An Analysis Of KeyCorp (KEY)’s Weekly Performance

As of Thursday close, KeyCorp’s (NYSE:KEY) stock was down -$0.05, moving down -0.27 percent to $18.53. The average number of shares traded per day over the past five days has been 10,278,640 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.25 fall in that time frame. In the last twenty days, the average volume was 11,132,030, while in the previous 50 days, it was 10,188,636.


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Since last month, KEY stock retreated -9.61%. Shares of the company fell to $18.15 on 05/12/22, the lowest level in the past month. A 52-week high of $27.17 was reached on 01/18/22 after having rallying from a 52-week low of $17.90. Since the beginning of this year, KEY’s stock price has dropped by -19.89% or -$4.60, and marked a new high 9 times. However, the stock has declined by -31.80% since its 52-week high.

KeyCorp (KEY) last reported insider trading activity 67 days ago on Mar 07. Highsmith Carlton L, the Director of the company, disposed of 5,362 shares for $22.86 on Mar 07. It resulted in a $122,575 divestment by the insider. Warder Jamie sold 9,632 shares at an average price of $24.80 on Feb 28. The insider now owns 22,095 shares following the transaction. On Dec 06, Chief Human Resources Officer Fishel Brian L sold 11,841 shares at $23.26 apiece. The transaction was valued at $275,422.

Valuation Metrics

Right now, KeyCorp (KEY) has a P/E ratio of about 7.53. The stock’s beta is 1.33. Besides these, the trailing price-to-sales (P/S) ratio of 4.01, the price-to-book (PB) ratio of 1.28, and the price-to-cash flow ratio of 12.08 may also be considered.

The latest dividend of $0.1950 per share was paid out, remained unchanged from last year’s $0.1950. On Thursday November 18 2021, a $0.01 dividend increase was announced.

Financial Health

According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.81, and the total debt-to-equity ratio was 0.81. In the year ended September 29, operating margins totaled 99.10%. Based on annual data, KEY earned $4.07 billion in gross profit and brought in $4.37 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 14.00%. Return on equity (ROE) for the past 12 months was 15.50%.

In KeyCorp’s quarter-end financial report for September 29, it reported total debt of $10.81 billion. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. While analysts expected KeyCorp to report $0.57 quarterly earnings, the actual figure was $0.66 per share, beating the consensus estimate by 15.80%. The value of shareholders’ equity is $932.47 million.

Technical Picture

This quick technical analysis looks at KeyCorp’s (KEY) price momentum. With a historical volatility rate of 26.10%, the RSI 9-day stood at 26.06% on 12 May.

With respect to its five-day moving average, the current KeyCorp price is down by -6.32% percent or -$1.25. At present, KEY shares trade -9.96% below its 20-day simple moving average and -17.68% percent below its 100-day simple moving average. However, the stock is currently trading approximately -23.33% below its SMA50 and -5.41% below its SMA200.

Stochastic coefficient K was 8.41% and Stochastic coefficient D was 8.66%, while ATR was 0.68. Given the Stochastic reading of 14.90% for the 14-day period, the RSI (14) reading has been calculated as 29.40%. As of today, the MACD Oscillator reading stands at -0.66, while the 14-day reading stands at -0.88.

Analyst Ratings

KeyCorp downgraded its rating on KeyCorp (NYSE: KEY) to an Underweight in a note to investors on May 02, 2022. The analysts firm previously had a Neutral rating on the stock.KeyCorp (KEY) has been rated Hold by analysts. According to 3 brokerage firms, KEY is a sell, and 10 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate KeyCorp stock as buy, with 8 recommending it as overweight.

With a median target price of $26.00, the current consensus forecast for the stock is $20.50 – $32.00. Based on these forecasts, analysts predict KeyCorp (KEY) will achieve an average price target of $25.08.

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