Envestnet Inc. (NYSE: ENV) kicked off on November 20, 2023, at the price of $37.74, up 4.39% from the previous trading day. During the day, the shares moved up to $39.56 and dropped to $37.54 before settling in for the closing price of $37.82. Over the past 52 weeks, ENV has traded in a range of $33.12-$69.22.
Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 12.78%. While this was happening, its average annual earnings per share was recorded 7.86%. With a float of $53.92 million, this company’s outstanding shares have now reached $54.01 million.
Considering the fact that the conglomerate employs 3429 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is +12.10, operating margin of -2.00, and the pretax margin is -6.33.
Envestnet Inc. (ENV) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Software – Application Industry. The insider ownership of Envestnet Inc. is 1.35%, while institutional ownership is 104.29%. The most recent insider transaction that took place on Jun 29, was worth 40,151. In this transaction SVP, Head of Accounting Mgmt. of this company sold 690 shares at a rate of $58.19, taking the stock ownership to the 29,175 shares. Before that another transaction happened on Jun 21, when Company’s Director bought 2,000 for $54.39, making the entire transaction worth $108,780. This insider now owns 3,534 shares in total.
Envestnet Inc. (ENV) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/29/2023, the organization reported $0.56 earnings per share (EPS), higher than consensus estimate (set at $0.54) by $0.02. This company achieved a net margin of -6.53 while generating a return on equity of -9.46. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.54 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.86% 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 -81.86% drop over the previous five years of trading.
Envestnet Inc. (NYSE: ENV) Trading Performance Indicators
Take a look at Envestnet Inc.’s (ENV) current performance indicators. Last quarter, stock had a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.77. Likewise, its price to free cash flow for the trailing twelve months is 23.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.85, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 2.50 in one year’s time.
Technical Analysis of Envestnet Inc. (ENV)
Compared to the last year’s volume of 0.53 million, its volume of 1.01 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 71.66%. Additionally, its Average True Range was 1.80.
During the past 100 days, Envestnet Inc.’s (ENV) raw stochastic average was set at 21.07%, which indicates a significant decrease from 82.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 70.60% in the past 14 days, which was higher than the 42.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.42, while its 200-day Moving Average is $53.98. Nevertheless, the first resistance level for the watch stands at $40.18 in the near term. At $40.88, the stock is likely to face the second major resistance level. The third major resistance level sits at $42.20. If the price goes on to break the first support level at $38.16, it is likely to go to the next support level at $36.84. Now, if the price goes above the second support level, the third support stands at $36.14.
Envestnet Inc. (NYSE: ENV) Key Stats
The company with the Market Capitalisation of 2.16 billion has total of 54,656K Shares Outstanding. Its annual sales at the moment are 1,240 M in contrast with the sum of -80,940 K annual income. Company’s last quarter sales were recorded 316,850 K and last quarter income was 7,090 K.