Charles Schwab Corp. (NYSE: SCHW) has a higher price-to-earnings ratio of 31.87x compared to its average ratio, The 36-month beta value for SCHW is at 0.97. Analysts have varying views on the stock, with 9 analysts rating it as a “buy,” 5 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for SCHW is 1.67B, and currently, shorts hold a 0.87% of that float. The average trading volume for SCHW on May 06, 2024 was 7.18M shares.
SCHW) stock’s latest price update
Charles Schwab Corp. (NYSE: SCHW)’s stock price has increased by 0.94 compared to its previous closing price of 75.33. However, the company has seen a 1.40% increase in its stock price over the last five trading sessions. Proactive Investors reported 2024-05-02 that Social media influencers are boasting less of an impact on retail investors’ decision-making in the UK as market uncertainty has grown, research has found. These so-called finfluencers, who give financial advice on social media, have become a declining source of information since the end of 2021, Charles Schwab found in a report.
SCHW’s Market Performance
SCHW’s stock has risen by 1.40% in the past week, with a monthly rise of 6.57% and a quarterly rise of 20.81%. The volatility ratio for the week is 1.68% while the volatility levels for the last 30 days are 2.05% for Charles Schwab Corp. The simple moving average for the last 20 days is 3.85% for SCHW stock, with a simple moving average of 20.99% 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 8.07% 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 able to rebound, for now settling with 0.65% of gains for the given period.
Volatility was left at 2.05%, however, over the last 30 days, the volatility rate increased by 1.68%, as shares surge +5.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.65% upper at present.
During the last 5 trading sessions, SCHW rose by +1.40%, which changed the moving average for the period of 200-days by +15.14% in comparison to the 20-day moving average, which settled at $73.43. In addition, Charles Schwab Corp. saw 10.52% 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 Schwab Charles R., who sale 59,906 shares at the price of $74.78 back on Apr 29 ’24. After this action, Schwab Charles R. now owns 61,038,701 shares of Charles Schwab Corp., valued at $4,480,010 using the latest closing price.
Schwab Charles R., the Co-Chairman of Charles Schwab Corp., sale 59,905 shares at $74.96 during a trade that took place back on Apr 26 ’24, which means that Schwab Charles R. is holding 61,098,607 shares at $4,490,419 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 6.25.
Conclusion
In conclusion, Charles Schwab Corp. (SCHW) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
