As of Wednesday close, The Charles Schwab Corporation’s (NYSE:SCHW) stock was down -$1.06, moving down -1.84 percent to $56.67. The average number of shares traded per day over the past five days has been 11,326,520 shares. 1 time new highs have been achieved over the past 5 days, with a -$2.06 fall in that time frame. In the last twenty days, the average volume was 9,126,545, while in the previous 50 days, it was 10,053,386.
Since last month, SCHW stock retreated -4.60%. 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 -31.94% or -$26.59, and marked a new high 3 times. However, the stock has declined by -34.58% 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 Sep 18. Crawford Peter B., the Chief Financial Officer of the company, disposed of 3,792 shares for $57.31 on Sep 18. It resulted in a $217,306 divestment by the insider. Morgan Peter J. III sold 8,000 shares at an average price of $59.61 on Aug 29. The insider now owns 8,014 shares following the transaction. On Aug 17, Director Ruffel Charles A. bought 833 shares at $60.55 apiece. The transaction was valued at $50,440.
Valuation Metrics
Right now, The Charles Schwab Corporation (SCHW) has a P/E ratio of about 16.45. The stock’s beta is 0.93. Besides these, the trailing price-to-sales (P/S) ratio of 4.23, the price-to-book (PB) ratio of 3.69, and the price-to-cash flow ratio of 9.92 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 quarter ending June 29 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 year ended June 29, 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%.
In The Charles Schwab Corporation’s quarter-end financial report for June 29, it reported total debt of $22.48 billion. 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. While analysts expected The Charles Schwab Corporation to report $0.71 quarterly earnings, the actual figure was $0.75 per share, beating the consensus estimate by 5.60%. 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 29.38%, the RSI 9-day stood at 34.41% on 20 September.
With respect to its five-day moving average, the current The Charles Schwab Corporation price is down by -3.51% percent or -$2.06. At present, SCHW shares trade +0.37% above its 20-day simple moving average and +9.55% percent above its 100-day simple moving average. However, the stock is currently trading approximately -1.58% below its SMA50 and -30.66% below its SMA200.
Stochastic coefficient K was 15.31% and Stochastic coefficient D was 26.74%, while ATR was 1.58. Given the Stochastic reading of 0.88% for the 14-day period, the RSI (14) reading has been calculated as 38.15%. As of today, the MACD Oscillator reading stands at -1.32, while the 14-day reading stands at -1.44.
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 15.42% 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 $74.00, 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 $73.22.
