Invesco Ltd. [NYSE:IVZ] is flashing a current price of $12.62. On Wednesday, the company’s daily low is at $11.97 as the high is reaching $12.69.
The price per sales of 0.85 and price per cash flow of 11.81. The company is also booking 1.02 earnings per share.
IVZ’s next earning date is 10/22/2020. The company has price per sales of 0.85 and price per cash flow of 11.81. The company is also booking 1.02 earnings per share.
The Price is right
Holding a Market Cap of $5.50 billion, Invesco Ltd. has seen a trading range over the last year of $6.38-$19.01.
For the last five days, IVZ is up from its last closing price. The average shares trading hands each day is 6.40M.
Using a Force Index Indicator is a good way to look at how strong actual buying and selling pressure is for IVZ. When we apply the Elder Force Index to Invesco Ltd., we are seeing an Elder Force Indicator number of 6246268.49.
The recent performance of the stock is another area that can tell traders how to proceed. IVZ is presenting an interesting case. This can be seen in the Forward P/E ratio, which currently stands at 7.34.
In the last quarter, IVZ made a profit of 117.1 million. Invesco Ltd. also saw quarter revenue growth year over year of 17.43%.
Looking at popular technical indicators, the company’s 5-day moving average is 11.89 compared to the 50-day moving average of 6.86%. So, we are clearly seeing an upward trajectory here.
The Relative Strength Index or RSI is an indicator ranging between 0 and 100 that traders use to determine if a stock is “overbought” or “oversold.” A strong uptrend tending to reach into the “overbought” status is above 70, while a downward trend will stay around the 30 mark. IVZ currently holds a 9-day RSI of 77.50%, while 100-day RSI stands at 51.05%.
Another indicator we believe is worth keeping tabs on is the Moving Average Convergence Divergence or MACD. Similar to the concept of the Force Index — on the basis of price momentum — the MACD gives traders a tool to measure the turning point of a stock even during rapid fluctuations in price. Buy and sell signals are determined by a stock’s relation to the zero line, so if a stock is above a zero line for many weeks it might be a “buy.” On the other hand, if a stock is below the zero line consistently, it might be one to stay away from. Also, if the MACD line reaches a peak and dips, its momentum may be waning. IVZ’s 9-day MACD is 0.49 and the company’s 100-day MACD stands at 1.75.
Another area that is important to analyze is insider moves and majority shareholders. While this is not always an error-free way to tell what the future holds for a stock, you can maybe gather important information from reading the tea leaves about who is buying and selling.
The major holders for this stock are 1.59% by insiders and 89.05% by institutions.
Over the last six months, insiders have bought 9,500 with the most recent transaction from Beshar Sarah, Director, with a purchase at price 10.54 per share.
Overall, the recommended rating for IVZ is Hold. Currently, the company has 15 analysts watching the stock, and the average quarterly earnings estimate is 0.45. Quarterly revenue estimates are averaging 1.06B with the high estimate reaching 1.09B and the low at 1.03B.
To review, the current 1-year target estimate is sitting at 10.43, while the current price 12.62. Based on this, we expect some pullback on the stock over time given our above analysis.