ENV - Envestnet Inc Stock Price, Fair Value and News

67.36USD+1.13 (+1.71%)Market Closed

Market Summary

USD67.36+1.13

Market Closed

1.71%

ENV Alerts

Big jump in Earnings (Y/Y)

ENV Stock Price

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ENV RSI Chart

ENV Valuation

Market Cap

3.6B

Price/Earnings (Trailing)

-18.71

Price/Sales (Trailing)

2.87

EV/EBITDA

-79.93

Price/Free Cashflow

ENV Price/Sales (Trailing)

ENV Profitability

Operating Margin

75.95%

EBT Margin

-16.67%

Return on Equity

-32.66%

Return on Assets

-10.47%

Free Cashflow Yield

4.76%

ENV Fundamentals

ENV Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

8.79%

Rev. Growth (Qtr)

2.3%

ENV Earnings

Earnings (TTM)

-195.1M

Earnings Growth (Yr)

105.88%

Earnings Growth (Qtr)

101.38%

Breaking Down ENV Revenue

52 Week Range

38.7267.36

(Low)(High)

Last 7 days

4.5%

Last 30 days

11.1%

Last 90 days

26.6%

Trailing 12 Months

19.4%

How does ENV drawdown profile look like?

ENV Financial Health

Current Ratio

1.19

Debt/Equity

1.47

Debt/Cashflow

0.22

ENV Investor Care

Shares Dilution (1Y)

1.30%

Diluted EPS (TTM)

-3.57

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.3B	0	0	0
2023	1.2B	1.2B	1.2B	1.2B
2022	1.2B	1.3B	1.3B	1.2B
2021	1.0B	1.1B	1.1B	1.2B
2020	947.0M	957.9M	974.3M	998.2M
2019	814.0M	837.3M	870.3M	900.1M
2018	723.9M	757.6M	785.1M	812.4M
2017	604.1M	629.8M	656.3M	683.7M
2016	456.3M	495.3M	541.1M	578.2M
2015	366.7M	384.5M	399.3M	420.9M
2014	274.4M	307.6M	326.3M	348.7M
2013	171.2M	184.9M	212.5M	242.5M
2012	126.6M	133.2M	143.4M	157.3M
2011	105.7M	112.8M	120.2M	123.2M
2010	0	84.6M	91.3M	98.1M
2009	0	0	0	77.9M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Envestnet Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 02, 2024	cooper barry d.	sold (taxes)	-316	63.39	-5.00	svp, head of accounting mgmt.
Mar 25, 2024	majoros matthew	sold	-39,844	56.92	-700	principal accounting officer
Mar 15, 2024	wolfe lauren taylor	bought	88,493	52.99	1,670	-
Mar 11, 2024	o'brien shelly	sold (taxes)	-30,464	55.49	-549	chief legal officer
Mar 11, 2024	cooper barry d.	sold (taxes)	-10,432	55.49	-188	svp, head of accounting mgmt.
Mar 11, 2024	majoros matthew	sold (taxes)	-3,995	55.49	-72.00	principal accounting officer
Mar 11, 2024	crager william	sold (taxes)	-290,268	55.49	-5,231	chief executive officer
Mar 07, 2024	wolfe lauren taylor	bought	1,145,060	52.62	21,761	-
Mar 06, 2024	wolfe lauren taylor	bought	481,237	51.19	9,401	-
Feb 29, 2024	aguilar luis a	acquired	-	-	3,825	-

Which funds bought or sold ENV recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	CITIGROUP INC	added	5.78	402,062	2,098,720	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	added	16.35	1,127,710	4,254,300	-%
May 10, 2024	Covestor Ltd	unchanged	-	1,000	7,000	-%
May 10, 2024	OSAIC HOLDINGS, INC.	reduced	-92.98	-601,886	53,853	-%
May 10, 2024	PRINCIPAL SECURITIES, INC.	added	911	140,015	152,940	-%
May 10, 2024	BlackRock Inc.	added	3.04	78,679,800	462,468,000	0.01%
May 10, 2024	GROUP ONE TRADING, L.P.	sold off	-100	-31,643	-	-%
May 10, 2024	CenterBook Partners LP	new	-	3,536,330	3,536,330	0.24%
May 10, 2024	McIlrath & Eck, LLC	reduced	-17.71	-1,075	27,449	-%
May 10, 2024	DIMENSIONAL FUND ADVISORS LP	reduced	-0.64	7,791,240	55,920,800	0.01%

Are Funds Buying or Selling ENV?

