Invesco Ltd (NYSE: IVZ) is -22.71% 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 $13.49 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $13.51, the stock is -1.40% and -12.49% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.3 million and changing 0.15% at the moment leaves the stock -19.76% off its SMA200. IVZ registered -12.10% loss for a year compared to 6-month loss of -27.48%. The firm has a 50-day simple moving average (SMA 50) of $15.5414 and a 200-day simple moving average (SMA200) of $16.8436.
The stock witnessed a -14.82% gain in the last 1 month and extending the period to 3 months gives it a -22.45%, and is 3.29% 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 4.40% over the week and 5.83% over the month.
Invesco Ltd (IVZ) has around 8508 employees, a market worth around $6.04B and $6.01B in sales. Current P/E ratio is 11.42 and Fwd P/E is 7.42. Profit margin for the company is 8.95%. Distance from 52-week low is 16.47% and -30.90% from its 52-week high. The company has generated returns on investments over the last 12 months (2.44%).
with sales reaching $1.08B over the same period.The EPS is expected to shrink by -2.20% this year, but quarterly earnings will post -0.37% year-over-year. Quarterly sales are estimated to shrink -0.18% in year-over-year returns.
748.0 institutions hold shares in Invesco Ltd (IVZ), with institutional investors hold 94.34% of the company’s shares. The shares outstanding are 448.00M, and float is at 444.35M with Short Float at 1.82%. Institutions hold 93.69% 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.
