rts logo

Are we looking at the next big move in Charles Schwab Corp (SCHW)?

Charles Schwab Corp (NYSE: SCHW) is 8.01% 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 $73.62 in the last trading session, with the day’s gains setting it 0.69%.

Currently trading at $74.31, the stock is -7.30% and -2.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.21 million and changing 0.94% at the moment leaves the stock 4.39% off its SMA200. SCHW registered 10.71% gain for a year compared to 6-month gain of -0.30%. The firm has a 50-day simple moving average (SMA 50) of $76.4746 and a 200-day simple moving average (SMA200) of $71.18525.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a -7.64% loss in the last 1 month and extending the period to 3 months gives it a 14.45%, and is -6.58% 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 2.85% over the week and 2.07% over the month.

Charles Schwab Corp (SCHW) has around 33000 employees, a market worth around $137.30B and $25.64B in sales. Current P/E ratio is 29.05 and Fwd P/E is 19.05. Profit margin for the company is 18.28%. Distance from 52-week low is 24.53% and -10.85% from its 52-week high. The company has generated returns on investments over the last 12 months (5.08%).

with sales reaching $5.13B over the same period.The EPS is expected to grow by 0.21% this year, but quarterly earnings will post 3.12% year-over-year. Quarterly sales are estimated to grow 15.08% in year-over-year returns.

Charles Schwab Corp (SCHW) Top Institutional Holders

2355.0 institutions hold shares in Charles Schwab Corp (SCHW), with institutional investors hold 90.48% of the company’s shares. The shares outstanding are 1.78B, and float is at 1.68B with Short Float at 1.04%. Institutions hold 84.81% 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 Dec 16 ’24 at a price of $79.28 per share for a total of $0.71 million. Following the sale, the insider now owns 0.54 million shares.

Charles Schwab Corp disclosed in a document filed with the SEC on Nov 25 ’24 that Beatty Jonathan S (MD, Head of Advisor Services) sold a total of 2,300 shares of the company’s common stock. The trade occurred on Nov 25 ’24 and was made at $82.01 per share for $0.19 million. Following the transaction, the insider now directly holds 18069.0 shares of the SCHW stock.

Still, SEC filings show that on Nov 22 ’24, Murtagh Nigel J (Chief Risk Officer) disposed off 12,739 shares at an average price of $81.17 for $1.03 million. The insider now directly holds 59,092 shares of Charles Schwab Corp (SCHW).

Related Posts