KeyCorp (NYSE:KEY) has a mean price target of $13.850 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.280 a share for the very next quarter and $1.060 for this year.
The technical study of KeyCorp Common Stock demonstrates that the 50-day moving average of KeyCorp (NYSE:KEY) stock is $12.042, and is trading $0.213 points away or +1.765% from 50-day moving average of $12.042. It is trading $0.505 or +4.297% away 200-day moving average of $11.750.
The 52-week high of KeyCorp (NYSE:KEY) was $14.010 while $9.880 is the low mark in the same period. It state KeyCorp Common Stock share price has to surge more than $-1.755 to hit 52-week high or drop +24.038% to make a 52-week mark. MA here hints at moving average.
Taking the valuation part to reach the estimation of KeyCorp Common Stock, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. KeyCorp (NYSE:KEY) ratio came in at 12.673, after dividing current equity price by yearly earnings. KeyCorp Common Stock stock recorded a close of $12.255 in last trading session, registering a market cap of $13.26B.
The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.
Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. KeyCorp (NYSE:KEY) PEG ratio is at 1.220.
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