Envestnet Inc (NYSE: ENV) has reported E.P.S. of $0.13 for its third fiscal quarter (ending September 30) versus $-0.13 for the same period a year ago. Relative to the consensus estimate of $0.54, this was a shortfall of $-0.41. For the latest four quarters through September 30, E.P.S. were $-1.68 compared to $-0.90 a year ago.
Recent Price Action
On 11/8/23, Envestnet Inc (NYSE: ENV) stock declined by -1.1%, closing at $37.81. Relative to the market the stock has been weak over the last nine months but has risen 2.2% during the last week.
Current PriceTarget Research Rating
ENV’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Envestnet has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Envestnet has a slightly negative Power Rating of 30 and a poor Appreciation Score of 25, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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