) 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:
), down 5.4%,
), down 5.2%,
), down 4.8%, and
), 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
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
. 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
) while those bearish on the financial services industry could consider
- Find other investment ideas from our top rated ETFs lists.