Invesco Ltd (NYSE: IVZ) is -2.86% lower on its value in year-to-date trading and has touched a low of $14.16 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 $16.78 in the last trading session, with the day’s gains setting it 0.55%.
Currently trading at $17.33, the stock is -3.33% and -3.02% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.59 million and changing 3.28% at the moment leaves the stock 5.32% off its SMA200. IVZ registered 1.46% gain for a year compared to 6-month gain of 13.19%. The firm has a 50-day simple moving average (SMA 50) of $17.8692 and a 200-day simple moving average (SMA200) of $16.4542.
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The stock witnessed a -0.46% loss in the last 1 month and extending the period to 3 months gives it a 1.17%, and is -3.94% 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 3.47% over the week and 2.44% over the month.
Invesco Ltd (IVZ) has around 8489 employees, a market worth around $8.04B and $5.90B in sales. Fwd P/E is 9.16. Profit margin for the company is -7.01%. Distance from 52-week low is 22.39% and -8.50% 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 11.03% this year, but quarterly earnings will post 2.08% year-over-year. Quarterly sales are estimated to grow 10.76% in year-over-year returns.
Invesco Ltd (IVZ) Top Institutional Holders
712.0 institutions hold shares in Invesco Ltd (IVZ), with institutional investors hold 91.93% of the company’s shares. The shares outstanding are 449.44M, and float is at 441.90M with Short Float at 2.11%. Institutions hold 90.41% 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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