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Check This The Charles Schwab Corporation (NYSE: SCHW) Analysis Before You Invest

The Charles Schwab Corporation (NYSE:SCHW) traded at $79.02 at last check on Tuesday, January 24, made an upward move of 1.66% on its previous day’s price.

Looking at the stock we see that its previous close was $77.73 and the beta (5Y monthly) reads 0.97 with the day’s price range being $76.51 – $77.90. The company has a trailing 12-month PE ratio of 22.18. In terms of its 52-week price range, SCHW has a high of $96.24 and a low of $59.35. The company’s stock has lost about -2.30% over that past 30 days.

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The Charles Schwab Corporation has a market cap of $143.76 billion and is expected to release its quarterly earnings report on Apr 17, 2023 – Apr 21, 2023. With its Forward Dividend at 0.88 and a yield of 1.13%, the company’s investors could be anxious for the SCHW stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $1.07, with the EPS growth for the year raised at $4.73 for 2023 and $5.68 for next year. These figures represent 21.30% and 20.10% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $5.56 billion, with a low of $5.34 billion and a high of $5.86 billion. The median projection represents growth squeezing down to 18.90% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2023 is expected to hit $23.21 billion, or 11.80% up from figures reported last year.

There have been 1 upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the SCHW stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 100% Buy.

Based on estimates by 23 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 8 have rated the The Charles Schwab Corporation (SCHW) stock as a Hold, while 13 rate it as a Buy. 1 analyst(s) rate it as overweight while 1 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.

Looking further, we note that the PEG ratio for the SCHW stock currently stands at 1.11, and the most recent price level today is -3.80% off its SMA20 and -1.98% from its 50-day simple moving average. The RSI (14) is pointing at 43.62 while the volatility over the past week is 2.83% and jumps to 2.11% over the past one month. The beta value is 0.96, while the average true range (ATR) is currently pointing at 2.17. The average price target for the stock over the next 12 months is $95.31, with the estimates having a low of $75.00 and a high of $120.00. These price ends are 5.09% and -51.86% off the today’s price level respectively, although investors could be excited at the prospect of a -22.12% if the SCHW share price touches on the median price of $96.50.

Let’s briefly compare The Charles Schwab Corporation (SCHW) stock to its peers. We find that today’s price change of 1.66% and -14.98% over the past 12 months for SCHW competes that of Blackstone Inc. (BX), which has seen its stock price rise 0.90% in the latest trading session and is -20.95% over the last one year. Another of its peers Morgan Stanley (MS) has dropped -0.81% today, and was -2.70% down over the past year, while BlackRock Inc. (BLK) is also up 0.55% yet, while its price remains in the red at -9.50% over the same period. The Charles Schwab Corporation has a P/E ratio of 22.18 compared to Blackstone Inc.’s 24.80 and Morgan Stanley’s 15.83. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -0.40% and -0.23%, respectively, in early deals.

Coming back to The Charles Schwab Corporation (NYSE:SCHW), we note that the average 3-month trading volume was 7.49 million, while that of the preceding 10-day period stands at 10.69 million. Current shares outstanding are 1.89 billion.

The insiders hold 6.73% of the company’s shares while institutions hold 88.50%. The data shows that short shares as of Dec 29, 2022, stood at 16.88 million at a short ratio of 2.62. This represents a 0.90% short interest in shares outstanding on Dec 29, 2022. Shares short rose in December from the previous month at 16.03 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -6.64% down in year-to-date price movement.

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