Saturday, November 28, 2020

Invesco Ltd. [IVZ] Stock trading around $13.83 per share: What’s Next?

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Invesco Ltd. [NYSE: IVZ] gained 3.21% or 0.43 points to close at $13.83 with a heavy trading volume of 6789218 shares. The company report on October 13, 2020 that Invesco Launches New QQQ Innovation Suite in Partnership with Nasdaq.

New products offer all investors access to NASDAQ-100 Index and NASDAQ Next Generation 100 Index.


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Invesco Ltd. (NYSE: IVZ) today announced the launch of the Invesco QQQ Innovation Suite, which offers investors access to the NASDAQ-100® Index and NASDAQ Next Generation 100 Index® through a variety of investment structures and exposures. The Invesco QQQ Innovation Suite represents the next step in the continued democratization of investing. It advances the growing concept that innovation in investing continues to drive benefits to the end investor, not just through direct cost-savings, but in the personalization of the investment model. The Invesco QQQ Innovation Suite meets all clients’ implementation preferences, providing every type of investor a simple way to invest in ingenuity and innovation.

It opened the trading session at $13.57, the shares rose to $13.91 and dropped to $13.40, the range by which the price of stock traded the whole day. The daily chart for IVZ points out that the company has recorded 54.35% gains over the past six months. However, it is still -116.77% lower than its most recent low trading price.

If we look at the average trading volume of 6.53M shares, IVZ reached to a volume of 6789218 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Invesco Ltd. [IVZ]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IVZ shares is $10.53 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on IVZ stock is a recommendation set at 3.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Citigroup have made an estimate for Invesco Ltd. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 12, 2020. While these analysts kept the previous recommendation, UBS dropped their target price from $8 to $11. The new note on the price target was released on September 17, 2020, representing the official price target for Invesco Ltd. stock. Previously, the target price had yet another raise to $11, while Barclays analysts kept a Underweight rating on IVZ stock.

The Average True Range (ATR) for Invesco Ltd. is set at 0.52, with the Price to Sales ratio for IVZ stock in the period of the last 12 months amounting to 0.97. The Price to Book ratio for the last quarter was 0.66, with the Price to Cash per share for the same quarter was set at 2.18. Price to Free Cash Flow for IVZ in the course of the last twelve months was 13.46.

Trading performance analysis for IVZ stock

Invesco Ltd. [IVZ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 16.71. With this latest performance, IVZ shares gained by 29.49% in over the last four-week period, additionally plugging by 54.35% over the last 6 months – not to mention a drop of -11.97% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for IVZ stock in for the last two-week period is set at 78.42, with the RSI for the last a single of trading hit 86.36, and the three-weeks RSI is set at 72.25 for Invesco Ltd. [IVZ]. The present Moving Average for the last 50 days of trading for this stock 11.00, while it was recorded at 13.18 for the last single week of trading, and 11.67 for the last 200 days.

Invesco Ltd. [IVZ]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Invesco Ltd. [IVZ] shares currently have an operating margin of +19.61 and a Gross Margin at +66.34. Invesco Ltd.’s Net Margin is presently recorded at +11.19.

Return on Total Capital for IVZ is now 5.98, given the latest momentum, and Return on Invested Capital for the company is 3.56. Return on Equity for this stock inclined to 6.13, with Return on Assets sitting at 1.96. When it comes to the capital structure of this company, Invesco Ltd. [IVZ] has a Total Debt to Total Equity ratio set at 62.61. Additionally, IVZ Total Debt to Total Capital is recorded at 38.50, with Total Debt to Total Assets ending up at 22.02. Long-Term Debt to Equity for the company is recorded at 87.31, with the Long-Term Debt to Total Capital now at 38.16.

Reflecting on the efficiency of the workforce at the company, Invesco Ltd. [IVZ] managed to generate an average of $78,030 per employee. Receivables Turnover for the company is 6.78 with a Total Asset Turnover recorded at a value of 0.17.

Invesco Ltd. [IVZ]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Invesco Ltd. posted 0.7/share EPS, while the average EPS was predicted by analysts to be reported at 0.57/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 22.80%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for IVZ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Invesco Ltd. go to -9.78%.

An analysis of insider ownership at Invesco Ltd. [IVZ]

There are presently around $4,358 million, or 89.00% of IVZ stock, in the hands of institutional investors. The top three institutional holders of IVZ stocks are: VANGUARD GROUP INC with ownership of 48,389,114, which is approximately 12.861% of the company’s market cap and around 0.40% of the total institutional ownership; BLACKROCK INC., holding 36,456,828 shares of the stock with an approximate value of $504.2 million in IVZ stocks shares; and BANK OF AMERICA CORP /DE/, currently with $372.02 million in IVZ stock with ownership of nearly -8.597% of the company’s market capitalization.

Positions in Invesco Ltd. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 212 institutional holders increased their position in Invesco Ltd. [NYSE:IVZ] by around 52,815,347 shares. Additionally, 286 investors decreased positions by around 41,822,208 shares, while 55 investors held positions by with 220,474,372 shares. The mentioned changes placed institutional holdings at 315,111,927 shares, according to the latest SEC report filing. IVZ stock had 60 new institutional investments in for a total of 25,967,783 shares, while 108 institutional investors sold positions of 11,812,556 shares during the same period.

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