Invesco Ltd (IVZ) concluded trading on Wednesday at a closing price of $17.05, with 4.33 million shares of worth about $73.78 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 3.46% during that period and on January 15, 2025 the price saw a gain of about 2.83%. Currently the company’s common shares owned by public are about 449.44M shares, out of which, 441.90M shares are available for trading.
Stock saw a price change of -0.58% in past 5 days and over the past one month there was a price change of -7.29%. Year-to-date (YTD), IVZ shares are showing a performance of -2.46% which decreased to -1.33% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $14.16 but also hit the highest price of $18.94 during that period. The average intraday trading volume for Invesco Ltd shares is 3.37 million. The stock is currently trading -1.47% below its 20-day simple moving average (SMA20), while that difference is down -3.64% for SMA50 and it goes to 2.93% higher than SMA200.
Invesco Ltd (NYSE: IVZ) currently have 449.44M outstanding shares and institutions hold larger chunk of about 87.04% of that.
The stock has a current market capitalization of $7.66B and its 3Y-monthly beta is at 1.41. It has posted earnings per share of -$0.92 in the same period. It has a debt-to-equity ratio of 0.51. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for IVZ, volatility over the week remained 2.56% while standing at 2.61% over the month.
Analysts are in expectations that Invesco Ltd (IVZ) stock would likely to be making an EPS of 0.48 in the current quarter, while forecast for next quarter EPS is 0.42 and it is 1.89 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.44 which is 0.6 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.47 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 10.75% while it is estimated to increase by 11.60% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Wells Fargo on September 12, 2024 offering an Underweight rating for the stock and assigned a target price of $16 to it. Coverage by Barclays stated Invesco Ltd (IVZ) stock as an Equal weight in their note to investors on August 27, 2024, suggesting a price target of $18 for the stock. On January 04, 2024, TD Cowen Initiated their recommendations, while on December 14, 2023, Keefe Bruyette Upgrade their ratings for the stock with a price target of $20. Stock get a Market perform rating from BMO Capital Markets on July 10, 2023.
