18 analysts have shared their evaluations of Charles Schwab SCHW during the recent three months, expressing a mix of bullish and bearish perspectives.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 3 | 9 | 1 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 3 | 0 | 0 |
| 2M Ago | 1 | 1 | 1 | 0 | 0 |
| 3M Ago | 3 | 2 | 5 | 1 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Charles Schwab, presenting an average target of $74.78, a high estimate of $90.00, and a low estimate of $64.00. A 5.41% drop is evident in the current average compared to the previous average price target of $79.06.
Understanding Analyst Ratings: A Comprehensive Breakdown
The standing of Charles Schwab among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Daniel Fannon | Jefferies | Lowers | Buy | $73.00 | $79.00 |
| Christopher Allen | Citigroup | Lowers | Neutral | $72.00 | $75.00 |
| Alexander Blostein | Goldman Sachs | Lowers | Neutral | $67.00 | $71.00 |
| Michael Brown | Wells Fargo | Announces | Equal-Weight | $70.00 | - |
| Kyle Voigt | Keefe, Bruyette & Woods | Maintains | Outperform | $80.00 | $80.00 |
| Michael Cyprys | Morgan Stanley | Lowers | Equal-Weight | $70.00 | $71.00 |
| Brian Bedell | Deutsche Bank | Raises | Buy | $80.00 | $79.00 |
| Patrick Moley | Piper Sandler | Lowers | Neutral | $64.00 | $80.00 |
| Devin Ryan | JMP Securities | Lowers | Market Outperform | $82.00 | $85.00 |
| Kenneth Worthington | JP Morgan | Lowers | Overweight | $78.00 | $82.00 |
| Benjamin Budish | Barclays | Lowers | Equal-Weight | $68.00 | $77.00 |
| Brian Bedell | Deutsche Bank | Lowers | Buy | $79.00 | $84.00 |
| Craig Siegenthaler | B of A Securities | Lowers | Underperform | $66.00 | $72.00 |
| Bill Kirk | TD Cowen | Lowers | Hold | $71.00 | $88.00 |
| Michael Cyprys | Morgan Stanley | Lowers | Equal-Weight | $71.00 | $73.00 |
| Benjamin Budish | Barclays | Raises | Equal-Weight | $77.00 | $72.00 |
| Brennan Hawken | UBS | Lowers | Buy | $90.00 | $91.00 |
| Daniel Fannon | Jefferies | Raises | Buy | $88.00 | $85.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Charles Schwab. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Charles Schwab compared to the broader market.
- Price Targets: Analysts provide insights into price targets, offering estimates for the future value of Charles Schwab's stock. This comparison reveals trends in analysts' expectations over time.
For valuable insights into Charles Schwab's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on Charles Schwab analyst ratings.
Unveiling the Story Behind Charles Schwab
Charles Schwab operates in brokerage, wealth management, banking, and asset management. It runs a large network of brick-and-mortar brokerage branch offices and a well-established online investing website, and it has mobile trading capabilities. It also operates a bank and a proprietary asset-management business and offers services to independent investment advisors. Schwab is among the largest firms in the investment business, with over $8 trillion of client assets at the end of December 2023. Nearly all of its revenue is from the United States.
Charles Schwab: A Financial Overview
Market Capitalization: Boasting an elevated market capitalization, the company surpasses industry averages. This signals substantial size and strong market recognition.
Revenue Growth: Over the 3 months period, Charles Schwab showcased positive performance, achieving a revenue growth rate of 0.73% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Charles Schwab's net margin excels beyond industry benchmarks, reaching 25.82%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Charles Schwab's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 3.56%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Charles Schwab's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of 0.26%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Charles Schwab's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.64.
What Are Analyst Ratings?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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