ENV vs. CNXC, CBZ, FLYW, DLO, PAY, FA, WNS, WU, EXLS, and PAYO
Should you be buying Envestnet stock or one of its competitors? The main competitors of Envestnet include Concentrix (CNXC), CBIZ (CBZ), Flywire (FLYW), DLocal (DLO), Paymentus (PAY), First Advantage (FA), WNS (WNS), Western Union (WU), ExlService (EXLS), and Payoneer Global (PAYO). These companies are all part of the "business services, not elsewhere classified" industry.
Envestnet (NYSE:ENV) and Concentrix (NASDAQ:CNXC) are both mid-cap business services companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, dividends, community ranking, analyst recommendations, earnings, risk, valuation, institutional ownership and media sentiment.
Concentrix has higher revenue and earnings than Envestnet. Envestnet is trading at a lower price-to-earnings ratio than Concentrix, indicating that it is currently the more affordable of the two stocks.
In the previous week, Envestnet had 3 more articles in the media than Concentrix. MarketBeat recorded 10 mentions for Envestnet and 7 mentions for Concentrix. Concentrix's average media sentiment score of 0.95 beat Envestnet's score of 0.68 indicating that Concentrix is being referred to more favorably in the news media.
90.3% of Concentrix shares are held by institutional investors. 8.9% of Envestnet shares are held by company insiders. Comparatively, 3.0% of Concentrix shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Envestnet presently has a consensus target price of $63.67, suggesting a potential upside of 1.40%. Concentrix has a consensus target price of $74.75, suggesting a potential upside of 33.17%. Given Concentrix's higher probable upside, analysts clearly believe Concentrix is more favorable than Envestnet.
Envestnet received 339 more outperform votes than Concentrix when rated by MarketBeat users. Likewise, 59.23% of users gave Envestnet an outperform vote while only 48.57% of users gave Concentrix an outperform vote.
Envestnet has a beta of 1.31, suggesting that its share price is 31% more volatile than the S&P 500. Comparatively, Concentrix has a beta of 0.48, suggesting that its share price is 52% less volatile than the S&P 500.
Concentrix has a net margin of 3.53% compared to Envestnet's net margin of -19.17%. Concentrix's return on equity of 17.70% beat Envestnet's return on equity.
Summary
Concentrix beats Envestnet on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ENV and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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