Are funds buying ENV calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own ENV

No. of Funds

ENV Alerts

Big jump in Earnings (Y/Y)

Unveiling Envestnet Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	11.01%	6,015,454	SC 13G/A
Dec 07, 2023	jpmorgan chase & co	4.0%	2,207,780	SC 13G/A
Mar 29, 2023	impactive capital lp	7.7%	4,151,033	SC 13D/A
Mar 10, 2023	vanguard group inc	10.24%	5,528,983	SC 13G/A
Feb 09, 2023	vanguard group inc	9.98%	5,520,970	SC 13G/A
Jan 20, 2023	jpmorgan chase & co	5.6%	3,116,257	SC 13G/A
Jan 04, 2023	impactive capital lp	7.5%	4,151,033	SC 13D/A
Nov 15, 2022	impactive capital lp	7.2%	3,983,406	SC 13D/A
May 24, 2022	impactive capital lp	6.3%	3,480,418	SC 13D/A
Apr 06, 2022	impactive capital lp	5.0%	2,756,859	SC 13D

Recent SEC filings of Envestnet Inc

View All Filings

Date Filed	Form Type	Document
May 10, 2024	8-K	Current Report
May 08, 2024	10-Q	Quarterly Report
May 07, 2024	8-K	Current Report
May 06, 2024	4	Insider Trading
Apr 05, 2024	DEF 14A	DEF 14A
Mar 28, 2024	8-K	Current Report
Mar 27, 2024	4	Insider Trading
Mar 25, 2024	144	Notice of Insider Sale Intent
Mar 19, 2024	4	Insider Trading
Mar 19, 2024	PRE 14A	PRE 14A

Peers (Alternatives to Envestnet Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
CRM	266.9B	34.9B	-9.02%	34.30%	64.53	7.66	11.18%	1888.46%
UBER	141.9B	38.6B	-9.61%	75.10%	102.12	3.68	14.01%	141.26%
ADSK	46.8B	5.3B	-11.80%	11.39%	51	8.75	9.15%	48.14%
ANSS	28.6B	2.2B	-4.95%	10.69%	65.74	12.83	3.59%	-21.47%
ZM	18.4B	4.5B	-4.26%	-5.12%	28.84	4.06	3.06%	514.65%
MID-CAP
APPF	8.9B	671.8M	5.51%	71.97%	115.75	13.18	33.64%	185.98%
LYFT	6.9B	4.7B	-6.92%	94.47%	-37.58	1.48	10.90%	88.31%
ALRM	3.5B	895.2M	-2.86%	43.34%	38.56	3.86	5.72%	46.94%
AYX	3.4B	970.0M	0.90%	-15.87%	-19.13	3.53	13.46%	43.89%
AI	2.9B	296.4M	-2.45%	20.52%	-10.78	9.88	11.14%	-3.59%
AGYS	2.2B	228.1M	-4.15%	2.69%	25.39	9.72	18.99%	599.09%
SMALL-CAP
AVID	1.2B	413.5M	0.63%	-1.64%	92.02	2.88	-1.65%	-71.35%
APPS	228.5M	572.4M	3.23%	-81.38%	-1.15	0.4	-19.38%	-489.49%
AEYE	210.9M	31.6M	49.54%	166.62%	-35.92	6.67	2.76%	43.72%
ASUR	194.9M	117.7M	-5.04%	-45.44%	-19.76	1.66	12.54%	11.24%

