Invesco Ltd (NYSE: IVZ) is -20.31% lower on its value in year-to-date trading and has touched a low of $11.60 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 $14.07 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $13.93, the stock is 2.88% and -8.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.26 million and changing -1.00% at the moment leaves the stock -17.21% off its SMA200. IVZ registered -4.46% loss for a year compared to 6-month loss of -22.78%. The firm has a 50-day simple moving average (SMA 50) of $15.257 and a 200-day simple moving average (SMA200) of $16.8256.
The stock witnessed a -11.22% gain in the last 1 month and extending the period to 3 months gives it a -20.99%, and is 8.83% 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 4.47% over the week and 5.89% over the month.
Invesco Ltd (IVZ) has around 8508 employees, a market worth around $6.24B and $6.06B in sales. Current P/E ratio is 11.16 and Fwd P/E is 7.69. Profit margin for the company is 9.37%. Distance from 52-week low is 20.09% and -28.75% from its 52-week high. The company has generated returns on investments over the last 12 months (2.39%).
with sales reaching $1.09B over the same period.The EPS is expected to shrink by -2.25% this year, but quarterly earnings will post 0.35% year-over-year. Quarterly sales are estimated to grow 0.18% in year-over-year returns.
Invesco Ltd (IVZ) Top Institutional Holders
746.0 institutions hold shares in Invesco Ltd (IVZ), with institutional investors hold 94.36% of the company’s shares. The shares outstanding are 447.60M, and float is at 444.35M with Short Float at 2.55%. Institutions hold 93.70% 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 10.9502 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
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