Invesco BuyBack Achievers ETF ( PKW) Stock. Should you Buy or Sell? $ 84.17
1.04 (1.22 %)
Invesco BuyBack Achievers ETF AnalysisUpdated on 10-09-2022
|Volume Avg.||$45.54 thousand|
|Market Cap||$1.17 B|
|52 Week Range||$75.33 - $98.75|
Invesco BuyBack Achievers ETF opened the day at $84.17 which is +'1.22 % on yesterday's close. Invesco BuyBack Achievers ETF has a 52 week high of $98.75 and 52 week low of $75.33, which is a difference of $23.42. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $1.17 B and total net profit is $0 which means the company is trading at inf times profit to market capitalization. Theoretically, if you were to buy Invesco BuyBack Achievers ETF for $1.17 B, it would take 15 years to get your money back. Invesco BuyBack Achievers ETF are in the space which will have a sweet spot and industry standard for net profit multiples.
Invesco BuyBack Achievers ETF Stock Forecast - Is Invesco BuyBack Achievers ETF a Buy or Sell?
Growth and Value
|Net Profit Margin||0.000|
Valuing Invesco BuyBack Achievers ETF
|Price Book Value Ratio||0.000||Price To Book Ratio||0.000|
|Price To Sales Ratio||0.000||Price Earnings Ratio||0.000|
How liquid is Invesco BuyBack Achievers ETF
|Debt Ratio||0.000||Debt Equity Ratio||0.000|
|Long Term Debt To Capitalization||0.000||Total Debt To Capitalization||0.000|
Latest news about Invesco BuyBack Achievers ETF
U.S. corporate buybacks have been robust in recent months. But the Inflation Reduction Act includes 1% excise duty on repurchases.
The House of Representatives passed the Inflation Reduction Act on Aug. 12. It now goes to President Joe Biden's desk.
The 1% excise tax on buybacks that is part of the Inflation Reduction Act has spurred questions regarding the implications for investors. In a note to clients, Goldman Sachs' David Kostin estimated that the proposed 1% excise tax on buybacks would reduce earnings per share by about 0.5%, CNBC's Bob Pisani reported on Monday.
Earnings season gets underway in less than two weeks. Firms may attempt to lower the bar by issuing weak EPS guidance.
As prices declined and market volatility rose, companies continued their record-breaking buyback and dividend expenditures in the first quarter and are expected to maintain their buyback activities for Q2 through the ongoing price downturn. The record expenditures led to 17.6% of the companies in the S&P 500 increasing their earnings-per-share by at least 4%, thanks [.
About Invesco BuyBack Achievers ETF
The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The NASDAQ includes common stocks in the underlying index pursuant to a proprietary selection methodology that identifies a universe of "BuyBack Achievers TM".