Invesco Trust For Stock Today

VTN Stock  USD 11.54  0.07  0.61%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 3

 
High
 
Low
Very Low
Invesco Trust is selling at 11.54 as of the 30th of November 2024; that is 0.61 percent up since the beginning of the trading day. The stock's open price was 11.47. Invesco Trust has a very small chance of experiencing financial distress in the next few years but had a somewhat modest performance during the last 90 days. Equity ratings for Invesco Trust For are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of June 2023 and ending today, the 30th of November 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
13th of May 1992
Classification
Financials
Invesco Trust for Investment Grade New York Municipals is a closed-ended fixed income mutual fund launched by Invesco Ltd. Invesco Trust for Investment Grade New York Municipals was formed on March 27, 1992 and is domiciled in the United States. Invesco Trust operates under Asset Management classification in the United States and is traded on New York Stock Exchange.. The company has 19.48 M outstanding shares of which 23.2 K shares are at this time shorted by investors with about 0.38 days to cover. More on Invesco Trust For

Moving against Invesco Stock

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Invesco Stock Highlights

ChairmanChristopher Wilson
Business ConcentrationAsset Management & Custody Banks, Financial Services, Financials, Capital Markets, Asset Management, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities1.5 M2.2 M
Way Down
Slightly volatile
Non Current Liabilities Total130.8 M132.3 M
Fairly Down
Slightly volatile
Total Assets359.1 M370.3 M
Sufficiently Down
Slightly volatile
Total Current Assets6.4 M6.8 M
Notably Down
Pretty Stable
Total Cash From Operating Activities17.7 M9.6 M
Way Up
Slightly volatile
Debt Levels
Invesco Trust can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Invesco Trust's financial leverage. It provides some insight into what part of Invesco Trust's total assets is financed by creditors.
Liquidity
Invesco Trust For has 132.31 M in debt with debt to equity (D/E) ratio of 0.56, which is OK given its current industry classification. Invesco Trust For has a current ratio of 24.73, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Invesco to invest in growth at high rates of return.

Change To Operating Activities

9,897.88
Invesco Trust For (VTN) is traded on New York Stock Exchange in USA. It is located in 1331 Spring Street, North West, Atlanta, GA, United States, 30309 and employs 36 people. Invesco Trust is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 223.41 M. Invesco Trust For runs under Capital Markets sector within Financials industry. The entity has 19.48 M outstanding shares of which 23.2 K shares are at this time shorted by investors with about 0.38 days to cover. Invesco Trust For has about 1.13 M in cash with 9.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
Check Invesco Trust Probability Of Bankruptcy
Ownership Allocation
Invesco Trust For has a total of 19.48 Million outstanding shares. Roughly 71.37 (percent) of Invesco Trust outstanding shares are held by general public with 28.63 pct. by outside corporations. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Invesco Ownership Details

Invesco Trust Historical Income Statement

At this time, Invesco Trust's Total Operating Expenses is very stable compared to the past year. As of the 30th of November 2024, Income Before Tax is likely to grow to about 17.2 M, while Total Revenue is likely to drop about 11.1 M. View More Fundamentals

Invesco Stock Against Markets

Invesco Trust Corporate Management

Andrew SchlossbergSenior Vice PresidentProfile
Anthony LaCavaIndependent TrusteeProfile
Teresa ResselIndependent TrusteeProfile
Tim OReillyPortfolio ManagerProfile
Robert LeveilleChief Compliance OfficerProfile
When determining whether Invesco Trust For offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Invesco Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Invesco Trust For Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Invesco Trust For Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Invesco Trust For. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Invesco Trust. If investors know Invesco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Invesco Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.022
Dividend Share
0.521
Earnings Share
0.97
Revenue Per Share
0.812
Quarterly Revenue Growth
0.059
The market value of Invesco Trust For is measured differently than its book value, which is the value of Invesco that is recorded on the company's balance sheet. Investors also form their own opinion of Invesco Trust's value that differs from its market value or its book value, called intrinsic value, which is Invesco Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Invesco Trust's market value can be influenced by many factors that don't directly affect Invesco Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Invesco Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Invesco Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Invesco Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.