As of Friday close, Invesco Ltd.’s (NYSE:IVZ) stock was down -$0.14, moving down -0.96 percent to $14.49. The average number of shares traded per day over the past five days has been 3,957,240 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.08 fall in that time frame. In the last twenty days, the average volume was 3,934,785, while in the previous 50 days, it was 3,919,262.
Since last month, IVZ stock retreated -5.48%. Shares of the company fell to $14.38 on 09/22/23, the lowest level in the past month. A 52-week high of $20.56 was reached on 02/02/23 after having rallying from a 52-week low of $13.20. Since the beginning of this year, IVZ’s stock price has dropped by -19.46% or -$3.50, and marked a new high 7 times. However, the stock has declined by -29.52% since its 52-week high.
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IVZ stock investors should be aware that Invesco Ltd. (IVZ) stock had its last reported insider trading activity 18 days ago on Sep 05. Invesco Realty, Inc., the 10% Owner of the company, purchased of 2,800,000 shares for $25.00 on Sep 05. It resulted in a $70,000,000 investment by the insider. FLANAGAN MARTIN L sold 232,413 shares at an average price of $17.43 on Mar 01. The insider now owns 452,584 shares following the transaction. On Jan 30, 10% Owner TRIAN FUND MANAGEMENT, L.P. sold 786,378 shares at $18.11 apiece. The transaction was valued at $14,242,800.
Valuation Metrics
Right now, Invesco Ltd. (IVZ) has a P/E ratio of about 10.35. The stock’s beta is 1.40. Besides these, the trailing price-to-sales (P/S) ratio of 1.13, the price-to-book (PB) ratio of 0.59, and the price-to-cash flow ratio of 6.69 may also be considered.
The latest dividend of $0.20 per share was paid out, remained unchanged from last year’s $0.20. On Tuesday April 25 2023, a $0.0120 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.74, and the total debt-to-equity ratio was 0.74. On the profitability front, the trailing twelve-month gross margin is 68.40% percent. In the year ended June 29, operating margins totaled 17.50%. Based on annual data, IVZ earned $1.32 billion in gross profit and brought in $6.05 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 5.20%. Return on equity (ROE) for the past 12 months was 5.70%.
In Invesco Ltd.’s quarter-end financial report for June 29, it reported total debt of $1.49 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. IVZ’s revenue fell -7.4% to $1.43 billion during the quarter, while net income inched up to $1.45 billion. While analysts expected Invesco Ltd. to report $0.39 quarterly earnings, the actual figure was $0.31 per share, beating the consensus estimate by -20.50%. During the quarter, the company generated $251.2 million in EBITDA. The value of shareholders’ equity is $448.62 million.
Technical Picture
This quick technical analysis looks at Invesco Ltd.’s (IVZ) price momentum. With a historical volatility rate of 21.35%, the RSI 9-day stood at 25.52% on 22 September.
With respect to its five-day moving average, the current Invesco Ltd. price is down by -6.94% percent or -$1.08. At present, IVZ shares trade -4.23% below its 20-day simple moving average and -13.65% percent below its 100-day simple moving average. However, the stock is currently trading approximately -20.95% below its SMA50 and -22.05% below its SMA200.
Stochastic coefficient K was 5.90% and Stochastic coefficient D was 12.45%, while ATR was 0.39. Given the Stochastic reading of 6.87% for the 14-day period, the RSI (14) reading has been calculated as 31.49%. As of today, the MACD Oscillator reading stands at -0.46, while the 14-day reading stands at -0.57.
Analyst Ratings
Invesco Ltd. (IVZ) has been rated Hold by analysts. According to 0 brokerage firms, IVZ is a sell, and 15 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Invesco Ltd. stock as buy, with 2 recommending it as overweight.
With a median target price of $17.00, the current consensus forecast for the stock is $15.75 – $21.00. Based on these forecasts, analysts predict Invesco Ltd. (IVZ) will achieve an average price target of $17.52.
