Charles Schwab Corp. [SCHW] Is Currently -0.60 below its 200 Period Moving Avg: What Does This Mean?

Charles Schwab Corp. [NYSE: SCHW] slipped around -0.44 points on Monday, while shares priced at $72.81 at the close of the session, down -0.60%.

Compared to the average trading volume of 7.03M shares, SCHW reached a trading volume of 5674197 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say about Charles Schwab Corp. [SCHW]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SCHW shares is $79.25 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 1.91. 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.

TD Cowen have made an estimate for Charles Schwab Corp. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on March 22, 2024. While these analysts kept the previous recommendation, Keefe Bruyette dropped their target price from $75 to $70. The new note on the price target was released on January 18, 2024, representing the official price target for Charles Schwab Corp. stock. Previously, the target price had yet another drop from $75 to $70, while Citigroup kept a Neutral rating on SCHW stock.

The Average True Range (ATR) for Charles Schwab Corp. is set at 1.47, with the Price to Sales ratio for SCHW stock in the period of the last 12 months amounting to 5.05. The Price to Book ratio for the last quarter was 3.89, with the Price to Cash per share for the same quarter was set at 27.78.

How has SCHW stock performed recently?

Charles Schwab Corp. [SCHW] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.75. With this latest performance, SCHW shares dropped by -6.70% in over the last four-week period, additionally plugging by 2.64% over the last 6 months – not to mention a rise of 31.17% 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 44.97, with the RSI for the last a single of trading hit 42.10, and the three-weeks RSI is set at 47.30 for Charles Schwab Corp. [SCHW]. The present Moving Average for the last 50 days of trading for this stock 74.15, while it was recorded at 73.29 for the last single week of trading, and 64.65 for the last 200 days.

Earnings analysis for Charles Schwab Corp. [SCHW]

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 Charles Schwab Corp. go to 14.64%.

Insider trade positions for Charles Schwab Corp. [SCHW]

There are presently around $145.62 billion, or None% of SCHW stock, in the hands of institutional investors. The top three institutional holders of SCHW stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in SCHW stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in SCHW stock with ownership which is approximately 5.8386%.

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