In today’s recent session, 3.89 million shares of the Invesco Ltd (NYSE:IVZ) have been traded, and its beta is 1.41. Most recently the company’s share price was $14.78, and it changed around -$0.8 or -5.13% from the last close, which brings the market valuation of the company to $6.64B. IVZ at last check was trading at a discount to its 52-week high of $18.71, offering almost -26.59% off that amount. The share price’s 52-week low was $12.48, which indicates that the recent value has risen by an impressive 15.56% since then. We note from Invesco Ltd’s average daily trading volume that its 3-month average coming to 4.51 million.
Invesco Ltd stock received a consensus recommendation rating of Buy, based on a mean score of 2.65. If we narrow it down even further, the data shows that 0 out of 16 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 5 recommended IVZ as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. Invesco Ltd is expected to report earnings per share of $0.4 for the current quarter.
Invesco Ltd (NYSE:IVZ) trade information
Instantly IVZ has been showing red trend so far today with a performance of -5.13% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -17.15% year-to-date, but still down -2.70% over the last five days. On the other hand, Invesco Ltd (NYSE:IVZ) is -5.92% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $24.33, which translates to bulls needing to increase their stock price by 39.25% from its current value. Analyst projections state that IVZ is forecast to be at a low of $17 and a high of $33.
Invesco Ltd (IVZ) estimates and forecasts
Invesco Ltd share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 16.38 percent over the past six months and at a 15.89% annual growth rate that is well above the industry average of 7.90%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 5.30% in revenue this quarter, and will report an increase of 38.70% in the next quarter. The year-over-year growth rate is expected to be 4.60%, up from the previous year.
Consensus estimates provided by 9 financial analysts predict the company will bring in an average of $1.09 billion in revenue for the current quarter. 9 analysts expect Invesco Ltd to make $1.12 billion in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $1.08 billion and $1.09 billion respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 1.20%. Forecasts for the next quarter put sales growth at 2.80%.
Invesco Ltd earnings are expected to increase by 16.40% in 2024, but the outlook is positive 13.71% per year for the next five years.
IVZ Dividends
Invesco Ltd’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 5.41 percent and its annual dividend per share was 0.80. It is important to note, however, that the 5.41% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
