A new trading day began on Tuesday, with Envestnet Inc. (NYSE: ENV) stock price down -0.22% from the previous day of trading, before settling in for the closing price of $62.61. ENV’s price has ranged from $33.12 to $73.04 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 9.10%. Meanwhile, its annual earnings per share averaged 23.15%. With a float of $54.55 million, this company’s outstanding shares have now reached $54.77 million.
The extent of productivity of a business whose workforce counts for 3100 workers is very important to gauge. In terms of profitability, gross margin is 58.74%, operating margin of -11.91%, and the pretax margin is -20.61%.
Envestnet Inc. (ENV) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Envestnet Inc. is 1.25%, while institutional ownership is 106.19%. The most recent insider transaction that took place on Mar 25 ’24, was worth 39,844. In this transaction Principal Accounting Officer of this company sold 700 shares at a rate of $56.92, taking the stock ownership to the 15,212 shares. Before that another transaction happened on Mar 15 ’24, when Company’s Director bought 1,670 for $52.99, making the entire transaction worth $88,493. This insider now owns 4,188,871 shares in total.
Envestnet Inc. (ENV) Performance Highlights and Predictions
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.56 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.76 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 23.15% per share during the next fiscal year.
Envestnet Inc. (NYSE: ENV) Trading Performance Indicators
Here are Envestnet Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.64. Likewise, its price to free cash flow for the trailing twelve months is 17.32.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.61, a number that is poised to hit 0.69 in the next quarter and is forecasted to reach 3.11 in one year’s time.
Technical Analysis of Envestnet Inc. (ENV)
The latest stats from [Envestnet Inc., ENV] show that its last 5-days average volume of 0.9 million was superior to 0.69 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 46.83%. Additionally, its Average True Range was 0.25.
During the past 100 days, Envestnet Inc.’s (ENV) raw stochastic average was set at 25.14%, which indicates a significant increase from 6.25% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.31% in the past 14 days, which was lower than the 17.16% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $62.38, while its 200-day Moving Average is $58.21. Now, the first resistance to watch is $62.58. This is followed by the second major resistance level at $62.70. The third major resistance level sits at $62.76. If the price goes on to break the first support level at $62.40, it is likely to go to the next support level at $62.34. Assuming the price breaks the second support level, the third support level stands at $62.22.
Envestnet Inc. (NYSE: ENV) Key Stats
With a market capitalization of 3.45 billion, the company has a total of 55,109K Shares Outstanding. Currently, annual sales are 1,246 M while annual income is -238,720 K. The company’s previous quarter sales were 348,270 K while its latest quarter income was -79,200 K.
