Invesco High Income 2023 Target Term Fund (IHIT) has a profit margin of -32.3%, below the sector sector average of 21.34%.
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+ FollowAs of Feb 2023
Trailing 12 months ending Feb 2023
Invesco High Income 2023 Target Term Fund posts a profit margin of -32.3% as of February 2023. That compares with 67.2% in the prior-year period — down 148.1% year over year. That is below the sector sector average of 21.34%. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.
In the prior comparable period, Invesco High Income 2023 Target Term Fund's profit margin was 67.2%. The latest reading is -32.3% — a 148.1% year-over-year decrease (period ending February 2023). Use the history and growth charts on this page for a longer lookback.
For its sector stocks, a profit margin near 21.34% is typical. Invesco High Income 2023 Target Term Fund's -32.3% is lower that level. That is roughly 251.4% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.
Invesco High Income 2023 Target Term Fund's profit margin moves when the underlying profit, equity, or asset base changes. Cost cuts, pricing power, buybacks, write-downs, and cyclical swings can all shift the percentage. The latest reading is -32.3% as of February 2023; use YoY and peer views to separate noise from signal.
Context for IHIT's profit margin usually means three checks: (1) trend versus prior periods, (2) level versus peers (average 21.34%), and (3) consistency with growth and profitability. This page covers the first two; Invesco High Income 2023 Target Term Fund's other metric pages and overview cover the third.