$1.55 Earnings Per Share Expected for Enova International, Inc. (NYSE:ENVA) This Quarter

Brokerages expect Enova International, Inc. (NYSE:ENVAGet Rating) to report $1.55 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Enova International’s earnings. The highest EPS estimate is $1.57 and the lowest is $1.52. Enova International posted earnings of $2.20 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 29.5%. The firm is scheduled to issue its next earnings report on Monday, January 1st.

On average, analysts expect that Enova International will report full-year earnings of $6.02 per share for the current financial year, with EPS estimates ranging from $5.57 to $6.40. For the next year, analysts expect that the business will post earnings of $7.09 per share, with EPS estimates ranging from $6.47 to $7.85. Zacks’ EPS averages are an average based on a survey of research firms that that provide coverage for Enova International.

Enova International (NYSE:ENVAGet Rating) last posted its quarterly earnings results on Thursday, February 3rd. The credit services provider reported $1.50 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.03 by $0.47. Enova International had a net margin of 21.22% and a return on equity of 24.90%. The firm had revenue of $363.61 million for the quarter, compared to the consensus estimate of $338.24 million. During the same period last year, the firm posted $2.23 earnings per share.

Several equities analysts have issued reports on the stock. Janney Montgomery Scott raised shares of Enova International from a “neutral” rating to a “buy” rating and set a $49.00 price objective on the stock in a research note on Monday, March 14th. JMP Securities increased their price objective on shares of Enova International from $48.00 to $54.00 and gave the stock a “market outperform” rating in a report on Monday, February 7th. Zacks Investment Research raised shares of Enova International from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a research report on Tuesday, February 8th. StockNews.com raised shares of Enova International from a “hold” rating to a “buy” rating in a research report on Friday, April 1st. Finally, Maxim Group upgraded Enova International from a “hold” rating to a “buy” rating and set a $55.00 target price on the stock in a research note on Monday, February 7th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $50.40.

Shares of ENVA opened at $37.55 on Friday. The company has a debt-to-equity ratio of 1.27, a current ratio of 11.64 and a quick ratio of 11.64. The stock has a market cap of $1.26 billion, a PE ratio of 5.53 and a beta of 1.49. The firm has a 50-day simple moving average of $39.04 and a two-hundred day simple moving average of $38.97. Enova International has a 1-year low of $30.04 and a 1-year high of $47.88.

In other Enova International news, CEO David Fisher sold 7,771 shares of Enova International stock in a transaction that occurred on Thursday, February 3rd. The stock was sold at an average price of $38.61, for a total value of $300,038.31. The sale was disclosed in a filing with the SEC, which is available through this link. Also, General Counsel Sean Rahilly sold 1,430 shares of the business’s stock in a transaction that occurred on Monday, February 14th. The shares were sold at an average price of $44.55, for a total value of $63,706.50. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 10,631 shares of company stock valued at $426,593. Corporate insiders own 6.30% of the company’s stock.

A number of large investors have recently made changes to their positions in the business. Strs Ohio boosted its stake in Enova International by 128.2% in the third quarter. Strs Ohio now owns 19,400 shares of the credit services provider’s stock worth $670,000 after purchasing an additional 10,900 shares in the last quarter. SG Americas Securities LLC lifted its stake in shares of Enova International by 218.0% during the third quarter. SG Americas Securities LLC now owns 13,946 shares of the credit services provider’s stock valued at $482,000 after acquiring an additional 9,561 shares during the period. New York State Common Retirement Fund lifted its stake in shares of Enova International by 18.0% during the third quarter. New York State Common Retirement Fund now owns 52,703 shares of the credit services provider’s stock valued at $1,821,000 after acquiring an additional 8,035 shares during the period. Summit Global Investments acquired a new position in shares of Enova International during the third quarter valued at $242,000. Finally, First Horizon Advisors Inc. lifted its stake in shares of Enova International by 1,525.6% during the third quarter. First Horizon Advisors Inc. now owns 699 shares of the credit services provider’s stock valued at $35,000 after acquiring an additional 656 shares during the period. Hedge funds and other institutional investors own 87.13% of the company’s stock.

About Enova International (Get Rating)

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.

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