Enova International Inc (ENVA) Expected to Announce Earnings of $0.97 Per Share

Analysts expect Enova International Inc (NYSE:ENVA) to announce $0.97 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Enova International’s earnings, with estimates ranging from $0.92 to $1.02. Enova International posted earnings of $1.02 per share in the same quarter last year, which suggests a negative year over year growth rate of 4.9%. The company is scheduled to report its next earnings report on Thursday, April 25th.

On average, analysts expect that Enova International will report full year earnings of $3.11 per share for the current year, with EPS estimates ranging from $3.03 to $3.16. For the next fiscal year, analysts anticipate that the company will report earnings of $3.69 per share, with EPS estimates ranging from $3.56 to $3.90. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that cover Enova International.

Enova International (NYSE:ENVA) last announced its quarterly earnings results on Thursday, January 31st. The credit services provider reported $0.52 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.52. The firm had revenue of $312.60 million during the quarter, compared to analysts’ expectations of $303.64 million. Enova International had a net margin of 6.29% and a return on equity of 24.19%.

A number of research firms have commented on ENVA. TheStreet upgraded shares of Enova International from a “c+” rating to a “b-” rating in a research note on Friday, February 15th. Zacks Investment Research upgraded shares of Enova International from a “hold” rating to a “buy” rating and set a $26.00 price target on the stock in a research note on Thursday, February 7th. ValuEngine upgraded shares of Enova International from a “sell” rating to a “hold” rating in a research note on Monday, February 4th. JMP Securities dropped their price target on shares of Enova International from $40.00 to $35.00 and set a “market outperform” rating on the stock in a research note on Thursday, December 6th. Finally, Maxim Group reiterated a “buy” rating and set a $40.00 price target (down from $43.00) on shares of Enova International in a research note on Friday, February 1st. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Enova International has a consensus rating of “Buy” and a consensus price target of $36.50.

Institutional investors have recently modified their holdings of the company. Tieton Capital Management LLC grew its position in Enova International by 0.3% during the fourth quarter. Tieton Capital Management LLC now owns 138,380 shares of the credit services provider’s stock worth $2,693,000 after buying an additional 470 shares during the period. Flinton Capital Management LLC grew its position in Enova International by 20.7% during the fourth quarter. Flinton Capital Management LLC now owns 3,824 shares of the credit services provider’s stock worth $74,000 after buying an additional 656 shares during the period. Arizona State Retirement System grew its position in Enova International by 6.5% during the fourth quarter. Arizona State Retirement System now owns 52,783 shares of the credit services provider’s stock worth $1,027,000 after buying an additional 3,238 shares during the period. Riverhead Capital Management LLC grew its position in Enova International by 345.5% during the third quarter. Riverhead Capital Management LLC now owns 4,900 shares of the credit services provider’s stock worth $141,000 after buying an additional 3,800 shares during the period. Finally, Public Employees Retirement System of Ohio grew its position in Enova International by 33.1% during the fourth quarter. Public Employees Retirement System of Ohio now owns 18,838 shares of the credit services provider’s stock worth $367,000 after buying an additional 4,687 shares during the period. Institutional investors and hedge funds own 92.62% of the company’s stock.

NYSE ENVA traded up $0.03 during trading on Friday, reaching $24.21. The company’s stock had a trading volume of 113,083 shares, compared to its average volume of 277,537. The company has a debt-to-equity ratio of 2.47, a quick ratio of 8.94 and a current ratio of 8.94. The firm has a market cap of $833.69 million, a PE ratio of 10.44 and a beta of 2.38. Enova International has a twelve month low of $17.85 and a twelve month high of $39.00.

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, 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 through existing tools and technologies.

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