The shares of KeyCorp (NYSE:KEY) has been pegged with a rating of Neutral by Nomura in its latest research note that was published on November 13th, 2018. Nomura wasn’t the only research firm that published a report of KeyCorp, with other equities research analysts also giving their opinion on the stock. Standpoint Research advised investors in its research note published on October 12th, 2018, to Buy the KEY stock. The stock had earned Buy rating from Argus when it published its report on June 26th, 2018. That day the Argus set price target on the stock to $24. The stock was given Positive rating by Susquehanna in its report released on April 24th, 2018. Deutsche Bank was of a view that KEY is Buy in its latest report on January 25th, 2018 while giving it a price target of $24. Barclays thinks that KEY is worth Underweight rating. This was contained in the firm’s report on January 2nd, 2018 in which the stock’s price target was also moved to $23.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 6 believe it has the potential for further growth, thus rating it as Hold while 10 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $22.17. The price of the stock the last time has raised by 3.82% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 32.46.
The shares of the company dipped by -1.95% during the trading session on Thursday, reaching a low of $16.69 while ending the day at $17.11. During the trading session, a total of 12.54 million shares were traded which represents a 0.33% incline from the average session volume which is 12.58M shares. KEY had ended its last session trading at 17.45. KeyCorp currently has a market cap of $17.73B, while its P/E ratio stands at 10.97, while its P/E earnings growth sits at 3.78, with a beta of 0.99. KeyCorp debt-to-equity ratio currently stands at 1.01, while its quick ratio hovers at . KEY 52-week low price stands at $16.48 while its 52-week high price is $22.40.
The company in its last quarterly report recorded $0.45 earnings per share which is below the $0.45 predicted by most analysts. The KeyCorp generated $1,602.00 million in revenue during the last quarter, which is slightly lower than the $1,637.25 million predicted by analysts. In the second quarter last year, the firm recorded $0.44 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 2.22%. KeyCorp has the potential to record 1.56 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Craig Hallum published a research note on October 26th, 2018 where it informed investors and clients that Cypress Semiconductor Corporation (NASDAQ:CY) is now rated as Buy. Their price target on the stock stands at $20. Standpoint Research also rated CY as Upgrade on October 12th, 2018, with its price target of $459 suggesting that CY could surge by 18.08% from its current share price. Even though the stock has been trading at $13.74/share, analysts expect it to surge higher by -2.69% to reach $16.32/share. It started the day trading at $13.49 and traded between $13.05 and $13.37 throughout the trading session.
A look at its technical shows that CY’s 50-day SMA is 13.51 while its 200-day SMA stands at 15.93. The stock has a high of $18.87 for the year while the low is $11.75. The company’s P/E ratio currently sits at 215.65, while the P/B ratio is 2.57. The company’s average trading volume currently stands at 5.83M shares, which means that the short-interest ratio is just 3.80 days. Over the past seven days, the company moved, with its shift of -4.23%. Looking further, the stock has dropped -17.77% over the past 90 days while it lost -20.84% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more CY shares, increasing its portfolio by +8.25% during the last quarter. This move now sees The Vanguard Group Inc purchasing 2,823,204 shares in the last quarter, thus it now holds 37,031,373 shares of CY, with a total valuation of $479,185,967. BlackRock Fund Advisors meanwhile bought more CY shares in the recently filed quarter, changing its stake to $393,719,609 worth of shares. Waddell Reed Investment Managem followed the path by decreasing its CY portfolio by -0.56% in the quarter. This means that Waddell Reed Investment Managem sold -121,184 shares in the last quarter and now controls 21,338,073 shares of the CY stock, with the valuation hitting $276,114,665.
Similarly, SSgA Funds Management Inc increased its Cypress Semiconductor Corporation shares by +2.31% during the recently filed quarter. After buying 217,059 shares in the last quarter, the firm now controls 9,614,498 shares of Cypress Semiconductor Corporation which are valued at $124,411,604. In the same vein, Columbia Management Investment Ad increased its Cypress Semiconductor Corporation shares by during the most recent reported quarter. The firm bought 1,604,445 shares during the quarter which increased its stakes to 7,976,610 shares and is now valued at $103,217,333. Following these latest developments, around 0.20% of Cypress Semiconductor Corporation stocks are owned by institutional investors and hedge funds.