Charles Schwab Corp. (SCHW): A Technical Analysis

Charles Schwab Corp. (NYSE: SCHW) has a higher price-to-earnings ratio of 28.10x compared to its average ratio. SCHW has 36-month beta value of 1.00. Analysts have mixed views on the stock, with 9 analysts rating it as a “buy,” 5 as “overweight,” 5 as “hold,” and 0 as “sell.”

The public float for SCHW is 1.67B, and currently, short sellers hold a 0.89% ratio of that float. The average trading volume of SCHW on March 26, 2024 was 7.69M shares.

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SCHW) stock’s latest price update

The stock of Charles Schwab Corp. (NYSE: SCHW) has decreased by -0.38 when compared to last closing price of 71.60.Despite this, the company has seen a gain of 5.83% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-25 that The Charles Schwab Corporation (SCHW) closed at $71.33 in the latest trading session, marking a -0.38% move from the prior day.

SCHW’s Market Performance

Charles Schwab Corp. (SCHW) has seen a 5.83% rise in stock performance for the week, with a 10.69% gain in the past month and a 4.62% surge in the past quarter. The volatility ratio for the week is 2.18%, and the volatility levels for the past 30 days are at 1.90% for SCHW.. The simple moving average for the past 20 days is 5.60% for SCHW’s stock, with a 17.83% simple moving average for the past 200 days.

Analysts’ Opinion of SCHW

Many brokerage firms have already submitted their reports for SCHW stocks, with TD Cowen repeating the rating for SCHW by listing it as a “Outperform.” The predicted price for SCHW in the upcoming period, according to TD Cowen is $87 based on the research report published on March 22, 2024 of the current year 2024.

Keefe Bruyette, on the other hand, stated in their research note that they expect to see SCHW reach a price target of $70, previously predicting the price at $75. The rating they have provided for SCHW stocks is “Mkt Perform” according to the report published on January 18th, 2024.

Citigroup gave a rating of “Neutral” to SCHW, setting the target price at $70 in the report published on January 10th of the current year.

SCHW Trading at 9.42% from the 50-Day Moving Average

After a stumble in the market that brought SCHW to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.21% of loss for the given period.

Volatility was left at 1.90%, however, over the last 30 days, the volatility rate increased by 2.18%, as shares surge +10.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.30% upper at present.

During the last 5 trading sessions, SCHW rose by +5.83%, which changed the moving average for the period of 200-days by +28.22% in comparison to the 20-day moving average, which settled at $67.89. In addition, Charles Schwab Corp. saw 3.68% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SCHW starting from Craig Jonathan M., who sale 4,977 shares at the price of $70.01 back on Mar 21 ’24. After this action, Craig Jonathan M. now owns 0 shares of Charles Schwab Corp., valued at $348,430 using the latest closing price.

Craig Jonathan M. sale 48,751 shares at $67.80 during a trade that took place back on Mar 06 ’24, which means that Craig Jonathan M. is holding 0 shares at $3,305,083 based on the most recent closing price.

Stock Fundamentals for SCHW

Current profitability levels for the company are sitting at:

  • 0.27 for the present operating margin
  • 0.48 for the gross margin

The net margin for Charles Schwab Corp. stands at 0.31. The total capital return value is set at 0.01. Equity return is now at value 13.07, with 0.97 for asset returns.

Based on Charles Schwab Corp. (SCHW), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.23. The debt to equity ratio resting at 1.45. The interest coverage ratio of the stock is 1.46.

Currently, EBITDA for the company is 10.62 billion with net debt to EBITDA at 2.42. When we switch over and look at the enterprise to sales, we see a ratio of 8.67. The receivables turnover for the company is 0.22for trailing twelve months and the total asset turnover is 0.03.

Conclusion

To put it simply, Charles Schwab Corp. (SCHW) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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