Go to the list of all blogs
Abhoy Sarkar's Avatar
published in Blogs
Sep 12, 2019

Charles Schwab (SCHW, $41.95) slashing 600 workers, to revive interest margins

Charles Schwab revealed plans to retrench 3% of its workforce, as it attempts to boost interest margins amidst macroeconomic headwinds.

The financial services giant is laying off 600 employees, hoping that the move would lower expenses and therefore mitigate pressure from declining interest rates and economic challenges. Impacted positions span all staffing grades, as well as organizations and locations across the company, as indicated by the company’s statement.

Charles Schwab’s banking unit has been experiencing pressure on its profit margins amidst a low-interest-rate environment. The global and domestic macroeconomic headwinds/uncertainties and therefore declining interest rates seem to have aggravated the narrowing of interest margin between loans and deposits for Charles Schwab. Furthermore, the Federal Reserve is expected to implement more rate cuts this year after dropping rates by a quarter of a percentage point over the summer – something that could potentially add to Charles Schwab’s concerns, since a large portion of its revenue comes from net interest.

In its second quarter earnings, Schwab’s net interest revenue declined -4% from the first quarter. In July, the company said that if the Fed rate cuts continued, it expected a further squeeze into the end of the year.

Through the job cuts, the company is hoping to achieve better control of expenses, and improvements  on scale and efficiency — like platform improvements and digital experiences - according to the company.

 

Related Ticker: SCHW

Momentum Indicator for SCHW turns positive, indicating new upward trend

SCHW saw its Momentum Indicator move above the 0 level on February 14, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 78 similar instances where the indicator turned positive. In of the 78 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for SCHW just turned positive on February 12, 2024. Looking at past instances where SCHW's MACD turned positive, the stock continued to rise in of 42 cases over the following month. The odds of a continued upward trend are .

SCHW moved above its 50-day moving average on February 27, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where SCHW advanced for three days, in of 297 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The 10-day moving average for SCHW crossed bearishly below the 50-day moving average on January 29, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where SCHW declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

SCHW broke above its upper Bollinger Band on February 29, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for SCHW entered a downward trend on January 26, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. SCHW’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 72, placing this stock slightly better than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.836) is normal, around the industry mean (5.462). P/E Ratio (26.291) is within average values for comparable stocks, (36.992). Projected Growth (PEG Ratio) (1.547) is also within normal values, averaging (2.546). Dividend Yield (0.015) settles around the average of (0.036) among similar stocks. P/S Ratio (6.489) is also within normal values, averaging (98.999).

Notable companies

The most notable companies in this group are Morgan Stanley (NYSE:MS), Goldman Sachs Group (NYSE:GS), Charles Schwab Corp (The) (NYSE:SCHW), CME Group (NASDAQ:CME).

Industry description

These banks specialize in underwriting (helping companies with debt financing or equity issuances), IPOs, facilitating mergers and other corporate reorganizations and acting as a broker or financial advisor for institutions. They might also trade securities on their own accounts. Investment banks potentially thrive on expanding its network of clients, since that could help them increase profits. Goldman Sachs, Morgan Stanley and CME Group Inc are some of the largest investment banking companies.

Market Cap

The average market capitalization across the Investment Banks/Brokers Industry is 10.44B. The market cap for tickers in the group ranges from 13 to 928.5B. PKRSF holds the highest valuation in this group at 928.5B. The lowest valued company is BFCH at 13.

High and low price notable news

The average weekly price growth across all stocks in the Investment Banks/Brokers Industry was 0%. For the same Industry, the average monthly price growth was 6%, and the average quarterly price growth was 25%. BIDCF experienced the highest price growth at 70%, while LNTO experienced the biggest fall at -56%.

Volume

The average weekly volume growth across all stocks in the Investment Banks/Brokers Industry was 66%. For the same stocks of the Industry, the average monthly volume growth was 85% and the average quarterly volume growth was 156%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 56
P/E Growth Rating: 65
Price Growth Rating: 50
SMR Rating: 70
Profit Risk Rating: 71
Seasonality Score: 6 (-100 ... +100)
View a ticker or compare two or three
SCHWDaily Signal changed days agoGain/Loss if shorted
 
Show more...
Ad is loading...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a provider of securities brokerage and other financial services

Industry InvestmentBanksBrokers

Profile
Fundamentals
Details
Industry
Investment Banks Or Brokers
Address
3000 Schwab Way
Phone
+1 817 859-5000
Employees
35300
Web
https://www.aboutschwab.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
EDAP6.320.56
+9.72%
EDAP TMS SA
HIMX5.510.15
+2.89%
Himax Technologies
FANG182.522.76
+1.54%
Diamondback Energy
CAAP14.52-0.06
-0.41%
Corporacion America Airports SA
PSHG1.87-0.01
-0.53%
Performance Shipping

