Charles Schwab Corp
SCHW: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$21.00 | Gtqcv | Vtkzjpvgpt |
Charles Schwab: Adjusting Fair Value to $73; 2024 Is a Transitional Year
We're adjusting our fair value estimate for wide moat-rated Charles Schwab to $73 per share. Our fair value estimate implies a price/2025 earnings multiple of about 22.5 times and price/book multiple of about 3.7 times. We made many adjustments to our prior model, with the most impactful change being in our long-run forecast operating margin.