Charles Schwab Corp (NYSE: SCHW) has reported E.P.S. of $0.71 for its third fiscal quarter (ending September 30) versus $0.56 for the same period a year ago — an increase of 27%. Relative to the consensus estimate of $0.75, this was a shortfall of $-0.04. For the latest four quarters through September 30, E.P.S. were $2.57 compared to $3.02 a year ago — a decline of -15%.
Recent Price Action
Charles Schwab Corp (NYSE: SCHW) stock closed at $71.96 on 10/15/24 after a very large increase of 6.1%. Moreover, trading volume in this advance was exceptionally high at 264% of normal. The stock has risen 11.9% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, SCHW is expected to continue to be a major Value Builder.
Charles Schwab has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Charles Schwab has a neutral Power Rating of 47 but a poor Appreciation Score of 21, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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