Invesco (IVZ) to Release Quarterly Earnings on Tuesday

Invesco (NYSE:IVZ) is projected to release its earnings data before the market opens on Tuesday, January 28th. Analysts expect Invesco to post earnings of $0.51 per share and revenue of $1,146,415.86 billion for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Invesco Price Performance

IVZ stock opened at $17.62 on Monday. The firm has a 50 day simple moving average of $17.59 and a two-hundred day simple moving average of $17.24. The company has a debt-to-equity ratio of 0.66, a current ratio of 4.91 and a quick ratio of 4.91. The stock has a market cap of $7.92 billion, a PE ratio of -19.15, a P/E/G ratio of 1.06 and a beta of 1.43. Invesco has a one year low of $14.16 and a one year high of $18.94.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on IVZ shares. StockNews.com raised Invesco from a “sell” rating to a “hold” rating in a report on Friday, October 18th. Wells Fargo & Company reduced their price target on shares of Invesco from $17.50 to $17.00 and set an “underweight” rating for the company in a research note on Tuesday, January 14th. The Goldman Sachs Group lowered their price objective on shares of Invesco from $19.25 to $19.00 and set a “neutral” rating on the stock in a research report on Tuesday, January 7th. Barclays decreased their target price on shares of Invesco from $19.00 to $18.00 and set an “equal weight” rating for the company in a research note on Friday, January 17th. Finally, UBS Group raised their price target on Invesco from $17.50 to $19.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $18.71.

About Invesco

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds.