Last $35.60 USD
Change Today +0.05 / 0.14%
Volume 141.1K
FNGN On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 2:18 PM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).

financial engines inc (FNGN) Snapshot

Open
$35.40
Previous Close
$35.55
Day High
$35.88
Day Low
$34.83
52 Week High
12/27/13 - $71.08
52 Week Low
08/15/14 - $33.92
Market Cap
1.8B
Average Volume 10 Days
299.5K
EPS TTM
$0.66
Shares Outstanding
51.8M
EX-Date
09/18/14
P/E TM
54.0x
Dividend
$0.24
Dividend Yield
0.62%
Current Stock Chart for FINANCIAL ENGINES INC (FNGN)

financial engines inc (FNGN) Related Bloomberg News

View More Bloomberg News

financial engines inc (FNGN) Related Businessweek News

No Related Businessweek News Found

financial engines inc (FNGN) Details

Financial Engines, Inc., together with its subsidiaries, provides independent, technology-enabled portfolio management services, investment advice, and retirement income services to participants in employer-sponsored defined contribution plans in the United States. The company helps investors to plan for retirement by offering personalized plans for saving and investing, as well as by providing assessments of retirement income needs and readiness. It provides Professional Management, a discretionary managed account service designed for plan participants who want affordable, personalized and professional portfolio management services, investment advice, and retirement income services from an independent investment advisor. The company also offers Online Advice, an Internet-based non-discretionary investment advisory service that offers personalized investment advice for plan participants who manage their portfolios directly. In addition, it provides Retirement Evaluation, a retirement readiness assessment provided to plan participants upon plan rollout. The company delivers its services to plan sponsors and plan participants primarily through connections to eight retirement plan providers. Financial Engines, Inc. was founded in 1996 and is headquartered in Sunnyvale, California.

442 Employees
Last Reported Date: 02/20/14
Founded in 1996

financial engines inc (FNGN) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $405.3K
President
Total Annual Compensation: $325.0K
Chief Financial Officer, Chief Risk Officer a...
Total Annual Compensation: $277.4K
Chief Investment Officer and Executive Vice P...
Total Annual Compensation: $323.3K
Compensation as of Fiscal Year 2013.

financial engines inc (FNGN) Key Developments

GRQ Investment Management Sues Financial Engines Inc. and Financial Engines Advisors LLC

Financial Engines Inc. and Financial Engines Advisors LLC are facing a lawsuit from GRQ Investment Management over alleged patent infringement. A complaint filed on Aug. 8 in U.S. District Court in Marshall, Texas, GRQ Investment contends that Financial Engines infringed on two patents that belonged to GRQ. GRQ Investment claims that one of the patent inventors, Brian Tarbox, assisted Financial Engines founder William Sharpe in developing his business in 1996. The plaintiffs have reportedly requested the court enjoin Financial Engines from providing its services.

Financial Engines, Inc. Declares Regular Quarterly Cash Dividend on Common Stock, Payable on October 6, 2014

On July 29, 2014, the Board of Directors of Financial Engines, Inc. declared a regular quarterly cash dividend of $0.06 per share of the company's common stock. The cash dividend will be paid on October 6, 2014 to stockholders of record as of the close of business on September 22, 2014.

Financial Engines, Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Year 2014

Financial Engines, Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. Revenue increased 21% to $69.8 million for the second quarter of 2014 from $57.8 million for the second quarter of 2013. Net income was $10.1 million, or $0.19 per diluted share, for the second quarter of 2014 compared to $6.3 million, or $0.12 per diluted share, for the second quarter of 2013. Non-GAAP adjusted EBITDA increased 47% to $26.2 million for the second quarter of 2014 from $17.8 million for the second quarter of 2013. Non-GAAP adjusted net income increased 56% to $13.2 million for the second quarter of 2014 from $8.5 million for the second quarter of 2013. Non-GAAP adjusted earnings per share increased 56% to $0.25 for the second quarter of 2014 from $0.16 for the second quarter of 2013. The increase in revenue was driven primarily by the growth in professional management revenue, which increased 25% to $60.7 million for the second quarter of 2014 from $48.5 million for the second quarter of 2013. Income from operations was $16.6 million for the second quarter of 2014 compared to $9.8 million for the second quarter of 2013. Income before income taxes was $16,619,000, compared to $9,818,000 for the last year. For the six months, the company's total revenue was $135,666,000, compared to $111,645,000 for the last year. Income from operations was $29,297,000, compared to $19,316,000 for the last year. Income before income taxes was $29,377,000, compared to $19,326,000 for the last year. Net and comprehensive income was $17,871,000 or $0.34 per diluted share, compared to $12,535,000 or $0.24 per diluted share for the last year. Net cash provided by operating activities was $30,109,000, compared to $26,753,000 for the last year. Purchase of property and equipment was $3,234,000, compared to $1,943,000 for the last year. Non-GAAP adjusted EBITDA was $48,236,000, compared to $34,529,000 for the last year. Non-GAAP adjusted net income was $23,958,000 or $0.45 per diluted share, compared to $16,373,000 or $0.32 per diluted share for the last year. Based on financial markets remaining at July 28, 2014 levels, the company estimates that its 2014 revenue will be in the range of $277 million to $282 million, and its 2014 non-GAAP adjusted EBITDA will be in the range of $98 million to $100 million. Using only the S&P 500 Index as a benchmark for equity markets, the company estimate from July 28, 2014 market levels, a sustained 1% change in the S&P 500 Index on July 28 through the end of 2014, would impact 2014 revenue by approximately 0.33%, and 2014 non-GAAP adjusted EBITDA by approximately 0.6%, all else being equal.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
FNGN:US $35.60 USD +0.05

FNGN Competitors

Market data is delayed at least 15 minutes.

Company Last Change
AllianceBernstein Holding LP $27.46 USD -0.06
Cohen & Steers Inc $41.31 USD +0.34
GAMCO Investors Inc $72.96 USD 0.00
Virtus Investment Partners Inc $187.90 USD +3.19
WisdomTree Investments Inc $11.82 USD -0.20
View Industry Companies
 

Industry Analysis

FNGN

Industry Average

Valuation FNGN Industry Range
Price/Earnings 53.5x
Price/Sales 7.0x
Price/Book 5.1x
Price/Cash Flow 44.8x
TEV/Sales 5.9x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact FINANCIAL ENGINES INC, please visit www.financialengines.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.