Charles Schwab Corp (SCHW): Today's Featured Financial Services Laggard

Charles Schwab (SCHW) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole was unchanged today. By the end of trading, Charles Schwab fell 14 cents (-1.1%) to $12.78 on light volume. Throughout the day, 6.1 million shares of Charles Schwab exchanged hands as compared to its average daily volume of 9.8 million shares. The stock ranged in price between $12.74-$12.96 after having opened the day at $12.91 as compared to the previous trading day's close of $12.92. Other company's within the Financial Services industry that declined today were: Ladenburg Thalman Financial Services (LTS), down 5.4%, China Ceramics (CCCL), down 5.2%, Credit Suisse (DSLV), down 4.8%, and SWS Group (SWS), down 4.1%.

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The Charles Schwab Corporation, through its subsidiaries, provides securities brokerage, banking, and related financial services to individuals and institutional clients. Charles Schwab has a market cap of $16.07 billion and is part of the financial sector. The company has a P/E ratio of 19.1, equal to the average financial services industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 14.7% year to date as of the close of trading on Friday. Currently there are four analysts that rate Charles Schwab a buy, one analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Charles Schwab as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth and compelling growth in net income. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year.

• You can view the full Charles Schwab Ratings Report.

• Use our financial services section to find industry-relevant news.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR (XLF) while those bearish on the financial services industry could consider Proshares Short Financials (SEF).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on Charles Schwab Corp click any of the following:

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• Charles Schwab Corp Growth Rates

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• Charles Schwab Corp Income Statement