Intrinsic value of Envestnet - ENV

Previous Close

$54.10

  Intrinsic Value

$17.01

stock screener

  Rating & Target

str. sell

-69%

Previous close

$54.10

 
Intrinsic value

$17.01

 
Up/down potential

-69%

 
Rating

str. sell

*Intrinsic value change (in %) minus stock price change (in %) in the past 12 months.

We calculate the intrinsic value of ENV stock by summing up the current values of future distributable cash flows generated by the company and dividing the sum by the number of outstanding shares. As such, the intrinsic value calculation depends entirely on projections. The more accurate your projections of the company's performance are - the more reliable is the intrinsic value calculation result. Please make sure to check the stock valuation input data below and adjust it if necessary. The quality of the output (intrinsic valuation result) is only as good as the quality of the input. See also DISCLAIMERS.

STOCK VALUATION INPUT DATA

Initial revenue growth rate, %
Terminal revenue growth rate, %
Revenue decline factor
Initial discount rate, %
Discount rate multiplier
Shares outstanding, mln

 

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year
2016(a)
   2017
   2018
   2019
   2020
   2021
   2022
   2023
   2024
   2025
   2026
   2027
   2028
   2029
   2030
   2031
   2032
   2033
   2034
   2035
   2036
   2037
   2038
   2039
   2040
   2041
   2042
   2043
   2044
   2045
   2046

INCOME STATEMENT

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Revenue growth rate, %
  37.29
  18.10
  16.79
  15.61
  14.55
  13.59
  12.74
  11.96
  11.27
  10.64
  10.08
  9.57
  9.11
  8.70
  8.33
  8.00
  7.70
  7.43
  7.18
  6.97
  6.77
  6.59
  6.43
  6.29
  6.16
  6.04
  5.94
  5.85
  5.76
  5.69
  5.62
Revenue, $m
  578
  683
  797
  922
  1,056
  1,199
  1,352
  1,514
  1,684
  1,864
  2,051
  2,248
  2,452
  2,666
  2,888
  3,119
  3,359
  3,608
  3,867
  4,137
  4,417
  4,708
  5,011
  5,326
  5,654
  5,996
  6,352
  6,724
  7,111
  7,515
  7,937
Variable operating expenses, $m
 
  644
  745
  855
  973
  1,099
  1,233
  1,376
  1,526
  1,684
  1,849
  1,978
  2,159
  2,346
  2,542
  2,745
  2,957
  3,176
  3,404
  3,641
  3,888
  4,144
  4,411
  4,688
  4,977
  5,278
  5,592
  5,919
  6,260
  6,615
  6,987
Fixed operating expenses, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total operating expenses, $m
  602
  644
  745
  855
  973
  1,099
  1,233
  1,376
  1,526
  1,684
  1,849
  1,978
  2,159
  2,346
  2,542
  2,745
  2,957
  3,176
  3,404
  3,641
  3,888
  4,144
  4,411
  4,688
  4,977
  5,278
  5,592
  5,919
  6,260
  6,615
  6,987
Operating income, $m
  -23
  39
  52
  67
  83
  100
  119
  138
  158
  180
  202
  269
  294
  319
  346
  373
  402
  432
  463
  495
  529
  564
  600
  638
  677
  718
  761
  805
  851
  900
  950
EBITDA, $m
  41
  114
  133
  154
  177
  201
  226
  253
  282
  312
  343
  376
  411
  446
  483
  522
  562
  604
  648
  693
  740
  788
  839
  892
  947
  1,004
  1,064
  1,126
  1,191
  1,258
  1,329
Interest expense (income), $m
  8
  9
  12
  14
  18
  21
  25
  29
  33
  37
  42
  46
  51
  57
  62
  68
  73
  80
  86
  93
  99
  106
  114
  122
  130
  138
  147
  156
  165
  175
  185
Earnings before tax, $m
  -40
  30
  41
  53
  66
  79
  94
  110
  126
  143
  161
  223
  242
  263
  284
  306
  329
  352
  377
  403
  430
  457
  486
  516
  547
  580
  614
  649
  686
  725
  765
Tax expense, $m
  16
  8
  11
  14
  18
  21
  25
  30
  34
  39
  43
  60
  65
  71
  77
  83
  89
  95
  102
  109
  116
  123
  131
  139
  148
  157
  166
  175
  185
  196
  207
Net income, $m
  -56
  22
  30
  38
  48
  58
  69
  80
  92
  104
  117
  163
  177
  192
  207
  223
  240
  257
  275
  294
  314
  334
  355
  377
  400
  423
  448
  474
  501
  529
  559

