Quite a few analysts have already expected the stocks of NYSE KEY to post a quarterly sales sum of $1.73 billion for this quarter. Around three investment analysts have already provided definitive estimates into the earnings of the company. The ball has been rolled from a sum of $1.72 billion with the highest range coming at $1.75 billion. The company did post a sales sum of $1.71 billion the previous year, which does indicate an annual growth rate of 1.2%. The company will be posting its next quarterly earnings on the 20th of July.
The Quarterly Report Of NYSE KEY
NYSE KEY did previously announce their quarterly earnings on the 19th of April. The provider of financial services did post an EPS of $0.61 for the quarter, which was more than the consensus estimate of $0.48. The net margin of the company was 23.76%, with an 11.06% return on equity. The revenue generated by the company during this period was $1.75 billion, which is more than the consensus estimate of $1.68 billion.
There have been quite a few research equities that have commented on the stocks of NYSE KEY. Credit Suisse Group has also increased the price target of the company from $30 to $34 with a rating of outperform in a 13th May research report. The Royal Bank of Canada has also increased the price target of the company from $20 to $23 with a rating of outperform in a 21st April research report.
Morgan Stanley has also increased the price target of the company from $24 to $26 with a rating of equal weight in a 29th April research report. Zacks Investment Research has also increased the price rating of the company from hold to strong-buy with a price target of $25 in a 3rd May research report.
One of the investment analysts has already issued the company a rating of buy, while eight other investment analysts have issued the company a rating of hold. Seven other research analysts have given the company a rating of buy. Currently, NYSE KEY has a hold rating with a $24.90 price target.