A Glimpse Into The Expert Outlook On Envestnet Through 4 Analysts

4 analysts have shared their evaluations of Envestnet ENV during the recent three months, expressing 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.

Analysts have set 12-month price targets for Envestnet, revealing an average target of $56.5, a high estimate of $70.00, and a low estimate of $45.00. This upward trend is apparent, with the current average reflecting a 11.33% increase from the previous average price target of $50.75.

Interpreting Analyst Ratings: A Closer Look

The standing of Envestnet among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Envestnet. This information offers a snapshot of how analysts perceive the current state of the company.
• Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Envestnet compared to the broader market.
• Price Targets: Analysts gauge the dynamics of price targets, providing estimates for the future value of Envestnet's stock. This comparison reveals trends in analysts' expectations over time.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Envestnet's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on Envestnet analyst ratings.

About Envestnet

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

Revenue Growth: Envestnet's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 3.31%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.

Net Margin: Envestnet's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 2.24%, the company showcases strong profitability and effective cost management.

Return on Equity (ROE): Envestnet's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 0.97%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Envestnet's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.35%, the company may face hurdles in achieving optimal financial returns.

Debt Management: Envestnet's debt-to-equity ratio surpasses industry norms, standing at 1.33. This suggests the company carries a substantial amount of debt, posing potential financial challenges.

The Significance of Analyst Ratings Explained

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

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