Analysts Anticipate Enova International, Inc. (NYSE:ENVA) to Post $0.73 EPS

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Brokerages expect Enova International, Inc. (NYSE:ENVA) to announce $0.73 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Enova International’s earnings, with the lowest EPS estimate coming in at $0.29 and the highest estimate coming in at $1.16. Enova International reported earnings of $0.92 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 20.7%. The business is expected to issue its next earnings results on Wednesday, February 3rd.

On average, analysts expect that Enova International will report full year earnings of $5.97 per share for the current financial year, with EPS estimates ranging from $5.88 to $6.06. For the next year, analysts anticipate that the firm will post earnings of $4.42 per share, with EPS estimates ranging from $3.96 to $5.12. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that follow Enova International.

Enova International (NYSE:ENVA) last issued its quarterly earnings results on Tuesday, October 27th. The credit services provider reported $2.97 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.60 by $2.37. Enova International had a net margin of 8.29% and a return on equity of 36.64%. The business had revenue of $204.55 million for the quarter, compared to the consensus estimate of $253.62 million.

Several analysts have recently commented on ENVA shares. Zacks Investment Research cut shares of Enova International from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. ValuEngine cut Enova International from a “sell” rating to a “strong sell” rating in a research note on Tuesday, September 1st. One analyst has rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $21.00.

Shares of NYSE ENVA traded down $0.63 during trading on Tuesday, reaching $20.92. The company had a trading volume of 169,409 shares, compared to its average volume of 409,499. Enova International has a 52 week low of $7.84 and a 52 week high of $29.33. The business’s 50 day moving average price is $18.19 and its 200-day moving average price is $15.97. The stock has a market cap of $746.13 million, a PE ratio of 6.28 and a beta of 1.68. The company has a debt-to-equity ratio of 1.51, a quick ratio of 13.65 and a current ratio of 13.65.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Whittier Trust Co. bought a new stake in shares of Enova International during the 3rd quarter valued at $45,000. James Investment Research Inc. boosted its position in shares of Enova International by 8.3% in the 2nd quarter. James Investment Research Inc. now owns 49,220 shares of the credit services provider’s stock worth $732,000 after purchasing an additional 3,755 shares during the last quarter. BNP Paribas Arbitrage SA grew its stake in shares of Enova International by 208.3% during the third quarter. BNP Paribas Arbitrage SA now owns 7,730 shares of the credit services provider’s stock worth $127,000 after purchasing an additional 5,223 shares during the period. Wedge Capital Management L L P NC increased its holdings in Enova International by 5.7% in 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 purchasing an additional 5,649 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake in Enova International by 55.7% in 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 during the period. 87.67% 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, 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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Earnings History and Estimates for Enova International (NYSE:ENVA)

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