Published: Thu, April 13, 2017
Hi-Tech | By Ellis Neal

Charles Schwab Corp (SCHW) Earning Somewhat Positive Press Coverage, Analysis Shows

Charles Schwab Corp (SCHW) Earning Somewhat Positive Press Coverage, Analysis Shows

These analysts and investment firms use various valuation methods to decide a price target for a stock. Bettinger Walter W sold $8.21 million worth of Charles Schwab Corp (NYSE:SCHW) on Thursday, December 15. Thomson Reuters' First Call, which many consider to be the benchmark for EPS and consensus data, now have the price target listed as $46.13. The stock of Charles Schwab Corp (NYSE:SCHW) earned "Buy" rating by Nomura on Monday, April 4. Highest potential price target is expected at $57.00 however minimum price target advised by analysts is $35.00. Deutsche Bank maintained Charles Schwab Corp (NYSE:SCHW) on Friday, October 16 with "Buy" rating.

Among 16 analysts covering Charles Schwab (NYSE:SCHW), 14 have Buy rating, 0 Sell and 2 Hold. The share price is trading in a range of $38.13 - 38.90. During its last trading session, Stock traded with the total exchanged volume of 3.02 million shares.

Institutional investors have recently bought and sold shares of the company. Charles Schwab Corp (NYSE:SCHW) distance from 20 day simple moving average is -3.03% whereas its distance from 50 day simple moving average is -3.17% along with 13.80% distance from 200 day simple moving average.

Taking a longer term look at where the stock has been and where it's headed, we note that now the stock has traded in the range of $23.83 - 43.65 over the past 52-weeks. Expected growth of The Charles Schwab Corporation (SCHW) for the next year 5 years is 20.24 percent (per annum), as compared to 17.9 percent (per annum) in the past 5 years.

The consensus means EPS for the current quarter is at $0.37 derived from a total of 18 estimates. The firm had revenue of $1.97 billion for the quarter, compared to analyst estimates of $1.99 billion.

Analysts await Charles Schwab Corp (NYSE:SCHW) to report earnings on April, 21. Last year, it had about $1.76 billion of revenue. They expect $0.37 earnings per share, up 27.59% or $0.08 from last year's $0.29 per share. Charles Schwab Corp now has an average rating of "Buy" and an average target price of $39.81.

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The number of shares now held by investors is 1.34 Billion. Also, EVP Bernard J. Clark sold 25,300 shares of Charles Schwab Corp stock in a transaction that occurred on Tuesday, January 24th. The disclosure for this sale can be found here. In the last six months the stock's performance soared 23.55% while yearly performance of the company advanced 51.30%. Its sales stood at 2.60% a year on average in the period of last five years. Great West Life Assurance Co. Financial Architects Inc now owns 4,168 shares of the company's stock worth $132,000 after buying an additional 400 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC now owns 756,425 shares of the company's stock valued at $23,880,000 after buying an additional 117,984 shares in the last quarter. Harris Associates L P increased its stake in Charles Schwab Corp by 25.1% in the third quarter. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Winslow Capital Management LLC purchased a new stake in Charles Schwab Corp during the fourth quarter valued at about $307,195,000. Institutional investors own 78.34% of the company's stock.

If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, SCHW earned gross profit of 6.06 Billion, in 2015 6.37 Billion gross profit, while in 2016 The Charles Schwab Corporation (SCHW) produced 7.47 Billion profit.

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