Wall Street analysts expect that Enova International Inc (NYSE:ENVA) will announce $0.47 earnings per share for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Enova International’s earnings. The highest EPS estimate is $0.50 and the lowest is $0.43. Enova International reported earnings per share of $0.25 during the same quarter last year, which would indicate a positive year over year growth rate of 88%. The company is scheduled to issue its next quarterly earnings report on Thursday, October 25th.
On average, analysts expect that Enova International will report full-year earnings of $2.51 per share for the current fiscal year, with EPS estimates ranging from $2.40 to $2.59. For the next fiscal year, analysts forecast that the firm will report earnings of $3.10 per share, with EPS estimates ranging from $2.78 to $3.36. Zacks Investment Research’s EPS averages are an average based on a survey of research analysts that cover Enova International.
Enova International (NYSE:ENVA) last posted its quarterly earnings data on Thursday, July 26th. The credit services provider reported $0.53 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.53. The company had revenue of $253.30 million for the quarter, compared to the consensus estimate of $239.45 million. Enova International had a net margin of 5.12% and a return on equity of 21.44%. The firm’s revenue was up 33.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.41 earnings per share.
ENVA has been the topic of a number of recent analyst reports. Zacks Investment Research cut shares of Enova International from a “hold” rating to a “sell” rating in a research note on Tuesday, July 10th. TheStreet cut shares of Enova International from a “b-” rating to a “c” rating in a research report on Monday, July 30th. Maxim Group reiterated a “buy” rating and set a $32.00 price objective on shares of Enova International in a research report on Friday, July 13th. Stephens set a $45.00 price objective on shares of Enova International and gave the company a “buy” rating in a research report on Friday, July 27th. Finally, ValuEngine cut shares of Enova International from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 31st. Six analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $35.80.
NYSE ENVA traded down $0.05 on Friday, reaching $31.10. 2,585 shares of the stock were exchanged, compared to its average volume of 221,388. Enova International has a one year low of $12.70 and a one year high of $39.00. The stock has a market cap of $1.05 billion, a price-to-earnings ratio of 27.39 and a beta of 2.64. The company has a current ratio of 9.86, a quick ratio of 9.86 and a debt-to-equity ratio of 2.29.
A number of institutional investors have recently made changes to their positions in ENVA. Meeder Asset Management Inc. raised its position in shares of Enova International by 146.8% during the 2nd quarter. Meeder Asset Management Inc. now owns 4,216 shares of the credit services provider’s stock worth $154,000 after acquiring an additional 2,508 shares in the last quarter. United Services Automobile Association acquired a new position in Enova International during the second quarter worth approximately $214,000. Xact Kapitalforvaltning AB acquired a new position in Enova International during the second quarter worth approximately $223,000. Advisor Partners LLC acquired a new position in Enova International during the second quarter worth approximately $280,000. Finally, Piedmont Investment Advisors LLC acquired a new position in Enova International during the second quarter worth approximately $288,000. Institutional investors own 92.56% of the company’s stock.
Enova International Company Profile
Enova International, Inc, a technology and analytics company, provides online financial services. The company offers short-term consumer loans; line of credit accounts; installment loans; receivables purchase agreements; CSO programs, including credit-related services, such as arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs comprising technology, loan servicing, and marketing services to the bank, as well as Enova Decisions, an analytics as a service that enables companies to take decisions about their customers through existing tools and technologies.
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