What is the stock price trajectory of Keycorp (KEY)?

At the time of writing, Keycorp [KEY] stock is trading at $14.43, up 1.48%. 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 lost -2.76% over the last week, with a monthly amount drifted -0.07%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Keycorp [NYSE: KEY] stock has seen the most recent analyst activity on January 09, 2024, when Jefferies upgraded its rating to a Buy and also boosted its price target to $17 from $10. On December 20, 2023, upgrade upgraded it’s rating to Overweight. Wells Fargo reiterated its Overweight rating and increased its price target to $16 on December 14, 2023. Keefe Bruyette upgraded its rating to a Outperform and raised its price target to $15 on November 06, 2023. Wolfe Research upgraded its rating to Peer Perform for this stock on October 04, 2023. In a note dated September 15, 2023, Piper Sandler upgraded an Overweight rating on this stock and boosted its target price from $12 to $13.50.

For the past year, the stock price of Keycorp fluctuated between $8.53 and $15.86. Currently, Wall Street analysts expect the stock to reach $23.25 within the next 12 months. Keycorp [NYSE: KEY] shares were valued at $14.43 at the most recent close of the market. An investor can expect a potential return of 61.12% based on the average KEY price forecast.

Analyzing the KEY fundamentals

According to Keycorp [NYSE:KEY], the company’s sales were 10.33B for trailing twelve months, which represents an 13.48% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.66%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.55.

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 14.23 points at the first support level, and at 14.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.57, and for the 2nd resistance point, it is at 14.70.

Ratios To Look Out For

It is important to note that Keycorp [NYSE:KEY] has a current ratio of 0.40. Considering the valuation of this stock, the price to sales ratio is 1.30, the price to book ratio is 1.11 and price to earnings (TTM) ratio is 16.32.

Transactions by insiders

Recent insider trading involved Highsmith Carlton L, Director, that happened on Mar 08 ’24 when 7500.0 shares were sold. Head of Commercial Bank, Gavrity Kenneth C completed a deal on Feb 16 ’24 to sell 2376.0 shares. Meanwhile, Chief Accounting Officer Schosser Douglas M sold 3326.0 shares on Feb 15 ’24.

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