News stories about Charles Schwab (NYSE:SCHW) have trended somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Charles Schwab earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 47.4759125740597 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- Charles Schwab (SCHW) Earns “Buy” Rating from Credit Suisse Group (americanbankingnews.com)
- Charles Schwab expands footprint in DFW with new deal at AllianceTexas (bizjournals.com)
- David Rolfe Comments on Charles Schwab (finance.yahoo.com)
- Charles Scwhab’s Sonders: Stock Market Pullbacks in 2018 Would Be Healthy (finance.yahoo.com)
- Charles Schwab Corp (SCHW) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)
A number of equities research analysts have recently commented on SCHW shares. Zacks Investment Research raised shares of Charles Schwab from a “hold” rating to a “strong-buy” rating and set a $60.00 price objective on the stock in a research note on Friday, January 5th. Wells Fargo & Co reissued a “market perform” rating and issued a $55.00 price target (up previously from $47.00) on shares of Charles Schwab in a research note on Thursday, January 4th. SunTrust Banks reissued a “buy” rating and issued a $63.00 price target (up previously from $56.00) on shares of Charles Schwab in a research note on Tuesday, December 26th. Morgan Stanley lifted their price target on shares of Charles Schwab from $51.00 to $53.00 and gave the company an “overweight” rating in a research note on Thursday, October 5th. Finally, Barclays lifted their target price on shares of Charles Schwab from $48.00 to $51.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 10th. Six equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $51.81.
Shares of Charles Schwab (NYSE SCHW) opened at $55.39 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.30 and a current ratio of 0.31. The stock has a market cap of $74,170.00, a PE ratio of 35.51, a price-to-earnings-growth ratio of 1.43 and a beta of 1.75. Charles Schwab has a one year low of $37.16 and a one year high of $55.52.
Charles Schwab (NYSE:SCHW) last issued its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.42 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.01. Charles Schwab had a net margin of 27.30% and a return on equity of 15.77%. The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.18 billion. During the same period in the prior year, the firm earned $0.35 earnings per share. The business’s revenue for the quarter was up 13.1% compared to the same quarter last year. sell-side analysts anticipate that Charles Schwab will post 1.61 EPS for the current fiscal year.
In related news, EVP Terri R. Kallsen sold 2,026 shares of the company’s stock in a transaction that occurred on Wednesday, January 3rd. The stock was sold at an average price of $51.30, for a total value of $103,933.80. Following the completion of the transaction, the executive vice president now directly owns 1,706 shares of the company’s stock, valued at $87,517.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Peter B. Crawford sold 1,063 shares of the company’s stock in a transaction that occurred on Monday, November 6th. The shares were sold at an average price of $44.64, for a total value of $47,452.32. Following the completion of the transaction, the chief financial officer now directly owns 11,302 shares of the company’s stock, valued at $504,521.28. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,658,531 shares of company stock valued at $77,397,901. Corporate insiders own 12.00% of the company’s stock.
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Charles Schwab Company Profile
The Charles Schwab Corporation (CSC) is a savings and loan holding company. The Company, through its subsidiaries, engages in wealth management, securities brokerage, banking, money management and financial advisory services. The Company provides financial services to individuals and institutional clients through two segments: Investor Services and Advisor Services.
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