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Check out this: Charles Schwab Corp (SCHW) could be on the verge of a big rally

Charles Schwab Corp (NYSE: SCHW) is 18.42% higher on its value in year-to-date trading and has touched a low of $59.67 and a high of $83.35 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SCHW stock was last observed hovering at around $81.81 in the last trading session, with the day’s loss setting it -0.34%.

Currently trading at $81.47, the stock is 1.22% and 10.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.03 million and changing -0.42% at the moment leaves the stock 15.42% off its SMA200. SCHW registered 31.06% gain for a year compared to 6-month gain of 10.20%. The firm has a 50-day simple moving average (SMA 50) of $73.7136 and a 200-day simple moving average (SMA200) of $70.5847.

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The stock witnessed a 7.55% loss in the last 1 month and extending the period to 3 months gives it a 29.30%, and is -1.56% down 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 1.81% over the week and 1.87% over the month.

Charles Schwab Corp (SCHW) has around 33000 employees, a market worth around $148.52B and $25.64B in sales. Current P/E ratio is 31.84 and Fwd P/E is 21.19. Profit margin for the company is 18.28%. Distance from 52-week low is 36.53% and -2.26% from its 52-week high. The company has generated returns on investments over the last 12 months (5.08%).

The EPS is expected to shrink by -0.02% this year.

Charles Schwab Corp (SCHW) Top Institutional Holders

2354.0 institutions hold shares in Charles Schwab Corp (SCHW), with institutional investors hold 90.49% of the company’s shares. The shares outstanding are 1.78B, and float is at 1.68B with Short Float at 1.01%. Institutions hold 84.82% 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 Beatty Jonathan S, the company’s MD, Head of Advisor Services. SEC filings show that Beatty Jonathan S sold 2,300 shares of the company’s common stock on Nov 25 ’24 at a price of $82.01 per share for a total of $0.19 million. Following the sale, the insider now owns 18069.0 shares.

Charles Schwab Corp disclosed in a document filed with the SEC on Nov 22 ’24 that Murtagh Nigel J (Chief Risk Officer) sold a total of 12,739 shares of the company’s common stock. The trade occurred on Nov 22 ’24 and was made at $81.17 per share for $1.03 million. Following the transaction, the insider now directly holds 59092.0 shares of the SCHW stock.

Still, SEC filings show that on Nov 22 ’24, Murtagh Nigel J (Officer) Proposed Sale 12,739 shares at an average price of $81.17 for $1.03 million. The insider now directly holds shares of Charles Schwab Corp (SCHW).

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