The stock price of Charles Schwab Corp. (NYSE: SCHW) has jumped by 0.67 compared to previous close of 72.93. Despite this, the company has seen a gain of 4.84% in its stock price over the last five trading days. The Motley Fool reported 2024-04-15 that Schwab’s quarter was a slight beat, with revenue down year over year. Management is upbeat about the quarters to come thanks to strong growth in retail accounts.
Is It Worth Investing in Charles Schwab Corp. (NYSE: SCHW) Right Now?
Charles Schwab Corp. (NYSE: SCHW) has a higher price-to-earnings ratio of 30.77x compared to its average ratio. SCHW has 36-month beta value of 0.98. 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 0.90% ratio of that float. The average trading volume of SCHW on April 22, 2024 was 7.30M shares.
SCHW’s Market Performance
The stock of Charles Schwab Corp. (SCHW) has seen a 4.84% increase in the past week, with a 5.38% rise in the past month, and a 15.11% gain in the past quarter. The volatility ratio for the week is 2.96%, and the volatility levels for the past 30 days are at 2.07% for SCHW. The simple moving average for the last 20 days is 2.32% for SCHW’s stock, with a simple moving average of 18.32% 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 7.75% 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 -0.62% of loss for the given period.
Volatility was left at 2.07%, however, over the last 30 days, the volatility rate increased by 2.96%, as shares surge +2.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.60% upper at present.
During the last 5 trading sessions, SCHW rose by +4.84%, which changed the moving average for the period of 200-days by +29.51% in comparison to the 20-day moving average, which settled at $71.83. In addition, Charles Schwab Corp. saw 6.72% 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 Crawford Peter B., who sale 5,482 shares at the price of $73.46 back on Apr 18 ’24. After this action, Crawford Peter B. now owns 60,567 shares of Charles Schwab Corp., valued at $402,708 using the latest closing price.
MARTINETTO JOSEPH R, the COO of Charles Schwab Corp., sale 43,000 shares at $70.83 during a trade that took place back on Apr 16 ’24, which means that MARTINETTO JOSEPH R is holding 41,414 shares at $3,045,595 based on the most recent closing price.
Stock Fundamentals for SCHW
Current profitability levels for the company are sitting at:
- 0.18 for the present operating margin
- 0.6 for the gross margin
The net margin for Charles Schwab Corp. stands at 0.24. The total capital return value is set at 0.01. Equity return is now at value 12.26, with 0.96 for asset returns.
Based on Charles Schwab Corp. (SCHW), the company’s capital structure generated 0.35 points at debt to capital in total, while cash flow to debt ratio is standing at 0.16. The debt to equity ratio resting at 0.54. The interest coverage ratio of the stock is 1.44.
Currently, EBITDA for the company is 10.62 billion with net debt to EBITDA at -1.46. When we switch over and look at the enterprise to sales, we see a ratio of 6.02.
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.
