Enova International (ENVA) Scheduled to Post Quarterly Earnings on Tuesday

Enova International (NYSE:ENVA) is scheduled to be announcing its earnings results after the market closes on Tuesday, April 23rd. Analysts expect the company to announce earnings of $1.52 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Enova International (NYSE:ENVA) last issued its earnings results on Tuesday, January 30th. The credit services provider reported $1.62 EPS for the quarter, beating analysts’ consensus estimates of $1.54 by $0.08. The firm had revenue of $583.59 million for the quarter, compared to the consensus estimate of $587.34 million. Enova International had a return on equity of 15.84% and a net margin of 8.27%. On average, analysts expect Enova International to post $7 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Enova International Stock Performance

ENVA opened at $59.17 on Tuesday. The company has a market cap of $1.63 billion, a PE ratio of 10.80 and a beta of 1.55. The stock has a 50-day moving average of $60.77 and a 200-day moving average of $53.11. Enova International has a 52-week low of $35.30 and a 52-week high of $64.51. The company has a debt-to-equity ratio of 2.37, a quick ratio of 10.27 and a current ratio of 10.27.

Insider Transactions at Enova International

In other news, Director Linda Johnson Rice sold 5,000 shares of the firm’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $62.12, for a total value of $310,600.00. Following the transaction, the director now directly owns 9,182 shares in the company, valued at approximately $570,385.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, General Counsel Sean Rahilly sold 2,347 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $60.40, for a total value of $141,758.80. Following the completion of the transaction, the general counsel now owns 107,992 shares in the company, valued at approximately $6,522,716.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Linda Johnson Rice sold 5,000 shares of the firm’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $62.12, for a total value of $310,600.00. Following the completion of the transaction, the director now owns 9,182 shares of the company’s stock, valued at approximately $570,385.84. The disclosure for this sale can be found here. Insiders have sold 30,938 shares of company stock worth $1,799,557 in the last three months. Insiders own 7.80% of the company’s stock.

Hedge Funds Weigh In On Enova International

Several institutional investors and hedge funds have recently made changes to their positions in the company. MetLife Investment Management LLC boosted its stake in shares of Enova International by 53.0% in the first quarter. MetLife Investment Management LLC now owns 20,678 shares of the credit services provider’s stock valued at $785,000 after buying an additional 7,162 shares during the period. UBS Asset Management Americas Inc. boosted its stake in shares of Enova International by 13.3% in the second quarter. UBS Asset Management Americas Inc. now owns 46,568 shares of the credit services provider’s stock valued at $1,342,000 after buying an additional 5,461 shares during the period. Credit Suisse AG boosted its stake in shares of Enova International by 12.8% in the third quarter. Credit Suisse AG now owns 28,560 shares of the credit services provider’s stock valued at $835,000 after buying an additional 3,250 shares during the period. BNP Paribas Arbitrage SNC boosted its stake in shares of Enova International by 39.5% in the third quarter. BNP Paribas Arbitrage SNC now owns 16,244 shares of the credit services provider’s stock valued at $475,000 after buying an additional 4,602 shares during the period. Finally, Geode Capital Management LLC lifted its stake in Enova International by 2.1% during the fourth quarter. Geode Capital Management LLC now owns 575,112 shares of the credit services provider’s stock worth $22,067,000 after purchasing an additional 11,837 shares during the last quarter. Institutional investors and hedge funds own 89.43% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ENVA. StockNews.com raised Enova International from a “hold” rating to a “buy” rating in a research report on Saturday, March 23rd. BMO Capital Markets boosted their price objective on Enova International from $57.00 to $59.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 31st. JMP Securities boosted their price objective on Enova International from $62.00 to $73.00 and gave the stock a “market outperform” rating in a research report on Wednesday, January 31st. TheStreet cut Enova International from a “b” rating to a “c+” rating in a research report on Tuesday, January 30th. Finally, Jefferies Financial Group upped their price target on Enova International from $70.00 to $75.00 and gave the company a “buy” rating in a report on Tuesday, April 9th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $63.00.

About Enova International

Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, and internationally. The company provides installment loans; line of credit accounts; 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.