The shares of The Charles Schwab Corporation (NYSE:SCHW) has been pegged with a rating of Sell by UBS in its latest research note that was published on February 20th, 2019. The research company has also assigned a $42 price target. UBS wasn’t the only research firm that published a report of The Charles Schwab Corporation, with other equities research analysts also giving their opinion on the stock. Goldman advised investors in its research note published on November 30th, 2018, to Buy the SCHW stock while also putting a $55 price target. The stock had earned Neutral rating from Citigroup when it published its report on November 26th, 2018. The stock was given Neutral rating by UBS in its report released on November 19th, 2018. Raymond James was of a view that SCHW is Outperform in its latest report on October 30th, 2018. Bernstein thinks that SCHW is worth Mkt Perform rating. This was contained in the firm’s report on April 10th, 2018.
Amongst the analysts that rated the stock, 1 have recommended investors to sell it, 5 believe it has the potential for further growth, thus rating it as Hold while 5 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $51.43. The price of the stock the last time has raised by 17.50% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 52.00.
The shares of the company dipped by -0.74% during the trading session on Tuesday, reaching a low of $44.08 while ending the day at $44.45. During the trading session, a total of 6.38 million shares were traded which represents a 3.88% incline from the average session volume which is 6.64M shares. SCHW had ended its last session trading at 44.78. The Charles Schwab Corporation currently has a market cap of $59.73B, while its P/E ratio stands at 18.17, while its P/E earnings growth sits at 5.44, with a beta of 1.32. The Charles Schwab Corporation debt-to-equity ratio currently stands at 13.33, while its quick ratio hovers at . SCHW 52-week low price stands at $37.83 while its 52-week high price is $60.22.
The company in its last quarterly report recorded $0.65 earnings per share which is above the $0.64 predicted by most analysts. The The Charles Schwab Corporation generated $2,669.00 million in revenue during the last quarter, which is slightly higher than the $2,638.60 million predicted by analysts. In the second quarter last year, the firm recorded $0.65 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by 0%. The Charles Schwab Corporation has the potential to record 2.45 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Goldman published a research note on April 8th, 2019 where it informed investors and clients that Symantec Corporation (NASDAQ:SYMC) is now rated as Buy. Their price target on the stock stands at $28. Goldman also rated SYMC as Initiated on November 30th, 2018, with its price target of $48 suggesting that SYMC could down by -2.01% from its current share price. Even though the stock has been trading at $24.24/share, analysts expect it to surge higher by -1.49% to reach $23.41/share. It started the day trading at $24.24 and traded between $23.82 and $23.88 throughout the trading session.
A look at its technical shows that SYMC’s 50-day SMA is 22.72 while its 200-day SMA stands at 21.00. The stock has a high of $29.20 for the year while the low is $17.42. The company’s P/E ratio currently sits at 194.15, while the P/B ratio is 2.58. At the moment, only of Symantec Corporation shares were sold short. The company’s average trading volume currently stands at 5.29M shares, which means that the short-interest ratio is just 2.40 days. Over the past seven days, the company moved, with its shift of 3.15%. Looking further, the stock has raised 21.96% over the past 90 days while it gained 19.16% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. T Rowe Price Associates Inc bought more SYMC shares, increasing its portfolio by +14.51% during the last quarter. This move now sees T Rowe Price Associates Inc purchasing 11,954,702 shares in the last quarter, thus it now holds 94,325,069 shares of SYMC, with a total valuation of $2,168,533,336. The Vanguard Group Inc meanwhile bought more SYMC shares in the recently filed quarter, changing its stake to $1,516,674,531 worth of shares. Capital Research Management Co followed the path by decreasing its SYMC portfolio by -4.60% in the quarter. This means that Capital Research Management Co sold -1,992,918 shares in the last quarter and now controls 41,349,275 shares of the SYMC stock, with the valuation hitting $950,619,832.
Similarly, BlackRock Fund Advisors increased its Symantec Corporation shares by +5.39% during the recently filed quarter. After buying 1,599,149 shares in the last quarter, the firm now controls 31,253,745 shares of Symantec Corporation which are valued at $718,523,598. In the same vein, Franklin Mutual Advisers LLC decreased its Symantec Corporation shares by during the most recent reported quarter. The firm sold -3,270,796 shares during the quarter which decreased its stakes to 26,914,620 shares and is now valued at $618,767,114. Following these latest developments, around 0.60% of Symantec Corporation stocks are owned by institutional investors and hedge funds.