Invesco Ltd (NYSE: IVZ) is -0.56% lower on its value in year-to-date trading and has touched a low of $13.40 and a high of $18.94 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 $17.65 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $17.74, the stock is -0.85% and 1.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.48 million and changing 0.51% at the moment leaves the stock 9.65% off its SMA200. IVZ registered 29.49% gain for a year compared to 6-month gain of 10.25%. The firm has a 50-day simple moving average (SMA 50) of $17.4458 and a 200-day simple moving average (SMA200) of $16.1785.
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The stock witnessed a -2.37% loss in the last 1 month and extending the period to 3 months gives it a 5.22%, and is -2.95% 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 2.15% over the week and 2.55% over the month.
Invesco Ltd (IVZ) has around 8489 employees, a market worth around $7.97B and $5.90B in sales. Fwd P/E is 9.41. Profit margin for the company is -7.01%. Distance from 52-week low is 32.39% and -6.34% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.86%).
The EPS is expected to grow by 10.84% this year
709.0 institutions hold shares in Invesco Ltd (IVZ), with institutional investors hold 90.55% of the company’s shares. The shares outstanding are 449.50M, and float is at 441.87M with Short Float at 1.94%. Institutions hold 89.05% 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.
