Envestnet, Inc , together with its subsidiaries, provides wealth management software and services in the United States and internationally.
infoEnvestnet is a mid cap stock with a total market cap of 2.86B.
infoThey trade on the NYSE and had their IPO 13 years ago.
infoEnvestnet currently employs 3429 people.
infoAs of Wednesday, Aug 23 2023, Envestnet’s share price is $52.43.
News Relating to Envestnet
Zacks Investment Research
Why You Should Hold on to Envestnet (ENV) Stock for Now
Friday Aug 18 2023 at 14:04
Envestnet, Inc. ENV is currently banking on its strong revenue generation capacity, prudent investments and technology development.
Zacks Investment Research
Envestnet (ENV) Earnings Match Estimates in Q2, Shares Still
Friday Aug 11 2023 at 13:47
Envestnet’s (ENV) second-quarter 2023 revenues and earnings fail to grow year over year, owing to decrease in asset based recurring revenues.
Seeking Alpha
Envestnet, Inc. (ENV) Q2 2023 Earnings Call Transcript
Sunday Aug 06 2023 at 08:28
Envestnet, Inc. (NYSE:ENV ) Q2 2023 Earnings Conference Call August 3, 2023 5:00 PM ET Company Participants Pete D’Arrigo – Chief Financial Officer Bill Crager – Chief Executive Officer Conference Call Participants Michael Cho – JPMorgan Devin Ryan – JMP Security Pete Heckmann – DA Davidson Surinder Thind – Jefferies Operator Greetings, and welcome to the Envestnet Second Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Zacks Investment Research
Envestnet (ENV) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Thursday Aug 03 2023 at 22:31
While the top- and bottom-line numbers for Envestnet (ENV) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Zacks Investment Research
Envestnet (ENV) Q2 Earnings Meet Estimates
Thursday Aug 03 2023 at 20:16
Envestnet (ENV) came out with quarterly earnings of $0.46 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.49 per share a year ago.
Seeking Alpha
AssetMark Sees Asset Inflow Improvement But Leading Indicators Are Cloudy
Friday Jul 28 2023 at 19:04
AssetMark Sees Asset Inflow Improvement But Leading Indicators Are Cloudy
Zacks Investment Research
Reasons Why Envestnet (ENV) Stock is an Attractive Pick Now
Friday Jul 14 2023 at 14:54
Envestnet’s (ENV) business model ensures solid asset-based and subscription-based recurring revenue-generation capacity.
Seeking Alpha
Envestnet Guides To Slow Revenue Growth In 2023
Monday Jul 03 2023 at 14:58
Envestnet provides a suite of wealth management software and related services in the U.S. and overseas. The company is exposed to the challenged banking sector in its customer base, and management has guided to only 2% topline revenue growth in 2023. Until leadership proves its ability to reignite revenue growth, I’m Neutral (Hold) on Envestnet.
Zacks Investment Research
Envestnet (ENV) Stock Gains 11.5% in a Month: Here’s How
Friday Jun 30 2023 at 13:42
Envestnet (ENV) continues to focus on technology development with a view to improving operational efficiency.
Zacks Investment Research
Why You Should Hold on to Envestnet (ENV) Stock for Now
Wednesday Jun 07 2023 at 13:04
Envestnet (ENV) remains focused on increasing its share of the addressable market, consisting of enterprise clients in wealth management, financial advisors and financial institutions.
Seeking Alpha
Envestnet, Inc. (ENV) Q1 2023 Earnings Call Transcript
Saturday May 06 2023 at 10:54
Envestnet, Inc. (NYSE:ENV ) Q1 2023 Earnings Conference Call May 4, 2023 5:00 PM ET Company Participants Pete D’Arrigo – Chief Financial Officer Bill Crager – Chief Executive Officer Conference Call Participants Michael Falco – JMP Securities Michael Cho – JPMorgan Alex Kramm – UBS Surinder Thind – Jefferies Operator Greetings, and welcome to the Envestnet First Quarter 2023 Earnings Conference Call. [Operator Instructions] As a reminder this conference is being recorded.
