Financial Engines (FNGN) Receives Daily Media Impact Rating of 0.31
Media coverage about Financial Engines (NASDAQ:FNGN) has trended positive on Friday, AlphaOne Sentiment Analysis reports. AlphaOne, a service of Accern, identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Financial Engines earned a media sentiment score of 0.31 on AlphaOne’s scale. AlphaOne also assigned news coverage about the asset manager an impact score of 43 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted AlphaOne’s analysis:
- Financial Engines : Fngn) Shares Sold by Loomis Sayles & Co. L P (4-traders.com)
- Insider Selling: Financial Engines, Inc. (FNGN) EVP Sells 269 Shares of Stock (americanbankingnews.com)
- Financial Engines, Inc. : FNGN-US: Dividend Analysis : June 14th, 2017 (record date) : By the numbers : June 15, 2017 (finance.yahoo.com)
- Financial Engines, Inc. (FNGN) Expected to Announce Earnings of $0.25 Per Share (americanbankingnews.com)
- Coursera hires CEO who helped his last company go public (finance.yahoo.com)
Shares of Financial Engines (NASDAQ FNGN) traded down 0.52% on Friday, reaching $38.35. The company had a trading volume of 438,773 shares. Financial Engines has a 12 month low of $23.56 and a 12 month high of $45.75. The firm’s 50 day moving average is $39.79 and its 200 day moving average is $39.55. The firm has a market capitalization of $2.41 billion, a PE ratio of 65.22 and a beta of 2.17.
Financial Engines (NASDAQ:FNGN) last issued its quarterly earnings data on Thursday, May 4th. The asset manager reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. Financial Engines had a net margin of 8.39% and a return on equity of 7.24%. The firm had revenue of $114.10 million for the quarter, compared to analyst estimates of $115.78 million. During the same quarter in the previous year, the business posted $0.24 EPS. The firm’s revenue was up 23.9% compared to the same quarter last year. On average, equities research analysts expect that Financial Engines will post $1.36 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, July 6th. Stockholders of record on Wednesday, June 14th will be paid a $0.07 dividend. The ex-dividend date of this dividend is 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 presently 48.28%.
A number of equities research analysts have weighed in on the company. Zacks Investment Research raised Financial Engines from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a research report on Wednesday, May 10th. Jefferies Group LLC set a $47.00 target price on Financial Engines and gave the company a “buy” rating in a research report on Saturday, February 25th. TheStreet raised Financial Engines from a “c+” rating to a “b-” rating in a research report on Thursday, April 27th. Finally, William Blair reissued an “outperform” rating on shares of Financial Engines in a research report on Friday, February 24th.
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In other news, EVP Michael Jerome Campbell sold 2,000 shares of the company’s stock in a transaction dated Tuesday, March 21st. The shares were sold at an average price of $41.25, for a total value of $82,500.00. Following the sale, the executive vice president now owns 40,254 shares in the company, valued at approximately $1,660,477.50. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Raymond J. Sims sold 24,649 shares of the company’s stock in a transaction dated Tuesday, May 2nd. The shares were sold at an average price of $42.53, for a total transaction of $1,048,321.97. Following the completion of the sale, the chief financial officer now owns 26,358 shares in the company, valued at approximately $1,121,005.74. The disclosure for this sale can be found here. In the last 90 days, insiders sold 141,261 shares of company stock worth $5,799,275. Company insiders own 15.97% of the company’s stock.
About Financial Engines
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.
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