Invesco Ltd (NYSE: IVZ) is -11.67% 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 $15.32 in the last trading session, with the day’s gains setting it 0.12%.
Currently trading at $15.44, the stock is 7.40% and 6.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.29 million and changing 0.78% at the moment leaves the stock -7.47% off its SMA200. IVZ registered -3.56% loss for a year compared to 6-month loss of -13.21%.
The stock witnessed a 22.15% gain in the last 1 month and extending the period to 3 months gives it a -16.54%, and is 4.11% 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 1.56% over the week and 2.74% over the month.
Invesco Ltd (IVZ) has around 8508 employees, a market worth around $6.91B and $6.11B in sales. Current P/E ratio is 12.37 and Fwd P/E is 8.51. Profit margin for the company is 9.30%. Distance from 52-week low is 33.10% and -21.02% 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 -1.82% this year.
Invesco Ltd (IVZ) Top Institutional Holders
The shares outstanding are 447.56M, and float is at 444.06M with Short Float at 3.24%.
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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