In Thursday’s Wall Street session, Invesco Ltd (NYSE:IVZ) shares traded at $17.4, up 2.65% from the previous session.
IVZ stock price is now 15.50% away from the 50-day moving average and 5.66% away from the 200-day moving average. The market capitalization of the company currently stands at $7.79B.
With the price target reduced from $22 to $13, TD Cowen Downgraded its rating from Buy to Hold for Invesco Ltd (NYSE: IVZ). On September 12, 2024, Wells Fargo recently initiated its ‘Underweight’ rating on the stock quoting a target price of $16, while ‘Barclays’ rates the stock as ‘Equal Weight’
A total of 0.81% of the company’s stock is owned by insiders.
During the past 12 months, Invesco Ltd has had a low of $11.60 and a high of $19.55. As of last week, the company has a debt-to-equity ratio of 0.54, a current ratio of 1.36, and a quick ratio of 1.36. According to the stock market information, the enterprise value for the company is $12300262400, which is based on a 13.94 price-to-earnings ratio, a 1.40 price-to-earnings-growth ratio, and a beta of 1.49. The fifty day moving average price for IVZ is $15.065 and a two-hundred day moving average price translates $16.4672 for the stock.
The latest earnings results from Invesco Ltd (NYSE: IVZ) was released for 2025-03-31. The net profit margin was 9.30% and return on equity was 5.50% for IVZ. The company reported revenue of $1.53 billion for the quarter, compared to $1.48 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.65 percent.
