Envestnet Inc (ENV) saw downtrend of -0.02% in the recent trading with $62.96 being its most recent. The current price level -13.80% lower than the highest price of $73.04 marked by the stock while trading over the past 52-weeks, whereas it is 80.56% higher than the lowest price of $34.87 the company dropped to over past 52-weeks. The latest news story on ENV appeared in (Morningstar Research) under the title “Analyst Report: Envestnet, Inc.”.
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Squeezing the time span to 30 day period shows us the stock is currently trading -0.55% below one month high and is +0.46% above of the lowest during that time. Looking into the simple moving average, Envestnet Inc (ENV)’s stock stands at a SMA-50 of $62.72 while that of 5-day is reading $62.96.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and ENV’s SMA-200 as of now is $60.73.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 4 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.88 for the stock.
Envestnet Inc Earnings – What Happened With ENV
Coming around sales and income figures on ENV Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
ENV – Envestnet Inc Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 54.77 million. ENV does have institutional investors; and they hold 95.66% of the stock.
Envestnet Inc – Insider Activity and Holdings
As on 2024-06-30, BLACKROCK INC. was the top most holder in Envestnet Inc (NYSE:ENV) with an ownership of 7.97 million shares of the company or 14.5169 of the stake worth $498.68 million. The filing also reveals VANGUARD GROUP INC as the second largest holder in the company with a control over 11.1751 of the outstanding shares. Its stake is worth $383.89 million for having 6.13 million shares in hand.
IMPACTIVE CAPITAL LP also came holding a key position in the company during the recent quarter and it now holds 7.6231 of the outstanding shares. With this there are now 348.0 institutions which have possession in ENV’s shares.
Currently, the stock has been recommended as Moderate Buy by 4 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.88 for the stock.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Envestnet Inc has a debt to equity ratio of 1.87.
Technical Analysis of Envestnet Inc (NYSE:ENV) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Envestnet Inc (ENV), we notice that the stock’s 20-day average volume is at 578,430 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 629,796 shares. And to end, ENV’s 100-day average volume is 913,624 shares with 50% of the long-term indicators pointing towards Buy for the stock.
