IHIT

Invesco High Income 2023 Target Term Fund [IHIT] Stock Forecast

Buy or Sell ? Support and Resistance

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RSI : 000

IHIT Stock Summary

In the News

05:37 28 Mar 2024 IHIT

CEF Weekly Review: High Premium Funds Fold

We review CEF market valuation and performance through the fourth week of October and highlight recent market action. CEFs experienced another tough week, with most sectors in the red for the month of October. October once again highlighted the procyclical nature of CEF discounts, with high premium funds deflating more during difficult market periods.

06:12 28 Mar 2024 IHIT

CEF Weekly Review: What Drives CEF Portfolio Turnover Costs?

CEF Weekly Review: What Drives CEF Portfolio Turnover Costs?

05:40 28 Mar 2024 IHIT

CEF Weekly Review: Is There Value In Knowing CEF Institutional Investor Holdings?

We review CEF market valuation and performance through the last week of September and highlight recent market action. CEFs finished September on a weak note, with all sector NAVs moving lower as Treasuries and stocks fell. Investors should be careful in assuming some level of institutional ownership indicates a buy signal for a given CEF.

11:11 28 Mar 2024 IHIT

IHIT: Disappointing Performance (Rating Downgrade)

The Invesco High Income 2023 Target Term Fund is a closed-end fund that invests in commercial mortgage-backed securities. The CMBS market is facing a debt maturity wall, with the current interest rate environment making it difficult for borrowers to refinance. IHIT has a term structure that means it will have to liquidate its portfolio by December 2023, even if the underlying assets are underwater.

09:58 28 Mar 2024 IHIT

CEF Weekly Review: Analysis Mistakes Can Lead Investors Astray

We review CEF market valuation and performance through the fourth week of June and highlight recent market action. CEFs gave back some of their previous rallies as risk sentiment pulled back. We take a look at a couple of misconceptions we came across this week with regard to CEFs and which can lead investors astray in their allocation decisions.

01:59 28 Mar 2024 IHIT

CEF Weekly Review: Watch Out For CEF Triple Whammies

We review CEF market valuation and performance through the third week of June and highlight recent market action. CEFs were mostly up on the week due to improving risk sentiment. We discuss a common CEF triple whammy that investors ought to be aware of.

06:13 28 Mar 2024 IHIT

CEF Weekly Review: Term CEFs Continue To Be Misunderstood

We review CEF market valuation and performance through the third week of May and highlight recent market action. CEFs were mostly down on the week as rising Treasury yields were the key headwind.

09:00 28 Mar 2024 IHIT

IHIT Vs. BSCN: 2 Invesco Bond Funds That Terminate In 2023

The Invesco High Income 2023 Target Term Fund (IHIT) terminates near 12/1/23, with a payout goal of $9.835. The Invesco BulletShares 2023 Corporate Bond ETF (BSCN) terminates near 12/15/23. Unlike IHIT, Invesco did not set a payout goal for this ETF.

10:10 28 Mar 2024 IHIT

IHIT: You Could Get An 8% Risk-Free Return Here In 2023

Invesco High Income 2023 Target Term Fund is a CMBS closed end fund. The CEF has a December 1, 2023 target liquidation date.

04:31 28 Mar 2024 IHIT

Quality Closed-End Fund Report, February 2022

Only funds with coverage >100% are considered. Top lists of discount, yield, DxY and DxYxZ are given. Top DxYxZ funds are EHI, JPI and WEA.

