Envestnet, Inc. (ENV) Stock: A Service Stock That’s Seeing Strong Gains

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Envestnet, Inc. (ENV) is making a move up in the market today. The stock, one that is focused in the service industry, is currently trading at $64.10 after climbing -3.45% so far in today’s session. In terms of service sector stocks, there are several aspects that have the ability to lead to gains in the market. News is one of the most common reasons for movement. Here are the recent headlines centered around ENV:

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Mar-15-19 05:42PM Weeks Best: Envestnets Purchase, Wells Fargos Culture
04:17PM Envestnet Acquires MoneyGuide
Mar-14-19 04:07PM Envestnet to Acquire PIEtech®, Creator of MoneyGuide Financial Planning Applications
Mar-01-19 02:48PM Envestnet Inc (ENV) Files 10-K for the Fiscal Year Ended on December 31, 2018
Feb-27-19 09:00AM Envestnet Insurance Exchange Launches Platform With Six Carriers

Nonetheless, when making an investing decision, prospective investors should focus on far more than news, especially in the ever incredibly complex service space. Here’s what’s happing when it comes to Envestnet, Inc..

Performance Trends That We’ve Seen From ENV

While a move toward the top in a single session, like what we’re seeing from Envestnet, Inc. might make some investors fearful, that by itself should not be the reason for a decision to, or not to, invest in a stock. It is always a good idea to look into trends experienced by the stock just a single trading day. In the case of ENV, below are the movements that investors have experienced:

  • Past 5 Trading Sessions – Over the last seven days, ENV has produced a price change amounting to -3.81%.
  • Past 30 Days – The return from Envestnet, Inc. throughout the past month comes to 15.37%.
  • Quarterly – In the last 3 months, the stock has produced a ROI that works out to 27.33%
  • Past 6 Months – Over the past six months, we’ve seen a change of 4.40% from the stock.
  • This Year So Far – Since the close of last year ENV has resulted in a return of 30.31%.
  • Annually – Lastly, throughout the last year, investors have seen a change in the amount of 7.28% out of ENV. In this period of time, the stock has sold at a high of -5.07% and a low of 37.64%.

Key Ratios

Digging into a few key ratios associated with a company can give investors an understanding of how risky and/or potentially profitable a stock pick may be. Below are some of the most important ratios to think about when looking at ENV.

Short Ratio – The short ratio is a measure of short interest. The higher this ratio, the more investors are expecting that the value of the stock is going to climb. Across the sector, strong service sector stocks tend to have a lower short ratio. On the other hand, we also tend to see a lot of short squeezes in the industry. Nonetheless, with regard to Envestnet, Inc., it’s short ratio amounts to 10.18.

Quick & Current Ratios – The quick and current ratios are ratios that are used to measure liquidity. Essentially, they measure If a company is able to cover its debts as they mature based on quick assets or current assets. come with strong current and quick ratios. As far as ENV, the quick and current ratios work out to 1.10 and 1.10 respectively.  

Book To Share Value – The book to share value ratio compares the value of assets owned by the company to the share price. when it comes to Envestnet, Inc., the book to share value ratio comes in at 13.83.

Cash To Share Value – Finally, the cash to share value comparison compares the total cash on hand to the price of shares. In this case, the cash to share value is 6.21.

Is Big Money Interested In Envestnet, Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in ENV, here’s what we’re seeing:

  • Institutional Investors – Currently, institutions own 97.80% of ENV. On the other hand, it’s important to consider that institutional ownership has changed in the amount of -0.58% over the past quarter.
  • Investors On The Inside – with regard to insiders, those close to the company currently hold 3.90% of Envestnet, Inc.. Insider ownership of the company has seen a change of -3.82% over the past quarter.

What Analysts Think About Envestnet, Inc.

While it’s not a smart idea to avoid doing your due diligence and blindly following the opinions of analysts, it is a good idea to use their thoughts to validate your own before making investment decisions in the service industry. Below you’ll find the most recent moves that we’ve seen from analysts as it relates to ENV.

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Mar-20-19 Downgrade DA Davidson Buy → Neutral $64 → $67
Jan-10-19 Initiated Buckingham Research Buy $63
Jul-12-18 Initiated JP Morgan Overweight $70
Nov-09-17 Reiterated Stifel Buy $52 → $62
Jul-06-17 Initiated DA Davidson Neutral $42

What We’ve Seen In Financial Results

What have ween seen from ENV in terms of financial results?Here is the data:

  • Analyst Expectations – As it stands, Wall Street analysts expect that ENV will create EPS that comes to 2.54, with 0.38 being reported in the earnings announcement for the current quarter. Although this data is not earnings driven, because we’re chatting on the topic of Wall St. analysts, Envestnet, Inc. is currently rated a 1.70 when rated on a scale from 1 to 5 on which 1 is the poorest Wall Street analyst grade and 5 is the best.
  • 5-Year Sales – Throughout the last 5 years, Envestnet, Inc. has announced a change in sales that comes to a total of 27.30%. EPS over the last half decade have experienced a change of 3.40%.
  • Q/Q – when it comes to quarter over quarter earnings data, or Q/Q data as it is generally explained in today’s society, the company has experienced a earnings change by -99.30%. The company has also seen movement with regard to revenue that amounts to 14.90%.

Looking At Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 46.59M shares of Envestnet, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, ENV has a float of 46.05M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to ENV, the short percent of the float is 5.87%.

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