Zacks Investment Research
All You Need to Know About Envestnet (ENV) Rating Upgrade to Strong Buy
Friday May 05 2023 at 13:41
Envestnet (ENV) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Zacks Investment Research
Envestnet (ENV) Reports Q1 Earnings: What Key Metrics Have to Say
Thursday May 04 2023 at 23:34
Although the revenue and EPS for Envestnet (ENV) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Zacks Investment Research
Envestnet (ENV) Surpasses Q1 Earnings Estimates
Thursday May 04 2023 at 20:30
Envestnet (ENV) came out with quarterly earnings of $0.46 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.47 per share a year ago.
Business Wire
Envestnet to Announce First Quarter 2023 Results on May 4, 2023
Thursday Apr 20 2023 at 08:30
BERWYN, Pa.–(BUSINESS WIRE)–Envestnet (NYSE: ENV), a leading provider of intelligent systems for wealth management and financial wellness, today announced that the Company will release first quarter 2023 financial results on Thursday, May 4, 2023 after market close. The Company will host a conference call and earnings webcast to discuss first quarter 2023 financial results on Thursday, May 4, 2023 at 5:00pm ET.
Reuters
Envestnet names three new directors, ends board fight with Impactive Capital
Tuesday Mar 28 2023 at 09:27
Envestnet Inc. on Tuesday said it has added three new directors to end a board challenge from activist investment firm Impactive Capital that had been pushing the financial technology company to improve its performance by cutting costs.
Zacks Investment Research
Envestnet (ENV) Stock Gains 13.5% in 6 Months: Here’s How
Thursday Mar 23 2023 at 12:13
Envestnet (ENV) continues to focus on technology development with a view to improving operational efficiency.
Zacks Investment Research
Envestnet (ENV) Rides on Strong Revenue Generation Capacity
Tuesday Mar 07 2023 at 10:32
Envestnet (ENV) has a strong asset-based and subscription-based recurring-revenue generation capacity.
Zacks Investment Research
Envestnet (ENV) Stock Rises 2% Following Q4 Earnings Beat
Monday Feb 27 2023 at 12:03
Envestnet’s (ENV) fourth-quarter 2022 earnings and revenues decline year over year.
Seeking Alpha
Envestnet, Inc. (ENV) Q4 2022 Earnings Call Transcript
Thursday Feb 23 2023 at 20:44
Envestnet, Inc. (NYSE:ENV ) Q4 2022 Results Conference Call February 23, 2023 5:00 PM ET Company Participants Brian Shipman – Head of Investor Relations Bill Crager – Chief Executive Officer Pete D’Arrigo – Chief Financial Officer Conference Call Participants Michael Falco – JMP Securities Surinder Thind – Jefferies Patrick O’Shaughnessy – Raymond James Operator Greetings, and welcome to the Envestnet Fourth Quarter and Full Year 2022 Earnings Conference Call. At this time, all participants are in a listen only mode.
Zacks Investment Research
Envestnet (ENV) Q4 Earnings Beat Estimates
Thursday Feb 23 2023 at 19:34
Envestnet (ENV) delivered earnings and revenue surprises of 4.65% and 1.15%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Seeking Alpha
Envestnet: Best Nearby Infotech Software Cap-Gain Stock Prospect
Tuesday Jan 31 2023 at 01:04
“Best” of dozens, based on stock price change outlook seen by the pro market-making community as they serve their big-$ institutional investment clients managing multi-billion-$ portfolios. “Best” as the MM community arranges multi-thousand share trades among “institutions” by buying price-change-risk insurance to protect their firm’s capital temporarily risked to match buyer with seller share volume.
Zacks Investment Research
Reasons Why Envestnet (ENV) Stock is an Attractive Pick
Wednesday Jan 25 2023 at 12:02
Envestnet’s (ENV) business model ensures solid asset-based and subscription-based recurring revenue-generation capacity.
Zacks Investment Research
Envestnet (ENV) Stock Gains 33% in 3 Months: Here’s Why
Wednesday Jan 04 2023 at 09:02
Envestnet’s (ENV) business model ensures solid asset-based and subscription-based recurring revenue-generation capacity.
