Market Update: Charles Schwab Corp (SCHW) Sees Negative Movement, Closing at 73.62

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

In the latest session, Charles Schwab Corp (NYSE: SCHW) closed at $73.62 down -0.47% from its previous closing price of $73.97. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 9.34 million shares were traded. SCHW stock price reached its highest trading level at $75.1611 during the session, while it also had its lowest trading level at $73.4.

Ratios:

For a deeper understanding of Charles Schwab Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.86. In the meantime, Its Debt-to-Equity ratio is 1.18 whereas as Long-Term Debt/Eq ratio is at 0.95.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on December 09, 2024, Upgraded its rating to Overweight and sets its target price to $95 from $74 previously.

On September 12, 2024, Wells Fargo started tracking the stock assigning a Equal Weight rating and target price of $70.

Piper Sandler Downgraded its Overweight to Neutral on July 29, 2024, whereas the target price for the stock was revised from $80 to $64.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 16 ’24 when Schwab-Pomerantz Carolyn sold 9,000 shares for $79.28 per share. The transaction valued at 713,535 led to the insider holds 544,129 shares of the business.

Beatty Jonathan S sold 2,300 shares of SCHW for $188,623 on Nov 25 ’24. The MD, Head of Advisor Services now owns 18,069 shares after completing the transaction at $82.01 per share. On Nov 22 ’24, another insider, Murtagh Nigel J, who serves as the Chief Risk Officer of the company, sold 12,739 shares for $81.17 each. As a result, the insider received 1,033,972 and left with 59,092 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SCHW now has a Market Capitalization of 134765830144 and an Enterprise Value of 140430213120. As of this moment, Charles’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.78, and their Forward P/E ratio for the next fiscal year is 18.97. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.26 while its Price-to-Book (P/B) ratio in mrq is 3.44. Its current Enterprise Value per Revenue stands at 7.495.

Stock Price History:

Over the past 52 weeks, SCHW has reached a high of $83.35, while it has fallen to a 52-week low of $59.67. The 50-Day Moving Average of the stock is -3.54%, while the 200-Day Moving Average is calculated to be 3.46%.

Shares Statistics:

For the past three months, SCHW has traded an average of 8.02M shares per day and 9262360 over the past ten days. A total of 1.78B shares are outstanding, with a floating share count of 1.68B. Insiders hold about 5.86% of the company’s shares, while institutions hold 84.22% stake in the company. Shares short for SCHW as of 1732838400 were 17411809 with a Short Ratio of 2.17, compared to 1730332800 on 16966848. Therefore, it implies a Short% of Shares Outstanding of 17411809 and a Short% of Float of 1.04.

Dividends & Splits

According to the company, the forward annual dividend rate for SCHW is 1.00, from 1.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.013518994The stock’s 5-year Average Dividend Yield is 1.37.

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