Equities research analysts expect that Enova International, Inc. (NYSE:ENVA) will announce earnings of $1.26 per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Enova International’s earnings, with the lowest EPS estimate coming in at $0.88 and the highest estimate coming in at $1.63. Enova International posted earnings per share of $2.97 during the same quarter last year, which indicates a negative year over year growth rate of 57.6%. The firm is expected to issue its next quarterly earnings report on Tuesday, October 26th.
According to Zacks, analysts expect that Enova International will report full year earnings of $6.66 per share for the current fiscal year, with EPS estimates ranging from $6.09 to $7.68. For the next fiscal year, analysts expect that the business will post earnings of $5.30 per share, with EPS estimates ranging from $4.69 to $5.72. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Enova International.
Enova International (NYSE:ENVA) last issued its earnings results on Thursday, July 29th. The credit services provider reported $2.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.94. The business had revenue of $264.72 million during the quarter, compared to analysts’ expectations of $261.88 million. Enova International had a return on equity of 36.35% and a net margin of 48.41%.
In other news, CEO David Fisher sold 4,445 shares of the firm’s stock in a transaction that occurred on Friday, July 9th. The stock was sold at an average price of $33.75, for a total value of $150,018.75. Following the transaction, the chief executive officer now owns 506,364 shares in the company, valued at $17,089,785. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 13,768 shares of company stock worth $450,003 in the last 90 days. Corporate insiders own 6.30% of the company’s stock.
A number of institutional investors have recently modified their holdings of ENVA. Carolina Wealth Advisors LLC lifted its holdings in Enova International by 18.4% during the second quarter. Carolina Wealth Advisors LLC now owns 2,236 shares of the credit services provider’s stock worth $76,000 after acquiring an additional 348 shares during the period. Mutual of America Capital Management LLC lifted its holdings in Enova International by 8.8% during the first quarter. Mutual of America Capital Management LLC now owns 4,846 shares of the credit services provider’s stock worth $172,000 after acquiring an additional 392 shares during the period. Metropolitan Life Insurance Co NY lifted its holdings in Enova International by 106,500.0% during the second quarter. Metropolitan Life Insurance Co NY now owns 9,594 shares of the credit services provider’s stock worth $328,000 after acquiring an additional 9,585 shares during the period. Oregon Public Employees Retirement Fund lifted its holdings in Enova International by 2.3% during the second quarter. Oregon Public Employees Retirement Fund now owns 14,789 shares of the credit services provider’s stock worth $506,000 after acquiring an additional 338 shares during the period. Finally, Amalgamated Bank bought a new stake in Enova International during the second quarter worth $613,000. Institutional investors and hedge funds own 85.48% of the company’s stock.
Shares of ENVA stock traded up $0.56 on Wednesday, hitting $32.36. The company had a trading volume of 1,033 shares, compared to its average volume of 332,765. The firm has a market cap of $1.19 billion, a P/E ratio of 2.34 and a beta of 1.78. The stock’s 50-day moving average is $32.40 and its two-hundred day moving average is $34.30. The company has a debt-to-equity ratio of 0.94, a quick ratio of 9.30 and a current ratio of 9.30. Enova International has a twelve month low of $15.13 and a twelve month high of $41.06.
About Enova International
Enova International, Inc engages in the provision of online financial services. Its products and services include short-term consumer loan, line of credit accounts, instalment loans, receivables purchase agreements, credit services organization program, bank program, and decision management platform-as-a-service & analytics-as-a-service.
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