KeyCorp is 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 2.68% with an open at 16.80 and a close of 16.88. It reached an intraday high of 16.98 and a low of 16.49.
The stock has a market cap of $16.9b with 1.0b shares outstanding, of which the float is 993.5m shares. Trading volume reached 12,490,739 shares compared to its average volume of 14,799,728 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 2.12% and in the past 30 trading days it returned -2.14%. Over three months, it changed 4.51%. In one year it has changed -9.78% and within that year its 52-week high was 21.91 and its 52-week low was 13.66. KEY stock is 23.62% above its 52 Week Low.
Our calculations show a 200 day moving average of 18.05 and a 50 day moving average of 16.75. Currently KEY stock is trading -6.46% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.
The last annual fiscal EPS for the company was reported at 1.72 that ended on 31st of December 2018, which according to the previous close, that is a PE of 9.81. Based on 10 analyst estimates, the consensus EPS for the next quarter is 0.42. The TTM EPS is 1.75, which comes to a TTM PE of 9.65. 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 -1.55%.
The dividend per share is currently 0.68, which is a dividend yield of 4.03%. 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 25.37, which means it is possibly undervalued and has a margin of safety of 33.46%
Indicators to Watch:
Based on the latest filings, there is 0.80% of insider ownership and 133.20% of institutional ownership. Short-interest is 14,293,954, which is 1.43% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.91. 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 1.22
Based on last reported financials, the company’s return on equity is 12.79%, return on assets is 1.30%, profit margin is 26.27%, price-to-sales is 2.99 and price-to-book is 1.20.
All scores are out of six:
4 :Valuation Score
4 :Past Performance Score
6 :Financial Strength Score
0 :Future Growth Score
6 :Dividend Score
4 :Overall Score