Invesco (IVZ) to Release Quarterly Earnings on Tuesday

Invesco (NYSE:IVZ) will likely be issuing its quarterly earnings data before the market opens on Tuesday, January 28th. Analysts expect the company to announce earnings of $0.51 per share and revenue of $1,146,415.86 billion for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Invesco Stock Performance

NYSE IVZ opened at $17.62 on Friday. Invesco has a 1 year low of $14.16 and a 1 year high of $18.94. The company’s 50 day simple moving average is $17.59 and its two-hundred day simple moving average is $17.23. The stock has a market capitalization of $7.92 billion, a PE ratio of -19.15, a P/E/G ratio of 1.06 and a beta of 1.43. The company has a debt-to-equity ratio of 0.66, a current ratio of 4.91 and a quick ratio of 4.91.

Wall Street Analyst Weigh In

IVZ has been the subject of several recent analyst reports. Keefe, Bruyette & Woods decreased their target price on shares of Invesco from $19.00 to $18.00 and set a “market perform” rating for the company in a report on Friday, December 20th. Evercore ISI lifted their price target on shares of Invesco from $19.00 to $20.00 and gave the company an “in-line” rating in a research note on Thursday, November 7th. Wells Fargo & Company decreased their price objective on Invesco from $17.50 to $17.00 and set an “underweight” rating on the stock in a report on Tuesday, January 14th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $19.00 price target on shares of Invesco in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Invesco from $18.00 to $19.00 and gave the company a “hold” rating in a report on Monday, November 11th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $18.71.

Invesco Company Profile

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.