Invesco Ltd (IVZ) Stock Short-term Performance Analysis

Invesco Ltd [IVZ] stock prices are up 1.07% to $16.00 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The IVZ shares have gain 3.96% over the last week, with a monthly amount glided 2.70%, and seem to be holding up well over a long-time horizon.

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On 20, March 2024, Invesco Canada announces cash distributions for its ETFs. In a post published today on Yahoo Finance, – Invesco Canada Ltd. (“Invesco”) announced today the March 2024 distributions for its exchange-traded funds (ETFs). Unitholders of record on March 27, 2024, will receive cash distributions payable on April 5, 2024.

From an analyst’s perspective:

Invesco Ltd [NYSE: IVZ] stock has seen the most recent analyst activity on January 04, 2024, when TD Cowen initiated its Outperform rating and assigned the stock a price target of $21. Previously, Keefe Bruyette upgraded its rating to Outperform on December 14, 2023, and elevated its price target to $20. Citigroup started tracking the stock assigning a Neutral rating and suggested a price target of $16 on May 19, 2023. Credit Suisse upgraded its rating to a Neutral and raised its price target to $15 on March 29, 2023. UBS downgraded its rating to Neutral for this stock on January 10, 2023, and upped its price target to $20. In a note dated December 15, 2022, Wells Fargo initiated an Overweight rating and provided a target price of $22 on this stock.

The stock price of Invesco Ltd [IVZ] has been fluctuating between $12.48 and $18.71 over the past year. Currently, Wall Street analysts expect the stock to reach $25.5 within the next 12 months. Invesco Ltd [NYSE: IVZ] shares were valued at $16.00 at the most recent close of the market. An investor can expect a potential return of 59.38% based on the average IVZ price forecast.

Analyzing the IVZ fundamentals

The Invesco Ltd [NYSE:IVZ] reported sales of 5.78B for trailing twelve months, representing a drop of -5.65%. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is -0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.59.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.89 points at the first support level, and at 15.77 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.19, and for the 2nd resistance point, it is at 16.37.

Invesco Ltd [IVZ] reported earnings per share of $0.47 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.4/share, meaning a difference of $0.07 and a surprise factor of 17.50%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.35 per share as compared to estimates of $0.35 per share, a difference of $0 representing a surprise of 0.00%.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.24, the price to book ratio is 0.68.

Transactions by insiders

Recent insider trading involved Invesco Realty, Inc., 10% Owner, that happened on Oct 02 ’23 when 0.8 million shares were purchased. 10% Owner, Invesco Realty, Inc. completed a deal on Sep 05 ’23 to buy 2.8 million shares.

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