A new trading day began on Monday, with Keycorp (NYSE: KEY) stock price up 2.99% from the previous day of trading, before settling in for the closing price of $17.04. KEY’s price has ranged from $9.77 to $17.94 over the past 52 weeks.
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Annual sales at Financial sector company grew by 7.70% over the past five years. Meanwhile, its annual earnings per share averaged -4.37%. With a float of $939.30 million, this company’s outstanding shares have now reached $943.20 million.
In terms of profitability, gross margin is 100.25%, operating margin of 21.9%, and the pretax margin is 1.65%.
Keycorp (KEY) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Regional Industry. The insider ownership of Keycorp is 0.41%, while institutional ownership is 82.60%. The most recent insider transaction that took place on Aug 29 ’24, was worth 719,692. In this transaction Chief Information Officer of this company sold 42,535 shares at a rate of $16.92, taking the stock ownership to the 82,648 shares. Before that another transaction happened on Aug 29 ’24, when Company’s Officer proposed sale 42,535 for $16.92, making the entire transaction worth $719,786.
Keycorp (KEY) Latest Financial update
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.25 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -4.37% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.36% during the next five years compared to -12.34% drop over the previous five years of trading.
Keycorp (NYSE: KEY) Trading Performance Indicators
Here are Keycorp’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.67. Likewise, its price to free cash flow for the trailing twelve months is 13.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.01, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 1.57 in one year’s time.
Technical Analysis of Keycorp (KEY)
Keycorp (NYSE: KEY) saw its 5-day average volume 8.2 million, a negative change from its year-to-date volume of 14.19 million. As of the previous 9 days, the stock’s Stochastic %D was 37.15%. Additionally, its Average True Range was 0.44.
During the past 100 days, Keycorp’s (KEY) raw stochastic average was set at 92.01%, which indicates a significant increase from 70.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.05% in the past 14 days, which was lower than the 32.62% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.74, while its 200-day Moving Average is $15.18. Nevertheless, the first resistance level for the watch stands at $17.74 in the near term. At $17.93, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.23. If the price goes on to break the first support level at $17.25, it is likely to go to the next support level at $16.95. The third support level lies at $16.76 if the price breaches the second support level.
Keycorp (NYSE: KEY) Key Stats
With a market capitalization of 16.55 billion, the company has a total of 942,860K Shares Outstanding. Currently, annual sales are 10,397 M while annual income is 967,000 K. The company’s previous quarter sales were 1,906 M while its latest quarter income was -410,000 K.
