Invesco Ltd (NYSE: IVZ) is -27.29% lower on its value in year-to-date trading and has touched a low of $12.35 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 $12.81 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $12.71, the stock is -15.70% and -24.02% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.66 million and changing -0.78% at the moment leaves the stock -25.02% off its SMA200. IVZ registered -23.11% loss for a year compared to 6-month loss of -27.25%. The firm has a 50-day simple moving average (SMA 50) of $16.729 and a 200-day simple moving average (SMA200) of $16.95075.
The stock witnessed a -18.68% gain in the last 1 month and extending the period to 3 months gives it a -28.39%, and is -16.22% 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 6.94% over the week and 3.87% over the month.
Invesco Ltd (IVZ) has around 8508 employees, a market worth around $5.69B and $6.01B in sales. Current P/E ratio is 10.74 and Fwd P/E is 6.31. Profit margin for the company is 8.95%. Distance from 52-week low is 2.96% and -34.99% from its 52-week high. The company has generated returns on investments over the last 12 months (2.44%).
with sales reaching $1.11B over the same period.The EPS is expected to grow by 5.86% this year, but quarterly earnings will post 4.17% year-over-year. Quarterly sales are estimated to grow 5.53% in year-over-year returns.
Invesco Ltd (IVZ) Top Institutional Holders
748.0 institutions hold shares in Invesco Ltd (IVZ), with institutional investors hold 94.06% of the company’s shares. The shares outstanding are 448.00M, and float is at 440.05M with Short Float at 2.35%. Institutions hold 93.41% 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 11.9011% 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 4.5904 of the shares totaling 20.91 million with a market value of $312.8 million.
Invesco Ltd (IVZ) Insider Activity
#####
