Financial Engines, Inc. (NASDAQ:FNGN) – Stock analysts at William Blair boosted their Q4 2017 EPS estimates for shares of Financial Engines in a research report issued to clients and investors on Wednesday. William Blair analyst R. Napoli now expects that the asset manager will post earnings of $0.29 per share for the quarter, up from their previous forecast of $0.27. William Blair also issued estimates for Financial Engines’ Q2 2018 earnings at $0.28 EPS, Q3 2018 earnings at $0.32 EPS and Q4 2018 earnings at $0.34 EPS.

Other analysts also recently issued research reports about the stock. TheStreet raised shares of Financial Engines from a “c+” rating to a “b-” rating in a research report on Thursday, April 27th. Zacks Investment Research raised shares of Financial Engines from a “hold” rating to a “buy” rating and set a $42.00 price objective for the company in a research report on Wednesday, July 12th. Sidoti started coverage on shares of Financial Engines in a research report on Monday, July 10th. They issued a “buy” rating for the company. DA Davidson started coverage on shares of Financial Engines in a research report on Wednesday, June 21st. They issued a “buy” rating and a $44.00 price objective for the company. Finally, BidaskClub downgraded shares of Financial Engines from a “sell” rating to a “strong sell” rating in a research report on Saturday, July 1st. One equities research analyst has rated the stock with a sell rating and five have given a buy rating to the company’s stock. Financial Engines currently has an average rating of “Buy” and a consensus price target of $44.33.

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Shares of Financial Engines (NASDAQ FNGN) traded down 0.87% on Friday, reaching $34.00. 291,283 shares of the company were exchanged. The company has a 50-day moving average price of $37.37 and a 200 day moving average price of $39.70. Financial Engines has a 1-year low of $25.00 and a 1-year high of $45.75. The stock has a market capitalization of $2.15 billion, a PE ratio of 52.31 and a beta of 2.22.

Financial Engines (NASDAQ:FNGN) last announced its quarterly earnings data on Tuesday, August 8th. The asset manager reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by $0.02. Financial Engines had a net margin of 8.98% and a return on equity of 7.31%. The business had revenue of $118.47 million during the quarter, compared to analyst estimates of $119.94 million. During the same quarter last year, the firm posted $0.28 EPS. The company’s revenue for the quarter was up 11.5% on a year-over-year basis.

A number of institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP boosted its stake in Financial Engines by 73.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 301,593 shares of the asset manager’s stock worth $11,084,000 after buying an additional 127,938 shares during the last quarter. Norges Bank bought a new stake in Financial Engines during the fourth quarter worth about $14,487,000. Teachers Advisors LLC boosted its stake in Financial Engines by 1.7% in the fourth quarter. Teachers Advisors LLC now owns 87,945 shares of the asset manager’s stock worth $3,232,000 after buying an additional 1,497 shares during the last quarter. Bank of Montreal Can boosted its stake in Financial Engines by 9.3% in the first quarter. Bank of Montreal Can now owns 9,332 shares of the asset manager’s stock worth $406,000 after buying an additional 797 shares during the last quarter. Finally, Louisiana State Employees Retirement System boosted its stake in Financial Engines by 8.9% in the first quarter. Louisiana State Employees Retirement System now owns 23,300 shares of the asset manager’s stock worth $1,015,000 after buying an additional 1,900 shares during the last quarter.

In related news, EVP Michael Jerome Campbell sold 2,000 shares of the firm’s stock in a transaction on Tuesday, May 23rd. The stock was sold at an average price of $39.40, for a total transaction of $78,800.00. Following the transaction, the executive vice president now directly owns 41,020 shares in the company, valued at $1,616,188. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jeffrey C. Grace sold 7,718 shares of the firm’s stock in a transaction on Monday, August 7th. The stock was sold at an average price of $37.63, for a total value of $290,428.34. Following the transaction, the insider now owns 4,140 shares in the company, valued at $155,788.20. The disclosure for this sale can be found here. Insiders have sold 29,234 shares of company stock valued at $1,132,944 in the last three months. Corporate insiders own 15.97% of the company’s stock.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 4th. Stockholders of record on Wednesday, September 20th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.82%. The ex-dividend date is Tuesday, September 19th. Financial Engines’s payout ratio is currently 43.75%.

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.

Earnings History and Estimates for Financial Engines (NASDAQ:FNGN)

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