BALANCE SHEET

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and short-term investments, $m
  53
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Total assets, $m
  872
  967
  1,129
  1,306
  1,495
  1,699
  1,915
  2,144
  2,386
  2,640
  2,906
  3,183
  3,474
  3,776
  4,090
  4,417
  4,757
  5,111
  5,478
  5,859
  6,256
  6,669
  7,098
  7,544
  8,009
  8,493
  8,997
  9,524
  10,072
  10,645
  11,243
Adjusted assets (=assets-cash), $m
  819
  967
  1,129
  1,306
  1,495
  1,699
  1,915
  2,144
  2,386
  2,640
  2,906
  3,183
  3,474
  3,776
  4,090
  4,417
  4,757
  5,111
  5,478
  5,859
  6,256
  6,669
  7,098
  7,544
  8,009
  8,493
  8,997
  9,524
  10,072
  10,645
  11,243
Revenue / Adjusted assets
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
  0.706
Average production assets, $m
  323
  381
  445
  514
  589
  669
  754
  845
  940
  1,040
  1,145
  1,254
  1,368
  1,487
  1,611
  1,740
  1,874
  2,013
  2,158
  2,308
  2,465
  2,627
  2,796
  2,972
  3,155
  3,346
  3,545
  3,752
  3,968
  4,194
  4,429
Working capital, $m
  -43
  -68
  -80
  -92
  -106
  -120
  -135
  -151
  -168
  -186
  -205
  -225
  -245
  -267
  -289
  -312
  -336
  -361
  -387
  -414
  -442
  -471
  -501
  -533
  -565
  -600
  -635
  -672
  -711
  -752
  -794
Total debt, $m
  291
  329
  412
  503
  600
  704
  815
  933
  1,057
  1,187
  1,324
  1,466
  1,615
  1,770
  1,931
  2,099
  2,274
  2,455
  2,643
  2,839
  3,042
  3,254
  3,474
  3,703
  3,942
  4,190
  4,449
  4,719
  5,000
  5,294
  5,601
Total liabilities, $m
  459
  496
  579
  670
  767
  871
  982
  1,100
  1,224
  1,354
  1,491
  1,633
  1,782
  1,937
  2,098
  2,266
  2,441
  2,622
  2,810
  3,006
  3,209
  3,421
  3,641
  3,870
  4,109
  4,357
  4,616
  4,886
  5,167
  5,461
  5,768
Total equity, $m
  414
  471
  550
  636
  728
  827
  933
  1,044
  1,162
  1,285
  1,415
  1,550
  1,692
  1,839
  1,992
  2,151
  2,317
  2,489
  2,668
  2,854
  3,047
  3,248
  3,457
  3,674
  3,900
  4,136
  4,382
  4,638
  4,905
  5,184
  5,475
Total liabilities and equity, $m
  873
  967
  1,129
  1,306
  1,495
  1,698
  1,915
  2,144
  2,386
  2,639
  2,906
  3,183
  3,474
  3,776
  4,090
  4,417
  4,758
  5,111
  5,478
  5,860
  6,256
  6,669
  7,098
  7,544
  8,009
  8,493
  8,998
  9,524
  10,072
  10,645
  11,243
Debt-to-equity ratio
  0.703
  0.700
  0.750
  0.790
  0.820
  0.850
  0.870
  0.890
  0.910
  0.920
  0.940
  0.950
  0.950
  0.960
  0.970
  0.980
  0.980
  0.990
  0.990
  0.990
  1.000
  1.000
  1.010
  1.010
  1.010
  1.010
  1.020
  1.020
  1.020
  1.020
  1.020
Adjusted equity ratio
  0.441
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487
  0.487

