Should you buy KeyCorp (KEY) shares on Friday?


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KeyCorp (KEY) receives a strong evaluation score of 68 from Investors Observer analysis. Our proprietary rating system takes into account the overall health of the business by examining the stock’s price, earnings and growth rate to determine if it represents good value. KEY is worth better than 68% of the shares at its current price. Investors who focus on long-term growth through buy and hold investments will find the valuation ranking particularly relevant when allocating their assets.

KEY has an evaluation ranking of 68 today. Find out what this means to you and get the rest of the leaderboard on KEY!

Metrics analysis

KEY has a 12-month price-to-earnings (PE) ratio of 8.6. The historical average of around 15 shows good value for KEY stocks, as investors pay stock prices below the company’s earnings. KEY’s low PE ratio shows that the company has recently traded below its fair market value. Its 12-month earnings per share (EPS) of 2.56 more than justifies the current share price. However, the leakage PE ratios do not take into account the company’s projected growth rate, so many newer companies have high PE ratios due to high growth potential attracting investors despite insufficient profits. KEY currently has a 12 month forward PEG to Growth Ratio of 0.61. The market is currently undervaluing KEY from its projected growth due to the below-fair-market PEG ratio of 1. KEY’s PEG is derived from its forward price / earnings ratio divided by its growth rate. Because PEG ratios include more of a company’s overall health fundamentals with an additional focus on the future, they are one of the valuation metrics most used by analysts.

Summary

KEY ‘has a strong valuation at its current price due to an undervalued PEG ratio despite strong growth. KEY’s PE and PEG are better than the market average, which leads to an above-average valuation score. Click here for the full KeyCorp (KEY) inventory report.

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