Keyera (TSE:KEY) Stock Passes Above Two Hundred Day Moving Average - Time to Sell?

Key Points

• Technical breakout: Keyera shares crossed above their 200-day moving average (200‑DMA C$46.98) and last traded at C$49.99 after touching C$50.55 on volume of 707,275 shares.
• Analyst consensus: The stock carries an average rating of "Moderate Buy" with an average price target of C$53.55 (analyst targets recently ranged roughly C$46–C$58 and include 1 Strong Buy, 7 Buy, 4 Hold).
• Dividends and balance-sheet signal: Keyera pays a C$2.16 annualized dividend (4.3% yield) but has a payout ratio of 112.17% and a very high debt-to-equity of 227.74, suggesting potential sustainability risk despite steady earnings and a C$11.46B market cap.

Keyera Corp. (TSE:KEY - Get Free Report) shares crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$46.98 and traded as high as C$50.55. Keyera shares last traded at C$49.99, with a volume of 707,275 shares.

Analyst Ratings Changes

Several research firms recently issued reports on KEY. Barclays increased their target price on Keyera from C$48.00 to C$53.00 and gave the stock an "equal weight" rating in a research note on Thursday, April 9th. TD Securities increased their target price on Keyera from C$52.00 to C$56.00 and gave the stock a "buy" rating in a research note on Friday, February 13th. National Bank Financial decreased their target price on Keyera from C$48.00 to C$46.00 and set a "sector perform" rating on the stock in a research note on Tuesday, January 20th. Citigroup upped their price target on Keyera from C$51.00 to C$58.00 and gave the stock a "buy" rating in a report on Monday, February 23rd. Finally, BMO Capital Markets cut their price target on Keyera from C$54.00 to C$51.00 and set an "outperform" rating on the stock in a report on Friday, January 9th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Keyera has an average rating of "Moderate Buy" and an average price target of C$53.55.

Keyera Trading Down 0.2%

The company has a fifty day simple moving average of C$52.24 and a two-hundred day simple moving average of C$46.98. The company has a current ratio of 1.76, a quick ratio of 0.57 and a debt-to-equity ratio of 227.74. The company has a market cap of C$11.46 billion, a PE ratio of 26.45, a P/E/G ratio of 1.35 and a beta of 0.52.

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

Keyera Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.54 per share. The ex-dividend date was Monday, March 16th. This represents a $2.16 annualized dividend and a yield of 4.3%. Keyera's dividend 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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