IHIT Financial details

Company Rating
-
Market Cap
167.09M
Income
-6.1M
Revenue
18.87M
Book val./share
8.4
Cash/share
0
Dividend
0.34
Dividend %
4.91%
Employees
-
Optionable
No
Shortable
Yes
Earnings
-
P/E
-39.27
Forward P/E
-
PEG
2.64
P/S
17.89
P/B
0.82
P/C
-
P/FCF
857.55
Quick Ratio
4.88
Current Ratio
8.71
Debt / Equity
0.39
LT Debt / Equity
0.39
-
-
EPS (TTM)
-0.25
EPS next Y
-
EPS next Q
-
EPS this Y
-148.08%
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
NAN%
Revenue last 5Y
NAN%
Revenue Q/Q
-
EPS Q/Q
-
-
-
-
-
SMA20
-
SMA50
-
SMA100
-
Inst Own
30.66%
Inst Trans
1.03%
ROA
-2%
ROE
-2%
ROC
0.03%
Gross Margin
100%
Oper. Margin
87%
Profit Margin
-46%
Payout
-120%
Shs Outstand
24.15M
Shs Float
0
-
-
-
-
Target Price
-
52W Range
6.56-8.325
52W High
-13.5%
52W Low
+15.33%
RSI
58
Rel Volume
0.73
Avg Volume
145.28K
Volume
105.35K
Perf Week
0%
Perf Month
1.02%
Perf Quarter
-
Perf Half Y
-1.84%
-
-
-
-
Beta
0.307
-
-
Volatility
0%, 0.03%
Prev Close
0%
Price
6.92
Change
0%

IHIT Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-02-28

Metric History 2019-02-282020-02-292021-02-282022-02-28 2023-02-28
2.02K2.02K2.02K2.02K2.02K
Revenue per share
0.861.03-0.860.53-0.24
Net income per share
0.851.01-0.870.52-0.25
Operating cash flow per share
0.570.60.830.340.45
Free cash flow per share
0.570.60.830.340.45
Cash per share
0.020.0200.040
Book value per share
10.2110.79.219.038.4
Tangible book value per share
10.2110.79.219.038.4
Share holders equity per share
10.2110.79.219.038.4
Interest debt per share
3.463.483.413.333.44
Market cap
243.63M247.69M217.97M214.33M197.51M
Enterprise value
323.07M327.11M297.84M293.3M276.94M
P/E ratio
11.9410.3-10.4916.92-32.4
Price to sales ratio
11.7710.12-10.616.58-34.34
POCF ratio
17.7917.3610.9425.8518.14
PFCF ratio
17.7917.3610.9425.8518.14
P/B Ratio
0.990.970.990.970.97
PTB ratio
0.990.970.990.970.97
EV to sales
15.613.37-14.4822.69-48.15
Enterprise value over EBITDA
-189.48548.42-7.64-76.62-11.88
EV to operating cash flow
23.622.9314.9535.3825.43
EV to free cash flow
23.622.9314.9535.3825.43
Earnings yield
0.080.1-0.10.06-0.03
Free cash flow yield
0.060.060.090.040.06
Debt to equity
0.330.310.360.360.39
Debt to assets
0.250.240.270.270.28
Net debt to EBITDA
-46.59133.15-2.05-20.63-3.41
Current ratio
8.845.275.956.38.71
Interest coverage
5.995.8412.0214.975.53
Income quality
0.670.59-0.960.65-1.79
Dividend Yield
0.060.060.060.060.06
Payout ratio
0.70.59-0.670.99-1.81
Sales general and administrative to revenue
0.010.01-0.010.02-0.06
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
00000
Graham number
13.9715.613.4310.286.91
ROIC
0.060.05-0.050.07-0.16
Return on tangible assets
0.060.07-0.070.04-0.02
Graham Net
-3.27-3.27-3.31-3.22-3.28
Working capital
1.97M2.72M1.29M2.04M2.39M
Tangible asset value
244.95M254.88M219.89M220.01M202.9M
Net current asset value
-78.04M-77.29M-78.72M-77.99M-77.63M
Invested capital
0.330.310.360.360.39
Average receivables
1.59M2.22M2.11M1.41M1.4M
Average payables
115.68K98.25K93.07K86.56K73.2K
Average inventory
00000
Days sales outstanding
29.2141.5-25.3839.54-89.03
Days payables outstanding
06.5-0.9600
Days of inventory on hand
00000
Receivables turnover
12.58.79-14.389.23-4.1
Payables turnover
056.12-381.1300
Inventory turnover
00000
ROE
0.080.09-0.090.06-0.03
Capex per share
00000

