The shares of KeyCorp (NYSE:KEY) has been pegged with a rating of Neutral by Wedbush in its latest research note that was published on February 4th, 2019. Wedbush wasn’t the only research firm that published a report of KeyCorp, with other equities research analysts also giving their opinion on the stock. Sandler O’Neill advised investors in its research note published on January 11th, 2019, to Buy the KEY stock. The stock had earned Underweight rating from Barclays when it published its report on January 2nd, 2019. That day the Barclays set price target on the stock to $20. The stock was given Reduce rating by Nomura in its report released on December 10th, 2018. Nomura was of a view that KEY is Neutral in its latest report on November 13th, 2018. Standpoint Research thinks that KEY is worth Buy rating. This was contained in the firm’s report on October 12th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 7 believe it has the potential for further growth, thus rating it as Hold while 8 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $19.34. The price of the stock the last time has raised by 24.20% 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 48.58.
The shares of the company added by 1.13% during the trading session on Monday, reaching a low of $16.78 while ending the day at $16.96. During the trading session, a total of 15.71 million shares were traded which represents a -26.86% decline from the average session volume which is 12.38M shares. KEY had ended its last session trading at 16.77. KeyCorp currently has a market cap of $17.04B, while its P/E ratio stands at 9.96, while its P/E earnings growth sits at 3.49, with a beta of 1.21. KeyCorp debt-to-equity ratio currently stands at 0.97, while its quick ratio hovers at . KEY 52-week low price stands at $13.65 while its 52-week high price is $22.40.
The company in its last quarterly report recorded $0.48 earnings per share which is above the $0.47 predicted by most analysts. The KeyCorp generated $1,653.00 million in revenue during the last quarter, which is slightly higher than the $1,641.45 million predicted by analysts. In the second quarter last year, the firm recorded $0.45 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 6.25%. KeyCorp has the potential to record 1.70 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Longbow published a research note on January 30th, 2019 where it informed investors and clients that AK Steel Holding Corporation (NYSE:AKS) is now rated as Neutral. Sandler O’Neill also rated AKS as Upgrade on January 11th, 2019, with its price target of $25 suggesting that AKS could surge by 5.82% from its current share price. Even though the stock has been trading at $2.61/share, analysts expect it to surge higher by 5.36% to reach $2.92/share. It started the day trading at $2.77 and traded between $2.6 and $2.75 throughout the trading session.
A look at its technical shows that AKS’s 50-day SMA is 2.83 while its 200-day SMA stands at 3.87. The stock has a high of $5.63 for the year while the low is $2.05. The company’s P/E ratio currently sits at 4.77, while the P/B ratio is 8.33. The stock, however, witnessed a rise in its short on 2019-03-11. Compared to previous close which recorded 1,540,078 shorted shares, the short percent went up to 10.94 from 10.07, as 2,222,434 AKS shares were shorted. At the moment, only of AK Steel Holding Corporation shares were sold short. The company’s average trading volume currently stands at 11.01M shares, which means that the short-interest ratio is just 5.11 days. Over the past seven days, the company moved, with its shift of -8.64%. Looking further, the stock has dropped -6.78% over the past 90 days while it lost -34.99% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. BlackRock Fund Advisors sold more AKS shares, decreasing its portfolio by -0.26% during the last quarter. This move now sees BlackRock Fund Advisors selling -109,850 shares in the last quarter, thus it now holds 42,726,556 shares of AKS, with a total valuation of $126,043,340. The Vanguard Group Inc meanwhile bought more AKS shares in the recently filed quarter, changing its stake to $94,742,244 worth of shares. SSgA Funds Management Inc followed the path by increasing its AKS portfolio by +2.35% in the quarter. This means that SSgA Funds Management Inc bought 385,762 shares in the last quarter and now controls 16,790,792 shares of the AKS stock, with the valuation hitting $49,532,836.
Similarly, Dimensional Fund Advisors LP increased its AK Steel Holding Corporation shares by +5.22% during the recently filed quarter. After buying 368,190 shares in the last quarter, the firm now controls 7,423,378 shares of AK Steel Holding Corporation which are valued at $21,898,965. In the same vein, Merrill Lynch Pierce Fenner S increased its AK Steel Holding Corporation shares by during the most recent reported quarter. The firm bought 5,503,910 shares during the quarter which increased its stakes to 5,868,676 shares and is now valued at $17,312,594. Following these latest developments, around 1.00% of AK Steel Holding Corporation stocks are owned by institutional investors and hedge funds.