How to Buy Envestnet Stock
Envestnet Inc
Envestnet is a app company located in Illinois, United States, which is part of the Technology sector, and is traded under the ticker ENV on the NYSE exchange.
Envestnet stock last closed at $62.15, down 0.34% from the previous day, and has decreased 2.22% in one year. It has underperformed other stocks in the Software - Application industry by 0.3 percentage points. Envestnet stock is currently +87.65% from its 52-week low of $33.12, and -9.71% from its 52-week high of $68.83.
There are currently 54.79M shares of ENV outstanding. The market capitalization of ENV is $3.41B. In the past 24 hours, 388,020 ENV shares were traded.
How to Buy Envestnet Stock
Wondering how to invest in Envestnet stock? Here's how.
- Figure out where to buy Envestnet stock: You need to decide on a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you choose where to buy Envestnet stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your payment method and add your details.
- Research Envestnet stock: The Envestnet ticker symbol is ENV. Is Envestnet stock a good investment? Should you buy shares of ENV? How do ENV's underlying business fundamentals look? Do top analysts think Envestnet is a good buy? Why has ENV's stock price moved recently? (Hint: Our stock market research website can help you evaluate if ENV is a good stock to buy).
- Place your ENV trade: Decide if you will purchase ENV shares at the current market price or use a limit order to purchase ENV stock at a given price.
- Get notifications regarding your ENV position: Create a watchlist to important notifications about your position in Envestnet stock.
Step 1: Figure out where to buy Envestnet stock
You will need an online brokerage account to access the NYSE market and buy ENV shares.
Our favorite brokerage: eToro
In our opinion, eToro is the best stock brokerage. Here's why:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global financial markets: From Technology to Real Estate, New York to Hong Kong — you can fill your portfolio with stocks from the world's top stock exchanges.
- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your share purchase by signing up for an account with eToro now.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've picked your brokerage, the next step is to fill out some personal info so you can invest in ENV today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to start a new brokerage account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you have opened your account on one of the most highly reviewed stock market apps, you need to deposit funds:
Watch the video below to see the process of depositing money into your brokerage account.
Step 4: Research Envestnet stock
Once you have decided on the best place to buy Envestnet stock, it's very important to evaluate their stock before you invest, so you can understand the risk and opportunity.
Envestnet shares data
Envestnet Due Diligence Checks
WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on ENV's stock page.
Is ENV stock overvalued?
Analysts use many financial metrics, analyses, models, and charts to gauge ENV's fair value.
Using relative valuations metrics:
- ENV may be undervalued based on its P/B ratio of 5.99x, relative to Software - Application industry P/B ratio of 6.53x
You can access additional valuation research on ENV's stock here.
A quick look at ENV Financials
Cons:
- There are more short-term liabilities than short-term assets on the ENV balance sheet.
- ENV's operating cash flow of $154.87M allows it to safely service it's debt of $990.35M.
- ENV profit margin has gone down from -6.5% to -19.2% in the past year.
- There are more long-term liabilities than short-term assets on the ENV balance sheet.
- ENV has a relatively high debt to equity ratio of 2.29.
- Total ENV debt is higher than 5 years ago, relative to shareholder equity.
- ENV earnings of -$200.81M is not enough to cover its interest payments.
Is it a good time to buy Envestnet stock, according to analysts?
Out of 6 Equities analysts who give recommendations on ENV, the consensus analyst rating on Envestnet is a Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
Latest ENV Analyst Forecasts
Daniel Perlin, a bottom 2% analyst from RBC Capital maintains ENV with a hold rating and lowers their ENV price target from $67.00 to $47.00, on Nov 9, 2023.
You can dive deeper into what analysts are saying on the Envestnet stock forecast page.
ENV Technical Indicators
ENV Growth Metrics
Last year, ENV revenue was $1.25B. Over the last five year, ENV's revenue has increased by 8.92% per year. This was slower than the Software - Application industry average of 27.72%.
You can analyze ENV's earnings and revenue performance here.
Are ENV executives and large shareholders buying or selling the stock?
Over the past year, executives and large shareholders at ENV have bought more shares than they have sold.
Matthew Majoros, Principal Accounting Officer of ENV, was the latest ENV insider to sell. They sold $39,844.00 worth of ENV stock on Mar 25, 2024.
Research more about who owns ENV shares here.
Does ENV provide a stable income stream?
No, Envestnet doesn't provide an income stream by paying out dividends.
What others are saying about ENV
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your ENV trade
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly sufficient. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular price limit, use a limit order.
Hit the Open button and your broker will place your order.
If you want more help with buying stocks on eToro, watch the helpful video below:
Step 6: Get notifications regarding your ENV position
Now that you own some shares in ENV, you'll want to keep up with your shares.
Create a watchlist to get notified of important updates regarding your ENV stock.
ENV Feed
How to Buy Stock in Envestnet
To summarize, here are the 6 steps you need to take to buy Envestnet stock right now:
- Figure out where to buy Envestnet stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Research Envestnet stock
- Place your ENV trade
- Get notifications regarding your ENV position
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to monitor your investment in Envestnet, create your watchlist below.
Other Articles You Might Like
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.