Charles Schwab Corp
You Can Own a Piece of the Entire Stock Market—Here’s How
Best Emerging Markets ETFs to Add and Diversify Your Portfolio
TD Ameritrade’s Valuation Falls alongside the Industry
Historically, TD Ameritrade traded at a discount to its peers because of average operating margins. The sector’s valuations fell in the recent past.
Why Did the US Federal Reserve Turn Hawkish at Its June Meeting?
As expected, the Federal Reserve increased the interest rate by 25 basis points after its June meeting, which concluded on June 13.
Schwab’s Banking Operation Has More Assets, High Interest Income
Charles Schwab’s (SCHW) banking operations have seen strong growth over the past few quarters on accumulation of assets, expanding balance sheet, and interest income.
What Are Fossil Group’s Projections for 2016?
Fossil Group reported 4Q15 net sales of $992.5 million, a fall of 6.8% compared to net sales of $1,064.8 million in fiscal 4Q14.
TD Ameritrade’s Projected Operating Expenses for Fiscal 4Q17
TD Ameritrade Holding (AMTD) saw an increase in its total operating expenses for fiscal 3Q17 compared to fiscal 3Q16.
Schwab Is Targeting Strong Operating Margins in 2017
Charles Schwab (SCHW) has improved its operating margins on improved interest income, administration fees, asset management fees, and new assets.
Is the Fed Sure What It’s Doing?
In this series, we’ll analyze Fed members’ comments in June 2017 to better understand their outlooks on the US economy and how they justify their hawkish or dovish stances.
Will VF Corporation’s Vans Brand Spur Higher Growth in 3Q15?
VF Corporation saw sales of $2.5 billion in 2Q15, up 4.7% year-over-year. Its performance was boosted by top brands The North Face, Timberland, and Vans.
What’s Charles Schwab’s Valuation?
Charles Schwab (SCHW) has a price-to-earnings ratio of 20.80x on an NTM (next-12-month) basis.
How Did Verifone Systems Perform in 4Q16?
Verifone Systems (PAY) reported fiscal 4Q16 total net revenues of $464.2 million, a fall of 9.7% compared to total net revenues of $514.1 million in fiscal 4Q15.
Analyzing TD Ameritrade’s Higher Valuation after Fiscal 2Q18
TD Ameritrade’s (AMTD) NTM (next-12-month) price-to-book ratio is 4.1x, higher than the peer average of 4.0x, indicating its higher valuation.
KeyBanc Capital Markets Upgrades Fossil to ‘Overweight’
Fossil Group (FOSL) has a market cap of $1.6 billion. It rose 8.4% to close at $35.70 per share on November 16, 2016.
How to Invest in General Growth Properties through ETFs
General Growth Properties has a market cap of $22.1 billion, is part of S&P 500 index, and sees allocation in the major REIT-specific ETFs like ICF.
Under Armour’s Footwear Business versus Skechers and New Balance
Primarily an apparel player, Under Armour (UA) has stepped up its pace in entering new footwear categories.
Energy Sector Headwinds: Supply Side Poses a Challenge
The supply side is adding to energy sector headwinds (IXC).
How to Buy Schwab Stock Slices
Charles Schwab and TD Ameritrade Merger Gets Closer
Lululemon Raised Projections and Seres Made Deal with Nestle
Lululemon Athletica (LULU) rose by 3.8% to close at $56.82 per share as of January 12, 2016.
Who Would Bid for American Express?
Wells Fargo seems unlikely to put capital on a falling brand like American Express, unless Warren Buffett has a different perspective and backs a takeover.
TD Ameritrade Stock Rises 25% in One Quarter on Assets, Acquisition
TD Ameritrade has seen a weaker performance than other brokerage giants. It posted EPS of $0.35 in fiscal 4Q16, missing analyst estimates of $0.38.
Could TD Ameritrade’s Client Assets Stay at December Levels?
For the institutional channel, TD Ameritrade had its second-best quarter ever in terms of net new client assets but fell year-over-year.
Why May’s Inflation Was Just Hot Enough
On June 12, the US Bureau of Labor Statistics reported that US consumer prices rose 0.2% in May, adding to the 0.2% increase seen in April.
Why Charles Schwab’s Total Expenses Rose
Charles Schwab (SCHW) has seen an increase in its total expenses excluding interest expenses in 2Q17 as compared to 2Q16.
