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Envestnet Inc (ENV)

NYSE
Currency in USD
63.14
0.00(0.00%)
Closed
Fair Value
Day's Range
63.1363.50
52 wk Range
41.5673.04
Key Statistics
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Prev. Close
63.14
Open
63.14
Day's Range
63.13-63.5
52 wk Range
41.56-73.04
Volume
-
Average Vol. (3m)
833.31K
1-Year Change
48.32%
Book Value / Share
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Fair Value
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Fair Value Upside
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Company’s Health
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Envestnet Inc Company Profile

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. As of November 25, 2024, Envestnet, Inc. was taken private.

Employees
3085

Envestnet Inc SWOT Analysis


Future Outlook
Analyst targets range from $64 to $79, as Envestnet navigates challenges like client attrition and fee pressures while leveraging growth opportunities
Market Momentum
Explore Envestnet's impressive $32.7 billion Q1 net flows, the strongest since 2015, indicating robust market position and solution attractiveness
Strategic Partnerships
Delve into Envestnet's collaboration with FNZ, set to scale in 2024-2025, potentially revolutionizing RIA, Trust, and broker-dealer solutions
Financial Prowess
Envestnet surpasses earnings expectations with a 30% YoY increase in adjusted EPS, showcasing effective expense management and operational efficiency
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Envestnet Inc Earnings Call Summary for Q3/2024

  • Envestnet reports 11% YoY revenue growth to $348M in Q2 2024, exceeding forecasts; Adjusted EBITDA at $78M with 22% margin
  • Adjusted EPS of $0.55, up 20% YoY but below guidance; Company announces definitive agreement for acquisition by Bain Capital
  • Advisor count grew 3% to over 110,000; Wealth solutions revenue up to $312M+ with 18% increase in asset-based revenue
  • Data and analytics business revenue declined 1% YoY; Company expects Bain acquisition to close in Q4, pending approvals
  • No Q&A session held due to pending Bain Capital transaction; Company focuses on client relationships and organic growth
Last Updated: 08/13/2024, 06:16 AM
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Compare ENV to Peers and Sector

Metrics to compare
ENV
Peers
Sector
Relationship
P/E Ratio
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PEG Ratio
0.000.000.00
Price / Book
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Price / LTM Sales
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Upside (Analyst Target)
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Fair Value Upside
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FAQ

What Is the Envestnet (ENV) Stock Price Today?

The Envestnet stock price today is 63.14

What Stock Exchange Does Envestnet Trade On?

Envestnet is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Envestnet?

The stock symbol for Envestnet is "ENV."

What Is the Envestnet Market Cap?

As of today, Envestnet market cap is 3.49B.

What is Envestnet Earnings Per Share?

The Envestnet EPS is -4.76.

What Is the Next Envestnet Earnings Date?

Envestnet will release its next earnings report on Feb 20, 2025.

From a Technical Analysis Perspective, Is ENV a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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