A share price of Keycorp [KEY] is currently trading at $12.32, up 1.99%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The KEY shares have gain 12.51% over the last week, with a monthly amount glided 16.67%, and seem to be holding up well over a long-time horizon.
On 17, November 2023, Four Boise Organizations Receive KeyBank Grants Totaling $50,000. In a post published today on Yahoo Finance, KeyBank has awarded $50,000 in grants to four Boise-based organizations: Northwest Association for Blind Athletes, Women and Children’s Alliance (WCA), First Tee Idaho and Boise State University Foundation. The grants will help each organization continue their mission of supporting disadvantaged Idaho residents.
From an analyst’s perspective:
Keycorp [NYSE: KEY] stock has seen the most recent analyst activity on November 06, 2023, when Keefe Bruyette upgraded its rating to a Outperform and also boosted its price target to $15 from $12.50.
Keycorp experienced fluctuations in its stock price throughout the past year between $8.53 and $20.30. Currently, Wall Street analysts expect the stock to reach $12.67 within the next 12 months. Keycorp [NYSE: KEY] shares were valued at $12.32 at the most recent close of the market. An investor can expect a potential return of 2.84% based on the average KEY price forecast.
Analyzing the KEY fundamentals
During the last quarter, Keycorp [NYSE:KEY] saw sales of 2.04 billion, an improvement of 27.88%. To continue investigating profitability, this company’s Return on Assets is posted at 1.01, Equity is 12.38, Total Capital is 6.33, and Invested Capital is 6.33. Taking a look at the Principal structure of this organization reveals enduring liabilities to the total capital at 68.58 and enduring liabilities to the whole assets at 15.47.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 12.16 points at the first support level, and at 12.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.42, and for the 2nd resistance point, it is at 12.52.
Keycorp [KEY] reported earnings per share of $0.29 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.27/share, meaning a difference of $0.02 and a surprise factor of 7.40%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were $0.27 per share as compared to estimates of $0.31 per share, a difference of -$0.04 representing a surprise of -12.90%.
Ratios To Look Out For
A current ratio of 0.30 is a noteworthy aspect of Keycorp [NYSE:KEY]. Considering the valuation of this stock, the price to sales ratio is 2.02, the price to book ratio is 1.48 and the P/E (TTM) ratio is 9.99.
Transactions by insiders
Recent insider trading involved Rankin Devina A, Director, that happened on Aug 10 when 10000.0 shares were purchased. Chief Information Officer, Brady Amy G. completed a deal on May 26 to sell 12627.0 shares. Meanwhile, Chief Information Officer Brady Amy G. sold 12388.0 shares on May 25.