Envestnet Inc News

Latest updates

Envestnet Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	2.3%	325	318	317	312	299	293	307	319	321	320	303	289	275	264	253	235	247	240	236	224	200
Costs and Expenses	-36.3%	316	496	316	328	310	319	308	351	328	321	289	278	258	252	241	231	254	227	236	245	208
S&GA Expenses	-100.0%	-	54.00	49.00	53.00	54.00	61.00	47.00	66.00	44.00	54.00	39.00	42.00	36.00	42.00	39.00	38.00	41.00	28.00	42.00	42.00	41.00
EBITDA Margin	29.4%	-0.04*	-0.06*	0.06*	0.06*	0.05*	0.05*	0.07*	0.08*	0.11*	0.13*	0.16*	0.15*	-	-	-	-	-	-	-	-	-
Interest Expenses	-88.3%	2.00	13.00	2.00	9.00	2.00	9.00	2.00	3.00	2.00	9.00	2.00	3.00	2.00	22.00	2.00	5.00	3.00	25.00	1.00	8.00	0.00
Income Taxes	158.2%	2.00	-2.59	-8.82	0.00	24.00	9.00	2.00	-5.83	2.00	-1.41	-0.85	16.00	-5.59	-5.24	0.00	1.00	-1.96	1.00	-6.98	-28.38	4.00
Earnings Before Taxes	101.1%	2.00	-187	-3.77	-22.71	-18.99	-29.24	-6.39	-30.10	-12.69	-6.72	11.00	7.00	9.00	2.00	3.00	-4.16	-9.15	4.00	-9.94	-27.77	-14.50
EBT Margin	10.9%	-0.17*	-0.19*	-0.06*	-0.06*	-0.07*	-0.06*	-0.04*	-0.03*	0.00*	0.02*	0.03*	0.02*	-	-	-	-	-	-	-	-	-
Net Income	101.4%	3.00	-181	7.00	-23.13	-42.76	-35.59	-7.29	-24.27	-14.71	-5.06	12.00	-8.37	15.00	7.00	2.00	-5.47	-7.19	4.00	-3.08	1.00	-18.27
Net Income Margin	20.5%	-0.15*	-0.19*	-0.08*	-0.09*	-0.09*	-0.07*	-0.04*	-0.03*	-0.01*	0.01*	0.02*	0.01*	-	-	-	-	-	-	-	-	-
Free Cashflow	-99.9%	0.00	75.00	38.00	60.00	-37.92	9.00	30.00	44.00	-0.63	73.00	46.00	65.00	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.7%	1,864	1,877	2,031	2,054	2,056	2,112	2,203	2,187	2,200	2,241	2,217	2,171	2,143	2,144	2,101	1,831	1,830	1,802	1,787	1,812	1,371
Current Assets	15.7%	305	264	203	225	223	311	393	468	501	567	550	491	489	505	481	206	187	183	167	189	349
Cash Equivalents	-33.0%	61.00	91.00	43.00	59.00	53.00	162	241	338	360	429	394	370	372	385	363	92.00	69.00	83.00	72.00	78.00	246
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48.00	49.00	50.00	53.00	54.00	54.00	51.00	47.00
Goodwill	-3.3%	780	807	998	998	998	998	996	46.00	46.00	925	925	928	19.00	907	907	906	907	880	908	909	16.00
Liabilities	-2.8%	1,267	1,303	1,279	1,321	1,319	1,345	1,263	1,253	1,247	1,282	1,270	1,253	1,229	1,168	1,148	958	966	934	926	959	749
Current Liabilities	-12.1%	257	293	270	309	298	327	616	610	275	289	269	248	229	236	226	209	203	204	366	353	339
Long Term Debt	0.1%	878	877	875	874	873	872	509	508	850	849	848	846	845	757	750	311	308	306	303	300	297
LT Debt, Current	-	-	-	-	20.00	45.00	45.00	344	343	-	-	-	-	-	-	-	-	-	-	171	169	167
LT Debt, Non Current	-100.0%	-	877	875	874	873	872	509	508	850	849	848	846	845	757	750	311	308	306	303	300	297
Shareholder's Equity	5.1%	597	568	744	732	737	755	940	934	953	960	947	917	914	976	953	874	864	868	861	854	622
Retained Earnings	0.7%	-355	-357	-174	-181	-160	-118	-82.42	-75.13	-51.85	-37.99	-32.88	-44.62	-36.34	-79.91	-87.15	-89.06	-84.14	-75.66	-79.25	-76.17	-77.07
Additional Paid-In Capital	1.5%	1,225	1,207	1,193	1,175	1,154	1,135	1,196	1,177	1,154	1,132	1,109	1,089	1,073	1,167	1,150	1,072	1,054	1,037	1,031	1,016	778
Shares Outstanding	0.6%	55.00	55.00	55.00	55.00	54.00	54.00	55.00	55.00	55.00	54.00	54.00	54.00	-	-	-	-	-	-	-	-	-
Minority Interest	160.0%	16.00	6.00	8.00	10.00	12.00	13.00	-0.47	1.00	2.00	2.00	3.00	0.00	-0.41	-0.52	-1.31	-2.06	-1.37	-1.52	-1.34	-1.46	-1.18
Float	-	-	-	-	2,000	-	-	-	1,800	-	-	-	2,900	-	-	-	2,533	-	-	-	2,206	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-97.4%	2.00	76.00	40.00	73.00	-33.52	12.00	34.00	49.00	3.00	81.00	51.00	69.00	50.00	38.00	67.00	56.00	9.00	47.00	59.00	15.00	-12.57
Share Based Compensation	46.6%	19.00	13.00	17.00	21.00	19.00	18.00	17.00	24.00	22.00	18.00	19.00	17.00	14.00	14.00	16.00	14.00	16.00	17.00	15.00	15.00	13.00
Cashflow From Investing	14.7%	-24.66	-28.90	-28.50	-37.91	-58.76	-24.37	-128	-51.94	-46.07	-41.10	-25.67	-59.19	-50.17	-16.78	-20.30	-17.23	-45.69	-11.19	-16.55	-323	-24.49
Cashflow From Financing	-14.7%	4.00	4.00	-27.58	-28.58	-20.81	-63.87	-0.71	-17.51	-26.23	-4.01	-0.85	-12.14	-12.17	0.00	224	-15.34	24.00	-24.60	-48.72	140	-6.65
Buy Backs	-	-	-	-	-	9.00	77.00	-	9.00	-	2.00	-	0.00	2.00	-	-	-	-	-	-	-	-

