The stock of Invesco Ltd. (NYSE: IVZ) has increased by 0.39 when compared to last closing price of 15.51. Despite this, the company has experienced a 0.78% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-09-13 that Invesco (IVZ) records a 2.7% decline in AUM from the prior month in August 2023.
Is It Worth Investing in Invesco Ltd. (NYSE: IVZ) Right Now?
Invesco Ltd. (NYSE: IVZ) has a price-to-earnings ratio of 11.12x that is above its average ratio. Additionally, the 36-month beta value for IVZ is 1.40. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 15 rating it as “hold,” and 0 rating it as “sell.”
The average price predicted by analysts for IVZ is $17.75, which is $2.14 above the current price. The public float for IVZ is 359.63M and currently, short sellers hold a 3.02% ratio of that float. The average trading volume of IVZ on September 18, 2023 was 3.84M shares.
IVZ’s Market Performance
IVZ stock saw an increase of 0.78% in the past week, with a monthly gain of 1.63% and a quarterly increase of -7.87%. The volatility ratio for the week is 2.68%, and the volatility levels for the last 30 days are 2.21% for Invesco Ltd. (IVZ). The simple moving average for the past 20 days is 0.83% for IVZ’s stock, with a -8.50% simple moving average for the past 200 days.
Analysts’ Opinion of IVZ
Many brokerage firms have already submitted their reports for IVZ stocks, with BMO Capital Markets repeating the rating for IVZ by listing it as a “Market Perform.” The predicted price for IVZ in the upcoming period, according to BMO Capital Markets is $21 based on the research report published on July 10, 2023 of the current year 2023.
IVZ Trading at -4.86% 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 -24.27% of loss for the given period.
Volatility was left at 2.21%, however, over the last 30 days, the volatility rate increased by 2.68%, as shares surge +1.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.37% lower at present.
During the last 5 trading sessions, IVZ rose by +0.78%, which changed the moving average for the period of 200-days by -16.69% in comparison to the 20-day moving average, which settled at $15.45. In addition, Invesco Ltd. saw -13.45% 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 Invesco Realty, Inc., who purchase 2,800,000 shares at the price of $25.00 back on Sep 05. After this action, Invesco Realty, Inc. now owns 853,400 shares of Invesco Ltd., valued at $70,000,000 using the latest closing price.
FLANAGAN MARTIN L, the President & CEO of Invesco Ltd., sale 232,413 shares at $17.43 during a trade that took place back on Mar 01, which means that FLANAGAN MARTIN L is holding 452,584 shares at $4,050,959 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 5.70, with 2.20 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 2.42, 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.
In conclusion, Invesco Ltd. (IVZ) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as 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.