[ibd-display-video id=2102289 width=50 float=left autostart=true] The new score means the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria. History shows the top market performers tend to have a 95 or higher score as they launch their major moves.
Envestnet is currently forming a cup with handle , with a 53.35 buy point. Look for the stock to break out in volume at least 40% higher than normal.
The stock has a 97 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth tops 97% of all stocks.
Its Accumulation/Distribution Rating of B- shows moderate buying by institutional investors over the last 13 weeks.
In Q3, the company reported 32% earnings-per-share growth. Top line growth was flat, matching the prior quarter's 18%.
Envestnet earns the No. 4 rank among its peers in the Financial Services-Specialty industry group. CBOE ( CBOE ) is the top-ranked stock within the group.