Invesco Ltd (NYSE: IVZ) is -16.59% 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 $14.64 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $14.58, the stock is -0.72% and 1.10% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.97 million and changing -0.41% at the moment leaves the stock -12.49% off its SMA200. IVZ registered -8.99% loss for a year compared to 6-month loss of -16.54%. The firm has a 50-day simple moving average (SMA 50) of $14.421 and a 200-day simple moving average (SMA200) of $16.66035.
The stock witnessed a 7.92% gain in the last 1 month and extending the period to 3 months gives it a -16.59%, and is -4.83% 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 1.40% over the week and 1.86% over the month.
Invesco Ltd (IVZ) has around 8508 employees, a market worth around $6.53B and $6.11B in sales. Current P/E ratio is 11.68 and Fwd P/E is 8.04. Profit margin for the company is 9.30%. Distance from 52-week low is 25.69% and -25.42% 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
742.0 institutions hold shares in Invesco Ltd (IVZ), with institutional investors hold 95.41% of the company’s shares. The shares outstanding are 447.56M, and float is at 444.00M with Short Float at 3.25%. Institutions hold 94.72% 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.