CASH FLOW

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income, $m
  -56
  22
  30
  38
  48
  58
  69
  80
  92
  104
  117
  163
  177
  192
  207
  223
  240
  257
  275
  294
  314
  334
  355
  377
  400
  423
  448
  474
  501
  529
  559
Depreciation, amort., depletion, $m
  64
  76
  81
  87
  94
  100
  108
  115
  124
  132
  141
  107
  117
  127
  138
  149
  160
  172
  184
  197
  211
  225
  239
  254
  270
  286
  303
  321
  339
  358
  379
Funds from operations, $m
  98
  97
  111
  126
  141
  158
  176
  195
  215
  236
  258
  270
  294
  319
  345
  372
  400
  429
  460
  491
  524
  558
  594
  631
  669
  709
  751
  795
  840
  888
  937
Change in working capital, $m
  21
  -10
  -11
  -12
  -13
  -14
  -15
  -16
  -17
  -18
  -19
  -20
  -20
  -21
  -22
  -23
  -24
  -25
  -26
  -27
  -28
  -29
  -30
  -32
  -33
  -34
  -36
  -37
  -39
  -40
  -42
Cash from operations, $m
  77
  108
  122
  138
  155
  173
  192
  212
  232
  254
  277
  289
  314
  340
  367
  395
  424
  454
  486
  518
  552
  587
  624
  662
  702
  744
  787
  832
  879
  928
  979
Maintenance CAPEX, $m
  0
  -28
  -33
  -38
  -44
  -50
  -57
  -64
  -72
  -80
  -89
  -98
  -107
  -117
  -127
  -138
  -149
  -160
  -172
  -184
  -197
  -211
  -225
  -239
  -254
  -270
  -286
  -303
  -321
  -339
  -358
New CAPEX, $m
  -23
  -58
  -64
  -69
  -75
  -80
  -85
  -90
  -95
  -100
  -105
  -110
  -114
  -119
  -124
  -129
  -134
  -139
  -145
  -150
  -156
  -162
  -169
  -176
  -183
  -191
  -199
  -207
  -216
  -226
  -236
Cash from investing activities, $m
  -58
  -86
  -97
  -107
  -119
  -130
  -142
  -154
  -167
  -180
  -194
  -208
  -221
  -236
  -251
  -267
  -283
  -299
  -317
  -334
  -353
  -373
  -394
  -415
  -437
  -461
  -485
  -510
  -537
  -565
  -594
Free cash flow, $m
  19
  22
  26
  31
  36
  42
  49
  57
  65
  74
  84
  82
  93
  104
  116
  129
  141
  155
  169
  184
  199
  214
  231
  247
  265
  283
  302
  322
  342
  363
  385
Issuance/(repayment) of debt, $m
  -8
  76
  83
  90
  97
  104
  111
  118
  124
  130
  136
  143
  149
  155
  161
  168
  174
  181
  188
  196
  203
  212
  220
  229
  238
  248
  259
  270
  281
  294
  307
Issuance/(repurchase) of shares, $m
  -7
  50
  49
  47
  45
  41
  37
  32
  26
  19
  12
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash from financing (excl. dividends), $m  
  -18
  126
  132
  137
  142
  145
  148
  150
  150
  149
  148
  143
  149
  155
  161
  168
  174
  181
  188
  196
  203
  212
  220
  229
  238
  248
  259
  270
  281
  294
  307
Total cash flow (excl. dividends), $m
  1
  148
  159
  168
  178
  188
  197
  206
  215
  223
  232
  225
  242
  259
  277
  296
  316
  336
  357
  379
  402
  426
  451
  476
  503
  532
  561
  592
  624
  657
  692
Retained Cash Flow (-), $m
  26
  -72
  -79
  -86
  -93
  -99
  -105
  -112
  -118
  -124
  -130
  -135
  -141
  -147
  -153
  -159
  -166
  -172
  -179
  -186
  -193
  -201
  -209
  -217
  -226
  -236
  -246
  -256
  -267
  -279
  -291
Prev. year cash balance distribution, $m
 
  15
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash flow adjustment, $m
 
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
  0
Cash available for distribution, $m
 
