Invesco Ltd (NYSE: IVZ) – Not A Clear Buying Opportunity?

Invesco Ltd (IVZ) concluded trading on Thursday at a closing price of $19.17, with 4.61 million shares of worth about $88.4 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 23.44% during that period and on February 06, 2025 the price saw a gain of about 2.35%. Currently the company’s common shares owned by public are about 448.00M shares, out of which, 441.98M shares are available for trading.

Stock saw a price change of -0.26% in past 5 days and over the past one month there was a price change of 10.17%. Year-to-date (YTD), IVZ shares are showing a performance of 9.67% which increased to 22.26% 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 $19.55 during that period. The average intraday trading volume for Invesco Ltd shares is 3.69 million. The stock is currently trading 7.43% above its 20-day simple moving average (SMA20), while that difference is up 7.56% for SMA50 and it goes to 14.57% higher than SMA200.

Invesco Ltd (NYSE: IVZ) currently have 448.00M outstanding shares and institutions hold larger chunk of about 86.76% of that.

The stock has a current market capitalization of $8.62B and its 3Y-monthly beta is at 1.39. PE ratio of stock for trailing 12 months is 16.21, while it has posted earnings per share of $1.18 in the same period. Its PEG reads 1.28 while making debt-to-equity ratio of 0.53. 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 2.22% while standing at 2.49% over the month.

Stock’s fiscal year EPS is expected to rise by 9.54% while it is estimated to increase by 11.12% in next year. EPS is likely to grow at an annualized rate of 12.65% for next 5-years, compared to annual growth of -1.69% made by the stock over the past 5-years.

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.

Most Popular

Related Posts