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ENV Income Statement

2024-03-31

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenue:
Total revenue	$ 324,950	$ 298,707
Operating expenses:
Direct expense	126,633	109,679
Employee compensation	103,652	114,215
General and administrative	52,065	54,350
Depreciation and amortization	33,892	31,520
Total operating expenses	316,242	309,764
Income (loss) from operations	8,708	(11,057)
Other expense, net	(6,664)	(7,935)
Income (loss) before income tax provision	2,044	(18,992)
Income tax provision	1,505	23,769
Net income (loss)	539	(42,761)
Add: Net loss attributable to non-controlling interest	1,974	1,533
Net income (loss) attributable to Envestnet, Inc.	$ 2,513	$ (41,228)
Net income (loss) attributable to Envestnet, Inc. per share:
Basic (in dollars per share)	$ 0.05	$ (0.76)
Diluted (in dollars per share)	$ 0.05	$ (0.76)
Weighted average common shares outstanding:
Basic (in shares)	54,884,074	54,143,259
Diluted (in shares)	55,385,066	54,143,259
Total recurring revenue
Revenue:
Total revenue	$ 320,078	$ 294,011
Asset-based
Revenue:
Total revenue	202,616	176,932
Operating expenses:
Direct expense	118,403	102,623
Subscription-based
Revenue:
Total revenue	117,462	117,079
Operating expenses:
Direct expense	8,230	7,052
Professional services and other revenue
Revenue:
Total revenue	4,872	4,696
Operating expenses:
Direct expense	$ 0	$ 4