E*TRADE’s Daily Average Revenue Trades Are Consolidating
E*TRADE (ETFC) reported DARTs (daily average revenue trades) of $170,000 during the quarter—an increase of 1% from the prior quarter.
Utility Stocks Remain Strong amid Trade War Woes
Utility stocks have grown at 4% annually in the last few years and might continue to grow. But their upside from here on could be limited.
JPMorgan Launches the Highly Anticipated You Invest Platform
JPMorgan Chase (JPM) has launched its much-awaited free digital investment platform—You Invest—with 100 free online trades for customers.
Are Real Assets in the Goldilocks Zone?
According to the IMF (International Monetary Fund), the world economy grew 3.8% in 2017, the fastest since 2011.
What Analysts Recommend for Interactive Brokers Group
Proprietary trading firms and hedge funds formed 4% of Interactive Brokers Group’s (IBKR) total accounts in the second quarter.
How Interactive Brokers Group Is Valued after Q2 Results
The primary reason for Interactive Brokers Group’s premium valuation is its strong second-quarter results.
Why Interactive Brokers Group’s Commissions Fell
In the second quarter, Interactive Brokers Group (IBKR) saw daily average revenue trades (or DARTs) of 797,000.
Interactive Brokers Posted Strong Second-Quarter Results
Interactive Brokers Group (IBKR) posted net revenues of $445 million in the second quarter, a rise of 14.9% on a YoY basis.
Expansion, Development Initiatives to Drive SPG’s Income
Analysts expect Simon Property Group (SPG) to report net operating income (or NOI) of $1.07 billion in the second quarter.
TD Ameritrade Posted Strong Third-Quarter Results
TD Ameritrade (AMTD) released its third fiscal quarter results on July 23. The company posted an EPS of $0.89, which exceeded analysts’ expectations.
How Analysts View Charles Schwab after Q2 2018
After second-quarter earnings, Charles Schwab (SCHW) has “strong buy” ratings from seven analysts and a “sell” rating from one analyst.
How Charles Schwab Is Valued after Strong Second-Quarter Results
Technological investments, competitive commission rates, and acquisitions are expected to drive the brokerage industry moving forward.
Why Schwab’s Asset Management and Administration Fees Fell
Asset management and administration fees contributed $814 million, or 32.7%, of Charles Schwab’s (SCHW) net revenues in the second quarter.
Charles Schwab’s Total Client Assets Rose in the Second Quarter
As of June 30, Charles Schwab (SCHW) had total client assets of $3.4 trillion, a YoY rise of 12% and a sequential rise of 3%.
E*TRADE’s Q2 Daily Average Revenue Trades Fell Sequentially
E*TRADE Financial posted second-quarter EPS of $0.95, which beat Wall Street estimates by $0.07.
Higher Net Interest Income Drove Charles Schwab’s Net Revenues
Charles Schwab’s (SCHW) second-quarter net revenues came in at $2.5 billion, a YoY rise of 17% and a sequential rise of 4%.
Interactive Brokers Group Missed Earnings Estimates in Q2 2018
On July 17, Interactive Brokers Group declared its second-quarter earnings. The company’s EPS was $0.39, which missed analysts’ expectations by $0.02.
Charles Schwab Posts Strong Q2 2018 Results, Shares Gain
Charles Schwab (SCHW) reported its second-quarter results on July 17. The company posted an EPS of $0.60, which exceeded analysts’ estimates.
Analysts Are Mixed on Interactive Brokers Group in July
In July, Interactive Brokers had two “strong buy” ratings out of six analysts tracking the stock.
A Look at Interactive Brokers Group’s Premium Valuations
The PE ratio of Interactive Brokers Group (IBKR) is 26.17x on an NTM (next-12-month) basis.
What Interactive Brokers Group’s Commissions Might Be in Q2 2018
In the second quarter, Interactive Brokers Group (IBKR) is expected to generate fees and commissions income of $195 million.
How Interactive Brokers Group’s Average Trades Have Trended
Interactive Brokers Group (IBKR) saw DARTs of 797,000 in the second quarter, which implies a sequential fall.
Interactive Brokers: Stabilizing Net Interest Margins in Q2 2018
In the second quarter, Interactive Brokers Group (IBKR) is expected to report net interest income of $255.1 million.
What’s in Store for Interactive Brokers Group in Q2 2018?
Interactive Brokers Group (IBKR) is expected to report its Q2 2018 earnings on July 17. It’s expected to have lower commissions.
