Invesco Ltd [NYSE: IVZ] traded at a low on Wednesday, posting a -0.85 loss after which it closed the day’ session at $16.38.
The results of the trading session contributed to over 3473210 shares changing hands. Over the past one week, the price volatility of Invesco Ltd stands at 2.14% while the volatility over the past one month is 2.45%.
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The market cap for IVZ stock reached $7.37 billion, with 449.50 million shares outstanding and 442.48 million shares in the current float. Compared to the average trading volume of 3.91M shares, IVZ reached a trading volume of 3473210 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]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for IVZ shares is $17.47 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 2.72. 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.
Barclays have made an estimate for Invesco Ltd shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on August 27, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price to Outperform. The new note on the price target was released on January 04, 2024, representing the official price target for Invesco Ltd stock. Previously, the target price had yet another raise from $15.50 to $20, while Keefe Bruyette kept a Outperform rating on IVZ stock. On July 10, 2023, analysts increased their price target for IVZ shares from 15 to 21.
The Average True Range (ATR) for Invesco Ltd is set at 0.43, with the Price to Sales ratio for IVZ stock in the period of the last 12 months amounting to 1.28. The Price to Book ratio for the last quarter was 0.70, with the Price to Cash per share for the same quarter was set at 3.42. Price to Free Cash Flow for IVZ in the course of the last twelve months was 5.74.
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 -3.82. With this latest performance, IVZ shares gained by 9.42% in over the last four-week period, additionally plugging by 4.46% over the last 6 months – not to mention a rise of 2.18% 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 46.88, with the RSI for the last a single of trading hit 41.14, and the three-weeks RSI is set at 49.52 for Invesco Ltd [IVZ]. The present Moving Average for the last 50 days of trading for this stock 16.20, while it was recorded at 16.77 for the last single week of trading, and 15.87 for the last 200 days.
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 10.71%.
Insider trade positions for Invesco Ltd [IVZ]
There are presently around $89.27%, or 90.76%% of IVZ stock, in the hands of institutional investors. The top three institutional holders of IVZ stocks are: BLACKROCK INC. with ownership of 54.21 million shares, which is approximately 11.8763%. VANGUARD GROUP INC, holding 49.88 million shares of the stock with an approximate value of $$746.18 million in IVZ stocks shares; and VANGUARD GROUP INC, currently with $$407.27 million in IVZ stock with ownership which is approximately 5.9642%.
