As of Thursday close, The Charles Schwab Corporation’s (NYSE:SCHW) stock was down -$0.63, moving down -1.05 percent to $59.15. The average number of shares traded per day over the past five days has been 7,582,100 shares. 4 times new highs have been achieved over the past 5 days, with a $1.31 gain in that time frame. In the last twenty days, the average volume was 8,118,505, while in the previous 50 days, it was 10,425,042.
Since last month, SCHW stock retreated -9.47%. Shares of the company fell to $56.26 on 08/22/23, the lowest level in the past month. A 52-week high of $86.63 was reached on 01/09/23 after having rallying from a 52-week low of $45.00. Since the beginning of this year, SCHW’s stock price has dropped by -28.96% or -$24.11, and marked a new high 3 times. However, the stock has declined by -31.72% since its 52-week high.
SCHW stock investors should be aware that The Charles Schwab Corporation (SCHW) stock had its last reported insider trading activity 3 days ago on Aug 29. Morgan Peter J. III, the MD, General Counsel of the company, disposed of 8,000 shares for $59.61 on Aug 29. It resulted in a $476,872 divestment by the insider. Ruffel Charles A. added 833 shares at an average price of $60.55 on Aug 17. The insider now owns 3,386 shares following the transaction. On Jul 26, Co-Chairman Schwab Charles R. sold 75,760 shares at $66.60 apiece. The transaction was valued at $5,045,821.
Valuation Metrics
Right now, The Charles Schwab Corporation (SCHW) has a P/E ratio of about 17.17. The stock’s beta is 0.92. Besides these, the trailing price-to-sales (P/S) ratio of 4.27, the price-to-book (PB) ratio of 3.85, and the price-to-cash flow ratio of 10.04 may also be considered.
The latest dividend of $0.25 per share was paid out, remained unchanged from last year’s $0.25. On Thursday January 26 2023, a $0.03 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the recent quarter was 2.27, and the total debt-to-equity ratio was 13.44. On the profitability front, the trailing twelve-month gross margin is 82.80% percent. In the recent year, operating margins totaled 36.20%. Based on annual data, SCHW earned $10.36 billion in gross profit and brought in $20.76 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 1.70%. Return on equity (ROE) for the past 12 months was 23.60%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. SCHW’s revenue fell -9.39% to $5.12 billion during the quarter, while net income inched up to $4.66 billion. During the quarter, the company generated $2.48 billion in EBITDA. The value of shareholders’ equity is $1.77 billion.
Technical Picture
This quick technical analysis looks at The Charles Schwab Corporation’s (SCHW) price momentum. With a historical volatility rate of 32.54%, the RSI 9-day stood at 41.80% on 31 August.
With respect to its five-day moving average, the current The Charles Schwab Corporation price is up by +2.26% percent or $1.31. At present, SCHW shares trade -10.20% below its 20-day simple moving average and +14.37% percent above its 100-day simple moving average. However, the stock is currently trading approximately +9.60% above its SMA50 and -24.52% below its SMA200.
Stochastic coefficient K was 37.48% and Stochastic coefficient D was 32.96%, while ATR was 1.30. Given the Stochastic reading of 38.48% for the 14-day period, the RSI (14) reading has been calculated as 42.96%. As of today, the MACD Oscillator reading stands at 0.87, while the 14-day reading stands at 0.19.
Analyst Ratings
UBS reiterated its a Buy rating on The Charles Schwab Corporation (NYSE: SCHW) in a note to investors. The analysts firm has however raised their price target to $80, representing a possible 11.72% increase in the stock price. The Charles Schwab Corporation (SCHW) has been rated Overweight by analysts. According to 1 brokerage firm, SCHW is a sell, and 3 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 3 analysts rate The Charles Schwab Corporation stock as buy, with 14 recommending it as overweight.
With a median target price of $75.00, the current consensus forecast for the stock is $55.00 – $95.00. Based on these forecasts, analysts predict The Charles Schwab Corporation (SCHW) will achieve an average price target of $73.78.
