The Charles Schwab Corporation (NYSE: SCHW) is 11.35% higher on its value in year-to-date trading and has touched a low of $28.00 and a high of $57.83 in the current 52-week trading range. The SCHW stock was last observed hovering at around $57.41 in the last trading session, with the day’s gains setting it 1.65% off its average median price target of $54.50 for the next 12 months. It is also 13.15% off the consensus price target high of $68.00 offered by 19 analysts, but current levels are -44.05% lower than the price target low of $41.00 for the same period.
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Currently trading at $59.06, the stock is 13.73% and 22.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.82 million and changing 2.87% at the moment leaves the stock 52.53% off its SMA200. SCHW registered 23.27% gain for a year compared to 6-month gain of 74.32%. The firm has a 50-day simple moving average (SMA 50) of $50.91 and a 200-day simple moving average (SMA200) of $40.04.
The stock witnessed a 16.35% loss in the last 1 month and extending the period to 3 months gives it a 56.33%, and is 12.69% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.34% over the week and 2.17% over the month.
The Charles Schwab Corporation (SCHW) has around 22100 employees, a market worth around $109.51B and $10.61B in sales. Current P/E ratio is 27.34 and Fwd P/E is 23.61. Profit margin for the company is 26.30%. Distance from 52-week low is 110.93% and 2.13% from its 52-week high. The company has generated returns on investments over the last 12 months (1.50%).
The Charles Schwab Corporation (SCHW) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for The Charles Schwab Corporation (SCHW) is a “Overweight”. 19 analysts offering their recommendations for the stock have an average rating of 2.30, where 8 rate it as a Hold and 0 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
The Charles Schwab Corporation is expected to release its quarterly report on 04/21/2021 and quarterly earnings per share for the current quarter are estimated at $0.69 with sales reaching $4.07B over the same period.The EPS is expected to grow by 9.20% this year, but quarterly earnings will post 8.20% year-over-year. Quarterly sales are estimated to grow 56.30% in year-over-year returns.
The Charles Schwab Corporation (SCHW) Top Institutional Holders
1,416 institutions hold shares in The Charles Schwab Corporation (SCHW), with 119.25M shares held by insiders accounting for 7.11% while institutional investors hold 75.77% of the company’s shares. The shares outstanding are 1.80B, and float is at 1.49B with Short Float at 1.04%. Institutions hold 70.38% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 96.76 million shares valued at $3.51 billion. The investor’s holdings represent 5.38% of the SCHW Shares outstanding. As of Sep 29, 2020, the second largest holder is Dodge & Cox Inc with 95.66 million shares valued at $3.47 billion to account for 5.32% of the shares outstanding. The other top investors are Vanguard Group, Inc. (The) which holds 87.04 million shares representing 4.84% and valued at over $3.15 billion, while Wellington Management Company, LLP holds 3.21% of the shares totaling 57.64 million with a market value of $2.09 billion.
The Charles Schwab Corporation (SCHW) Insider Activity
A total of 64 insider transactions have happened at The Charles Schwab Corporation (SCHW) in the last six months, with sales accounting for 37 and purchases happening 27 times. The most recent transaction is an insider sale by Craig Jonathan M., the company’s Senior EVP. SEC filings show that Craig Jonathan M. sold 3,503 shares of the company’s common stock on Jan 07 at a price of $58.98 per share for a total of $0.21 million. Following the sale, the insider now owns 0.0 shares.
The Charles Schwab Corporation disclosed in a document filed with the SEC on Jan 06 that Craig Jonathan M. (Senior EVP) sold a total of 7,316 shares of the company’s common stock. The trade occurred on Jan 06 and was made at $55.94 per share for $0.41 million. Following the transaction, the insider now directly holds 0.0 shares of the SCHW stock.
Still, SEC filings show that on Dec 29, Craig Jonathan M. (Senior EVP) disposed off 3,813 shares at an average price of $52.99 for $0.2 million. The insider now directly holds 0 shares of The Charles Schwab Corporation (SCHW).
The Charles Schwab Corporation (SCHW): Who are the competitors?
The company’s main competitors (and peers) include Bank of America Corporation (BAC) that is trading -6.03% down over the past 12 months. LPL Financial Holdings Inc. (LPLA) is 17.40% up on the 1-year trading charts. Short interest in the company’s stock has fallen -31.5% from the last report on Nov 12, 2020 to stand at a total of 20.37 million short shares sold with a short interest ratio of 1.63.