ENV vs. CNXC, CBZ, FLYW, DLO, PAY, FA, WNS, WU, EXLS, and PAYO
Should you be buying Envestnet stock or one of its competitors? The main competitors of Envestnet include Concentrix (CNXC), CBIZ (CBZ), Flywire (FLYW), DLocal (DLO), Paymentus (PAY), First Advantage (FA), WNS (WNS), Western Union (WU), ExlService (EXLS), and Payoneer Global (PAYO). These companies are all part of the "business services, not elsewhere classified" industry.
Concentrix (NASDAQ:CNXC) and Envestnet (NYSE:ENV) are both mid-cap business services companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, profitability, valuation, community ranking, media sentiment, earnings, dividends and risk.
Envestnet received 339 more outperform votes than Concentrix when rated by MarketBeat users. Likewise, 59.14% of users gave Envestnet an outperform vote while only 48.57% of users gave Concentrix an outperform vote.
90.3% of Concentrix shares are owned by institutional investors. 3.0% of Concentrix shares are owned by company insiders. Comparatively, 8.9% of Envestnet shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.
Concentrix has a beta of 0.56, meaning that its stock price is 44% less volatile than the S&P 500. Comparatively, Envestnet has a beta of 1.26, meaning that its stock price is 26% more volatile than the S&P 500.
Concentrix has a net margin of 3.53% compared to Concentrix's net margin of -19.17%. Envestnet's return on equity of 17.70% beat Concentrix's return on equity.
In the previous week, Concentrix had 2 more articles in the media than Envestnet. MarketBeat recorded 8 mentions for Concentrix and 6 mentions for Envestnet. Concentrix's average media sentiment score of 0.42 beat Envestnet's score of 0.24 indicating that Envestnet is being referred to more favorably in the news media.
Concentrix currently has a consensus price target of $74.75, suggesting a potential upside of 30.50%. Envestnet has a consensus price target of $63.67, suggesting a potential upside of 0.44%. Given Envestnet's higher possible upside, equities research analysts clearly believe Concentrix is more favorable than Envestnet.
Concentrix has higher revenue and earnings than Envestnet. Envestnet is trading at a lower price-to-earnings ratio than Concentrix, indicating that it is currently the more affordable of the two stocks.
Summary
Concentrix beats Envestnet on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding ENV and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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