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NYSE:ENV

Envestnet (ENV) Stock Price, News & Analysis

$65.39
-2.58 (-3.80%)
(As of 02:51 PM ET)
Today's Range
$65.20
$68.59
50-Day Range
$56.20
$69.09
52-Week Range
$33.12
$73.04
Volume
211,968 shs
Average Volume
476,004 shs
Market Capitalization
$3.60 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$64.14

Envestnet MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.63 Rating Score
Upside/​Downside
4.2% Downside
$64.14 Price Target
Short Interest
Bearish
7.74% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.96mentions of Envestnet in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$88,493 Bought Last Quarter
Proj. Earnings Growth
20.79%
From $1.78 to $2.15 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.32 out of 5 stars

Business Services Sector

257th out of 314 stocks

Business Services, Not Elsewhere Classified Industry

83rd out of 92 stocks

ENV stock logo

About Envestnet Stock (NYSE:ENV)

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.

ENV Stock Price History

ENV Stock News Headlines

Envestnet, Inc. (ENV)
Jefferies Upgrades Envestnet (ENV)
Q1 2024 Envestnet Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
5/30/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
Internet Software & Services
CUSIP
29404K10
Employees
3,100
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$64.14
High Stock Price Target
$79.00
Low Stock Price Target
$45.00
Potential Upside/Downside
-5.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.63
Research Coverage
8 Analysts

Profitability

Net Income
$-238,720,000.00
Pretax Margin
-16.67%

Debt

Sales & Book Value

Annual Sales
$1.25 billion
Cash Flow
$7.35 per share
Book Value
$10.84 per share

Miscellaneous

Free Float
50,204,000
Market Cap
$3.75 billion
Optionable
Optionable
Beta
1.26
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Key Executives

  • Mr. James Lawrence Fox (Age 72)
    Interim CEO & Chairman
    Comp: $88.25k
  • Mr. William C. CragerMr. William C. Crager (Age 60)
    Co-Founder & Strategic Advisor
    Comp: $1.36M
  • Mr. Joshua B. Warren (Age 44)
    Chief Financial Officer
    Comp: $1.44M
  • Ms. Shelly S. O'Brien J.D. (Age 58)
    Chief Legal Officer, General Counsel & Corporate Secretary
    Comp: $734.38k
  • Ms. Dana Marie D'Auria C.F.A. (Age 47)
    CFA, Co-Chief Investment Officer & Group President of Envestnet Solutions
  • Grace Wagner
    Director of Investor Relations
  • Ms. Sharon Rosenthal
    Chief Human Resources Officer
  • Mr. Matthew J. Majoros (Age 58)
    Senior Vice President of Financial Reporting
  • Mr. Andrew Stavaridis
    Chief Relationship Officer & Group Head of Wealth Solutions Distribution
  • Ms. Molly Weiss
    Group President of Wealth Management Platform

ENV Stock Analysis - Frequently Asked Questions

Should I buy or sell Envestnet stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Envestnet in the last year. There are currently 3 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ENV shares.
View ENV analyst ratings
or view top-rated stocks.

What is Envestnet's stock price target for 2024?

8 brokers have issued twelve-month price targets for Envestnet's stock. Their ENV share price targets range from $45.00 to $79.00. On average, they expect the company's share price to reach $64.14 in the next year. This suggests that the stock has a possible downside of 4.2%.
View analysts price targets for ENV
or view top-rated stocks among Wall Street analysts.

How have ENV shares performed in 2024?

Envestnet's stock was trading at $49.52 at the beginning of the year. Since then, ENV stock has increased by 35.2% and is now trading at $66.95.
View the best growth stocks for 2024 here
.

When is Envestnet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our ENV earnings forecast
.

How were Envestnet's earnings last quarter?

Envestnet, Inc. (NYSE:ENV) announced its earnings results on Tuesday, May, 7th. The business services provider reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates of $0.33 by $0.01. The business services provider had revenue of $324.95 million for the quarter, compared to the consensus estimate of $324.85 million. Envestnet had a negative net margin of 15.33% and a positive trailing twelve-month return on equity of 14.75%.

What guidance has Envestnet issued on next quarter's earnings?

Envestnet issued an update on its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of 0.600-0.650 for the period, compared to the consensus EPS estimate of 0.630. The company issued revenue guidance of $337.0 million-$345.0 million, compared to the consensus revenue estimate of $344.1 million.

What is Bill Crager's approval rating as Envestnet's CEO?

44 employees have rated Envestnet Chief Executive Officer Bill Crager on Glassdoor.com. Bill Crager has an approval rating of 100% among the company's employees. This puts Bill Crager in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Envestnet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Envestnet investors own include Hawkins (HWKN), Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Micron Technology (MU), Chipotle Mexican Grill (CMG), Crown Castle (CCI), Transocean (RIG), Alibaba Group (BABA) and Intel (INTC).

Who are Envestnet's major shareholders?

Envestnet's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.13%), Impactive Capital LP (7.59%), Earnest Partners LLC (2.64%), Janus Henderson Group PLC (2.21%), Clearbridge Investments LLC (2.18%) and Geneva Capital Management LLC (1.95%). Insiders that own company stock include Barbara Turner, Barry D Cooper, Lauren Taylor Wolfe, Matthew Majoros, Shelly O'brien, Stuart Depina and William Crager.
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.

This page (NYSE:ENV) was last updated on 5/30/2024 by MarketBeat.com Staff

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