The Insider Activity Of The Charles Schwab Corporation (SCHW) Is Worth Monitoring

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The Charles Schwab Corporation (NYSE:SCHW) finished Thursday with a subtraction of -$0.85 to close at $72.06, a downside of -1.17 percent. An average of 8,774,180 shares of common stock have been traded in the last five days. There was a fall of -$0.52 in the past week, and it reached a new high 23 times over the past 12 months. The last 20 days have seen an average of 6,369,975 shares traded, while the 50-day average volume stands at 7,149,006.

SCHW stock has decreased by -1.00% in the last month. The company shares reached their 1-month lowest point of $69.39 on 09/01/22. With the stock rallying to its 52-week high on 02/09/22, shares of the company touched a low of $59.35 and a high of $96.24 in 52 weeks. It has reached a new high 8 times so far this year and lost -14.32% or -$12.04 in price. In spite of this, the price is down -25.12% from the 52-week high.


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Insider Transactions

42 days have passed since The Charles Schwab Corporation (SCHW) last reported insider trading activity. Craig Jonathan M., who is Please, most recently acquired $8,032 shares at $75.00 per share on Aug 12. In this transaction, the insider spent $602,414. Co-Chairman, Schwab Charles R., disposed of 135,300 shares at a price of $69.43 on Jul 29. The insider now owns more than $9,393,635 worth of shares. Prior to that, Co-Chairman Schwab Charles R. went on to Sale 149,600 shares at $65.36 each on Jul 28. An amount of $9,778,559 was transacted.

Valuation Metrics

The Charles Schwab Corporation (SCHW) has a trailing price-to-earnings (P/E) ratio of 23.70. The stock’s beta is 1.06. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 7.05, the price-to-book (PB) ratio at 4.04, and the price-to-cash flow ratio at 62.41.

The company has a payout ratio of 24.90%. The company’s most recent quarterly dividend payment was $0.22 a share, representing a up of 10.0% from $0.20 last year. Its latest increase dividend $0.02 reported on Wednesday July 27 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 0.62 and a total debt to equity ratio of 13.73 for the quarter ending June 29. Its gross profit as reported stood at $8.86 billion compared to revenue of $18.52 billion.

Earnings Surprise

For the three-month period that ended June 29, The Charles Schwab Corporation had $21.11 billion in total debt. The analyst consensus anticipated The Charles Schwab Corporation’s latest quarter earnings to come in at $0.91 per share, but it turned out to be $0.97, a 6.60% surprise. For the quarter, EBITDA amounted to $3.22 billion. At the end of the quarter ending June 29, The Charles Schwab Corporation’s stock balance sheet showed total debt was $28.3 billion. Shareholders own equity worth $1.82 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at The Charles Schwab Corporation (SCHW) price momentum. RSI 9-day as of the close on 22 September was 45.83%, suggesting the stock is Neutral, with historical volatility in this time frame at 20.64%.

As of today, SCHW’s price is $72.78 -0.72% or -$0.52 from its 5-day moving average. SCHW is currently trading -1.72% lower than its 20-day SMA and +8.64% higher than its 100-day SMA. However, the stock’s current price level is +17.08% above the SMA50 and -10.34% below the SMA200.

The stochastic %K and %D were 58.01% and 63.47%, respectively, and the average true range (ATR) was 2.07. With the 14-day stochastic at 44.59% and the average true range at 2.03, the RSI (14) stands at 49.66%. The stock has reached -0.24 on the 9-day MACD Oscillator while the 14-day reading was at 0.10.

Analyst Ratings

Barclays launched coverage on The Charles Schwab Corporation (NYSE: SCHW) in its analyst report released on August 31, 2022. The firm assigned the stock an Equal weight rating. The consensus rating for The Charles Schwab Corporation (SCHW) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell SCHW, while 5 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 11 others rate it as a “buy”.

What is SCHW’s price target for the next 12 months?

Analysts predict a range of price targets between $73.00 and $100.00, with a median target of $86.50. Taking a look at these predictions, the average price target given by analysts for The Charles Schwab Corporation (SCHW) stock is $88.00.

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