Can Macros and Mixed Sentiment Drive E*TRADE’s Q2 2018 Earnings?
E*TRADE Financial Corporation (ETFC) is scheduled to release its second-quarter results on July 19. Wall Street is expecting EPS of $0.89, implying year-over-year growth of 27.1%.
What Charles Schwab Predicts for Second Half of 2018
On July 10, Charles Schwab (SCHW) presented its forecast for the second half of the year.
Why Analysts Love Charles Schwab
In July, Charles Schwab (SCHW) got six “hold” ratings and one “sell” rating of the 20 analysts covering the stock.
A Look at Charles Schwab’s Valuations
Charles Schwab (SCHW) has a PE ratio of 18.99x on an NTM (next-12-month) basis.
Charles Schwab’s Asset Management and Administration Fees
In the first quarter, Schwab (SCHW) generated total asset management and administration fees of $851 million.
What Could Charles Schwab’s Trading Income Be in Q2 2018?
Moving forward, the markets could see higher volatility, mainly due to prevailing trade tensions that are disrupting global trade.
What Could Help Charles Schwab’s Net Interest Income in Q2 2018?
Charles Schwab’s net interest income is largely influenced by interest-earning assets and interest rates.
What’s Expected for Charles Schwab in Q2 2018?
On July 17, Charles Schwab (SCHW) is expected to post its second-quarter earnings. Analysts expect it to report EPS of $0.58.
How Do Interactive Brokers Group’s June Metrics Look?
Interactive Brokers Group reported daily average revenue trades of 799,000 in June, a month-over-month rise of 2% and a year-over-year rise of 17%.
Could Analysts Change their Ratings for Brokerages?
Over the long term, trade wars could negatively impact investors’ views on equities, primarily due to the risks they carry.
Brokerages in 2018: What to Expect
The final week of the second quarter might help brokerages, primarily because of higher client participation.
How Could Trade Wars Impact Bond Yields?
The primary reason for investors’ preference for safer instruments is highly unstable global factors.
What Impact Could Trade Wars Have on Brokerages?
Brokerages could see a negative impact from escalating trade wars between the United States and China in the long term.
What Factors Affect Analysts’ Views of the Brokerage Industry?
In June, six analysts recommended a “hold” for Charles Schwab (SCHW). Eight gave “strong buy” ratings, and one recommended a “sell.
What’s Next for the Brokerage Industry?
E*TRADE Financial Corporation (ETFC) saw a marginal sequential rise of 1.0% in its May DARTs.
A Look at E*TRADE’s Valuations
E*TRADE Financial’s EV-to-EBITDA multiple is ~40.8x on an LTM (last-12-months) basis.
Factors Driving Performance for E*TRADE and Charles Schwab
Charles Schwab (SCHW) has witnessed an increasing trend in its net interest income during the past few quarters.
What Digitization Means for the Brokerage Industry
Brokerage firms Charles Schwab, E*TRADE, and TD Ameritrade have beta values of ~1.7, ~1.2, and ~1.4, respectively.
E*TRADE Financial’s Daily Average Revenue Trades Rose in May
After lower volatility in April, the markets were again volatile in May, which boosted brokerages’ (VFH) daily average revenue trades (or DARTs).
Charles Schwab Reports Strong Numbers for May
Charles Schwab (SCHW) is expected to report strong numbers in the second quarter mainly due to supportive macro fundamentals.
FOMC: We Are Not Declaring a Victory on Inflation
The FOMC’s June statement was released on June 13, and the outlook for inflation remained upbeat.
How Could High Inflation Affect the Fed?
During the Fed’s May meeting, the inflation (TIP) target was described as “symmetric,” suggesting that the 2% target would not be used to initiate any dramatic changes to US monetary policy.
ETFC’s StreetWise Results: Investors’ Take on the Economy
On June 11, E*TRADE Financial released results from a study on investor sentiment about the June Fed meeting and the overall economy.
What Could Attract Investors to Interactive Brokers
Market participants tend to prefer digital tools to execute trades because of lower costs and faster execution.
Could Interactive Brokers Impress Market Participants in Q2?
We’re almost halfway through the current year, and market dynamics seem to have supported brokerages (VFH).
How Technology Is Helping Interactive Brokers Group
On June 6, Interactive Brokers (IBKR) attended the Sandler O’Neill Global Exchange and Brokerage Conference, where it shared company insights.
