Enova International, Inc. (NYSE:ENVA) – Equities research analysts at Jefferies Financial Group issued their Q3 2020 earnings per share estimates for Enova International in a report released on Wednesday, October 21st. Jefferies Financial Group analyst J. Hecht anticipates that the credit services provider will post earnings per share of $0.60 for the quarter. Jefferies Financial Group also issued estimates for Enova International’s Q4 2020 earnings at $0.34 EPS, FY2020 earnings at $2.72 EPS, Q1 2021 earnings at $0.26 EPS, Q2 2021 earnings at $0.78 EPS, Q3 2021 earnings at $0.94 EPS, Q4 2021 earnings at $1.24 EPS and FY2021 earnings at $3.22 EPS.
Enova International (NYSE:ENVA) last released its quarterly earnings data on Tuesday, July 28th. The credit services provider reported $1.68 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.76. The business had revenue of $253.06 million during the quarter, compared to analyst estimates of $262.94 million. Enova International had a return on equity of 25.75% and a net margin of 2.33%. The company’s revenue was down 2.5% compared to the same quarter last year. During the same period last year, the company posted $0.97 EPS.
A number of other analysts have also issued reports on ENVA. Zacks Investment Research lowered Enova International from a “strong-buy” rating to a “hold” rating in a report on Monday, October 5th. ValuEngine lowered Enova International from a “sell” rating to a “strong sell” rating in a report on Tuesday, September 1st. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $21.00.
ENVA opened at $17.41 on Friday. The stock has a fifty day moving average of $17.14 and a 200-day moving average of $15.37. The firm has a market capitalization of $524.22 million, a P/E ratio of 17.07 and a beta of 1.76. Enova International has a 12-month low of $7.84 and a 12-month high of $29.33. The company has a quick ratio of 13.73, a current ratio of 13.73 and a debt-to-equity ratio of 1.90.
Several large investors have recently made changes to their positions in the stock. BNP Paribas Arbitrage SA raised its holdings in shares of Enova International by 21.8% during the first quarter. BNP Paribas Arbitrage SA now owns 14,759 shares of the credit services provider’s stock worth $214,000 after acquiring an additional 2,645 shares in the last quarter. James Investment Research Inc. raised its holdings in Enova International by 8.3% during the second quarter. James Investment Research Inc. now owns 49,220 shares of the credit services provider’s stock valued at $732,000 after buying an additional 3,755 shares in the last quarter. Wedge Capital Management L L P NC raised its holdings in Enova International by 5.7% during the third quarter. Wedge Capital Management L L P NC now owns 104,212 shares of the credit services provider’s stock valued at $1,708,000 after buying an additional 5,649 shares in the last quarter. SG Americas Securities LLC raised its holdings in Enova International by 55.7% during the second quarter. SG Americas Securities LLC now owns 19,901 shares of the credit services provider’s stock valued at $296,000 after buying an additional 7,122 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Enova International by 3.2% during the first quarter. Geode Capital Management LLC now owns 642,985 shares of the credit services provider’s stock valued at $9,316,000 after buying an additional 20,024 shares in the last quarter. Institutional investors and hedge funds own 87.67% of the company’s stock.
About Enova International
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, unsecured consumer installment loans, 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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