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.
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.
