Invesco PLC (IVZ) Getting Positive Media Coverage, Study Finds
Media headlines about Invesco PLC (NYSE:IVZ) have trended positive this week, Accern reports. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Invesco PLC earned a news impact score of 0.26 on Accern’s scale. Accern also assigned news articles about the asset manager an impact score of 47.1628526886685 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
- Barclays PLC Begins Coverage on Invesco PLC (IVZ) (americanbankingnews.com)
- Have Investors Already Priced In Invesco Ltd’s (IVZ) Growth? (finance.yahoo.com)
- Invesco Plc (IVZ): What Are the Signals Showing? – Wall Street Review (thewallstreetreview.com)
- Upcoming Balance Changes – Update 9.1 – News – Hearthstone (techkenyot.com)
Several equities analysts have recently issued reports on IVZ shares. Jefferies Group LLC reiterated a “buy” rating and set a $35.00 price objective on shares of Invesco PLC in a research report on Wednesday, May 17th. ValuEngine downgraded Invesco PLC from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Citigroup Inc. upgraded Invesco PLC from a “neutral” rating to a “buy” rating and upped their target price for the stock from $35.00 to $37.50 in a research report on Monday, June 5th. BidaskClub upgraded Invesco PLC from a “hold” rating to a “buy” rating in a research report on Wednesday, June 14th. Finally, Royal Bank Of Canada initiated coverage on Invesco PLC in a research report on Thursday, June 29th. They issued an “outperform” rating and a $41.00 target price for the company. One analyst has rated the stock with a sell rating, four have assigned a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $37.38.
Shares of Invesco PLC (NYSE:IVZ) opened at 32.10 on Tuesday. The stock’s 50 day moving average price is $33.69 and its 200-day moving average price is $33.00. The firm has a market cap of $13.06 billion, a P/E ratio of 14.31 and a beta of 1.80. Invesco PLC has a 12 month low of $27.46 and a 12 month high of $36.83.
Invesco PLC (NYSE:IVZ) last announced its quarterly earnings data on Thursday, July 27th. The asset manager reported $0.64 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. Invesco PLC had a net margin of 18.98% and a return on equity of 12.74%. The firm had revenue of $906.30 million for the quarter, compared to analysts’ expectations of $891.19 million. During the same period last year, the firm earned $0.56 earnings per share. The business’s revenue for the quarter was up 4.5% on a year-over-year basis. Equities research analysts anticipate that Invesco PLC will post $2.54 earnings per share for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 1st. Shareholders of record on Thursday, August 17th were paid a $0.29 dividend. The ex-dividend date of this dividend was Tuesday, August 15th. This represents a $1.16 dividend on an annualized basis and a yield of 3.61%. Invesco PLC’s payout ratio is presently 52.02%.
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Invesco PLC Company Profile
Invesco Ltd. (Invesco) is an independent investment management company. The Company provides a range of investment capabilities and outcomes, which are delivered through a set of investment vehicles, to help clients achieve their investment objectives. It has a presence in the retail and institutional markets within the investment management industry in North America; Europe, Middle East and Africa (EMEA), and Asia-Pacific.
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