News headlines about Financial Engines (NASDAQ:FNGN) have trended somewhat positive on Wednesday, Accern reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Financial Engines earned a news impact score of 0.20 on Accern’s scale. Accern also gave headlines about the asset manager an impact score of 45.5239671583979 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media stories that may have effected Accern Sentiment’s analysis:
- Federated Investors (FII) vs. Financial Engines (FNGN) Financial Survey (americanbankingnews.com)
- Financial Engines, Inc. (NASDAQ:FNGN) Sees Unusual Trading Volume in Its Shares (highlightpress.com)
- Financial Engines, Inc. breached its 50 day moving average in a Bearish Manner : FNGN-US : July 25, 2017 (finance.yahoo.com)
- Financial Engines to Announce Second Quarter 2017 Results on August 8, 2017 (finance.yahoo.com)
- Financial Engines, Inc. (FNGN) Investment Decreased by Riverbridge Partners LLC (highlightpress.com)
A number of equities research analysts recently issued reports on the company. DA Davidson assumed coverage on Financial Engines in a research report on Wednesday, June 21st. They set a “buy” rating and a $44.00 price target on the stock. Zacks Investment Research raised Financial Engines from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a research report on Wednesday, May 10th. BidaskClub downgraded Financial Engines from a “sell” rating to a “strong sell” rating in a research report on Saturday, July 1st. TheStreet raised Financial Engines from a “c+” rating to a “b-” rating in a research report on Thursday, April 27th. Finally, Sidoti assumed coverage on Financial Engines in a research report on Monday, July 10th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. Financial Engines currently has a consensus rating of “Buy” and a consensus target price of $44.33.
Shares of Financial Engines (FNGN) traded up 0.39% during midday trading on Wednesday, reaching $38.70. The company had a trading volume of 16,807 shares. Financial Engines has a one year low of $25.00 and a one year high of $45.75. The firm has a market capitalization of $2.43 billion, a P/E ratio of 65.82 and a beta of 2.21. The company has a 50 day moving average price of $37.78 and a 200-day moving average price of $39.68.
Financial Engines (NASDAQ:FNGN) last issued its earnings results on Thursday, May 4th. The asset manager reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.02. The business had revenue of $114.10 million for the quarter, compared to analysts’ expectations of $115.78 million. Financial Engines had a net margin of 8.39% and a return on equity of 7.24%. The business’s revenue for the quarter was up 23.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.24 EPS. On average, analysts anticipate that Financial Engines will post $1.37 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Thursday, July 6th. Stockholders of record on Wednesday, June 14th were given a dividend of $0.07 per share. The ex-dividend date of this dividend was Monday, June 12th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.73%. Financial Engines’s dividend payout ratio (DPR) is currently 48.28%.
In other news, EVP Christopher L. Jones sold 5,120 shares of the business’s stock in a transaction on Tuesday, June 20th. The shares were sold at an average price of $38.45, for a total transaction of $196,864.00. Following the completion of the transaction, the executive vice president now directly owns 60,089 shares in the company, valued at approximately $2,310,422.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Michael Jerome Campbell sold 2,000 shares of the business’s stock in a transaction on Tuesday, July 18th. The shares were sold at an average price of $37.55, for a total transaction of $75,100.00. Following the transaction, the executive vice president now owns 41,020 shares of the company’s stock, valued at $1,540,301. The disclosure for this sale can be found here. Insiders have sold a total of 128,345 shares of company stock valued at $5,228,768 over the last 90 days. Company insiders own 15.97% of the company’s stock.
Financial Engines Company Profile
Financial Engines, Inc is a provider of independent, technology-enabled financial advisory services, discretionary portfolio management, personalized investment advice, financial and retirement income planning, and financial education and guidance. The Company offers personalized plans for saving, investing, and generating retirement income, as well as by providing assessments of retirement income needs and readiness.
Receive News & Ratings for Financial Engines Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Financial Engines Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
