The price-to-earnings ratio for Keycorp (NYSE: KEY) is above average at 1549.09x. The 36-month beta value for KEY is also noteworthy at 1.24. There are mixed opinions on the stock, with 12 analysts rating it as a “buy,” 6 rating it as “overweight,” 9 rating it as “hold,” and 1 rating it as “sell.”
The public float for KEY is 939.30M, and at present, short sellers hold a 1.64% of that float. The average trading volume of KEY on October 28, 2024 was 12.76M shares.
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KEY) stock’s latest price update
Keycorp (NYSE: KEY) has experienced a decline in its stock price by -1.10 compared to its previous closing price of 17.23. However, the company has seen a fall of -1.79% in its stock price over the last five trading days. prnewswire.com reported 2024-10-23 that 15th annual report suggests AI and macro-economic optimism as drivers of growth in 2025 SAN FRANCISCO and MENLO PARK, Calif., Oct. 23, 2024 /PRNewswire/ — KeyBanc Capital Markets (KBCM), the corporate and investment banking unit of KeyCorp (NYSE:KEY), in partnership with Sapphire Ventures, a global software venture capital firm backing companies of consequence, released results from its 15th annual Private SaaS Company Survey, the benchmarking report by which the SaaS industry measures financial and operating performance.
KEY’s Market Performance
Keycorp (KEY) has seen a -1.79% fall in stock performance for the week, with a 2.96% gain in the past month and a 5.12% surge in the past quarter. The volatility ratio for the week is 2.06%, and the volatility levels for the past 30 days are at 2.32% for KEY. The simple moving average for the past 20 days is 0.36% for KEY’s stock, with a 12.40% simple moving average for the past 200 days.
Analysts’ Opinion of KEY
Many brokerage firms have already submitted their reports for KEY stocks, with Robert W. Baird repeating the rating for KEY by listing it as a “Neutral.” The predicted price for KEY in the upcoming period, according to Robert W. Baird is $17 based on the research report published on October 14, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see KEY reach a price target of $15, previously predicting the price at $16. The rating they have provided for KEY stocks is “Neutral” according to the report published on July 08th, 2024.
Jefferies gave a rating of “Buy” to KEY, setting the target price at $17 in the report published on January 09th of the current year.
KEY Trading at 1.95% from the 50-Day Moving Average
After a stumble in the market that brought KEY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.00% of loss for the given period.
Volatility was left at 2.32%, however, over the last 30 days, the volatility rate increased by 2.06%, as shares surge +2.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.19% upper at present.
During the last 5 trading sessions, KEY fell by -1.79%, which changed the moving average for the period of 200-days by +17.84% in comparison to the 20-day moving average, which settled at $16.98. In addition, Keycorp saw 18.33% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KEY starting from Brady Amy G., who sale 42,535 shares at the price of $16.92 back on Aug 29 ’24. After this action, Brady Amy G. now owns 82,648 shares of Keycorp, valued at $719,692 using the latest closing price.
Brady Amy G., the Officer of Keycorp, proposed sale 42,535 shares at $16.92 during a trade that took place back on Aug 29 ’24, which means that Brady Amy G. is holding shares at $719,786 based on the most recent closing price.
Stock Fundamentals for KEY
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 1.0 for the gross margin
The net margin for Keycorp stands at 0.01. The total capital return value is set at 0.01. Equity return is now at value 0.97, with 0.08 for asset returns.
Based on Keycorp (KEY), the company’s capital structure generated 0.52 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 1.07. The interest coverage ratio of the stock is 0.71.
Currently, EBITDA for the company is 3.0 million with net debt to EBITDA at -32.87. When we switch over and look at the enterprise to sales, we see a ratio of 3.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.79.
Conclusion
In summary, Keycorp (KEY) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
