Keyera (TSE:KEY) Share Price Passes Above 200 Day Moving Average - Should You Sell?

Key Points

• Technical breakout: Keyera shares crossed above their 200‑day moving average (200‑day MA C$45.27), trading as high as C$53.44 and last at C$53.00.
• Analyst sentiment: The consensus rating is "Moderate Buy" (1 Strong Buy, 7 Buy, 3 Hold) with an average price target of C$52.45, though several firms have raised targets into the mid‑C$50s.
• Dividend and leverage risk: The stock yields about 4.1% (C$2.16 annualized) but has a payout ratio of 112% and a debt‑to‑equity of 227.74, suggesting the dividend and balance sheet warrant scrutiny.

Keyera Corp. (TSE:KEY - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$45.27 and traded as high as C$53.44. Keyera shares last traded at C$53.00, with a volume of 1,500,735 shares trading hands.

Analyst Upgrades and Downgrades

KEY has been the topic of several recent research reports. TD Securities lifted their price objective on shares of Keyera from C$52.00 to C$56.00 and gave the company a "buy" rating in a research report on Friday, February 13th. Barclays lifted their price target on Keyera from C$43.00 to C$48.00 in a report on Friday, February 13th. BMO Capital Markets lowered their target price on Keyera from C$54.00 to C$51.00 and set an "outperform" rating on the stock in a research report on Friday, January 9th. Citigroup boosted their price target on Keyera from C$51.00 to C$58.00 and gave the stock a "buy" rating in a research report on Monday, February 23rd. Finally, National Bank Financial reduced their price objective on shares of Keyera from C$48.00 to C$46.00 and set a "sector perform" rating for the company in a report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of C$52.45.

Keyera Stock Up 1.1%

The company has a debt-to-equity ratio of 227.74, a quick ratio of 0.57 and a current ratio of 1.76. The company has a market cap of C$12.15 billion, a P/E ratio of 28.04, a P/E/G ratio of 1.35 and a beta of 0.70. The stock has a 50 day moving average price of C$47.39 and a 200 day moving average price of C$45.27.

Keyera (TSE:KEY - Get Free Report) last released its earnings results on Thursday, February 12th. The company reported C$0.39 earnings per share (EPS) for the quarter. Keyera had a return on equity of 15.39% and a net margin of 6.34%.The firm had revenue of C$1.70 billion for the quarter. Research analysts expect that Keyera Corp. will post 2.2166667 earnings per share for the current fiscal year.

Keyera Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Wednesday, December 31st were given a $0.54 dividend. The ex-dividend date was Monday, December 15th. This represents a $2.16 annualized dividend and a yield of 4.1%. Keyera's payout ratio is 112.17%.

Keyera Company Profile

Keyera is a midstream energy business that operates primarily out of Alberta, Canada. Its primary lines of business consist of the gathering and processing of natural gas in western Canada, the storage, transportation, and liquids blending for NGLS and crude oil, and the marketing of NGLs, iso-octane, and crude oil. The firm currently has interests in about a dozen active gas plants and operates over 4,000 km of pipelines.

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