Charles Schwab Corp. (NYSE: SCHW)’s stock price has gone decline by -0.69 in comparison to its previous close of 71.36, however, the company has experienced a 4.50% increase in its stock price over the last five trading days. fool.com reported 2024-10-21 that We also kick off a series exploring Warren Buffett’s Berkshire Hathaway.
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 27.68x 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.”
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The public float for SCHW is 1.67B, and currently, shorts hold a 1.07% of that float. The average trading volume for SCHW on October 22, 2024 was 8.87M shares.
SCHW’s Market Performance
SCHW’s stock has seen a 4.50% increase for the week, with a 8.38% rise in the past month and a 8.80% gain in the past quarter. The volatility ratio for the week is 2.27%, and the volatility levels for the past 30 days are at 1.76% for Charles Schwab Corp. The simple moving average for the last 20 days is 6.31% for SCHW’s stock, with a simple moving average of 3.58% for the last 200 days.
Analysts’ Opinion of SCHW
Many brokerage firms have already submitted their reports for SCHW stocks, with Wells Fargo repeating the rating for SCHW by listing it as a “Equal Weight.” The predicted price for SCHW in the upcoming period, according to Wells Fargo is $70 based on the research report published on September 12, 2024 of the current year 2024.
Piper Sandler, on the other hand, stated in their research note that they expect to see SCHW reach a price target of $64, previously predicting the price at $80. The rating they have provided for SCHW stocks is “Neutral” according to the report published on July 29th, 2024.
TD Cowen gave a rating of “Hold” to SCHW, setting the target price at $71 in the report published on July 17th of the current year.
SCHW Trading at 8.88% 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 -10.84% of loss for the given period.
Volatility was left at 1.76%, however, over the last 30 days, the volatility rate increased by 2.27%, as shares surge +9.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.56% upper at present.
During the last 5 trading sessions, SCHW rose by +4.50%, which changed the moving average for the period of 200-days by +5.95% in comparison to the 20-day moving average, which settled at $66.67. In addition, Charles Schwab Corp. saw 3.01% 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 proposed sale 17,225 shares at the price of $70.60 back on Oct 21 ’24. After this action, Schwab Charles R. now owns shares of Charles Schwab Corp., valued at $1,216,085 using the latest closing price.
Schwab-Pomerantz Carolyn, the Director of Charles Schwab Corp., sale 29,800 shares at $72.16 during a trade that took place back on Oct 17 ’24, which means that Schwab-Pomerantz Carolyn is holding 551,329 shares at $2,150,379 based on the most recent closing price.
Stock Fundamentals for SCHW
Current profitability levels for the company are sitting at:
- -0.1 for the present operating margin
- 0.24 for the gross margin
The net margin for Charles Schwab Corp. stands at 0.46. The total capital return value is set at -0.0. Equity return is now at value 12.11, with 1.09 for asset returns.
Based on Charles Schwab Corp. (SCHW), the company’s capital structure generated 0.44 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 0.79. The interest coverage ratio of the stock is 0.16.
Currently, EBITDA for the company is 10.62 billion with net debt to EBITDA at -3.41. When we switch over and look at the enterprise to sales, we see a ratio of 11.89.
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.