Why Interactive Brokers Group’s Daily Average Revenue Trades Fell
In the second quarter, Interactive Broker Group is expected to witness a drop in its commission revenues sequentially due to a fall in its DARTs.
TD Ameritrade Stock: Analysts’ Recommendations
For TD Ameritrade, six analysts recommend a “hold,” one recommends a “strong sell,” five recommend a “buy,” and seven recommend a “strong buy.”
What Are TD Ameritrade’s Valuations?
TD Ameritrade’s (AMTD) PE ratio stood at 16.68x on a next 12-month basis, which implies discounted valuations.
TD Ameritrade Stock: Important Factors to Watch
TD Ameritrade’s (AMTD) performance will likely depend on the economic and political factors prevailing in the economy.
What Does the Third Quarter Hold for TD Ameritrade?
TD Ameritrade (AMTD) is expected to report an EPS of $0.8 in the fiscal third quarter, which ends in June.
TD Ameritrade: How Digital Tools Are Helping
TD Ameritrade (AMTD) operates in a very competitive industry. The company needs to retain its clients in order to experience long-term growth.
What Drove TD Ameritrade’s Second-Quarter Performance?
TD Ameritrade (AMTD) benefited from clients’ higher trading activities in the second quarter, which ended on March 31.
Analysts Have Mixed Views on Interactive Brokers
Of the six analysts covering Interactive Brokers (IBKR), two recommend “strong buy,” two recommend “hold,” and two recommend “strong sell.”
What Could Affect Interactive Brokers Group in Q2?
In the first quarter, Interactive Brokers (IBKR) exceeded analysts’ EPS and revenue expectations, like peers (VFH) Charles Schwab (SCHW) and E*TRADE Financial (ETFC).
Inside Interactive Brokers’ Premium Valuation
Interactive Brokers (IBKR) has an NTM (next-12-month) PE ratio of 32.7x, which is higher than peers’ average of 18.5x.
What’s Been Driving Brokerages?
Interactive Brokers (IBKR) drew market participants’ attention in the first quarter, primarily because of expectations of higher interest rates and strong volatility.
How Interactive Brokers’ April Numbers Could Affect Its Q2
In the first quarter, trade tensions and interest rate hike expectations made equity markets volatile, resulting in brokerages’ (VFH) customers trading more and boosting brokerages’ revenue.
A Look at Charles Schwab’s April Metrics
On May 14, Charles Schwab (SCHW) released its April metrics. Let’s look at how the brokerage did.
Bond Yields Fall after April Inflation Data Release
US bond market investors were relieved after the US Bureau of Labor Statistics’ April report, published May 10, indicated a lower-than-expected inflation growth rate.
How April’s Inflation Data Relieved Markets
On May 10, the Bureau of Labor Statistics reported that US consumer prices rose 0.2% in April.
Is the US Economy on Track to Meet the 2018 GDP Projections?
In its most recent SEP release, the Fed upgraded its GDP growth outlook for 2018 by 0.2% to 2.7%, compared to the 2.5% growth outlook in December 2017.
Could there be a 4th Rate Hike in the Cards?
The Bureau of Economic Analysis defines PCE (personal consumption expenditure) as the value of goods and services purchased by, or on behalf of, US residents.
Strategic Allocation to Real Assets Could Boost Portfolio Returns
Building on a legacy in the real asset space, VanEck is soon to debut a new fund, ticker RAAX.
US Job Openings Still Near Highs
The BLS released the “Job Openings and Labor Turnover Survey” for February on April 13.
Why March’s Inflation Numbers Could Pressure the Fed
The US Bureau of Labor Statistics has reported that US consumer prices fell 0.1% in March.
FOMC on the Economic Situation: A Strong US Economy
In the March meeting minutes, the FOMC staff review of the economy was stronger than the review presented at the January meeting.
Why Charles Schwab’s Returns Could Be Lower Going Forward
Charles Schwab (SCHW) is of the view that its returns with respect to bonds and stocks could be lower for the next ten years compared to its historical averages.
Why the Fed Expects Unemployment to Fall to 3.6%
Over the last 12 months, unemployment levels have fallen to a 17-year low of 4.1%.
What’s the Fed’s View on Inflation Growth?
The FOMC’s March statement was released on Wednesday, March 21, and the outlook for the closely watched inflation remained muted.
Why Did the Fed Upgrade Its GDP Forecast for 2018?
In the latest SEP release, the Fed upgraded its GDP growth outlook for 2018 by 0.2% to 2.7%.