Invesco Ltd (NYSE: IVZ) is -4.12% lower on its value in year-to-date trading and has touched a low of $14.16 and a high of $19.55 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 $17.39 in the last trading session, with the day’s loss setting it -0.63%.
Currently trading at $16.76, the stock is -7.34% and -5.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.95 million and changing -3.62% at the moment leaves the stock -1.29% off its SMA200. IVZ registered 9.61% gain for a year compared to 6-month gain of -1.24%.
The stock witnessed a -12.80% loss in the last 1 month and extending the period to 3 months gives it a -7.66%, and is -4.88% 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 3.16% over the week and 2.53% over the month.
Invesco Ltd (IVZ) has around 8489 employees, a market worth around $7.50B and $6.01B in sales. Current P/E ratio is 14.16 and Fwd P/E is 8.06. Profit margin for the company is 8.95%. Distance from 52-week low is 18.36% and -14.27% from its 52-week high. The company has generated returns on investments over the last 12 months (2.44%).
The EPS is expected to grow by 9.47% this year.
Invesco Ltd (IVZ) Top Institutional Holders
The shares outstanding are 448.00M, and float is at 439.95M with Short Float at 2.38%.
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 5.9767% 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
A total of 0 insider transactions have happened at Invesco Ltd (IVZ) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Invesco Ltd (IVZ): Who are the competitors?
The company’s main competitors (and peers) include Morgan Stanley (MS) that is trading 43.41% up over the past 12 months. BlackRock Inc. (BLK) that is 15.82% higher over the same period.
