Enova International (ENVA) to Release Quarterly Earnings on Tuesday

Enova International (NYSE:ENVA – Get Rating) will issue its quarterly earnings data after the market closes on Tuesday, May 3rd. Analysts expect the company to announce earnings of $1.44 per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Enova International (NYSE:ENVA – Get Rating) last announced its quarterly earnings data on Thursday, February 3rd. The credit services provider reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.47. The business had revenue of $363.61 million for the quarter, compared to the consensus estimate of $338.24 million. Enova International had a net margin of 21.22% and a return on equity of 24.90%. During the same quarter in the prior year, the firm posted $2.23 earnings per share. On average, analysts expect Enova International to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.

Shares of ENVA opened at $37.94 on Tuesday. The company has a quick ratio of 11.64, a current ratio of 11.64 and a debt-to-equity ratio of 1.27. The stock has a market capitalization of $1.27 billion, a P/E ratio of 5.59 and a beta of 1.49. The firm’s 50 day moving average price is $38.23. Enova International has a 1 year low of $30.04 and a 1 year high of $47.88.

Several equities analysts recently issued reports on ENVA shares. 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. Zacks Investment Research raised shares of Enova International from a “hold” rating to a “buy” rating and set a $50.00 price objective on the stock in a research note on Tuesday, February 8th. JMP Securities upped their price objective on shares of Enova International from $48.00 to $54.00 and gave the company a “market outperform” rating in a research note on Monday, February 7th. Maxim Group raised shares of Enova International from a “hold” rating to a “buy” rating and set a $55.00 price objective on the stock in a research note on Monday, February 7th. Finally, StockNews.com raised shares of Enova International from a “hold” rating to a “buy” rating in a research note on Friday, April 1st. Five analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $52.00.

In other news, CEO David Fisher sold 7,771 shares of the firm’s stock in a transaction on Thursday, February 3rd. The shares were 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 accessible through this link. Also, General Counsel Sean Rahilly sold 1,430 shares of the firm’s stock in a transaction on Monday, February 14th. The shares were sold at an average price of $44.55, for a total transaction of $63,706.50. The disclosure for this sale can be found here. Company insiders own 7.20% of the company’s stock.

Hedge funds have recently modified their holdings of the company. Bank of New York Mellon Corp grew its holdings in Enova International by 0.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 433,634 shares of the credit services provider’s stock valued at $14,983,000 after purchasing an additional 2,606 shares in the last quarter. Geode Capital Management LLC grew its holdings in Enova International by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 638,844 shares of the credit services provider’s stock valued at $26,167,000 after purchasing an additional 9,756 shares in the last quarter. Credit Suisse AG grew its holdings in Enova International by 9.6% during the 4th quarter. Credit Suisse AG now owns 29,323 shares of the credit services provider’s stock valued at $1,201,000 after purchasing an additional 2,568 shares in the last quarter. Parametric Portfolio Associates LLC grew its holdings in Enova International by 6.9% during the 4th quarter. Parametric Portfolio Associates LLC now owns 119,587 shares of the credit services provider’s stock valued at $4,898,000 after purchasing an additional 7,754 shares in the last quarter. Finally, California State Teachers Retirement System grew its holdings in Enova International by 1.1% during the 4th quarter. California State Teachers Retirement System now owns 50,882 shares of the credit services provider’s stock valued at $2,084,000 after purchasing an additional 578 shares in the last quarter. 87.13% of the stock is currently owned by institutional investors and hedge funds.

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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