Home Sectors Financial Services Up or Down: KeyCorp (NYSE: KEY)

Up or Down: KeyCorp (NYSE: KEY)


KeyCorp trades as part of the financial services sector and trades as part of the banking industry. The company CEO is Beth E. Mooney. KeyCorp is present in the financial service domain. Its core revenue is derived from the provision of retail and commercial banking, investment management and consumer finance services.

Previous Intraday Trading Performance:

The KEY stock showed a previous change of -0.59% with an open at 16.98 and a close of 16.97. It reached an intraday high of 17.03 and a low of 16.72.

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The stock has a market cap of $17.3b with 1.0b shares outstanding, of which the float is 1.0b shares. Trading volume reached 17,491,816 shares compared to its average volume of 13,345,226 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, KeyCorp shares returned 2.23% and in the past 30 trading days it returned 16.07%. Over three months, it changed -2.05%. In one year it has changed -19.91% and within that year its 52-week high was 22.40 and its 52-week low was 13.66. KEY stock is 24.28% above its 52 Week Low.

Our calculations show a 200 day moving average of 18.84 and a 50 day moving average of 16.25. Currently KEY stock is trading -9.93% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

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The last annual fiscal EPS for the company was reported at 1.75 that ended on 31st of December 2018, which according to the previous close, that is a PE of 9.87. Based on 11 analyst estimates, the consensus EPS for the next quarter is 0.47. The TTM EPS is 1.75, which comes to a TTM PE of 9.70. Historically, the PE high was 25.40 and the PE low was 9.50. If the stock reached its PE low, that would represent a price of 16.62, which is a decrease of -2.06%.

The following are the last four quarter reported earnings per share:
12-31-2018:  0.48
09-30-2018:  0.45
06-30-2018:  0.44
03-31-2018:  0.38

The dividend per share is currently 0.68, which is a dividend yield of 4.01%. Also, the payout ratio is 38.86%, therefore the dividend is safe according to our calculations. KEY stock has a high dividend yield, but because the company has sufficient earnings to cover future dividends, it may be a good investment opportunity for an income portfolio.

Base on our calculations, the intrinsic value per share is 17.90, which means it is possibly undervalued and has a margin of safety of 5.19%

Indicators to Watch:

Based on the latest filings, there is 126.50% of institutional ownership. Short-interest is 12,291,968, which is 1.21% of shares outstanding. The short-interest ratio or days-to-cover ratio is 1.08. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.21

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 13.07%, return on assets is 1.33%, profit margin is 25.90%, price-to-sales is 2.41 and price-to-book is 1.22.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 4  :Past Performance Score
 6  :Financial Strength Score
 1  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.