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Financial Engines (NASDAQ:FNGN) reached a new 52-week low on Friday , Analyst Ratings Network reports. The stock traded as low as $33.92 and last traded at $34.49, with a volume of 285,043 shares. The stock had previously closed at $35.44.

FNGN has been the subject of a number of recent research reports. Analysts at Raymond James upgraded shares of Financial Engines from an “underperform” rating to a “market perform” rating in a research note on Wednesday, July 30th. Finally, analysts at TheStreet downgraded shares of Financial Engines from a “buy” rating to a “hold” rating in a research note on Thursday, May 22nd. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Financial Engines has a consensus rating of “Buy” and a consensus target price of $56.00.

The stock’s 50-day moving average is $38.80 and its 200-day moving average is $47.41. The company has a market cap of $1.788 billion and a price-to-earnings ratio of 52.97.

Financial Engines (NASDAQ:FNGN) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.25 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.22 by $0.03. The company had revenue of $69.80 million for the quarter, compared to the consensus estimate of $69.68 million. During the same quarter last year, the company posted $0.16 earnings per share. Financial Engines’s revenue was up 20.8% compared to the same quarter last year. On average, analysts predict that Financial Engines will post $0.94 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Monday, October 6th. Shareholders of record on Monday, September 22nd will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.68%. The ex-dividend date is Thursday, September 18th.

In other Financial Engines news, CEO Jeffrey Nacey Maggioncalda sold 15,000 shares of the stock in a transaction that occurred on Tuesday, August 12th. The stock was sold at an average price of $35.51, for a total value of $532,650.00. The sale was disclosed in a document filed with the SEC, which is available at this link.

Financial Engines, Inc (NASDAQ:FNGN) is a provider of portfolio management services, investment advice and retirement income services to participants in employer-sponsored defined contribution plans, such as 401(k) plans.

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