On January 24, 2023, Envestnet Inc. (NYSE: ENV) opened at $66.295, lower -2.00% from the last session. During the day, the shares moved up to $66.34 and dropped to $65.15 before settling in for the closing price of $66.49. Price fluctuations for ENV have ranged from $41.72 to $84.58 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 15.50%. Company’s average yearly earnings per share was noted 513.70% at the time writing. With a float of $52.79 million, this company’s outstanding shares have now reached $55.23 million.
Considering the fact that the conglomerate employs 4375 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +17.88, operating margin of +6.54, and the pretax margin is +1.72.
Envestnet Inc. (ENV) Insider Activity
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The most recent insider transaction that took place on Nov 14, was worth 300,048. In this transaction Chief Legal Officer of this company sold 5,358 shares at a rate of $56.00, taking the stock ownership to the 28,696 shares. Before that another transaction happened on Aug 22, when Company’s SVP, Head of Accounting Mgmt. sold 1,290 for $56.43, making the entire transaction worth $72,792. This insider now owns 25,997 shares in total.
Envestnet Inc. (ENV) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 6/29/2022, the company posted $0.49 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.45) by $0.04. This company achieved a net margin of +1.12 while generating a return on equity of 1.38. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.47 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 513.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to 16.90% growth over the previous five years of trading.
Envestnet Inc. (NYSE: ENV) Trading Performance Indicators
Check out the current performance indicators for Envestnet Inc. (ENV). In the past quarter, the stock posted a quick ratio of 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.79. Likewise, its price to free cash flow for the trailing twelve months is 24.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.90, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 2.13 in one year’s time.
Technical Analysis of Envestnet Inc. (ENV)
Compared to the last year’s volume of 0.55 million, its volume of 0.55 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 70.83%. Additionally, its Average True Range was 1.60.
During the past 100 days, Envestnet Inc.’s (ENV) raw stochastic average was set at 92.14%, which indicates a significant increase from 63.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.70% in the past 14 days, which was lower than the 33.63% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $60.54, while its 200-day Moving Average is $58.40. Nevertheless, the first resistance level for the watch stands at $65.95 in the near term. At $66.74, the stock is likely to face the second major resistance level. The third major resistance level sits at $67.14. If the price goes on to break the first support level at $64.76, it is likely to go to the next support level at $64.36. Should the price break the second support level, the third support level stands at $63.57.
Envestnet Inc. (NYSE: ENV) Key Stats
There are currently 55,326K shares outstanding in the company with a market cap of 3.53 billion. Presently, the company’s annual sales total 1,187 M according to its annual income of 13,300 K. Last quarter, the company’s sales amounted to 306,700 K and its income totaled -7,290 K.