The Charles Schwab Corporation (NYSE:SCHW) registered a -0.33% decrease, still its new closing price is 98.08% up from the company’s 1 year high of 42.61.It posted 2.42% gains in previous 5 sessions and is now the subject of 3 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 7 buy or better ratings. The 21 stock analysts following this company have an average price target at $46.00, with individual PT in the $44.00-$49.00 range. The shares moved at $42.31, implying that brokerage firms see shares gaining about 72.11% in twelve months time.
The Charles Schwab Corporation (SCHW) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 7.20% rise year to date. A President – CSIM at The Charles Schwab Corporation (SCHW) offloaded shares in a transaction closed on Thursday January 26, 2017. Chandoha Marie A sold 6,678 shares in the company at $42.5 each and collected $283,001 in proceeds. Chandoha Marie A now owns 3,018 shares in the company after this transaction. A President and CEO in the company, Bettinger Walter W, disclosed a transaction on Wednesday January 25, 2017 that ended up generating $13,750,001 from the sale of 325,000 shares at $42.31 per share.
The Charles Schwab Corporation (NYSE:SCHW) Upcoming Results on Tap
The Charles Schwab Corporation will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.38 in that period. Sales during the quarter are predicted to arrive at $2.08 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.97 billion in revenue and EPS of $0.36. The mean forecast was for $1.99 billion and $0.36 a share, respectively. One quarter earlier, revenue for the stock was at $1.91 billion, with earnings at $0.34/share.
The Charles Schwab Corporation (SCHW) Brokerage Update
The Charles Schwab Corporation (SCHW) is in SunTrust’s research list so their analyst rating change is noteworthy. These shares were upgraded to Buy from Hold by SunTrust, according to news reported on Monday December 19, 2016.Another important research note was issued by Citigroup on Tuesday November 22, 2016.The firm upgraded SCHW to Buy from Neutral. Over the last six months and over the last three months, the shares of The Charles Schwab Corporation (SCHW), have changed 48.03% and 31.89%, respectively.