While Keycorp has underperformed by -1.09%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, KEY rose by 17.42%, with highs and lows ranging from $20.04 to $12.94, whereas the simple moving average jumped by 6.66% in the last 200 days.
On November 07, 2024, Citigroup Downgraded Keycorp (NYSE: KEY) to Neutral. A report published by Robert W. Baird on October 14, 2024, Downgraded its rating to ‘Neutral’ for KEY. UBS also Downgraded KEY shares as ‘Neutral’, setting a target price of $15 on the company’s shares in a report dated July 08, 2024. Jefferies January 09, 2024d the rating to Buy on January 09, 2024, and set its price target from $10 to $17. Raymond James initiated its ‘Mkt Perform’ rating for KEY, as published in its report on January 08, 2024. Wells Fargo also rated the stock as ‘Overweight’.
Analysis of Keycorp (KEY)
Investors in Keycorp will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $0.82 per share. Further, the quarter-over-quarter decrease in sales is -28.82%, showing a negative trend in the upcoming months.
One of the most important indicators of Keycorp’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 0.97% is sufficient for you to turn a profit off your investment.
For any stock, average volume can also provide valuable insight into volatility, and KEY is recording 9.33M average volume. On a monthly basis, the volatility of the stock is set at 2.62%, whereas on a weekly basis, it is put at 2.66%, with a gain of 0.47% over the past seven days. Furthermore, long-term investors anticipate a median target price of $20.18, showing growth from the present price of $17.19, which can serve as yet another indication of whether KEY is worth investing in or should be passed over.
How Do You Analyze Keycorp Shares?
The Banks – Regional market is dominated by Keycorp (KEY) based in the USA. When comparing Keycorp shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 1562.73, there is a growth in quarterly earnings of -263.99%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.39%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 82.25% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
KEY shares are owned by institutional investors to the tune of 82.25% at present.
