Invesco Ltd (NYSE: IVZ) is -17.28% 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 $14.75 in the last trading session, with the day’s loss setting it -0.29%.
Currently trading at $14.46, the stock is -2.58% and 0.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.14 million and changing -1.97% at the moment leaves the stock -13.05% off its SMA200. IVZ registered -6.41% loss for a year compared to 6-month loss of -20.33%. The firm has a 50-day simple moving average (SMA 50) of $14.3464 and a 200-day simple moving average (SMA200) of $16.63085.
The stock witnessed a 3.80% gain in the last 1 month and extending the period to 3 months gives it a -16.85%, and is -0.82% 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 2.40% over the week and 2.10% over the month.
Invesco Ltd (IVZ) has around 8508 employees, a market worth around $6.47B and $6.11B in sales. Current P/E ratio is 11.58 and Fwd P/E is 7.97. Profit margin for the company is 9.30%. Distance from 52-week low is 24.66% and -26.04% 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
743.0 institutions hold shares in Invesco Ltd (IVZ), with institutional investors hold 94.87% of the company’s shares. The shares outstanding are 447.56M, and float is at 443.93M with Short Float at 3.30%. Institutions hold 94.18% 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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