Enova International (ENVA) to Release Quarterly Earnings on Tuesday

Enova International (NYSE:ENVA) will post its quarterly earnings results after the market closes on Tuesday, April 23rd. Analysts expect Enova International to post earnings of $1.52 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Enova International (NYSE:ENVA) last released its quarterly earnings data on Tuesday, January 30th. The credit services provider reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.08. The business had revenue of $583.59 million during the quarter, compared to analyst estimates of $587.34 million. Enova International had a return on equity of 15.84% and a net margin of 8.27%. On average, analysts expect Enova International to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Enova International Stock Performance

ENVA opened at $60.71 on Monday. The firm has a market cap of $1.67 billion, a PE ratio of 11.08 and a beta of 1.55. The business has a fifty day simple moving average of $61.15 and a 200-day simple moving average of $53.39. The company has a quick ratio of 10.27, a current ratio of 10.27 and a debt-to-equity ratio of 2.37. Enova International has a fifty-two week low of $35.30 and a fifty-two week high of $64.51.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. StockNews.com raised Enova International from a “hold” rating to a “buy” rating in a research report on Saturday, March 23rd. BMO Capital Markets raised their target price on Enova International from $57.00 to $59.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 31st. JMP Securities increased their price objective on Enova International from $62.00 to $73.00 and gave the stock a “market outperform” rating in a report on Wednesday, January 31st. TheStreet lowered Enova International from a “b” rating to a “c+” rating in a report on Tuesday, January 30th. Finally, Jefferies Financial Group increased their price objective on Enova International from $70.00 to $75.00 and gave the stock a “buy” rating in a report on Tuesday, April 9th. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $63.00.

Insider Buying and Selling

In other Enova International news, General Counsel Sean Rahilly sold 2,347 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $60.40, for a total transaction of $141,758.80. Following the transaction, the general counsel now directly owns 107,992 shares in the company, valued at $6,522,716.80. The transaction was disclosed in a filing with the SEC, which is available through this link. In other Enova International news, General Counsel Sean Rahilly sold 2,347 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $60.40, for a total transaction of $141,758.80. Following the transaction, the general counsel now directly owns 107,992 shares in the company, valued at $6,522,716.80. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Linda Johnson Rice sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $62.12, for a total value of $310,600.00. Following the transaction, the director now owns 9,182 shares in the company, valued at $570,385.84. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 30,938 shares of company stock worth $1,799,557. Corporate insiders own 7.80% of the company’s stock.

Hedge Funds Weigh In On Enova International

Institutional investors have recently made changes to their positions in the business. UniSuper Management Pty Ltd bought a new position in shares of Enova International in the second quarter worth about $101,000. Lazard Asset Management LLC bought a new position in shares of Enova International in the third quarter worth about $181,000. Campbell & CO Investment Adviser LLC bought a new position in shares of Enova International in the fourth quarter worth about $360,000. BNP Paribas Arbitrage SNC increased its stake in shares of Enova International by 39.5% in the third quarter. BNP Paribas Arbitrage SNC now owns 16,244 shares of the credit services provider’s stock worth $475,000 after purchasing an additional 4,602 shares during the period. Finally, MetLife Investment Management LLC increased its stake in shares of Enova International by 53.0% in the first quarter. MetLife Investment Management LLC now owns 20,678 shares of the credit services provider’s stock worth $785,000 after purchasing an additional 7,162 shares during the period. 89.43% of the stock is currently owned by institutional investors.

About Enova International

Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, and internationally. The company provides installment loans; line of credit accounts; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan.