Are You a Value Investor? This 1 Stock Could Be the Perfect Pick
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Why Investors Should Pay Attention to This Value Stock
Different than growth or momentum investors, value-focused investors are all about finding good stocks at good prices, and discovering which companies are trading under what their true value is before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks.
Invesco (IVZ)
Headquartered in Atlanta, GA, Invesco Ltd., – formerly AMVESCAP PLC – operates as an independent investment manager and offers a wide range of investment products and services. The company was incepted in 1935. As of June 30, 2024, Invesco had offices in more than 20 countries and AUM worth $1.72 trillion.
IVZ sits at a Zacks Rank #3 (Hold), holds a Value Style Score of B, and has a VGM Score of A. Compared to the Financial - Investment Management industry's P/E of 11.2X, shares of Invesco are trading at a forward P/E of 10.8X. IVZ also has a PEG Ratio of 1.2, a Price/Cash Flow ratio of 3.3X, and a Price/Sales ratio of 1.4X.
A company's earnings performance is important for value investors as well. For fiscal 2024, one analyst revised their earnings estimate higher in the last 60 days for IVZ, while the Zacks Consensus Estimate has increased $0.00 to $1.65 per share. IVZ also holds an average earnings surprise of 1.9%.
IVZ should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.
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Invesco Ltd. (IVZ) : Free Stock Analysis Report