$0.41 EPS Expected for The Charles Schwab Corporation (SCHW)

January 16, 2018 - By Peter Erickson

 $0.41 EPS Expected for The Charles Schwab Corporation (SCHW)
Investors sentiment decreased to 1.03 in Q3 2017. Its down 0.27, from 1.3 in 2017Q2. It worsened, as 41 investors sold The Charles Schwab Corporation shares while 299 reduced holdings. 75 funds opened positions while 275 raised stakes. 1.04 billion shares or 0.62% less from 1.05 billion shares in 2017Q2 were reported.
First Mercantile Trust holds 58,172 shares or 0.46% of its portfolio. Chevy Chase Tru Holdg Inc holds 0.33% or 1.68M shares. Cullen Frost Bankers has 0.66% invested in The Charles Schwab Corporation (NYSE:SCHW) for 463,889 shares. Wcm Inv Mgmt Ca accumulated 0.54% or 981,914 shares. Oak Associates Oh owns 1.11M shares for 3.56% of their portfolio. Wilbanks Smith Thomas Asset Mngmt Ltd Liability accumulated 82,850 shares. Highvista Strategies Ltd Limited Liability Company reported 80,500 shares stake. Stock Yards Fincl Bank Trust Company invested in 1.64% or 320,442 shares. Wetherby Asset Mngmt invested in 34,978 shares or 0.23% of the stock. Hbk Invs L P has 0.01% invested in The Charles Schwab Corporation (NYSE:SCHW). Exxonmobil Inv Management Tx invested in 217,643 shares. Solaris Asset Limited Liability Co reported 1,160 shares or 0.03% of all its holdings. Balasa Dinverno Foltz Ltd Liability holds 10,452 shares. Checchi Cap Advisers Ltd Liability Com accumulated 9,131 shares or 0.04% of the stock. Mastrapasqua Asset Mngmt accumulated 1.04% or 114,985 shares.

Since August 2, 2017, it had 0 insider purchases, and 18 selling transactions for $48.08 million activity. Another trade for 290,000 shares valued at $12.55M was made by SCHWAB CHARLES R on Friday, August 4. BECHTLE NANCY H had sold 23,207 shares worth $998,528 on Monday, August 7. Murtagh Nigel J sold $361,194 worth of stock or 8,000 shares. On Wednesday, September 6 the insider Kallsen Terri R sold $38,987. $3.31M worth of The Charles Schwab Corporation (NYSE:SCHW) was sold by Clark Bernard J. on Wednesday, September 27.

Analysts expect The Charles Schwab Corporation (NYSE:SCHW) to report $0.41 EPS on January, 17.They anticipate $0.05 EPS change or 13.89 % from last quarter’s $0.36 EPS. SCHW’s profit would be $549.64M giving it 33.77 P/E if the $0.41 EPS is correct. After having $0.42 EPS previously, The Charles Schwab Corporation’s analysts see -2.38 % EPS growth. The stock increased 2.25% or $1.22 during the last trading session, reaching $55.39. About 7.52 million shares traded or 25.25% up from the average. The Charles Schwab Corporation (NYSE:SCHW) has risen 32.11% since January 16, 2017 and is uptrending. It has outperformed by 15.41% the S&P500.

The Charles Schwab Corporation (NYSE:SCHW) Ratings Coverage

Among 22 analysts covering Charles Schwab (NYSE:SCHW), 15 have Buy rating, 0 Sell and 7 Hold. Therefore 68% are positive. Charles Schwab has $63.0 highest and $28 lowest target. $46.95’s average target is -15.24% below currents $55.39 stock price. Charles Schwab had 81 analyst reports since August 11, 2015 according to SRatingsIntel. The company was maintained on Wednesday, August 26 by Barclays Capital. The company was maintained on Wednesday, October 25 by Deutsche Bank. The firm has “Buy” rating by Jefferies given on Friday, September 15. Barclays Capital maintained the stock with “Overweight” rating in Tuesday, August 9 report. The stock of The Charles Schwab Corporation (NYSE:SCHW) has “Hold” rating given on Monday, July 24 by Nomura. The company was maintained on Monday, July 18 by Deutsche Bank. SunTrust upgraded the shares of SCHW in report on Monday, December 19 to “Buy” rating. The firm has “Buy” rating given on Monday, October 23 by SunTrust. SunTrust maintained The Charles Schwab Corporation (NYSE:SCHW) on Monday, October 16 with “Buy” rating. Jefferies maintained the stock with “Buy” rating in Monday, July 10 report.

The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company has market cap of $74.26 billion. The firm operates through two divisions, Investor Services and Advisor Services. It has a 35.28 P/E ratio. The Investor Services segment provides retail brokerage and banking services, retirement plan services, and other corporate brokerage services; and stock plan services, compliance solutions, and mutual fund clearing services, as well as engages in the off-platform sales business.

More important recent The Charles Schwab Corporation (NYSE:SCHW) news were published by: Businesswire.com which released: “Schwab Announces Redemption of Outstanding 1.500% Senior Notes Due 2018” on January 08, 2018, also Valuewalk.com published article titled: “Charles Schwab Corp (SCHW) Activist Update – Activist Investor Filings for …”, Streetinsider.com published: “Charles Schwab Corp. (SCHW) PT Raised to $60 at Citi Following Tax Reform” on January 09, 2018. More interesting news about The Charles Schwab Corporation (NYSE:SCHW) was released by: Bizjournals.com and their article: “Charles Schwab expands footprint in DFW with new deal at AllianceTexas” with publication date: January 12, 2018.

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