MarketIQ Analyst Report for Charles Schwab Corp

211 MAIN STREET, SAN FRANCISCO, CA, US
SCHW

Last Updated: 15 Sep 2024

Executive Summary

Charles Schwab Corp (SCHW) is a leading financial services company with a market capitalization of $113.64 billion. The company offers a wide range of services including banking, commercial banking, electronic trading, and wealth management advisory services. SCHW has a strong financial position with a trailing P/E ratio of 25.88 and a forward P/E ratio of 15.17. The company also has a strong dividend yield of 0.0161%. Technically, SCHW is in a bullish trend and is trading above its 50-day and 200-day moving averages. Analysts are bullish on SCHW and have a consensus price target of $73.25.

Company Overview

Charles Schwab Corp is an American multinational financial services company. It offers banking, commercial banking, an electronic trading platform, and wealth management advisory services to both retail and institutional clients. The company was founded in 1971 and is headquartered in San Francisco, California. SCHW has over 30 million active brokerage accounts and over $6 trillion in client assets.

Fundamental Analysis

SCHW has a strong financial position with a trailing P/E ratio of 25.88 and a forward P/E ratio of 15.17. The company also has a strong dividend yield of 0.0161%. SCHW's revenue has grown by an average of 7% over the past five years. The company's net income has grown by an average of 10% over the past five years. SCHW has a strong balance sheet with low levels of debt and high levels of liquidity.

Technical Analysis

SCHW is in a bullish trend and is trading above its 50-day and 200-day moving averages. The stock is currently trading at $62.12, which is below its 52-week high of $79.17. The stock's relative strength index (RSI) is currently at 55, which indicates that the stock is not overbought or oversold.

Short Term Outlook

The short-term outlook for SCHW is positive. The stock is in a bullish trend and is trading above its 50-day and 200-day moving averages. The stock's RSI is currently at 55, which indicates that the stock is not overbought or oversold.

Long Term Outlook

The long-term outlook for SCHW is also positive. The company has a strong financial position and a track record of growth. The company is also well-positioned to benefit from the growing trend of online investing.

Analyst Recommendations

Analysts are bullish on SCHW and have a consensus price target of $73.25. Five analysts have a strong buy rating on the stock, seven analysts have a buy rating, seven analysts have a hold rating, two analysts have a sell rating, and zero analysts have a strong sell rating.