Invesco Ltd (NYSE: IVZ) is -1.18% lower on its value in year-to-date trading and has touched a low of $12.48 and a high of $18.79 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IVZ stock was last observed hovering at around $17.62 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $17.63, the stock is -0.74% and 2.80% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.47 million and changing 0.06% at the moment leaves the stock 9.59% off its SMA200. IVZ registered 40.03% gain for a year compared to 6-month gain of 20.18%. The firm has a 50-day simple moving average (SMA 50) of $17.149 and a 200-day simple moving average (SMA200) of $16.08755.
The stock witnessed a -0.62% loss in the last 1 month and extending the period to 3 months gives it a 3.71%, and is -5.37% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.29% over the week and 2.55% over the month.
Invesco Ltd (IVZ) has around 8489 employees, a market worth around $7.93B and $5.89B in sales. Fwd P/E is 9.33. Profit margin for the company is -7.02%. Distance from 52-week low is 41.27% and -6.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.86%).
with sales reaching $1.16B over the same period.The EPS is expected to grow by 10.80% this year, but quarterly earnings will post 2.20% year-over-year. Quarterly sales are estimated to grow 11.00% in year-over-year returns.
Invesco Ltd (IVZ) Top Institutional Holders
693.0 institutions hold shares in Invesco Ltd (IVZ), with institutional investors hold 90.69% of the company’s shares. The shares outstanding are 449.50M, and float is at 442.43M with Short Float at 1.97%. Institutions hold 89.19% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 54.21 million shares valued at $810.97 million. The investor’s holdings represent 11.8763% of the IVZ Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 49.88 million shares valued at $746.18 million to account for 10.9274 of the shares outstanding. The other top investors are TRIAN FUND MANAGEMENT, L.P. which holds 27.22 million shares representing 5.9642% and valued at over $407.27 million, while STATE STREET CORP holds 4.5808 of the shares totaling 20.91 million with a market value of $312.8 million.
Invesco Ltd (IVZ) Insider Activity
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