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Last $53.00 USD
Change Today -2.13 / -3.86%
Volume 148.2K
ENV On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

envestnet inc (ENV) Snapshot

Open
$54.38
Previous Close
$55.13
Day High
$54.61
Day Low
$52.88
52 Week High
03/20/15 - $58.21
52 Week Low
04/28/14 - $33.25
Market Cap
1.9B
Average Volume 10 Days
171.7K
EPS TTM
$0.43
Shares Outstanding
35.1M
EX-Date
--
P/E TM
122.6x
Dividend
--
Dividend Yield
--
Current Stock Chart for ENVESTNET INC (ENV)

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envestnet inc (ENV) Details

Envestnet, Inc., together with its subsidiaries, provides wealth management software and services to independent financial advisors and financial institutions in the United States and internationally. Its wealth management software unifies the applications and services advisors use to manage their practice and advise their clients, including financial planning; capital markets assumptions; asset allocation guidance; research and due diligence on investment managers and funds; portfolio management, trading, and rebalancing; multi-custodial and aggregated performance reporting; and billing calculation and administration. The company also offers Envestnet | PMC investment solutions and products that include managed account and multi-manager portfolios, mutual fund portfolios, and exchange traded fund (ETF) portfolios; Prima Premium Research comprising research and due diligence on investment managers, mutual funds, ETFs, and liquid alternatives funds; and consulting services. In addition, it provides Envestnet | Tamarac, a portfolio accounting, rebalancing, trading, performance reporting, and client relationship management software primarily for high-end registered investment advisors (RIAs); and Vantage Reporting Solution, a software that aggregates and manages investment data, provides performance reporting and benchmarking, and gives advisors a view of clients’ various investments. Further, the company offers Envestnet | WMS, which provides financial institutions access to an integrated wealth platform that enables to construct and manage portfolio solutions across an account life cycle, primarily in the area of unified managed account trading; and Envestnet | Placemark that develops unified managed account programs and other portfolio management outsourcing solutions. The company sells its products and services to the individual financial advisors of broker dealers and RIAs. Envestnet, Inc. was founded in 1999 and is headquartered in Chicago, Illinois.

1,257 Employees
Last Reported Date: 03/2/15
Founded in 1999

envestnet inc (ENV) Top Compensated Officers

Founder, Chairman and Chief Executive Officer
Total Annual Compensation: $850.0K
President
Total Annual Compensation: $444.5K
Co-Founder and Chief Investment Officer
Total Annual Compensation: $344.2K
Chief Financial Officer
Total Annual Compensation: $580.0K
Chief Operating Officer
Total Annual Compensation: $422.5K
Compensation as of Fiscal Year 2014.

envestnet inc (ENV) Key Developments

Matthew McGinness Joins Envestnet, Inc. as Managing Director of Strategic Consulting for Enterprises

Envestnet, Inc. announced that Matthew McGinness has joined the firm as Managing Director of Strategic Consulting for Enterprises. In this role, he will lead Envestnet's strategic initiative to improve clients' practice management. The program's architect, Jay Hummel, joined the Envestnet family in late 2014 as Senior Vice President in the Advisor Services group. Mr. McGinness will build a team of practice management consultants focused on helping enterprise wealth management firms. Mr. Hummel will concentrate on improving the overall business operations of registered investment advisors (RIAs). Mr. McGinness was previously CEO of First Allied Advisory Services, where he was in charge of managed accounts, platform management and development, and advisory operations and sales.

Envestnet, Inc.(NYSE:ENV) added to NASDAQ Internet Index

Envestnet, Inc. has been added to NASDAQ Internet Index.

Envestnet, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the First Quarter of 2015

Envestnet, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenues of $96,803,000, income from operations of $7,063,000, income before income tax provision of $6,409,000, net income attributable to the company of $3,693,000 or $0.10 per diluted share compared to total revenues of $74,398,000, income from operations of $1,430,000, income before income tax provision of $1,435,000, net income attributable to the company of $695,000 or $0.02 per basic and diluted share for the same quarter year ago. Adjusted revenues were $96,803,000 compared to $74,398,000 a year ago. The increase was primarily due to a 29% increase in revenues from AUM or AUA to $81.5 million from $63.4 million in the prior year period. Adjusted EBITDA was $16,609,000 compared to the $11,040,000 for the same quarter year ago. Adjusted net income was $8,636,000 or $0.23 per diluted share compared to $5,441,000 or $0.15 per diluted share for the same quarter year ago. The fourth quarter of 2014 revenue from assets under management or administration grew 29% to $81.5 million compared to $63.4 million in the fourth quarter of 2013. For the year, the company reported total revenues of $348,748,000, income from operations of $21,252,000, income before income tax provision of $22,507,000, net income attributable to the company of $14,174,000 or $0.38 per diluted share compared to total revenues of $242,535,000, income from operations of $5,512,000, income before income tax provision of $5,712,000, net income attributable to the company of $3,660,000 or $0.10 per diluted share for the same period last year. Net cash provided by operating activities was $55,997,000 compared to the $28,857,000 for the same period last year. Purchases of property and equipment were $6,177,000 compared to the $6,125,000 for the same period last year. Adjusted revenues were $348,748,000 compared to $242,695,000 a year ago. Adjusted EBITDA was $55,938,000 compared to the $38,594,000 a year ago. Adjusted net income was $29,537,000 or $0.80 per diluted share compared to $19,094,000 or $0.54 per diluted share a year ago. For the first quarter of 2015, on a consolidated basis, the company expects revenue from assets under management or administration to be up 20% to 22% compared to the first quarter of 2014. This reflects an effective fee rate of approximately 13.1 to 13.3 basis points, and beginning AUM/A asset base of approximately $246 billion. The company expects effective tax rate for GAAP in the first quarter to be approximately 40%.

 

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Industry Analysis

ENV

Industry Average

Valuation ENV Industry Range
Price/Earnings 100.0x
Price/Sales 5.3x
Price/Book 9.1x
Price/Cash Flow 56.6x
TEV/Sales 4.3x
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