Zacks Investment Research
Why You Should Hold Envestnet (ENV) Stock in Your Portfolio Now
Tuesday Dec 20 2022 at 09:02
Recurring revenue-generation capacity and technology development boost Envestnet (ENV).
Zacks Investment Research
Why Is Envestnet (ENV) Up 29% Since Last Earnings Report?
Thursday Dec 08 2022 at 12:48
Envestnet (ENV) reported earnings 30 days ago. What’s next for the stock?
Business Wire
Envestnet to Participate in Upcoming Investor Conferences
Monday Dec 05 2022 at 16:05
BERWYN, Pa.–( BUSINESS WIRE )–Envestnet, Inc. (NYSE: ENV), a leading provider of intelligent systems for wealth management and financial wellness, today announced that the Company will be participating in the following investor conferences:
CNBC
Impactive Capital takes an unprecedented step to seek change at Envestnet. This is what could happen next
Saturday Nov 19 2022 at 08:04
A potential proxy fight is brewing between Impactive Capital and Envestnet.
Zacks Investment Research
Why You Should Retain Envestnet (ENV) in Your Portfolio Now
Wednesday Nov 16 2022 at 17:18
Recurring revenue-generation capacity and technological advancement aid Envestnet (ENV).
Seeking Alpha
Envestnet, Inc. (ENV) Q3 2022 Earnings Call Transcript
Saturday Nov 12 2022 at 16:01
Envestnet, Inc. (NYSE:ENV ) Q3 2022 Results Conference Call November 8, 2022 5:00 PM ET Company Participants Brian Shipman – Head, IR Bill Crager – CEO Pete D’Arrigo – CFO Conference Call Participants Devin Ryan – JMP Securities Alex Kramm – UBS Surinder Thind – Jefferies Peter Heckmann – D.A. Davidson Jeff Schmitt – William Blair Patrick O’Shaughnessy – Raymond James Ryan Bailey – Goldman Sachs Operator Greetings.
Envestnet Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
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Envestnet’s Altman Z-score is -0.05 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Envestnet Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, 1 insider has sold $40.15K of common stock in Envestnet on the stock market with no insider buying.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Envestnet’s Income Quality of -1.4 is lower than its Industry Group of 0.59 (-337.3% lower)
Envestnet’s Income Quality of -1.4 is lower than its Major Industry Group of 0.42 (-433.3% lower)
Envestnet’s Income Quality of -1.4 is lower than its Sector of 0.5 (-380.0% lower)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
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Envestnet’s Current Ratio of 0.73 is lower than its Industry Group of 1.69 (-56.8% lower)
Envestnet’s Current Ratio of 0.73 is lower than its Major Industry Group of 1.69 (-56.8% lower)
Envestnet’s Current Ratio of 0.73 is lower than its Sector of 1.59 (-54.1% lower)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
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Cannot compare a negative PE Ratio (-0.12 & -0.08)
Cannot compare a negative PE Ratio (-0.12 & -0.68)
Cannot compare a negative PE Ratio (-0.12 & -0.29)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
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Cannot compute a percentage difference when there are zeros in the calculation
Cannot compute a percentage difference when there are zeros in the calculation
Cannot compute a percentage difference when there are zeros in the calculation
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
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Envestnet’s ROE of -0.03 is lower than its Industry Group of 0.01 (-400.0% lower)
Envestnet’s ROE of -0.03 is greater than its Major Industry Group of -0.06 (50.0% greater)
Envestnet’s ROE of -0.03 is greater than its Sector of -0.04 (25.0% greater)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
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Envestnet’s ROCE of -0.01 is lower than its Industry Group of 0.02 (-150.0% lower)
Envestnet’s ROCE of -0.01 is greater than its Major Industry Group of -0.03 (66.7% greater)
Envestnet’s ROCE of -0.01 is greater than its Sector of -0.02 (50.0% greater)
Derived from SEC.GOV filing dataopen_in_new