ENV Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 61,226	$ 91,378
Fees receivable, net	135,630	120,958
Prepaid expenses and other current assets	53,330	51,472
Assets held for deconsolidation	55,016	0
Total current assets	305,202	263,808
Property and equipment, net	46,856	48,223
Internally developed software, net	214,507	224,713
Intangible assets, net	323,326	338,068
Goodwill	779,916	806,563
Operating lease right-of-use assets, net	67,127	69,154
Other assets	127,111	126,723
Total assets	1,864,045	1,877,252
Current liabilities:
Accounts payable, accrued expenses and other current liabilities	201,126	241,424
Operating lease liabilities	12,479	12,909
Deferred revenue	34,584	38,201
Liabilities held for deconsolidation	8,998	0
Total current liabilities	257,187	292,534
Debt	877,842	876,612
Operating lease liabilities, net of current portion	98,085	100,830
Deferred tax liabilities, net	15,716	16,568
Other liabilities	17,897	16,202
Total liabilities	1,266,727	1,302,746
Commitments and contingencies
Stockholders' equity
Preferred stock, par value $0.005, 50,000,000 shares authorized; no shares issued and outstanding as of March 31, 2024 and December 31, 2023	0	0
Common stock, par value $0.005, 500,000,000 shares authorized; 71,633,071 and 71,129,801 shares issued as of March 31, 2024 and December 31, 2023, respectively; 55,099,000 and 54,773,662 shares outstanding as of March 31, 2024 and December 31, 2023, respectively	358	355
Treasury stock at cost, 16,534,071 and 16,356,139 shares as of March 31, 2024 and December 31, 2023, respectively	(281,022)	(272,573)
Additional paid-in capital	1,225,270	1,206,627
Accumulated deficit	(355,138)	(357,651)
Accumulated other comprehensive loss	(8,571)	(8,567)
Total stockholders’ equity, attributable to Envestnet, Inc.	580,897	568,191
Non-controlling interest	16,421	6,315
Total equity	597,318	574,506
Total liabilities and equity	$ 1,864,045	$ 1,877,252

About Envestnet Inc

Envestnet, Inc., together with its subsidiaries, provides wealth management software and services in the United States and internationally. It operates through Envestnet Wealth Solutions and Envestnet Data & Analytics segments. The Envestnet Wealth Solutions segment offers Envestnet | Enterprise, which provides an end-to-end open architecture wealth management platform, as well as data aggregation and reporting, data analytics, and digital advice capabilities; Envestnet | Tamarac that provides trading, rebalancing, portfolio accounting, performance reporting, and client relationship management software; and Envestnet | MoneyGuide that provides goals-based financial planning solutions to the financial services industry. This segment also provides Envestnet | Retirement Solutions, which provides a suite of services for advisor-sold retirement plans; and Envestnet | Portfolio Management Consultants that offer research and consulting services to assist advisors in creating investment solutions for their clients, and portfolio overlay and tax optimization services. The Envestnet Data & Analytics segment provides Envestnet Data & Analytics, a data aggregation, data intelligence, and experiences platform that enables consumers to aggregate financial accounts within client applications, as well as provides clients the functionality to gather, refine, and aggregate various sets of consumer permissioned data for use in financial applications, reports, market research analysis, and application programming interfaces. The company serves retail banks, credit unions, credit card providers, wealth management financial advisors and institutions, research and analyst firms, personal financial management, small business accounting, e-commerce, payment solutions providers, small business lending, and authentication customers. Envestnet, Inc. was founded in 1999 and is headquartered in Berwyn, Pennsylvania.

CEO	Mr. William C. Crager
WEBSITE	envestnet.com
INDUSTRY	Software - Apps
EMPLOYEES	3429

Envestnet Inc Frequently Asked Questions

What is the ticker symbol for Envestnet Inc? What does ENV stand for in stocks?

ENV is the stock ticker symbol of Envestnet Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Envestnet Inc (ENV)?

As of Thu May 09 2024, market cap of Envestnet Inc is 3.65 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ENV stock?

You can check ENV's fair value in chart for subscribers.

What is the fair value of ENV stock?

You can check ENV's fair value in chart for subscribers. The fair value of Envestnet Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Envestnet Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ENV so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Envestnet Inc a good stock to buy?

The fair value guage provides a quick view whether ENV is over valued or under valued. Whether Envestnet Inc is cheap or expensive depends on the assumptions which impact Envestnet Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ENV.

What is Envestnet Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 09 2024, ENV's PE ratio (Price to Earnings) is -18.71 and Price to Sales (PS) ratio is 2.87. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ENV PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Envestnet Inc's stock?

In the past 10 years, Envestnet Inc has provided 0.055 (multiply by 100 for percentage) rate of return.