Invesco Ltd. (NYSE:IVZ) went down by -0.23% from its latest closing price compared to the recent 1-year high of $29.71. The company’s stock price has collected -8.11% of loss in the last five trading sessions. The Wall Street Journal reported on 04/27/22 that Invesco Launches Electric-Vehicle Metals ETF Amid Price Surge
Is It Worth Investing in Invesco Ltd. (NYSE :IVZ) Right Now?
Invesco Ltd. (NYSE:IVZ) scored a price-to-earnings ratio above its average ratio, recording 6.21 x from its present earnings ratio. Plus, the 36-month beta value for IVZ is at 1.25. Opinions of the stock are interesting as 5 analysts out of 15 who provided ratings for Invesco Ltd. declared the stock was a “buy,” while 2 rated the stock as “overweight,” 8 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $22.96, which is $5.47 above the current price. IVZ currently public float of 368.83M and currently shorts hold a 2.51% ratio of that float. Today, the average trading volume of IVZ was 4.99M shares.
IVZ’s Market Performance
IVZ stocks went down by -8.11% for the week, with a monthly drop of -18.23% and a quarterly performance of -23.47%, while its annual performance rate touched -35.18%. The volatility ratio for the week stands at 4.70% while the volatility levels for the past 30 days are set at 3.86% for Invesco Ltd.. The simple moving average for the period of the last 20 days is -11.83% for IVZ stocks with a simple moving average of -24.10% for the last 200 days.
Analysts’ Opinion of IVZ
Many brokerage firms have already submitted their reports for IVZ stocks, with Keefe Bruyette repeating the rating for IVZ by listing it as a “Mkt Perform.” The predicted price for IVZ in the upcoming period, according to Keefe Bruyette is $25 based on the research report published on April 12th of the current year 2022.
Morgan Stanley, on the other hand, stated in their research note that they expect to see IVZ reach a price target of $27, previously predicting the price at $29. The rating they have provided for IVZ stocks is “Equal-Weight” according to the report published on January 26th, 2022.
Evercore ISI gave a rating of “In-line” to IVZ, setting the target price at $25 in the report published on January 26th of the current year.
IVZ Trading at -14.91% 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 -40.53% of loss for the given period.
Volatility was left at 3.86%, however, over the last 30 days, the volatility rate increased by 4.70%, as shares sank -17.74% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -16.81% lower at present.
During the last 5 trading sessions, IVZ fell by -8.11%, which changed the moving average for the period of 200-days by -29.52% in comparison to the 20-day moving average, which settled at $19.85. In addition, Invesco Ltd. saw -23.24% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at IVZ starting from TRIAN FUND MANAGEMENT, L.P., who purchase 250,062 shares at the price of $23.46 back on Apr 04. After this action, TRIAN FUND MANAGEMENT, L.P. now owns 55,745,000 shares of Invesco Ltd., valued at $5,866,630 using the latest closing price.
TRIAN FUND MANAGEMENT, L.P., the 10% Owner of Invesco Ltd., purchase 1,474,538 shares at $23.13 during a trade that took place back on Apr 01, which means that TRIAN FUND MANAGEMENT, L.P. is holding 55,494,938 shares at $34,112,699 based on the most recent closing price.
Stock Fundamentals for IVZ
Current profitability levels for the company are sitting at:
- +27.76 for the present operating margin
- +66.41 for the gross margin
The net margin for Invesco Ltd. stands at +23.25. Equity return is now at value 11.80, with 4.10 for asset returns.