Invesco Ltd Intrinsic Stock Value – INVESCO LTD Reports Second Quarter Earnings Results for Fiscal Year Ending June 30 2023
July 27, 2023
🌥️Earnings Overview
On July 25 2023, INVESCO LTD ($NYSE:IVZ) announced their financial results for the second quarter of the 2023 fiscal year which ends on June 30. Total revenue dropped by 5.7%, to USD 1442.8 million, while net income rose 6.2% to USD 191.4 million, compared to the same period of the prior year.
Stock Price
Upon the release of their earnings the stock opened at $17.4 and closed at $16.6, representing a 7.5% drop from its previous closing price of $18.0. This significant drop was largely attributed to the company’s weak performance in the areas of revenue growth and profitability. The weak performance of INVESCO LTD in the second quarter raises questions about their ability to compete in a highly competitive industry.
Investors remain concerned with the company’s outlook for the rest of the year, which could cause further volatility in the stock price. INVESCO LTD will need to address these issues if they are to remain competitive in the long term. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Invesco Ltd. More…
| Total Revenues | Net Income | Net Margin |
| 5.75k | 642.4 | 15.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Invesco Ltd. More…
| Operations | Investing | Financing |
| 1.19k | -269 | -783.5 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Invesco Ltd. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 29.46k | 12.75k | 34.17 |
Key Ratios Snapshot
Some of the financial key ratios for Invesco Ltd are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -3.9% | -11.5% | 20.6% |
| FCF Margin | ROE | ROA |
| 18.3% | 4.8% | 2.5% |
Analysis – Invesco Ltd Intrinsic Stock Value
GoodWhale has completed a comprehensive financial analysis of INVESCO LTD. Our proprietary Valuation Line has determined that the intrinsic value of an INVESCO LTD share is $20.7. Currently, INVESCO LTD stock is trading at $16.6, which is a fair price; however, this does represent an undervalued price by 19.9%. This undervaluation presents an excellent opportunity for investors to take advantage of and purchase INVESCO LTD shares at a discounted rate. More…
Peers
The company operates in the US, Europe, and Asia Pacific. Invesco Ltd has a market capitalization of $15.48 billion as of March 2021. The company has a diversified product mix that includes mutual funds, ETFs, and separate accounts. Invesco Ltd’s primary competitors are Federated Hermes Inc, BlackRock Inc, and Janus Henderson Group PLC.
– Federated Hermes Inc ($NYSE:FHI)
Federated Hermes Inc has a market cap of 2.75B as of 2022. The company’s return on equity, a measure of how well it reinvested shareholder money, was 22.41%. Federated Hermes Inc is a financial services company that manages investments for a wide range of clients, including insurance companies, pension funds, and other institutional investors. The company offers a variety of investment strategies and products, including equities, fixed income, and alternative investments.
– BlackRock Inc ($NYSE:BLK)
BlackRock Inc is an American financial services company with a market cap of 86.29B as of 2022. It has a return on equity of 12.63%. The company was founded in 1988 and is headquartered in New York City. BlackRock operates as an investment management firm. It provides a range of investment, technology, and risk management solutions to institutional and retail clients worldwide. The company offers a variety of investment strategies, including active, passive, and alternative investments. BlackRock also provides technology solutions, risk management services, and portfolio construction and implementation services.
– Janus Henderson Group PLC ($NYSE:JHG)
As of 2022, Janus Henderson Group PLC has a market cap of 3.42B and a ROE of 7.52%. The company is a global asset management firm that offers a range of investment solutions, including equities, fixed income, alternatives, and multi-asset solutions.
Summary
Investors looking to assess the performance of INVESCO LTD for the second quarter of the fiscal year ending June 30 2023 were not impressed with the financial results reported on July 25 2023. Total revenue was USD 1442.8 million, a 5.7% decrease compared to the prior year, and net income was USD 191.4 million, indicating a 6.2% increase. Consequently, the stock price moved down the same day, reflecting disappointment with the results. Investors should continue to monitor the company’s performance and outlook before deciding to invest in INVESCO LTD.
