6 analysts have expressed a variety of opinions on Envestnet ENV over the past quarter, offering a diverse set of opinions from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 4 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 1 | 2 | 1 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Analysts have set 12-month price targets for Envestnet, revealing an average target of $62.83, a high estimate of $78.00, and a low estimate of $46.00. This current average represents a 9.38% decrease from the previous average price target of $69.33.
Investigating Analyst Ratings: An Elaborate Study
In examining recent analyst actions, we gain insights into how financial experts perceive Envestnet. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Patrick O'Shaughnessy | Raymond James | Raises | Outperform | $55.00 | $46.00 |
| Devin Ryan | JMP Securities | Lowers | Market Outperform | $76.00 | $78.00 |
| Alex Kramm | UBS | Lowers | Buy | $75.00 | $78.00 |
| Daniel Perlin | RBC Capital | Lowers | Sector Perform | $47.00 | $67.00 |
| Patrick O'Shaughnessy | Raymond James | Lowers | Outperform | $46.00 | $67.00 |
| Devin Ryan | JMP Securities | Lowers | Market Outperform | $78.00 | $80.00 |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Envestnet. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Envestnet compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of Envestnet's stock. This comparison reveals trends in analysts' expectations over time.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of Envestnet's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on Envestnet analyst ratings.
Get to Know Envestnet Better
Envestnet provides wealth-management technology and solutions to registered investment advisors, banks, broker/dealers, and other firms. Its Tamarac platform provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software to high-end RIAs. Envestnet's portfolio management consultants provide research services and consulting services to assist advisors, including vetted third-party managed account products. In November 2015, Envestnet acquired Yodlee, a provider of data aggregation, which is reported in the firm's data and analytics segment. In 2019, Envestnet acquired MoneyGuidePro to bolster its financial planning tools.
Envestnet: A Financial Overview
Market Capitalization Analysis: The company's market capitalization surpasses industry averages, showcasing a dominant size relative to peers and suggesting a strong market position.
Revenue Growth: Envestnet's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 3.31%. This signifies a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: Envestnet's net margin excels beyond industry benchmarks, reaching 2.24%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Envestnet's ROE excels beyond industry benchmarks, reaching 0.97%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Envestnet's ROA stands out, surpassing industry averages. With an impressive ROA of 0.35%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Envestnet's debt-to-equity ratio is below the industry average at 1.33, reflecting a lower dependency on debt financing and a more conservative financial approach.
Analyst Ratings: Simplified
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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