Invesco Ltd (IVZ) – key numbers that make it a Strong Buy For Now

Invesco Ltd (NYSE: IVZ) is -18.88% 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 $14.33 in the last trading session, with the day’s loss setting it -0.15%.

Currently trading at $14.18, the stock is 5.47% and -3.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.93 million and changing -1.05% at the moment leaves the stock -15.36% off its SMA200. IVZ registered -2.41% loss for a year compared to 6-month loss of -18.22%.

The stock witnessed a 10.69% gain in the last 1 month and extending the period to 3 months gives it a -22.89%, and is 1.58% 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 2.91% over the week and 5.23% over the month.

Invesco Ltd (IVZ) has around 8508 employees, a market worth around $6.35B and $6.11B in sales. Current P/E ratio is 11.36 and Fwd P/E is 7.83. Profit margin for the company is 9.30%. Distance from 52-week low is 22.24% and -27.47% from its 52-week high. The company has generated returns on investments over the last 12 months (2.51%).

The EPS is expected to shrink by -2.38% this year.

Invesco Ltd (IVZ) Top Institutional Holders

The shares outstanding are 447.56M, and float is at 444.07M with Short Float at 2.55%.

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.