Enova International, Inc., a technology and analytics company, provides online financial services in the United States, Brazil, Australia, and Canada. The company offers installment loans; line of credit accounts; receivables purchase agreements; 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. It markets its financing products under the CashNetUSA, NetCredit, OnDeck, Headway Capital, The Business Backer, Simplic, and Pangea names. Enova International, Inc. was incorporated in 2011 and is headquartered in Chicago, Illinois.
Analyst Upgrades and Downgrades
Separately, JMP Securities decreased their price objective on Enova International from $54.00 to $42.00 and set a "market outperform" rating on the stock in a research note on Friday, July 15th.
Enova International Trading Up 1.7 %
ENVA Stock traded up $0.63 during midday trading on Tuesday, hitting $38.58. The stock had a trading volume of 140,581 shares, compared to its average volume of 310,438. The firm has a market cap of $1.23 billion, a PE ratio of 6.72 and a beta of 1.45. The company has a debt-to-equity ratio of 1.66, a current ratio of 13.45 and a quick ratio of 13.45. Enova International has a 12-month low of $25.80 and a 12-month high of $47.88. The company's 50-day moving average price is $31.44 and its 200 day moving average price is $35.06.
Enova International (NYSE:ENVA - Get Rating) last announced its quarterly earnings data on Thursday, July 28th. The credit services provider reported $1.64 EPS for the quarter, beating analysts' consensus estimates of $1.48 by $0.16. Enova International had a return on equity of 19.31% and a net margin of 13.88%. The business had revenue of $407.90 million during the quarter, compared to the consensus estimate of $405.15 million. During the same quarter in the previous year, the business earned $2.16 earnings per share. The business's revenue for the quarter was up 54.1% on a year-over-year basis. On average, equities research analysts predict that Enova International will post 6.05 earnings per share for the current fiscal year.