Invesco Ltd (NYSE: IVZ) is -6.41% 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 $17.12 in the last trading session, with the day’s loss setting it -0.76%.
Currently trading at $16.36, the stock is -6.75% and -7.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.8 million and changing -4.44% at the moment leaves the stock -1.21% off its SMA200. IVZ registered -7.88% loss for a year compared to 6-month gain of 2.31%. The firm has a 50-day simple moving average (SMA 50) of $17.7544 and a 200-day simple moving average (SMA200) of $16.55985.
The stock witnessed a -10.89% loss in the last 1 month and extending the period to 3 months gives it a -7.93%, and is -7.31% 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 2.82% over the week and 2.59% over the month.
Invesco Ltd (IVZ) has around 8489 employees, a market worth around $7.35B and $5.90B in sales. Fwd P/E is 8.65. Profit margin for the company is -7.01%. Distance from 52-week low is 15.54% and -13.62% 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 11.19% this year, but quarterly earnings will post 2.05% year-over-year. Quarterly sales are estimated to grow 10.61% in year-over-year returns.
Invesco Ltd (IVZ) Top Institutional Holders
710.0 institutions hold shares in Invesco Ltd (IVZ), with institutional investors hold 92.05% of the company’s shares. The shares outstanding are 449.44M, and float is at 441.90M with Short Float at 2.23%. Institutions hold 90.53% 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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