaintiffs Drop Class Action Claims Against Smile Direct Club
    PR Newswire

    Plaintiffs Drop Class Action Claims Against Smile Direct Club

    SmileDirectClub, (Nasdaq: SDC), the industry pioneer and first direct-to-consumer medtech platform for teeth straightening, today announced that 21 of the consumer "class" plaintiffs under the Ciccio class action complaint have voluntarily withdrawn their claims, leaving only one plaintiff in court and one that has been sent to arbitration.

  • The 5 worst performing IPOs of 2019
    Yahoo Finance

    The 5 worst performing IPOs of 2019

    A raft of company's hit the public market in 2019, but may of them turned out to be absolute dogs. These are the worst performing IPOs of 2019.

  • GlobeNewswire

    Teledentistry Pioneer Smile Direct Club Brings Smiles to Germany

    Teledentistry pioneer SmileDirectClub today announced plans to increase its international expansion by introducing its clear aligner therapy to Germany in early 2020. The U.S.-based SmileDirectClub will open multiple SmileShops across the country, further expanding its doctor-directed remote clear aligner therapy in the European Union. With a mission to help people get a smile they’ll love so they have the confidence to positively impact their place in the world, SmileDirectClub makes access to premium teeth straightening products more affordable, accessible, and convenient.

  • Teledentistry Pioneer Smile Direct Club Brings Smiles to Germany
    PR Newswire

    Teledentistry Pioneer Smile Direct Club Brings Smiles to Germany

    Teledentistry pioneer SmileDirectClub today announced plans to increase its international expansion by introducing its clear aligner therapy to Germany in early 2020. The U.S.-based SmileDirectClub will open multiple SmileShops across the country, further expanding its doctor-directed remote clear aligner therapy in the European Union.

  • Are Insiders Buying SmileDirectClub, Inc. (NASDAQ:SDC) Stock?
    Simply Wall St.

    Are Insiders Buying SmileDirectClub, Inc. (NASDAQ:SDC) Stock?

    We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are...

  • What to expect from the 2020 IPO market
    Yahoo Finance Video

    What to expect from the 2020 IPO market

    The 2019 IPO market churned out a number of unforgettable disappoints, such as Uber, Lyft, and ill-fated office-sharing titan, WeWork. Will investors remain cautious of the IPO market in 2020? Scenic Advisement Founder and CEO Barrett Cohn joins The Final Round to discuss.

  • SmileDirect Club to start selling products at Walmart
    Yahoo Finance Video

    SmileDirect Club to start selling products at Walmart

    SmileDirect Club has made a deal with Walmart to start selling some of its products inside Walmart stores and on the Walmart website. Yahoo Finance’s Alexis Christoforous and Brian Sozzi go Inside the C-Suite and discuss on The First Trade.