Invesco Ltd (NYSE: IVZ) is 0.57% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The IVZ stock was last observed hovering at around $17.42 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $17.58, the stock is 1.68% and -0.26% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.43 million and changing 0.92% at the moment leaves the stock 6.01% off its SMA200. IVZ registered 1.09% gain for a year compared to 6-month loss of 4.64%. The firm has a 50-day simple moving average (SMA 50) of $17.6396 and a 200-day simple moving average (SMA200) of $16.57875.
The stock witnessed a 4.77% gain in the last 1 month and extending the period to 3 months gives it a -2.44%, and is 3.11% up 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 1.89% over the week and 2.36% over the month.
Invesco Ltd (IVZ) has around 8489 employees, a market worth around $7.90B and $5.90B in sales. Fwd P/E is 9.59. Profit margin for the company is -7.01%. Distance from 52-week low is 24.15% and -7.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.86%).
with sales reaching $1.15B over the same period.The EPS is expected to grow by 10.40% this year, but quarterly earnings will post 1.99% year-over-year. Quarterly sales are estimated to grow 10.04% in year-over-year returns.
710.0 institutions hold shares in Invesco Ltd (IVZ), with institutional investors hold 92.06% of the company’s shares. The shares outstanding are 449.44M, and float is at 441.89M 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.
