Invesco Ltd. (NYSE:IVZ) finished Tuesday with a subtraction of -$0.04 to close at $25.33, a downside of -0.16 percent. An average of 4,459,360 shares of common stock have been traded in the last five days. There was a gain of $0.73 in the past week. The last 20 days have seen an average of 4,992,805 shares traded, while the 50-day average volume stands at 4,334,800.
IVZ stock has increased by 2.38% in the last month. The company shares reached their 1-month lowest point of $23.44 on 09/21/21. With the stock rallying to its 52-week high on 06/07/21, shares of the company touched a low of $11.80 and a high of $29.71 in 52 weeks. In spite of this, the price is down -14.74% from the 52-week high.
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24 days have passed since Invesco Ltd. (IVZ) last reported insider trading activity. Lo Andrew Tak Shing, who is Senior Managing Director, most recently acquired $150,000 shares at $24.91 per share on Sep 13. In this transaction, the insider spent $3,736,500. Director, WOOD PHOEBE A, disposed of 8,824 shares at a price of $26.65 on May 12. The insider now owns more than $235,159 worth of shares. Prior to that, Senior Managing Director Lo Andrew Tak Shing went on to Sale 300,000 shares at $27.34 each on May 11. An amount of $8,202,000 was transacted.
Invesco Ltd. (IVZ) has a trailing price-to-earnings (P/E) ratio of 11.34, which compares with the 20.50 for the broader industry and 12.73 for the sector. This means investors are optimistic about the stock’s future prospects. In the last five years, Invesco Ltd.’s PE ratio has ranged between 22.81 and 5.512. The stock’s beta is 1.25. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1.76, the price-to-book (PB) ratio at 1.08, and the price-to-cash flow ratio at 11.66.
Invesco Ltd. pays a $0.68 dividend per share annually. It offers a dividend yield of 2.68%. The company has a payout ratio of 28.20%. The company’s most recent quarterly dividend payment was $0.09 a share, representing a down of -88.89 from $0.17 last year. Its dividend has been increased for the last 2 consecutive years with the latest decrease dividend $0.08 reported on Friday October 1 2021. Dividends have grown by -32.61% each year over the last three years.
Invesco Ltd. will next go ex-dividend on 12-Nov. The next dividend payment Invesco Ltd. will make is expected to be $0.17.
Further, the company has a long term debt to equity ratio of 0.81 and a total debt to equity ratio of 0.81 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 68.50% against a 5-year average of 71.3%. Its gross profit as reported stood at $920.4 million compared to revenue of $6.15 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Invesco Ltd.’s return on assets was 3.00%, compared to 2.6% over the last five years. In the past year, the return on investment has been 3.40%, and the 5-year average is 5.4%. Meanwhile, the return on equity (ROE) for the past 12 months has been 10.00% and the 5-year average holds at 9.2%. For the broader industry, ROE averaged 10.74 over the past year.
The analyst consensus anticipated Invesco Ltd.’s latest quarter earnings to come in at $0.6 per share, but it turned out to be $0.67, a 11.70% surprise. For the quarter, EBITDA amounted to $523.7 million. At the end of the quarter ending June 29, Invesco Ltd.’s stock balance sheet showed total debt was $2.08 billion. Shareholders own equity worth $461.39 million.
From a technical analysis perspective, let’s take a brief look at Invesco Ltd. (IVZ) price momentum. RSI 9-day as of the close on 05 October was 55.84%, suggesting the stock is Neutral, with historical volatility in this time frame at 38.21%.
As of today, IVZ’s price is $24.70 +2.97% or $0.73 from its 5-day moving average. IVZ is currently trading +3.22% higher than its 20-day SMA and -9.41% lower than its 100-day SMA. However, the stock’s current price level is +4.41% above the SMA50 and +45.16% above the SMA200.
The stochastic %K and %D were 41.60% and 33.12%, respectively, and the average true range (ATR) was 0.91. With the 14-day stochastic at 52.65% and the average true range at 0.89, the RSI (14) stands at 53.53%. The stock has reached 0.10 on the 9-day MACD Oscillator while the 14-day reading was at 0.18.
Citigroup upgraded Invesco Ltd. (NYSE: IVZ) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a a Neutral.The consensus rating for Invesco Ltd. (IVZ) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell IVZ, while 7 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 5 others rate it as a “buy”.
What is IVZ’s price target for the next 12 months?
Analysts predict a range of price targets between $26.00 and $40.00, with a median target of $31.00. Taking a look at these predictions, the average price target given by analysts for Invesco Ltd. (IVZ) stock is $30.64.