A number of research firms have changed their ratings and price targets for The Charles Schwab Corp. (NYSE: SCHW):
Shares of The Charles Schwab Corp. (NYSE:SCHW) traded down 0.53% on Wednesday, hitting $31.73. 4,321,411 shares of the stock were exchanged. The Charles Schwab Corp. has a one year low of $21.51 and a one year high of $34.52. The company has a 50-day moving average price of $31.11 and a 200-day moving average price of $29.01. The firm has a market capitalization of $41.98 billion, a PE ratio of 27.35 and a beta of 1.55.
The Charles Schwab Corp. (NYSE:SCHW) last issued its quarterly earnings data on Monday, July 18th. The company reported $0.30 EPS for the quarter, hitting analysts’ consensus estimates of $0.30. The Charles Schwab Corp. had a net margin of 24.07% and a return on equity of 13.03%. The business had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same period last year, the business posted $0.25 earnings per share. The firm’s quarterly revenue was up 16.7% on a year-over-year basis. Equities research analysts expect that The Charles Schwab Corp. will post $1.26 earnings per share for the current year.