Charles Schwab Corp. (NYSE: SCHW) is -5.67% lower on its value in year-to-date trading and has touched a low of $48.66 and a high of $79.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SCHW stock was last observed hovering at around $64.29 in the last trading session, with the day’s gains setting it 0.61%.
Currently trading at $64.90, the stock is 1.43% and 1.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.48 million and changing 0.95% at the moment leaves the stock -5.07% off its SMA200. SCHW registered 25.97% gain for a year compared to 6-month loss of -10.21%. The firm has a 50-day simple moving average (SMA 50) of $63.9446 and a 200-day simple moving average (SMA200) of $68.3659.
The stock witnessed a 3.00% gain in the last 1 month and extending the period to 3 months gives it a -13.04%, and is 1.55% 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 1.64% over the week and 1.95% over the month.
Charles Schwab Corp. (SCHW) has around 33000 employees, a market worth around $115.42B and $25.49B in sales. Current P/E ratio is 26.97 and Fwd P/E is 17.15. Profit margin for the company is 17.28%. Distance from 52-week low is 33.37% and -18.35% from its 52-week high. The company has generated returns on investments over the last 12 months (4.85%).
with sales reaching $4.77B over the same period.The EPS is expected to shrink by -2.52% this year, but quarterly earnings will post 1.90% year-over-year.
Charles Schwab Corp. (SCHW) Top Institutional Holders
2389.0 institutions hold shares in Charles Schwab Corp. (SCHW), with institutional investors hold 86.08% of the company’s shares. The shares outstanding are 1.77B, and float is at 1.67B with Short Float at 0.97%. Institutions hold 80.69% of the Float.
The top institutional shareholder in the company is TORONTO DOMINION BANK with over 225.96 million shares valued at $16.65 billion. The investor’s holdings represent 12.3815% of the SCHW Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 122.21 million shares valued at $9.01 billion to account for 6.6963 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 101.02 million shares representing 5.5355% and valued at over $7.44 billion, while DODGE & COX holds 4.7007 of the shares totaling 85.79 million with a market value of $6.32 billion.
Charles Schwab Corp. (SCHW) Insider Activity
The most recent transaction is an insider sale by Schwab-Pomerantz Carolyn, the company’s Director. SEC filings show that Schwab-Pomerantz Carolyn sold 9,000 shares of the company’s common stock on Sep 17 ’24 at a price of $64.05 per share for a total of $0.58 million. Following the sale, the insider now owns 0.55 million shares.
Still, SEC filings show that on Aug 15 ’24, Schwab-Pomerantz Carolyn (Director) disposed off 12,320 shares at an average price of $65.10 for $0.8 million. The insider now directly holds 562,129 shares of Charles Schwab Corp. (SCHW).
