At the time of writing, Keycorp [KEY] stock is trading at $17.34, up 4.52%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The KEY shares have gain 7.70% over the last week, with a monthly amount glided 4.08%, and 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 July 08, 2024, when UBS downgraded its rating to a Neutral and also revised its price target to $15 from $16. Previously, Jefferies upgraded its rating to Buy on January 09, 2024, and elevated its price target to $17. On January 08, 2024, Raymond James initiated with a Mkt Perform rating. Stephens upgraded its rating to a Overweight. Wells Fargo reiterated its recommendation of a Overweight and raised its price target to $16 on December 14, 2023. Keefe Bruyette upgraded its rating to Outperform for this stock on November 06, 2023, and upped its price target to $15. In a note dated October 04, 2023, Wolfe Research upgraded an Peer Perform rating on this stock.
For the past year, the stock price of Keycorp fluctuated between $9.50 and $17.20. Currently, Wall Street analysts expect the stock to reach $19.63 within the next 12 months. Keycorp [NYSE: KEY] shares were valued at $17.34 at the most recent close of the market. An investor can expect a potential return of 13.21% based on the average KEY price forecast.
Analyzing the KEY fundamentals
According to Keycorp [NYSE:KEY], the company’s sales were 10.66B for trailing twelve months, which represents an 3.38% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.32%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.06 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.5.
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 17.01 points at the first support level, and at 16.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.53, and for the 2nd resistance point, it is at 17.72.
Ratios To Look Out For
It is important to note that Keycorp [NYSE:KEY] has a current ratio of 0.56. Considering the valuation of this stock, the price to sales ratio is 1.53, the price to book ratio is 1.33 and price to earnings (TTM) ratio is 22.59.
Transactions by insiders
Recent insider trading involved Brady Amy G., Chief Information Officer, that happened on Aug 29 ’24 when 42535.0 shares were sold. Officer, Brady Amy G. completed a deal on Aug 29 ’24 to buy 42535.0 shares. Meanwhile, Director Highsmith Carlton L sold 10000.0 shares on Aug 16 ’24.