  91
  79
  83
  86
  89
  92
  94
  97
  100
  103
  89
  100
  112
  124
  137
  150
  164
  179
  193
  209
  225
  242
  259
  277
  296
  315
  335
  356
  378
  401
Discount rate, %
 
  6.50
  6.83
  7.17
  7.52
  7.90
  8.30
  8.71
  9.15
  9.60
  10.08
  10.59
  11.12
  11.67
  12.26
  12.87
  13.51
  14.19
  14.90
  15.64
  16.43
  17.25
  18.11
  19.01
  19.96
  20.96
  22.01
  23.11
  24.27
  25.48
  26.75
PV of cash for distribution, $m
 
  86
  70
  67
  64
  61
  57
  53
  48
  44
  39
  30
  28
  27
  25
  22
  20
  17
  15
  12
  10
  8
  6
  5
  4
  3
  2
  1
  1
  1
  0
Current shareholders' claim on cash, %
  100
  97.9
  96.2
  94.8
  93.7
  92.8
  92.1
  91.6
  91.2
  90.9
  90.8
  90.8
  90.8
  90.8
  90.8
  90.8
  90.8
  90.8
  90.8
  90.8
  90.8
  90.8
  90.8
  90.8
  90.8
  90.8
  90.8
  90.8
  90.8
  90.8
  90.8

Envestnet, Inc. is a provider of financial and wealth management technology and services to financial advisors, investors and financial service providers. The Company's segments are Envestnet and Envestnet Yodlee. Its Envestnet segment provides unified wealth management software and services empowering financial advisors and institutions. Its Envestnet Yodlee segment is a data aggregation and data analytics platform. Its services and related technology are provided through Envestnet's wealth management software, Envestnet PMC, Envestnet Tamarac, Vantage Reporting Solution, Envestnet WMS, Envestnet Placemark, Envestnet Retirement Solutions, Envestnet Yodlee and Envestnet Finance Logix. It operates Registered Investment Advisors (RIAs) and a registered broker-dealer. Its centrally-hosted technology platform services include risk assessment and selection of investment strategies and solutions, asset allocation models, and research and due diligence.

FINANCIAL RATIOS  of  Envestnet (ENV)

Valuation Ratios
P/E Ratio -41.8
Price to Sales 4
Price to Book 5.7
Price to Tangible Book
Price to Cash Flow 30.4
Price to Free Cash Flow 43.3
Growth Rates
Sales Growth Rate 37.3%
Sales - 3 Yr. Growth Rate %
EPS Growth Rate %
EPS - 3 Yr. Growth Rate %
Capital Spending Gr. Rate 53.3%
Cap. Spend. - 3 Yr. Gr. Rate 20.6%
Financial Strength
Quick Ratio 1
Current Ratio 0.1
LT Debt to Equity 61.1%
Total Debt to Equity 70.3%
Interest Coverage -4
Management Effectiveness
Return On Assets -5.1%
Ret/ On Assets - 3 Yr. Avg. -0%
Return On Total Capital -7.8%
Ret/ On T. Cap. - 3 Yr. Avg. -0.5%
Return On Equity -13.1%
Return On Equity - 3 Yr. Avg. -1.3%
Asset Turnover 0.7
Profitability Ratios
Gross Margin 68.9%
Gross Margin - 3 Yr. Avg. 62.5%
EBITDA Margin 5.5%
EBITDA Margin - 3 Yr. Avg. 9.1%
Operating Margin -4.2%
Oper. Margin - 3 Yr. Avg. 2.1%
Pre-Tax Margin -6.9%
Pre-Tax Margin - 3 Yr. Avg. 0.6%
Net Profit Margin -9.7%
Net Profit Margin - 3 Yr. Avg. -1.6%
Effective Tax Rate -40%
Eff/ Tax Rate - 3 Yr. Avg. 18.2%
Payout Ratio 0%

ENV stock valuation input parameters

Revenue. Company's revenue (or sales) is always the starting point of any cash flow forecast. In the ENV stock intrinsic value calculation we used $578 million for the last fiscal year's total revenue generated by Envestnet. The default revenue input number comes from 2016 income statement of Envestnet. You may change it if you feel that it should be adjusted for some unusual circumstances that are not expected to be repeated in the future or if you already know (from interim financial statements, for example) that this year's revenue is going to be quite different.

