Charles Schwab Corp. (NYSE: SCHW) has a price-to-earnings ratio that is above its average at 28.54x. The stock has a 36-month beta value of 1.00. Opinions on the stock are mixed, 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 at present, short sellers hold a 0.90% of that float. On April 08, 2024, the average trading volume of SCHW was 7.57M shares.
SCHW) stock’s latest price update
The stock price of Charles Schwab Corp. (NYSE: SCHW) has surged by 0.77 when compared to previous closing price of 71.89, but the company has seen a 0.10% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-08 that Charles Schwab (SCHW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
SCHW’s Market Performance
Charles Schwab Corp. (SCHW) has experienced a 0.10% rise in stock performance for the past week, with a 6.24% rise in the past month, and a 7.76% rise in the past quarter. The volatility ratio for the week is 1.61%, and the volatility levels for the past 30 days are at 1.78% for SCHW. The simple moving average for the last 20 days is 3.80% for SCHW stock, with a simple moving average of 18.18% for the last 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 8.80% 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 -0.72% of loss for the given period.
Volatility was left at 1.78%, however, over the last 30 days, the volatility rate increased by 1.61%, as shares surge +7.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.62% upper at present.
During the last 5 trading sessions, SCHW rose by +0.03%, which changed the moving average for the period of 200-days by +34.13% in comparison to the 20-day moving average, which settled at $70.05. In addition, Charles Schwab Corp. saw 5.30% 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 ADAMS JOHN K JR, who sale 15,701 shares at the price of $72.64 back on Mar 22 ’24. After this action, ADAMS JOHN K JR now owns 44,451 shares of Charles Schwab Corp., valued at $1,140,539 using the latest closing price.
Murtagh Nigel J, the Chief Risk Officer of Charles Schwab Corp., sale 12,948 shares at $70.03 during a trade that took place back on Mar 21 ’24, which means that Murtagh Nigel J is holding 81,446 shares at $906,686 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 8.8. The receivables turnover for the company is 0.22for trailing twelve months and the total asset turnover is 0.03.
Conclusion
To sum up, Charles Schwab Corp. (SCHW) has seen a better performance recently. Analysts have differing views on the stock, with some seeing 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.