Quarterly Fundamentals Overview

Last date of statement is 2023-02-28 for Q4

Metric History 2022-02-282022-05-312022-08-312022-11-30 2023-02-28
2.02K2.02K2.02K2.02K2.02K
Revenue per share
0.190.20.20.190.19
Net income per share
-0.02-0.04-0.04-0.09-0.09
Operating cash flow per share
0.130.220.2200
Free cash flow per share
0.130.220.2200
Cash per share
0.040.070.070.020
Book value per share
9.118.798.798.48.4
Tangible book value per share
9.118.798.798.48.4
Share holders equity per share
9.118.798.798.48.4
Interest debt per share
3.313.313.313.343.34
Market cap
212.43M210.5M207.12M209.58M197.51M
Enterprise value
291.4M208.87M285.49M209.01M276.94M
P/E ratio
-90.2-57.17-56.25-24.63-23.21
Price to sales ratio
46.544.1943.4844.8742.29
POCF ratio
69.4839.3638.732.15K2.03K
PFCF ratio
69.4839.3638.732.15K2.03K
P/B Ratio
0.970.990.981.030.97
PTB ratio
0.970.990.981.030.97
EV to sales
63.7943.8459.9344.7559.29
Enterprise value over EBITDA
-63.81-40.83-55.81-30.56-40.49
EV to operating cash flow
95.3139.0653.382.15K2.84K
EV to free cash flow
95.3139.0653.382.15K2.84K
Earnings yield
000-0.01-0.01
Free cash flow yield
0.010.030.0300
Debt to equity
0.360.380.380.390.39
Debt to assets
0.270.270.270.280.28
Net debt to EBITDA
-17.290.32-15.320.08-11.61
Current ratio
6.30.750.758.718.71
Interest coverage
0006.186.18
Income quality
-5.19-5.81-5.81-0.05-0.05
Dividend Yield
0.010.010.010.010.01
Payout ratio
-5.14-3.23-3.23-1.2-1.2
Sales general and administrative to revenue
0.130.120.120.130.13
Research and developement to revenue
00000
Intangibles to total assets
00000
Capex to operating cash flow
00000
Capex to revenue
00000
Capex to depreciation
00000
Stock based compensation to revenue
00000
Graham number
2.242.752.754.084.08
ROIC
-0.09-0.07-0.07-0.03-0.03
Return on tangible assets
000-0.01-0.01
Graham Net
-3.25-3.46-3.41-3.3-3.28
Working capital
2.04M-1.29M-1.29M2.39M2.39M
Tangible asset value
220.01M212.24M212.24M202.9M202.9M
Net current asset value
-77.99M-81.32M-81.32M-77.63M-77.63M
Invested capital
0.360.380.380.390.39
Average receivables
700.09K700.09K840.73K840.73K701.44K
Average payables
36.14K2.51M4.98M2.51M37.06K
Average inventory
00000
Days sales outstanding
27.59031.77027.03
Days payables outstanding
00000
Days of inventory on hand
00000
Receivables turnover
3.2602.8303.33
Payables turnover
00000
Inventory turnover
00000
ROE
000-0.01-0.01
Capex per share
00000

IHIT Frequently Asked Questions

What is Invesco High Income 2023 Target Term Fund stock symbol ?

Invesco High Income 2023 Target Term Fund is a US stock , located in Atlanta of Ga and trading under the symbol IHIT

What is Invesco High Income 2023 Target Term Fund stock quote today ?

Invesco High Income 2023 Target Term Fund stock price is $6.92 today.

Is Invesco High Income 2023 Target Term Fund stock public?

Yes, Invesco High Income 2023 Target Term Fund is a publicly traded company.

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