Press coverage about Financial Engines (NASDAQ:FNGN) has trended somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Financial Engines earned a news impact score of 0.15 on Accern’s scale. Accern also gave news coverage about the asset manager an impact score of 45.9938022148263 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Financial Engines (FNGN) Announces 4.1M Share Secondary Offering of Common Stock (streetinsider.com)
- Financial Engines : Announces Secondary Offering of Common Stock (4-traders.com)
- DA Davidson Analysts Lower Earnings Estimates for Financial Engines, Inc. (NASDAQ:FNGN) (americanbankingnews.com)
- William Blair Research Analysts Increase Earnings Estimates for Financial Engines, Inc. (NASDAQ:FNGN) (americanbankingnews.com)
Financial Engines (NASDAQ:FNGN) opened at 31.25 on Friday. Financial Engines has a one year low of $25.00 and a one year high of $45.75. The company has a 50-day moving average of $36.74 and a 200 day moving average of $39.49. The company has a market cap of $1.97 billion, a P/E ratio of 48.08 and a beta of 2.22.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 4th. Stockholders of record on Wednesday, September 20th will be given a $0.07 dividend. The ex-dividend date is Tuesday, September 19th. This represents a $0.28 annualized dividend and a dividend yield of 0.90%. Financial Engines’s dividend payout ratio (DPR) is 43.75%.
A number of brokerages have recently issued reports on FNGN. Zacks Investment Research downgraded shares of Financial Engines from a “buy” rating to a “hold” rating in a research report on Wednesday, April 26th. TheStreet raised shares of Financial Engines from a “c+” rating to a “b-” rating in a research report on Thursday, April 27th. DA Davidson initiated coverage on shares of Financial Engines in a report on Wednesday, June 21st. They issued a “buy” rating and a $44.00 target price for the company. BidaskClub downgraded shares of Financial Engines from a “sell” rating to a “strong sell” rating in a report on Saturday, July 1st. Finally, Sidoti initiated coverage on shares of Financial Engines in a report on Monday, July 10th. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $44.33.
In related news, EVP Michael Jerome Campbell sold 2,000 shares of the business’s stock in a transaction dated Tuesday, May 23rd. The shares were 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Christopher L. Jones sold 5,120 shares of the business’s stock in a transaction dated Tuesday, June 20th. The stock was sold at an average price of $38.45, for a total transaction of $196,864.00. Following the transaction, the executive vice president now owns 60,089 shares in the company, valued at $2,310,422.05. The disclosure for this sale can be found here. In the last quarter, insiders sold 23,595 shares of company stock worth $905,908. 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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