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The Latest Analyst Ratings For Envestnet
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The Latest Analyst Ratings For Envestnet
Apr 2, 2024 11:20 AM

In the latest quarter, 4 analysts provided ratings for Envestnet ( ENV ) , showcasing a mix of bullish and bearish perspectives.

The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 1 2 0 0
Last 30D 1 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 0 0 2 0 0
3M Ago 0 0 0 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $57.0, along with a high estimate of $67.00 and a low estimate of $45.00. Marking an increase of 11.22%, the current average surpasses the previous average price target of $51.25.

Analyzing Analyst Ratings: A Detailed Breakdown

A comprehensive examination of how financial experts perceive Envestnet ( ENV ) is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Peter Heckmann DA Davidson Raises Buy $67.00 $62.00
Patrick O'Shaughnessy Raymond James Raises Outperform $60.00 $52.00
Michael Cho JP Morgan Raises Neutral $45.00 $44.00
Daniel Perlin RBC Capital Raises Sector Perform $56.00 $47.00

Key Insights:

Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Envestnet ( ENV ). This offers insight into analysts' perspectives on the current state of the company.

Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Envestnet ( ENV ) compared to the broader market.

Price Targets: Delving into movements, analysts provide estimates for the future value of Envestnet's ( ENV ) stock. This analysis reveals shifts in analysts' expectations over time.

For valuable insights into Envestnet's ( ENV ) market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Envestnet ( ENV ) analyst ratings.

About Envestnet

Envestnet ( ENV ) 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 ( ENV ) portfolio management consultants provide research services and consulting services to assist advisors, including vetted third-party managed account products. In November 2015, Envestnet ( ENV ) acquired Yodlee, a provider of data aggregation, which is reported in the firm's data and analytics segment. In 2019, Envestnet ( ENV ) acquired MoneyGuidePro to bolster its financial planning tools.

Financial Milestones: Envestnet's Journey

Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.

Revenue Growth: Envestnet's ( ENV ) revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 8.45%. This indicates a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.

Net Margin: Envestnet's ( ENV ) net margin falls below industry averages, indicating challenges in achieving strong profitability. With a net margin of -57.67%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Envestnet's ( ENV ) ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -27.92%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of -9.37%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 1.74, caution is advised due to increased financial risk.

What Are Analyst Ratings?

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.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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