Credit Suisse lifts Invesco Ltd. [IVZ] price estimate. Who else is bullish?

Invesco Ltd. [NYSE: IVZ] jumped around 0.15 points on Tuesday, while shares priced at $18.84 at the close of the session, up 0.80%. The company report on November 28, 2022 that Invesco Provides Estimated Capital Gain Distribution Information for 2022.

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Invesco Ltd. (NYSE: IVZ), a leading global provider of exchange-traded funds (ETFs), announced today that it expects to deliver capital gains distributions across 3 Invesco ETFs.1.

For the funds listed in the Table, the ex-date for the 2022 capital gains distributions will be Monday, December 19, 2022.  The record date will be Tuesday, December 20, 2022, and the payable date will be Friday, December 23, 2022..

Invesco Ltd. stock is now -18.16% down from its year-to-date (YTD) trading value. IVZ Stock saw the intraday high of $18.99 and lowest of $18.65 per share. The company’s 52-week high price is 25.33, which means current price is +42.73% above from all time high which was touched on 01/12/22.

Compared to the average trading volume of 5.46M shares, IVZ reached a trading volume of 3210026 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Invesco Ltd. [IVZ]?

Credit Suisse have made an estimate for Invesco Ltd. shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on October 26, 2022. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Neutral. The new note on the price target was released on October 19, 2022, representing the official price target for Invesco Ltd. stock. Previously, the target price had yet another drop from $25 to $20, while BMO Capital Markets kept a Market Perform rating on IVZ stock.

The Average True Range (ATR) for Invesco Ltd. is set at 0.63, with the Price to Sales ratio for IVZ stock in the period of the last 12 months amounting to 1.34. The Price to Book ratio for the last quarter was 0.79, with the Price to Cash per share for the same quarter was set at 2.26.

How has IVZ stock performed recently?

Invesco Ltd. [IVZ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.37. With this latest performance, IVZ shares gained by 22.26% in over the last four-week period, additionally sinking by -2.59% over the last 6 months – not to mention a drop of -18.93% 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 61.74, with the RSI for the last a single of trading hit 59.65, and the three-weeks RSI is set at 60.94 for Invesco Ltd. [IVZ]. The present Moving Average for the last 50 days of trading for this stock 16.07, while it was recorded at 19.09 for the last single week of trading, and 18.12 for the last 200 days.

Invesco Ltd. [IVZ]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Invesco Ltd. [IVZ] shares currently have an operating margin of +27.76 and a Gross Margin at +66.41. Invesco Ltd.’s Net Margin is presently recorded at +23.25.

Return on Equity for this stock inclined to 10.92, with Return on Assets sitting at 4.71.

Earnings analysis for Invesco Ltd. [IVZ]

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 -11.87%.

Insider trade positions for Invesco Ltd. [IVZ]

There are presently around $6,095 million, or 92.30% of IVZ stock, in the hands of institutional investors. The top three institutional holders of IVZ stocks are: TRIAN FUND MANAGEMENT, L.P. with ownership of 55,758,634, which is approximately 0% of the company’s market cap and around 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 51,822,554 shares of the stock with an approximate value of $976.34 million in IVZ stocks shares; and BLACKROCK INC., currently with $818.24 million in IVZ stock with ownership of nearly 9.156% of the company’s market capitalization.

Positions in Invesco Ltd. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 269 institutional holders increased their position in Invesco Ltd. [NYSE:IVZ] by around 37,776,817 shares. Additionally, 209 investors decreased positions by around 15,725,406 shares, while 94 investors held positions by with 270,004,069 shares. The mentioned changes placed institutional holdings at 323,506,292 shares, according to the latest SEC report filing. IVZ stock had 51 new institutional investments in for a total of 3,011,224 shares, while 64 institutional investors sold positions of 7,048,970 shares during the same period.

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