Analyst Ratings for Envestnet Inc. (ENV)Updated: 2017-07-29
Shares of Envestnet Inc. (NYSE:ENV) have received a consensus rating of Overweight from Wall Street analysts. Last month, ENV received an average rating of Overweight.
A buy rating was issued by 6 analysts, 0 gave an overweight rating, 4 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
Investment analysts gave a few price targets for ENV. The maximum price target given was 48, implying potential capital gains of 22.76 percent. The most pessimistic price target was 38, which equates to a potential downside of -2.81 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -17.32 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.18 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -8.55 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
ENV has a 52-week high of 41.47 and a 52-week low of 30.80. Today's price is 26.95 percent above the 52-week low, and below the high by 5.71 percent. ENV has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The ENV value stock report compares ENV to some of its peers using value stock charts. The stock has a market capitalization of $1.71 billion. ENV is estimated to release their earnings results for the quarter on 0000-00-00, days from today.