Enova International Inc (NYSE:ENVA) Expected to Announce Earnings of $1.03 Per Share

Wall Street brokerages expect Enova International Inc (NYSE:ENVA) to report earnings of $1.03 per share for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Enova International’s earnings. Enova International reported earnings of $0.52 per share in the same quarter last year, which suggests a positive year over year growth rate of 98.1%. The firm is expected to report its next quarterly earnings results on Thursday, January 30th.

On average, analysts expect that Enova International will report full-year earnings of $3.97 per share for the current financial year, with EPS estimates ranging from $3.86 to $4.07. For the next financial year, analysts anticipate that the firm will report earnings of $4.30 per share, with EPS estimates ranging from $4.10 to $4.49. Zacks’ EPS calculations are an average based on a survey of research analysts that cover Enova International.

Enova International (NYSE:ENVA) last posted its quarterly earnings results on Thursday, October 24th. The credit services provider reported $0.86 EPS for the quarter, topping the consensus estimate of $0.71 by $0.15. Enova International had a return on equity of 26.93% and a net margin of 7.85%. The business had revenue of $329.51 million for the quarter, compared to analyst estimates of $335.33 million. During the same quarter in the previous year, the firm earned $0.46 EPS. The company’s quarterly revenue was up 12.1% compared to the same quarter last year.

ENVA has been the topic of several analyst reports. ValuEngine lowered Enova International from a “sell” rating to a “strong sell” rating in a report on Monday, November 4th. Zacks Investment Research upgraded Enova International from a “hold” rating to a “strong-buy” rating and set a $27.00 price target on the stock in a report on Thursday, October 31st.

Shares of NYSE ENVA traded down $0.68 during trading on Friday, hitting $22.72. 175,479 shares of the company were exchanged, compared to its average volume of 253,634. Enova International has a 12-month low of $17.85 and a 12-month high of $31.95. The company has a debt-to-equity ratio of 2.01, a quick ratio of 5.93 and a current ratio of 5.93. The company has a fifty day moving average price of $23.17 and a 200-day moving average price of $23.02. The firm has a market capitalization of $790.23 million, a PE ratio of 9.79 and a beta of 2.40.

Several large investors have recently modified their holdings of the stock. Public Employees Retirement System of Ohio increased its position in shares of Enova International by 70.7% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 32,883 shares of the credit services provider’s stock worth $682,000 after purchasing an additional 13,622 shares during the last quarter. California State Teachers Retirement System increased its position in shares of Enova International by 1.9% during the 3rd quarter. California State Teachers Retirement System now owns 51,487 shares of the credit services provider’s stock worth $1,068,000 after purchasing an additional 953 shares during the last quarter. Alps Advisors Inc. increased its position in shares of Enova International by 153.7% during the 3rd quarter. Alps Advisors Inc. now owns 40,257 shares of the credit services provider’s stock worth $836,000 after purchasing an additional 24,392 shares during the last quarter. Russell Investments Group Ltd. increased its position in shares of Enova International by 56.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 49,407 shares of the credit services provider’s stock worth $1,025,000 after purchasing an additional 17,731 shares during the last quarter. Finally, James Investment Research Inc. increased its position in shares of Enova International by 6.3% during the 3rd quarter. James Investment Research Inc. now owns 45,360 shares of the credit services provider’s stock worth $941,000 after purchasing an additional 2,690 shares during the last quarter. 93.48% of the stock is owned by hedge funds and other institutional investors.

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.

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