Revenue growth rate. Forecasted future revenue growth rate is the most important input parameter for the intrinsic value calculation. Unlike other input parameters that are reasonably expected to be in line with their historic averages or their historic trends, the revenue growth rate by and large is a wild card: nobody really knows what the company's revenue will be in the future. Of course, the level of unpredictability is different for different industries (utility companies being the most predictable and, thus, less risky).
    We use three input parameters to forecast the revenue growth rate in our ENV stock valuation model: a) initial revenue growth rate of 18.1% whose default value is the revenue growth rate in the most recent quarter compared to the quarterly revenue a year ago; b) terminal revenue growth rate of 5% whose default value is chosen to be close to the average nominal (i.e. not adjusted for inflation) GDP growth rate; and c) revenue decline factor of 0.9, which stipulates that revenue growth rate in each forecasted year will be equal to the difference of the revenue growth rate in the preceding year and the terminal revenue growth rate multiplied by this revenue decline factor (with the passage of time the revenue growth rate will be approaching the terminal revenue growth rate, but not quite reaching it - though the difference could be infinitesimally small).
    At the revenue decline factor of 1, the future revenue growth rate is forecasted to be constant and equal to the initial revenue growth rate. The smaller the revenue decline factor, the faster the revenue growth rate will approach the terminal revenue growth.

Discount rate. The discount rate is used for determining the present value of future cash flows: future cash flows are "discounted" as at normal conditions (that translate into positive expected return on investment) one dollar today is worth more than the same dollar in the future. Unlike all other valuation models, we use variable discount rate, i.e. it increases for each consecutive year. This is done to account for higher risk of cash flows coming in further in the future.
    The initial discount rate of 6.5%, whose default value for ENV is calculated based on our internal credit rating of Envestnet, is applied to the cash flow expected to be received a year from now (well, actually, to be precise, in the financial year following the base year - the last year for which we have financial statements). For each consecutive year the discount rate is multiplied by the discount rate multiplier of 1.05, e.i. each year it increases by 5%. Feel free to change this number to correspond to your level of risk assessment of Envestnet.
    By the way, it is easy to set the discount rate to be constant (this would make comparison with other valuation models easier): just set the discount rate multiplier equal to 1 and chose the magnitude of the initial discount rate to your liking.

Variable cost ratio is the ratio of variable costs (i.e. costs that fluctuate with fluctuation of the volume of production) to the revenue expressed as a percentage. In the calculation of intrinsic value of ENV stock the variable cost ratio is equal to 95.5%.

Fixed operating expenses is just that - expenses that are not dependant on the volume of production. They are set to $0 million in the base year in the intrinsic value calculation for ENV stock. These expenses increase with the level of inflation in subsequent years.

Interest rate on debt is the average all-in rate of interest paid by the company on its debt. It is set at 3.5% for Envestnet.

Corporate tax rate of 27% is the nominal tax rate for Envestnet. In reality, companies find ways to pay much less taxes than that or not to pay them at all.

Cash flow adjustment could be used for any adjustment the investor deems necessary. Most commonly we use this field to account for stock options-related effects in excess of what is reported on the company's income statement. The cash flow adjustment is expressed as a percentage of the revenue, and in the current valuation of the ENV stock is equal to 0%.

Production assets are the company's assets used for manufacturing products or provision of services. In the valuation model input table they are expressed as a percentage of revenue and for ENV are equal to 55.8%.

Life of production assets of 11.7 years is the average useful life of capital assets used in Envestnet operations. It is used to calculate yearly capital expenditures needed to keep these assets in good order - we call it the maintenance CAPEX.

Working capital is the difference between the company's current assets and liabilities. In the model we use the ratio of working capital to revenue, which for ENV is equal to -10%. A negative number means that the company is apt at using financial resources of its suppliers and customers; a large positive number, on the other hand, means that it either provides in-kind financing to others or is not good at managing its inventories.

Book value of equity - $414 million for Envestnet - is used in calculation of the "floor" for intrinsic valuation based on the discounted cash flow (DCF) method. Even if the prospects are very bad for a company, its assets could always be sold now for their current fair market value.

