Home Sectors Financial Services Current Technicals: Invesco (NYSE: IVZ)

Current Technicals: Invesco (NYSE: IVZ)

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Invesco is in the financial services sector and trades as part of the asset management industry. The company CEO is Martin L. Flanagan. Invesco is an independent investment management firm. The company provides retail and institutional clients with an array of investment management capabilities. It has presence in the institutional and retail markets.

Previous Intraday Trading Performance:

The IVZ stock showed a previous change of 2.25% with an open at 21.26 and a close of 21.32. It reached an intraday high of 21.40 and a low of 21.02.

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Liquidity:

The stock has a market cap of $8.6b with 401.8m shares outstanding, of which the float is 395.6m shares. Trading volume reached 3,475,874 shares compared to its average volume of 4,275,328 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Invesco shares returned 3.90% and in the past 30 trading days it returned 9.61%. Over three months, it changed 21.74%. In one year it has changed -27.13% and within that year its 52-week high was 31.53 and its 52-week low was 15.38. IVZ stock is 38.62% above its 52 Week Low.

Our calculations show a 200 day moving average of 20.91 and a 50 day moving average of 19.27. Currently IVZ stock is trading 1.98% above its 200 day moving average and may be a good opportunity to buy.

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Earnings:

The last annual fiscal EPS for the company was reported at 2.14 that ended on 31st of December 2018, which according to the previous close, that is a PE of 9.96. Based on 6 analyst estimates, the consensus EPS for the next quarter is 0.51. The TTM EPS is 2.43, which comes to a TTM PE of 8.77. Historically, the PE high was 19.80 and the PE low was 5.60. If the stock reached its PE low, that would represent a price of 13.61, which is a decrease of -36.15%.

The dividend per share is currently 1.20, which is a dividend yield of 5.63%. Also, the payout ratio is 49.38%, therefore the dividend is safe according to our calculations. IVZ stock has a high dividend yield, but because the company has sufficient earnings to cover future dividends, it may be a good investment opportunity for an income portfolio.

Base on our calculations, the intrinsic value per share is 35.67, which means it is possibly undervalued and has a margin of safety of 40.22%

Indicators to Watch:

Based on the latest filings, there is 1.50% of insider ownership and 129.70% of institutional ownership. Short-interest is 13,239,510, which is 3.30% of shares outstanding. The short-interest ratio or days-to-cover ratio is 2.98. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.56

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 9.91%, return on assets is 2.73%, profit margin is 16.22%, price-to-sales is 2.20 and price-to-book is 1.00.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 0  :Past Performance Score
 6  :Financial Strength Score
 0  :Future Growth Score
 0  :Dividend Score
 1  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.