The Charles Schwab Corporation [SCHW] Stock trading around $80.00 per share: What’s Next?

The Charles Schwab Corporation [NYSE: SCHW] stock went on an upward path that rose over 0.24% on Monday, amounting to a one-week price increase of more than 4.62%. The company report on November 21, 2022 that Charles Schwab Announces Recipients of 2022-2023 Financial Planning Scholarships.


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The $3.5 million Charles Schwab Scholars in Financial Planning Endowed Scholarship program aims to foster diverse talent in financial services.

Charles Schwab today announced the eight scholars to receive funding for the 2022-2023 academic year through its Charles Schwab Scholars in Financial Planning Endowed Scholarship program. Launched in 2021 by the Charles Schwab Foundation, the $3.5 million scholarship endowment provides financial assistance and career opportunities to students from underrepresented communities who are majoring in financial planning at seven partner universities.

Over the last 12 months, SCHW stock dropped by -0.21%. The one-year The Charles Schwab Corporation stock forecast points to a potential upside of 11.95. The average equity rating for SCHW stock is currently 2.10, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $145.76 billion, with 1.89 billion shares outstanding and 1.69 billion shares in the current float. Compared to the average trading volume of 7.52M shares, SCHW stock reached a trading volume of 5846815 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on The Charles Schwab Corporation [SCHW]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SCHW shares is $90.86 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SCHW stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Credit Suisse have made an estimate for The Charles Schwab Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on November 01, 2022. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Outperform. The new note on the price target was released on October 19, 2022, representing the official price target for The Charles Schwab Corporation stock. Previously, the target price had yet another raise to $83, while Credit Suisse analysts kept a Neutral rating on SCHW stock.

The Average True Range (ATR) for The Charles Schwab Corporation is set at 2.44, with the Price to Sales ratio for SCHW stock in the period of the last 12 months amounting to 7.00. The Price to Book ratio for the last quarter was 5.65, with the Price to Cash per share for the same quarter was set at 25.51. Price to Free Cash Flow for SCHW in the course of the last twelve months was 20.22.

SCHW Stock Performance Analysis:

The Charles Schwab Corporation [SCHW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.62. With this latest performance, SCHW shares gained by 13.77% in over the last four-week period, additionally plugging by 22.57% over the last 6 months – not to mention a drop of -0.21% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for SCHW stock in for the last two-week period is set at 61.80, with the RSI for the last a single of trading hit 63.90, and the three-weeks RSI is set at 60.20 for The Charles Schwab Corporation [SCHW]. The present Moving Average for the last 50 days of trading for this stock 74.54, while it was recorded at 78.68 for the last single week of trading, and 73.55 for the last 200 days.

Insight into The Charles Schwab Corporation Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and The Charles Schwab Corporation [SCHW] shares currently have an operating margin of +42.67 and a Gross Margin at +88.20. The Charles Schwab Corporation’s Net Margin is presently recorded at +30.82.

Return on Equity for this stock inclined to 10.43, with Return on Assets sitting at 0.96.

SCHW Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for SCHW. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for The Charles Schwab Corporation go to 21.90%.

The Charles Schwab Corporation [SCHW] Insider Position Details

There are presently around $126,539 million, or 88.50% of SCHW stock, in the hands of institutional investors. The top three institutional holders of SCHW stocks are: TORONTO DOMINION BANK with ownership of 225,877,884, which is approximately -11.19% of the company’s market cap and around 6.73% of the total institutional ownership; VANGUARD GROUP INC, holding 124,437,061 shares of the stock with an approximate value of $9.95 billion in SCHW stocks shares; and BLACKROCK INC., currently with $8.23 billion in SCHW stock with ownership of nearly -4.154% of the company’s market capitalization.

Positions in The Charles Schwab Corporation stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 807 institutional holders increased their position in The Charles Schwab Corporation [NYSE:SCHW] by around 93,477,453 shares. Additionally, 610 investors decreased positions by around 102,376,285 shares, while 223 investors held positions by with 1,385,878,880 shares. The mentioned changes placed institutional holdings at 1,581,732,618 shares, according to the latest SEC report filing. SCHW stock had 153 new institutional investments in for a total of 40,236,027 shares, while 111 institutional investors sold positions of 6,263,653 shares during the same period.

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