SCHW and

Correlation & Price change

A.I.dvisor indicates that over the last year, SCHW has been closely correlated with RJF. These tickers have moved in lockstep 68% of the time. This A.I.-generated data suggests there is a high statistical probability that if SCHW jumps, then RJF could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SCHW
1D Price
Change %
SCHW100%
+1.72%
RJF - SCHW
68%
Closely correlated
-0.09%
SF - SCHW
67%
Closely correlated
+0.28%
JEF - SCHW
65%
Loosely correlated
+1.01%
MS - SCHW
62%
Loosely correlated
-0.01%
GS - SCHW
59%
Loosely correlated
-1.05%
More
Ad is loading...
Master swing trading in trending markets with our beginner-focused guides. Achieve +61% annualized returns when markets trend down, and +48% when they rise. Dive into the robotic theme, seeing a 1-week change of +2.91%. Featured stocks: $CGNX, $IRBT, $ISRG, $ROK, $ZBRA. Start trading smartly now!
#artificial_intelligence#up_greenish#trading#technical_analysis
Discover swing trading for beginners, focused on markets trending upward with both TA&FA. After a +0.63% 3-day boost in MU, historical data shows a promising future: in 210 out of 302 instances, MU's price climbed within the next month. With a 70% probability of sustained growth, now's the time to consider MU.
#artificial_intelligence#up_greenish#trading#technical_analysis
One such example is the "Swing trader: Deep Trend Analysis v.2 (TA)" AI trading bot, which has recently showcased its prowess by generating a remarkable +6.27% gain while trading RIVN over the course of the previous week. In this article, we delve into the details of this achievement and analyze the potential impact of the prevailing bearish signals on RIVN's performance.
The Building Products industry has recently surged with an impressive performance increase of +7.71% over the past month. This article delves into the dynamics of this sector, spotlighting its notable tickers and analyzing key trends.
Dive into the dynamic world of insurance agency stocks with our latest blog post! 🚀 Witness the remarkable 18.35% gain that has sent stocks like $AON, $EBIX, $GSHD, $MMC, and $AJG soaring in the insurance sector over the past 6 months. Discover the strategic insights behind this impressive growth and understand how these changes have shaped the industry landscape. From market cap dynamics to high and low price fluctuations, volume trends, and fundamental analysis ratings, we've got you covered. Uncover the factors driving this surge and gain valuable insights into the strategies that could potentially lead to further success. Whether you're a seasoned investor or new to the market, this blog will provide you with an expert analysis of these insurance agency stocks and their potential for continued growth. Don't miss out on the excitement – read now to stay ahead of the investment game! 📊📈
#latest#artificial_intelligence#neutral_bluish#technical_analysis#asset_allocation#trading
Attention traders! Data Storage (DTST) is on a significant uptrend. In just a week, DTST stock has surged by an eye-catching 13.79%. With its recent positive shift in the MACD histogram and an earnings report beating market expectations, this stock is showing strong bullish indicators. In an industry dominated by tech giants, DTST's promising performance stands out. If you're looking for potential growth opportunities in the Information Technology Services Industry, DTST might be worth your attention. Dive into our in-depth analysis to understand why DTST could be the next stock to add to your portfolio.
#latest#popular#patterns#artificial_intelligence#neutral_bluish#technical_analysis#trading
In the dynamic realm of the contract drilling industry, recent market shifts have left their mark on notable players. Transocean Ltd ($RIG), Diamond Offshore Drilling ($DO), Patterson-UTI Energy ($PTEN), Noble ($NE), and PDS Energy ($PDS) find themselves facing collective losses, shedding light on the industry's evolving landscape. As this group grapples with a -4.22% downturn in the past week, our exploration delves into the intricacies of their market capitalizations, high and low price fluctuations, volume trends, and fundamental analysis ratings. Discover how these significant tickers are navigating challenges and learn how market dynamics are shaping their trajectories. Join us as we uncover insights from the contract drilling sector and gain a deeper understanding of the forces at play in this ever-changing market.
#latest#popular#artificial_intelligence#trading#technical_analysis
