Envestnet Q3 Earnings Top Estimates
ENVDelisted Stock | USD 63.14 0.00 0.00% |
Slightly above 56% of Envestnet's investor base is looking to short. The analysis of current outlook of investing in Envestnet suggests that many traders are alarmed regarding Envestnet's prospects. Envestnet's investing sentiment can be driven by a variety of factors including economic data, Envestnet's earnings reports, geopolitical events, and overall market trends.
Envestnet |
Envestnet delivered earnings and revenue surprises of 2.94 percent and 1.23, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock
Read at finance.yahoo.com
Envestnet Fundamental Analysis
We analyze Envestnet's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Envestnet using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Envestnet based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Retained Earnings
Retained Earnings Comparative Analysis
Envestnet is currently under evaluation in retained earnings category among its peers. Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.
Envestnet Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Envestnet stock to make a market-neutral strategy. Peer analysis of Envestnet could also be used in its relative valuation, which is a method of valuing Envestnet by comparing valuation metrics with similar companies.
Peers
Envestnet Related Equities
ENFN | Enfusion | 3.38 | ||||
CVLT | CommVault Systems | 1.34 | ||||
AZPN | Aspen Technology | 0.78 | ||||
PRO | PROS Holdings | 0.68 | ||||
DSGX | Descartes Systems | 0.52 | ||||
MANH | Manhattan Associates | 0.54 | ||||
MLNK | Meridianlink | 1.18 | ||||
HKIT | Hitek Global | 1.37 | ||||
ETWO | E2open Parent | 2.12 | ||||
AGYS | Agilysys | 2.33 | ||||
CWAN | Clearwater Analytics | 2.37 | ||||
EXFY | Expensify | 3.33 |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Other Consideration for investing in Envestnet Stock
If you are still planning to invest in Envestnet check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Envestnet's history and understand the potential risks before investing.
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