Shares outstanding of 44.935 million for Envestnet is needed to calculate the intrinsic value of one share.

Market capitalization is used here only for reference purposes and as a quick check that the share price and the number of shares outstanding numbers are correct - something especially to be cognizant about at stock splits. So, the market capitalization of Envestnet at the current share price and the inputted number of shares is $2.4 billion.

RELATED COMPANIES Price Int.Val. Rating
MORN Morningstar 98.70 155.06  str.buy
FDS FactSet Resear 199.50 314.63  str.buy
MSCI MSCI 139.27 40.37  str.sell
SSNC SS&C Technolog 49.97 25.39  sell
SEIC SEI Investment 77.17 34.36  str.sell
TRI Thomson Reuter 43.50 40.86  hold
FISV Fiserv 140.19 64.99  str.sell

COMPANY NEWS

▶ Actua Announces Completion of Sale of FolioDynamix   [Jan-02-18 04:10PM  GlobeNewswire]
▶ Top-Rated Stocks: Envestnet Sees Composite Rating Climb To 96   [03:00AM  Investor's Business Daily]
▶ Envestnet Sees Its Composite Rating Rise To 98   [Dec-27-17 03:00AM  Investor's Business Daily]
▶ Envestnet to Present at the 20th Annual ICR Conference   [Dec-26-17 08:30AM  Business Wire]
▶ Envestnet Gets IBD Stock Rating Upgrade   [Dec-07-17 03:00AM  Investor's Business Daily]
▶ ETFs with exposure to Envestnet, Inc. : November 10, 2017   [Nov-10-17 12:20PM  Capital Cube]
▶ Envestnet reports 3Q loss   [Nov-08-17 05:53PM  Associated Press]
▶ Envestnet, Inc. to Host Earnings Call   [02:00PM  ACCESSWIRE]
▶ Envestnet to Attend Upcoming Conferences   [Oct-26-17 08:30AM  Business Wire]
▶ Envestnet Deal Merges Huge Platforms   [Sep-26-17 01:46PM  Barrons.com]
▶ Envestnet Climbs on Rival Acquisition   [11:12AM  Barrons.com]
▶ Envestnet to Acquire FolioDynamix   [04:05PM  Business Wire]
▶ The Best FinTech Stock to Buy in 2017   [Sep-21-17 10:02PM  Motley Fool]
▶ Envestnet Scores Relative Strength Rating Upgrade; Hits Key Benchmark   [Aug-30-17 03:00AM  Investor's Business Daily]
▶ ETFs with exposure to Envestnet, Inc. : August 24, 2017   [Aug-24-17 03:16PM  Capital Cube]
▶ LPL Financial Rides Higher on New Acquisition   [Aug-16-17 09:28AM  Barrons.com]
▶ Improving Future Prospects Please Envestnet Shareholders   [Aug-09-17 11:30AM  Motley Fool]
▶ Envestnet reports 2Q loss   [Aug-08-17 11:05PM  Associated Press]
▶ Envestnet to Attend Upcoming Conferences   [Jul-31-17 04:40PM  Business Wire]
▶ Envestnet Rising: 4 New Data Points Support Bullish View   [Jun-28-17 10:46AM  Barrons.com]
▶ 3 Tech Stocks That Rallied in Friday's Rout   [Jun-12-17 12:06PM  Investopedia]
▶ Just How Much Fee Compression Is There?   [Jun-02-17 04:39PM  Barrons.com]
▶ Envestnet to Attend Spring Conferences   [May-30-17 04:05PM  Business Wire]
▶ ETFs with exposure to Envestnet, Inc. : May 16, 2017   [May-16-17 12:51PM  Capital Cube]
▶ Envestnet Climbs Further on Strong Organic Growth   [May-10-17 10:13PM  Motley Fool]
▶ Envestnet reports 1Q loss   [05:16PM  Associated Press]
Financial statements of ENV
Follow us on:   twitter   twitter   twitter   twitter

ASSET ALLOCATION

About X-FIN       Site news       Privacy policy       Terms of use       FAQ

Copyright © X-FIN.com 2005-2018. All rigths reserved.