Envestnet (ENV) Stock Price, News & Analysis

Company Overview

Envestnet, Inc., through its subsidiaries, provides wealth management software and services in the United States and internationally. It operates through two segments: Envestnet Wealth Solutions and Envestnet Data & Analytics. The Envestnet Wealth Solutions segment offers Envestnet | Enterprise, an end-to-end open architecture wealth management platform, as well as offers data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Wealth Analytics that transforms data into actionable intelligence; Envestnet | Tamarac which provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software; and Envestnet | MoneyGuide that provides goals-based financial planning solutions to the financial services industry. This segment also provides Envestnet | Workplace Solutions which offers a suite of services for advisor-sold retirement plans; Envestnet | PMC that offer research and consulting services to assist advisors in creating investment solutions, and portfolio overlay and tax optimization services; and Envestnet | Billing Solutions which provides revenue management and hosted fee-billing solutions. The Envestnet Data & Analytics segment provides Envestnet Data & Analytics, a data aggregation, analytics, and digital experiences platform that provides clients and their account holders with data connectivity via open APIs, data enrichment, AI-based analytics, and digital experiences. It serves retail banks, credit unions, credit card providers, wealth management financial advisors and institutions, financial technology innovators, financial advisory firms, research and analyst firms, personal financial management, small business accounting, e-commerce, payment solutions providers, small business lending, and authentication customers. The company was founded in 1999 and is headquartered in Berwyn, Pennsylvania.

Key Stats

• Today's Range: $63.14 to $63.14
• 50-Day Range: $62.70 to $63.15
• 52-Week Range: $36.43 to $73.04
• Volume: N/A
• Average Volume: 724,204 shs
• Market Capitalization: $3.49 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $61.88
• Consensus Rating: Hold

Envestnet Stock Analysis - MarketRank™

Envestnet scored higher than 5% of companies evaluated by MarketBeat, and ranked 327th out of 333 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Envestnet has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 1 buy rating, 7 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Envestnet has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 25.86%

Earnings Growth

Earnings for Envestnet are expected to grow by 25.86% in the coming year, from $1.74 to $2.19 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Envestnet is -13.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Envestnet is -13.24, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Envestnet has a P/B Ratio of 6.01. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ENV.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Envestnet does not currently pay a dividend.

Dividend Growth

Envestnet does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ENV.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Envestnet this week, compared to 5 articles on an average week.

Search Interest

Only 1 people have searched for ENV on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Envestnet insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 8.90% of the stock of Envestnet is held by insiders.

ENV Stock Analysis - Frequently Asked Questions

How have ENV shares performed this year?

Envestnet's stock was trading at $49.52 at the start of the year. Since then, ENV stock has increased by 27.5% and is now trading at $63.14.
View the best growth stocks for 2024 here.

How were Envestnet's earnings last quarter?

Envestnet, Inc. (NYSE:ENV) released its quarterly earnings data on Friday, August, 9th. The business services provider reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.62 by $0.07. Envestnet's revenue was up 11.5% compared to the same quarter last year.

Who are Envestnet's major shareholders?

Envestnet's top institutional investors include Geode Capital Management LLC (2.05%), FMR LLC (2.03%), Geneva Capital Management LLC (1.56%) and Westchester Capital Management LLC (1.32%). Insiders that own company stock include Lauren Taylor Wolfe, William Crager, Barry D Cooper, Shelly O'brien, Matthew Majoros, Barbara Turner and Stuart Depina.
View institutional ownership trends.

How do I buy shares of Envestnet?

Shares of ENV stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Envestnet own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Envestnet investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AUO (AUOTY).

Company Calendar

• Last Earnings: 8/09/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Business services, not elsewhere classified
• Sub-Industry: Internet Software & Services
• Current Symbol: NYSE:ENV
• CUSIP: 29404K10
• CIK: 1337619
• Web: www.envestnet.com
• Phone: (312) 827-2800
• Fax: 312-827-2801
• Employees: 3,100
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $61.88
• High Stock Price Target: $79.00
• Low Stock Price Target: $45.00
• Potential Upside/Downside: -2.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.13
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($4.77)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 36.29
• P/E Growth: N/A
• Net Income: $-238,720,000.00
• Net Margins: -19.56%
• Pretax Margin: -20.04%
• Return on Equity: 20.65%
• Return on Assets: 6.21%

Debt

• Debt-to-Equity Ratio: 1.07
• Current Ratio: 0.59
• Quick Ratio: 0.59

Sales & Book Value

• Annual Sales: $1.34 billion
• Price / Sales: 2.61
• Cash Flow: $7.39 per share
• Price / Cash Flow: 8.54
• Book Value: $10.51 per share
• Price / Book: 6.01

Miscellaneous

• Outstanding Shares: 55,346,000
• Free Float: 50,420,000
• Market Cap: $3.49 billion
• Optionable: Optionable
• Beta: 1.25