Enova International (ENVA) Scheduled to Post Quarterly Earnings on Tuesday

Enova International (NYSE:ENVA - Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, April 23rd. Analysts expect the company to announce earnings of $1.52 per share for the quarter. Parties interested in listening to the company's conference call can do so using this link.

Enova International (NYSE:ENVA - Get Free Report) last released its earnings results on Tuesday, January 30th. The credit services provider reported $1.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.54 by $0.08. The business had revenue of $583.59 million for the quarter, compared to the consensus estimate 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 Down 1.0 %

Shares of NYSE:ENVA traded down $0.56 during midday trading on Tuesday, reaching $58.59. The company had a trading volume of 191,476 shares, compared to its average volume of 259,660. The company has a quick ratio of 10.27, a current ratio of 10.27 and a debt-to-equity ratio of 2.37. The business's 50 day moving average price is $60.77 and its 200 day moving average price is $53.11. The stock has a market cap of $1.61 billion, a PE ratio of 10.64 and a beta of 1.55. Enova International has a 1-year low of $35.30 and a 1-year high of $64.51.


Insider Activity

In other news, Director Linda Johnson Rice sold 5,000 shares of the company's stock in a transaction that occurred on Wednesday, February 28th. The stock was 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 of the company's stock, valued at $570,385.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CFO Steven E. Cunningham sold 17,548 shares of the company's stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $56.11, for a total value of $984,618.28. Following the transaction, the chief financial officer now owns 150,025 shares of the company's stock, valued at $8,417,902.75. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Linda Johnson Rice sold 5,000 shares of the business's stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $62.12, for a total value of $310,600.00. Following the completion of the sale, the director now owns 9,182 shares of the company's stock, valued at $570,385.84. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 30,938 shares of company stock valued at $1,799,557. 7.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Enova International

Several institutional investors have recently made changes to their positions in the stock. UniSuper Management Pty Ltd bought a new stake in Enova International during the second quarter worth $101,000. Lazard Asset Management LLC bought a new stake in Enova International during the third quarter worth $181,000. Campbell & CO Investment Adviser LLC bought a new stake in Enova International during the fourth quarter worth $360,000. BNP Paribas Arbitrage SNC lifted its stake in Enova International by 39.5% during 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 last quarter. Finally, MetLife Investment Management LLC lifted its stake in Enova International by 53.0% during 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 last quarter. 89.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

ENVA has been the topic of a number of recent analyst reports. Jefferies Financial Group boosted their price target on Enova International from $70.00 to $75.00 and gave the stock a "buy" rating in a research report on Tuesday, April 9th. TheStreet downgraded Enova International from a "b" rating to a "c+" rating in a research report on Tuesday, January 30th. BMO Capital Markets boosted their price target 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. StockNews.com raised Enova International from a "hold" rating to a "buy" rating in a research report on Saturday, March 23rd. Finally, JMP Securities boosted their price target on Enova International from $62.00 to $73.00 and gave the stock a "market outperform" rating in a research report on Wednesday, January 31st. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $63.00.

Check Out Our Latest Report on ENVA

About Enova International

(Get Free Report)

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.

See Also

Earnings History for Enova International (NYSE:ENVA)

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