Invesco Mortgage Capital Inc (NYSE: IVR) has experienced a decline in its stock price by -0.61 compared to its previous closing price of 9.08. However, the company has seen a gain of 0.28% in its stock price over the last five trading days. zacks.com reported 2024-07-30 that In the closing of the recent trading day, Invesco Mortgage Capital (IVR) stood at $9.15, denoting a +0.11% change from the preceding trading day.
Is It Worth Investing in Invesco Mortgage Capital Inc (NYSE: IVR) Right Now?
Company’s 36-month beta value is 1.88.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for IVR is 48.66M, and currently, short sellers hold a 10.56% ratio of that floaft. The average trading volume of IVR on August 01, 2024 was 1.01M shares.
IVR’s Market Performance
IVR’s stock has seen a 0.28% increase for the week, with a -3.89% drop in the past month and a 2.67% gain in the past quarter. The volatility ratio for the week is 1.73%, and the volatility levels for the past 30 days are at 2.17% for Invesco Mortgage Capital Inc The simple moving average for the past 20 days is -2.79% for IVR’s stock, with a 2.92% simple moving average for the past 200 days.
Analysts’ Opinion of IVR
Many brokerage firms have already submitted their reports for IVR stocks, with Janney repeating the rating for IVR by listing it as a “Buy.” The predicted price for IVR in the upcoming period, according to Janney is $10 based on the research report published on June 06, 2024 of the current year 2024.
UBS, on the other hand, stated in their research note that they expect to see IVR reach a price target of $8. The rating they have provided for IVR stocks is “Neutral” according to the report published on December 06th, 2023.
IVR Trading at -2.42% from the 50-Day Moving Average
After a stumble in the market that brought IVR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.48% of loss for the given period.
Volatility was left at 2.17%, however, over the last 30 days, the volatility rate increased by 1.73%, as shares sank -2.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.72% lower at present.
During the last 5 trading sessions, IVR rose by +1.28%, which changed the moving average for the period of 200-days by +9.95% in comparison to the 20-day moving average, which settled at $9.27. In addition, Invesco Mortgage Capital Inc saw 1.86% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for IVR
Current profitability levels for the company are sitting at:
- 4.38 for the present operating margin
- 1.95 for the gross margin
The net margin for Invesco Mortgage Capital Inc stands at -0.15. The total capital return value is set at 0.31. Equity return is now at value -0.99, with -0.15 for asset returns.
Based on Invesco Mortgage Capital Inc (IVR), the company’s capital structure generated 0.85 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 5.59. The interest coverage ratio of the stock is 1.02.
Currently, EBITDA for the company is 222.84 million with net debt to EBITDA at 17.13. When we switch over and look at the enterprise to sales, we see a ratio of 82.73. The receivables turnover for the company is 2.44for trailing twelve months and the total asset turnover is 0.01.
Conclusion
In a nutshell, Invesco Mortgage Capital Inc (IVR) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
