Invesco Ltd. (NYSE: IVZ) has a higher price-to-earnings ratio of 11.55x compared to its average ratio,, and the 36-month beta value for IVZ is at 1.34. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 15 as “hold,” and 0 as “sell.”
The public float for IVZ is 367.07M, and currently, shorts hold a 3.36% of that float. The average trading volume for IVZ on April 21, 2023 was 5.30M shares.
IVZ) stock’s latest price update
The stock of Invesco Ltd. (NYSE: IVZ) has decreased by -1.55 when compared to last closing price of 17.47.Despite this, the company has seen a gain of 3.43% in its stock price over the last five trading days. The Wall Street Journal reported on 04/27/22 that Invesco Launches Electric-Vehicle Metals ETF Amid Price Surge
IVZ’s Market Performance
IVZ’s stock has risen by 3.43% in the past week, with a monthly rise of 7.37% and a quarterly drop of -7.43%. The volatility ratio for the week is 2.25% while the volatility levels for the last 30 days are 2.81% for Invesco Ltd. The simple moving average for the last 20 days is 6.62% for IVZ’s stock, with a simple moving average of -0.12% for the last 200 days.
Analysts’ Opinion of IVZ
Many brokerage firms have already submitted their reports for IVZ stocks, with Credit Suisse repeating the rating for IVZ by listing it as a “Neutral.” The predicted price for IVZ in the upcoming period, according to Credit Suisse is $15 based on the research report published on March 29th of the current year 2023.
UBS, on the other hand, stated in their research note that they expect to see IVZ reach a price target of $20, previously predicting the price at $19. The rating they have provided for IVZ stocks is “Neutral” according to the report published on January 10th, 2023.
Wells Fargo gave a rating of “Overweight” to IVZ, setting the target price at $22 in the report published on December 15th of the previous year.
IVZ Trading at 1.39% from the 50-Day Moving Average
After a stumble in the market that brought IVZ to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -22.17% of loss for the given period.
Volatility was left at 2.81%, however, over the last 30 days, the volatility rate increased by 2.25%, as shares surge +11.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.29% lower at present.
During the last 5 trading sessions, IVZ rose by +3.43%, which changed the moving average for the period of 200-days by +4.94% in comparison to the 20-day moving average, which settled at $16.22. In addition, Invesco Ltd. saw -4.39% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at IVZ starting from FLANAGAN MARTIN L, who sale 232,413 shares at the price of $17.43 back on Mar 01. After this action, FLANAGAN MARTIN L now owns 452,584 shares of Invesco Ltd., valued at $4,050,959 using the latest closing price.
TRIAN FUND MANAGEMENT, L.P., the 10% Owner of Invesco Ltd., sale 786,378 shares at $18.11 during a trade that took place back on Jan 30, which means that TRIAN FUND MANAGEMENT, L.P. is holding 45,419,188 shares at $14,242,800 based on the most recent closing price.
Stock Fundamentals for IVZ
Current profitability levels for the company are sitting at:
- +18.91 for the present operating margin
- +64.85 for the gross margin
The net margin for Invesco Ltd. stands at +15.55. The total capital return value is set at 4.32, while invested capital returns managed to touch 3.77. Equity return is now at value 6.10, with 2.30 for asset returns.
Based on Invesco Ltd. (IVZ), the company’s capital structure generated 56.25 points at debt to equity in total, while total debt to capital is 36.00. Total debt to assets is 28.76, with long-term debt to equity ratio resting at 75.73. Finally, the long-term debt to capital ratio is 35.69.
When we switch over and look at the enterprise to sales, we see a ratio of 2.54, with the company’s debt to enterprise value settled at 0.41. The receivables turnover for the company is 7.05 and the total asset turnover is 0.19.
Conclusion
In conclusion, Invesco Ltd. (IVZ) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.