🚨 Market Alert! 🚨 Stay tuned for more updates, and as always, invest wisely! 💡 In a week marked by notable shifts, Target (TGT, $121.79) experienced a significant downturn, plummeting by -7.18%. But what's causing this dip amidst the broader Discount Stores Industry landscape? Of the 16 monitored stocks from 8/18/2023 to 8/25/2023, a staggering 88.89% were on a downtrend. However, it's not all gloom for Target. Their recent earnings report showcased an EPS of $1.80, surpassing the forecasted $1.47. Additionally, dividend enthusiasts have a silver lining with a forthcoming dividend of $1.10 per share. As giants like Walmart and Costco continue to dominate the market, where does Target's recent performance fit within the bigger picture of discount retailers? Dive deep into our comprehensive analysis to gain insights into Target's current position, industry trends, and what this could mean for future investments. 📊🔍🛍️
#latest#popular#artificial_intelligence#trading#technical_analysis
The 'fish' category primarily encompasses sellers of fish. Many companies within this sector also venture into the production and sale of poultry, frozen meat, and even dairy products. Notable entities in this domain include Lifeway Foods, Inc., Sanderson Farms, Inc., and Hormel Foods Corp.
#artificial_intelligence#investment
The recent performance of the Trend Trader's Popular Stocks: Price Action Trading Strategy (TA&FA) robots has caught the attention of market enthusiasts. These automated trading bots, often referred to as "bot factories," have demonstrated their prowess by generating a notable gain of +5.81% while trading AMTX over the course of the previous week. This achievement becomes even more intriguing when considering the downward trend that AMTX has been experiencing recently.
We're pleased to introduce the Best Robot of the Week by Tickeron—a remarkable achievement in the realm of trading. This week, our robot has once again outperformed the S&P 500 index. Additionally, over the past month, it has outperformed the index for three out of four weeks. This pattern reinforces the dependability and stability of the signals, aligning perfectly with Tickeron's quant team objectives.
The Electronics Distributors industry has recently showcased a remarkable performance surge of +6.01% over the past month, signifying a period of growth and potential for investors. This article delves into the positive outlook and potential opportunities within this dynamic industry, focusing on key tickers and indicators that underscore its current trajectory.
The Dow and S&P have both declined by 3.4% and 4%, respectively, since the beginning of the month, while the Nasdaq has experienced a loss of approximately 5.3%. The airline industry stocks have been hit the hardest, with some stocks seeing declines of over 20%. Signals for these stocks can be obtained by subscribing to one of our robots Swing-Trader-700-per-position-Hedge-Fund-Style-Trading-TA-FA.
The Metabolic Sector Biotechnology companies that produce drugs to treat gastrointestinal and metabolism disorders are classified under the 'metabolic' category. These disorders often encompass obesity, which can potentially lead to severe diseases such as cardiovascular ones
#artificial_intelligence#investment
Discover the impressive 6.17% gain within the Human Capital sector as we delve into the performance of key tickers like $PAYC, $RHI, $EFX, $PRFT, and $AMN. Uncover market insights, potential trends, and the factors driving this substantial growth in the dynamic world of human resources and staffing solutions.
🚦DWS Strategic Municipal Income Trust (KSM) sees a 0.93% drawdown amid shifting indicators. With RSI hinting at a potential uptrend, what's next for KSM? Dive into our analysis for key insights!📊"
#latest#popular#artificial_intelligence#trading#technical_analysis
Over the past month, all markets have experienced a significant correction. Banking sector stocks have declined by approximately 10% and appear to be underperforming the market. If you're an investor or trader looking for more detailed signals on these stocks, our robots can provide you with information to make more informed decisions. Learn more about our active trading robots here: Swing-Trader-1-5K-per-position-Medium-Volatility-Stocks-for-Active-Trading-TA-FA. Market volatility creates opportunities, and the right tools can help you take advantage of the current situation.
The latest triumph comes from the "Swing trader: Deep Trend Analysis (TA)" AI trading bots, which have earned the moniker of "bot factories" due to their impressive performance. These bots recently executed a remarkable feat by generating a substantial gain of +6.28% while trading SAVA over the past week. This success story underscores the growing role of AI in shaping the landscape of modern trading.
Discover how Apple, Cisco Systems, QUALCOMM, Booking Holdings, and Humana are driving the solid names group to a remarkable +2.72% gain. Delve into the market dynamics and explore the factors behind this impressive growth.
#trading#latest#popular#artificial_intelligence#neutral_bluish#asset_allocation
Facing one of its steepest drops, FinVolution Group (FINV) recorded a -10.31% fall this month. What's next for this finance giant amidst industry shifts? Dive into our analysis to explore the factors behind this significant decline. 📉🔍
#latest#popular#artificial_intelligence#trading#technical_analysis#asset_allocation