Invesco Ltd [NYSE: IVZ] stock went on a downward path that fall over -3.27% on Monday, amounting to a one-week price increase of more than 1.64%.
Over the last 12 months, IVZ stock rose by 40.78%. The one-year Invesco Ltd stock forecast points to a potential upside of 2.44. The average equity rating for IVZ stock is currently 2.84, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $8.11 billion, with 449.50 million shares outstanding and 442.43 million shares in the current float. Compared to the average trading volume of 3.84M shares, IVZ stock reached a trading volume of 6701174 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on 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 $18.47 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 2.84. 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.
Wells Fargo have made an estimate for Invesco Ltd shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on September 12, 2024. While these analysts kept the previous recommendation, Barclays raised their target price to Equal Weight. The new note on the price target was released on August 27, 2024, representing the official price target for Invesco Ltd stock. Previously, the target price had yet another raise to $21, while TD Cowen analysts kept a Outperform rating on IVZ stock. On December 14, 2023, analysts increased their price target for IVZ shares from 15.50 to 20.
The Average True Range (ATR) for Invesco Ltd is set at 0.46, with the Price to Sales ratio for IVZ stock in the period of the last 12 months amounting to 1.41. The Price to Book ratio for the last quarter was 0.77, 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 6.31.
IVZ Stock Performance Analysis:
Invesco Ltd [IVZ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.64. With this latest performance, IVZ shares gained by 4.95% in over the last four-week period, additionally plugging by 15.66% over the last 6 months – not to mention a rise of 40.78% 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 57.24, with the RSI for the last a single of trading hit 55.75, and the three-weeks RSI is set at 57.40 for Invesco Ltd [IVZ]. The present Moving Average for the last 50 days of trading for this stock 17.04, while it was recorded at 18.16 for the last single week of trading, and 16.09 for the last 200 days.
IVZ Stock EPS
With the latest financial reports released by the company, Invesco Ltd posted 0.35/share EPS, while the average EPS was predicted by analysts to be reported at 0.35/share. 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 12.29%.
Invesco Ltd [IVZ] Institutonal Ownership Details
There are presently around $89.13%, or 90.63%% 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%.
