KeyCorp (NYSE:KEY) is a stock that investors should take a bite out of.

After finishing at $12.17 in the prior trading day, KeyCorp (NYSE: KEY) closed at $11.75, down -3.45%. In other words, the price has decreased by -$0.42 from its previous closing price. On the day, 58581211 shares were traded. KEY stock price reached its highest trading level at $12.04 during the session, while it also had its lowest trading level at $10.86.

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Our goal is to gain a better understanding of KEY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.09. In the meantime, Its Debt-to-Equity ratio is 1.76 whereas as Long-Term Debt/Eq ratio is at 1.76.

Upgrades & Downgrades

On March 10, 2023, Robert W. Baird Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $20.

Piper Sandler Upgraded its Underweight to Neutral on March 10, 2023, whereas the target price for the stock was revised from $18.50 to $16.50.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 10 when Brady Amy G. sold 45,000 shares for $15.58 per share. The transaction valued at 701,100 led to the insider holds 119,121 shares of the business.

Mago Angela G sold 5,352 shares of KEY for $106,772 on Feb 02. The Head of Commercial Bank now owns 194,280 shares after completing the transaction at $19.95 per share. On Sep 14, another insider, Highsmith Carlton L, who serves as the Director of the company, sold 5,200 shares for $17.59 each. As a result, the insider received 91,468 and left with 64,139 shares of the company.

Valuation Measures:

As of this moment, KeyCorp’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.11, and their Forward P/E ratio for the next fiscal year is 5.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.08 while its Price-to-Book (P/B) ratio in mrq is 0.97.

Stock Price History:

Over the past 52 weeks, KEY has reached a high of $24.71, while it has fallen to a 52-week low of $9.60. The 50-Day Moving Average of the stock is 18.03, while the 200-Day Moving Average is calculated to be 17.88.

Shares Statistics:

The stock has traded on average 14.82M shares per day over the past 3-months and 38.05M shares per day over the last 10 days, according to various share statistics. A total of 931.83M shares are outstanding, with a floating share count of 928.21M. Insiders hold about 0.10% of the company’s shares, while institutions hold 85.70% stake in the company. Shares short for KEY as of Jan 30, 2023 were 20.58M with a Short Ratio of 20.96M, compared to 19.84M on Dec 29, 2022. Therefore, it implies a Short% of Shares Outstanding of 2.20% and a Short% of Float of 2.51%.

Dividends & Splits

In the trailing 12 months, KEY’s forward annual dividend rate was 0.74, compared to 0.82 this year. Against a Trailing Annual Dividend Yield of 6.08%, it implies a Forward Annual Dividend Yield of 4.19%. The stock’s 5-year Average Dividend Yield is 3.90. The current Payout Ratio is 40.40% for KEY, which recently paid a dividend on Mar 14, 2023 with an ex-dividend date of Feb 26, 2023. Stock splits for the company last occurred on Mar 08, 1998 when the company split stock in a 2:1 ratio.

Earnings Estimates

Its stock is currently analyzed by 18 different market analysts. On average, analysts expect EPS of $0.48 for the current quarter, with a high estimate of $0.54 and a low estimate of $0.36, while EPS last year was $0.45. The consensus estimate for the next quarter is $0.5, with high estimates of $0.56 and low estimates of $0.37.

Analysts are recommending an EPS of between $2.2 and $1.55 for the fiscal current year, implying an average EPS of $2.03. EPS for the following year is $2.28, with 19 analysts recommending between $2.55 and $1.81.

Revenue Estimates

14 analysts predict $1.83B in revenue for the current quarter. It ranges from a high estimate of $1.9B to a low estimate of $1.78B. As of the current estimate, KeyCorp’s year-ago sales were $1.7B, an estimated increase of 8.00% from the year-ago figure. For the next quarter, 14 analysts are estimating revenue of $1.87B, an increase of 4.30% less than the figure of $8.00% in the same quarter last year. There is a high estimate of $1.95B for the next quarter, whereas the lowest estimate is $1.78B.

A total of 16 analysts have provided revenue estimates for KEY’s current fiscal year. The highest revenue estimate was $7.89B, while the lowest revenue estimate was $7.22B, resulting in an average revenue estimate of $7.52B. In the same quarter a year ago, actual revenue was $7.27B, up 3.40% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $7.88B in the next fiscal year. The high estimate is $8.35B and the low estimate is $7.16B. The average revenue growth estimate for next year is up 4.70% from the average revenue estimate for this year.