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Last $33.23 USD
Change Today +0.03 / 0.09%
Volume 216.9K
FNGN On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

financial engines inc (FNGN) Snapshot

Open
$32.95
Previous Close
$33.20
Day High
$33.53
Day Low
$32.78
52 Week High
07/31/15 - $46.34
52 Week Low
11/7/14 - $29.40
Market Cap
1.7B
Average Volume 10 Days
474.6K
EPS TTM
$0.67
Shares Outstanding
51.8M
EX-Date
09/18/15
P/E TM
49.6x
Dividend
$0.28
Dividend Yield
0.78%
Current Stock Chart for FINANCIAL ENGINES INC (FNGN)

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financial engines inc (FNGN) Details

Financial Engines, Inc. provides independent, technology-enabled personalized portfolio management services, investment advice, and retirement income services primarily to participants in employer-sponsored defined contribution plans in the United States. It offers investors to plan for retirement by offering personalized plans for saving, investing, and generating retirement income, as well as by providing assessments of retirement income needs and readiness. It provides Professional Management, a discretionary managed account service designed for plan participants who want affordable, personalized and professional portfolio management services, investment advice, and retirement income services from an independent investment advisor. The company also offers Online Advice, an Internet-based non-discretionary investment advisory service that offers personalized investment advice for plan participants who manage their portfolios directly. In addition, it provides Retirement Evaluation, a retirement readiness assessment provided to plan participants upon plan rollout; and social security claiming guidance through registered investment advisor representatives. The company delivers its services to plan sponsors and plan participants primarily through connections to eight retirement plan providers. Financial Engines, Inc. was founded in 1996 and is headquartered in Sunnyvale, California.

493 Employees
Last Reported Date: 02/20/15
Founded in 1996

financial engines inc (FNGN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $343.8K
Chief Financial Officer, Chief Risk Officer a...
Total Annual Compensation: $297.9K
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $351.6K
Executive Vice President of Product and Consu...
Total Annual Compensation: $258.9K
Compensation as of Fiscal Year 2014.

financial engines inc (FNGN) Key Developments

Wells Fargo Announces to Offer Financial Engines Independent Advisory Services to 401(K) Clients

Wells Fargo & Company announced that it has entered into an agreement to offer Financial Engines suite of institutional retirement planning solutions to companies with 401(k) plans record kept by Wells Fargo. Wells Fargo anticipates a release date of mid-2016, at which time retirement plan sponsors on the Wells Fargo record keeping platform can elect to add this expanded offering to their retirement benefit plans to help participants make the most out of their retirement savings. The new direct offering consists of Financial Engines full suite of advisory services for 401(k)-type retirement plans, including: Professional Management - a discretionary personalized management service for participants who want to partner with or delegate the management of their retirement accounts to a professional; Online Advice - personalized online savings and investment advice and retirement income projections for investors who want to manage their retirement themselves; Income+ - a retirement income solution that provides steady and flexible income in retirement; and Income planning and Social Security claiming guidance through Financial Engines well-regarded Social Security Planner. Under the agreement, Financial Engines will serve as the advisor and plan fiduciary for the advisory services. All participants will have access to non-commissioned Investment Advisor Representatives, as well as ongoing personalized communication and education that assess their current retirement outlook and make suggestions for improvement.

Financial Engines, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Year 2015

Financial Engines, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the second quarter, the company reported that total revenue increased 12% to $78.2 million in the second quarter of 2015 compared to $69.8 million in the prior year period. The increase in revenue was driven primarily by growth in Professional Management revenue, which increased 15% to $69.7 million in the second quarter of 2015 compared to $60.7 million in the prior year second quarter. Platform and other revenue decreased by 6% to $8.5 million in the second quarter of 2015 compared with $9.1 million for the second quarter of 2014. Income from operations as a percentage of revenue decreased to 15% for the second quarter of 2015 from 24% in the prior year second quarter. The company's effective tax rate decreased to 30% in the second quarter of 2015 compared to 40% in the prior year second quarter due primarily to the recognition of tax benefits upon resolution of income tax, uncertainties and changes in state taxes. Net income decreased to $8.5 million in the second quarter of 2015 compared with net income of $10.1 million in the second quarter of 2014. Adjusted EBITDA in the quarter decreased to $22.7 million, down 14% from $26.2 million in the second quarter of 2014. Non-GAAP adjusted EPS was $0.23 per share for the second quarter of 2015 compared to $0.25 per share in the second quarter of 2014. Income from operations was $12,039,000 compared to $16,578,000 a year ago. Income before income taxes was $12,104,000 compared to $16,619,000 a year ago. Diluted earnings per share were $0.16 compared to $0.19 a year ago. Non-GAAP adjusted net income was $12,326,000 compared to $13,187,000 a year ago. Non-GAAP adjusted earnings per share were $0.23 compared to $0.25 a year ago. For the six months, the company reported total revenue of $153,185,000 compared to $135,666,000 a year ago. Income from operations was $24,200,000 compared to $29,297,000 a year ago. Income before income taxes was $24,327,000 compared to $29,377,000 a year ago. Net and comprehensive income was $16,401,000 or $0.31 per diluted share compared to $17,871,000 or $0.34 per diluted share a year ago. Net cash provided by operating activities was $33,917,000 compared to $30,109,000 a year ago. Purchase of property and equipment was $2,549,000 compared to $3,234,000 a year ago. Non-GAAP Adjusted EBITDA was $45,628,000 compared to $48,236,000 a year ago. Non-GAAP adjusted net income was $24,259,000 compared to $23,958,000 a year ago. Non-GAAP adjusted earnings per share were $0.46 compared to $0.45 a year ago. The company estimates 2015 revenue to be in the range of $314 million to $320 million and 2015 non-GAAP adjusted EBITDA to be in the range of $96 million to $100 million. The $1 million change in outlook since last provided, is due to downward changes in financial markets.

Financial Engines, Inc. Declares Regular Quarterly Cash Dividend Payable on October 6, 2015

On July 28, 2015, Financial Engines’ Board of Directors declared a regular quarterly cash dividend of $0.07 per share of the company’s common stock. The cash dividend will be paid on October 6, 2015 to stockholders of record as of the close of business on September 22, 2015.

 

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Industry Analysis

FNGN

Industry Average

Valuation FNGN Industry Range
Price/Earnings 49.9x
Price/Sales 5.7x
Price/Book 4.4x
Price/Cash Flow 42.5x
TEV/Sales 4.7x
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