NasdaqGM:QQQ

Stock Analysis Report

Executive Summary

Invesco QQQ Trust, Series 1 is an exchange traded fund launched by Invesco Ltd.

Rewards


Snowflake Analysis


Similar Companies

Share Price & News

How has Invesco QQQ Trust Series 1's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: QQQ has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.3%

QQQ

-1.9%

US Capital Markets

-1.3%

US Market


1 Year Return

34.8%

QQQ

16.8%

US Capital Markets

22.0%

US Market

Return vs Industry: QQQ exceeded the US Capital Markets industry which returned 21.7% over the past year.

Return vs Market: QQQ exceeded the US Market which returned 24.7% over the past year.


Shareholder returns

QQQIndustryMarket
7 Day-0.3%-1.9%-1.3%
30 Day4.3%1.9%1.6%
90 Day12.7%10.7%8.9%
1 Year36.0%34.8%19.3%16.8%24.7%22.0%
3 Year81.6%77.0%42.9%34.9%49.4%39.7%
5 Year130.8%120.3%98.1%79.7%78.1%58.5%

Price Volatility Vs. Market

How volatile is Invesco QQQ Trust Series 1's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Invesco QQQ Trust Series 1 undervalued compared to its fair value and its price relative to the market?

17.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: QQQ ($220.08) is trading below our estimate of fair value ($269.54)

Significantly Below Fair Value: QQQ is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: QQQ is poor value based on its PE Ratio (56.5x) compared to the Capital Markets industry average (36.1x).

PE vs Market: QQQ is poor value based on its PE Ratio (56.5x) compared to the US market (18.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate QQQ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: QQQ is good value based on its PB Ratio (1.2x) compared to the US Capital Markets industry average (6.6x).

Future Growth

How is Invesco QQQ Trust Series 1 forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.3%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Invesco QQQ Trust Series 1 has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Invesco QQQ Trust Series 1 performed over the past 5 years?

1.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: QQQ has a large one-off gain of $913.1M impacting its September 30 2019 financial results.

Growing Profit Margin: QQQ's current net profit margins are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: QQQ's earnings have grown by 1.3% per year over the past 5 years.

Accelerating Growth: QQQ's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: QQQ had negative earnings growth (-89.8%) over the past year, making it difficult to compare to the Capital Markets industry average (20.6%).


Return on Equity

High ROE: QQQ's Return on Equity (2.1%) is considered low.


Return on Assets


Return on Capital Employed

Financial Health

How is Invesco QQQ Trust Series 1's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: QQQ has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if QQQ's debt is covered by short term assets.


Financial Institutions Analysis

Asset Level: QQQ's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if QQQ has a sufficient allowance for bad loans.

Low Risk Liabilities: QQQ reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if QQQ has an acceptable proportion of non-loan assets held.

Low Risk Deposits: QQQ has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if QQQ has an appropriate level of bad loans.

Dividend

What is Invesco QQQ Trust Series 1's current dividend yield, its reliability and sustainability?

0.69%

Current Dividend Yield


Dividend Yield vs Market

company0.7%marketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: QQQ's dividend (0.7%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.4%).

High Dividend: QQQ's dividend (0.7%) is low compared to the top 25% of dividend payers in the US market (3.66%).


Stability and Growth of Payments

Stable Dividend: QQQ is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: QQQ is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: QQQ is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of QQQ's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

What is the CEO of Invesco QQQ Trust Series 1's salary, the management and board of directors tenure and is there insider trading?


CEO

John Jacobs (60yo)

0yrs

Tenure

0

Mr. John L. Jacobs served as Strategic Advisor at Nasdaq Inc., since January 2, 2015 until January 2016. Mr. Jacobs served as an Executive Vice President of Global Information Services Group of Nasdaq OMX  ...


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • John Jacobs (60yo)

    CEO & Director of Nasdaq Financial Products Svcs - Sponsor


    Board Members

    • John Jacobs (60yo)

      CEO & Director of Nasdaq Financial Products Svcs - Sponsor

      • Dave Warren (64yo)

        Chairman of Nasdaq Financial Products Services - Sponsor

        Company Information

        Invesco QQQ Trust, Series 1's company bio, employee growth, exchange listings and data sources


        Key Information


        Location

        • Invesco QQQ Trust, Series 1
        • 3500 Lacey Road
        • Suite 700
        • Downers Grove
        • Illinois
        • 60515
        • United States

        Listings

        TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
        QQQBVL (Bolsa de Valores de Lima)YesTrust UnitsPEUSDMar 1999
        QQQ *BMV (Bolsa Mexicana de Valores)YesTrust UnitsMXMXNMar 1999
        0YIKLSE (London Stock Exchange)YesTrust UnitsGBUSDMar 1999
        QQQNasdaqGM (Nasdaq Global Market)YesTrust UnitsUSUSDMar 1999
        NDQDUSE (Dusseldorf Stock Exchange)YesTrust UnitsDEEURMar 1999

        Biography

        Invesco QQQ Trust, Series 1 is an exchange traded fund launched by Invesco Ltd. The fund is managed by Invesco Capital Management LLC. It invests in public equity markets of global region. It invests in stocks of companies operating across energy, real estate, materials, industrials, consumer discretionary, consumer staples, health care, information technology, communication services, utilities sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the NASDAQ-100 Index, by using full replication technique. Invesco QQQ Trust, Series 1 was formed on March 10, 1999 and is domiciled in the United States. 


        Company Analysis and Financial Data Status

        All financial data provided by Standard & Poor's Capital IQ.
        DataLast Updated (UTC time)
        Company Analysis2020/01/26 00:35
        End of Day Share Price2020/01/24 00:00
        Earnings2019/09/30
        Annual Earnings2019/09/30


        Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.