Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Keycorp (NYSE: KEY) closed the day trading at $14.38 down -0.35% from the previous closing price of $14.43. In other words, the price has decreased by -$0.35 from its previous closing price. On the day, 32.08 million shares were traded. KEY stock price reached its highest trading level at $14.81 during the session, while it also had its lowest trading level at $14.1.
Ratios:
For a better understanding of KEY, let’s look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.63 whereas as Long-Term Debt/Eq ratio is at 1.43.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on January 09, 2024, Upgraded its rating to Buy and sets its target price to $17 from $10 previously.
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 08 ’24 when Highsmith Carlton L sold 7,500 shares for $15.10 per share. The transaction valued at 113,250 led to the insider holds 53,577 shares of the business.
Gavrity Kenneth C sold 2,376 shares of KEY for $33,335 on Feb 16 ’24. The Head of Commercial Bank now owns 98,120 shares after completing the transaction at $14.03 per share. On Feb 15 ’24, another insider, Schosser Douglas M, who serves as the Chief Accounting Officer of the company, sold 3,326 shares for $14.00 each. As a result, the insider received 46,564 and left with 19,795 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KEY now has a Market Capitalization of 13557118976 and an Enterprise Value of 38201335808. As of this moment, Keycorp’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.35, and their Forward P/E ratio for the next fiscal year is 8.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.27 while its Price-to-Book (P/B) ratio in mrq is 1.13. Its current Enterprise Value per Revenue stands at 6.481.
Stock Price History:
Over the past 52 weeks, KEY has reached a high of $15.86, while it has fallen to a 52-week low of $8.53. The 50-Day Moving Average of the stock is -1.65%, while the 200-Day Moving Average is calculated to be 14.07%.
Shares Statistics:
Over the past 3-months, KEY traded about 15.78M shares per day on average, while over the past 10 days, KEY traded about 14783090 shares per day. A total of 936.56M shares are outstanding, with a floating share count of 929.83M. Insiders hold about 0.43% of the company’s shares, while institutions hold 80.74% stake in the company. Shares short for KEY as of 1711584000 were 27995833 with a Short Ratio of 1.77, compared to 1709164800 on 23689091. Therefore, it implies a Short% of Shares Outstanding of 27995833 and a Short% of Float of 3.9.
Dividends & Splits
KEY’s forward annual dividend rate is 0.82, up from 0.82 a year ago. The stock’s 5-year Average Dividend Yield is 4.83.
Earnings Estimates
At present, KeyCorp analysts are actively evaluating the performance of Keycorp (KEY) in the stock market.
