Enova International (ENVA) Stock Price, News & Analysis

Company Overview

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. It offers money transfer services. It markets its financing products under the CashNetUSA, NetCredit, OnDeck, Headway Capital, Simplic, and Pangea names. The company was founded in 2003 and is headquartered in Chicago, Illinois.

Key Stats

• Today's Range: $93.61 to $100.53
• 50-Day Range: $84.02 to $106.72
• 52-Week Range: $53.04 to $108.15
• Volume: 279,378 shs
• Average Volume: 229,262 shs
• Market Capitalization: $2.47 billion
• P/E Ratio: 15.05
• Dividend Yield: N/A
• Price Target: $91.14
• Consensus Rating: Moderate Buy

Enova International Stock Analysis - MarketRank™

Enova International scored higher than 38% of companies evaluated by MarketBeat, and ranked 775th out of 959 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Enova International has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Enova International has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 22.65%

Earnings Growth

Earnings for Enova International are expected to grow by 22.65% in the coming year, from $7.99 to $9.80 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Enova International is 15.22, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Enova International is 15.22, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.40.

Price to Book Value per Share Ratio

Enova International has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.03% of the float of Enova International has been sold short.

Short Interest Ratio / Days to Cover

Enova International has a short interest ratio ("days to cover") of 8.7.

Change versus previous month

Short interest in Enova International has recently decreased by 1.14%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Enova International does not currently pay a dividend.

Dividend Growth

Enova International does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

7.03% of the float of Enova International has been sold short.

Short Interest Ratio / Days to Cover

Enova International has a short interest ratio ("days to cover") of 8.7.

Change versus previous month

Short interest in Enova International has recently decreased by 1.14%, indicating that investor sentiment is improving.

News and Social Media

• Score: 1.4 / 5
• News Sentiment: 0.45

News Sentiment

Enova International has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.74 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Enova International this week, compared to 3 articles on an average week.

Search Interest

Only 4 people have searched for ENVA on MarketBeat in the last 30 days. This is a decrease of -56% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Enova International insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $8,552,679.00 in company stock.

Percentage Held by Insiders

Only 7.80% of the stock of Enova International is held by insiders.

Percentage Held by Institutions

89.43% of the stock of Enova International is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ENVA Stock Analysis - Frequently Asked Questions

How have ENVA shares performed this year?

Enova International's stock was trading at $55.36 at the beginning of 2024. Since then, ENVA shares have increased by 72.4% and is now trading at $95.44.
View the best growth stocks for 2024 here.

How were Enova International's earnings last quarter?

Enova International, Inc. (NYSE:ENVA) announced its earnings results on Tuesday, October, 22nd. The credit services provider reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.31 by $0.14. Enova International's quarterly revenue was up 25.1% on a year-over-year basis.

How will Enova International's stock buyback program work?

Enova International's board approved a share repurchase program on Monday, August 12th 2024, which allows the company to buy back $300,000,000 in shares, according to EventVestor. This means that the company could repurchase up to 12.5% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

Who are Enova International's major shareholders?

Enova International's top institutional shareholders include Geode Capital Management LLC (2.31%), Harspring Capital Management LLC (1.56%), Tieton Capital Management LLC (0.50%) and Foundry Partners LLC (0.47%). Insiders that own company stock include David Fisher, Steven E Cunningham, Kirk Chartier, Sean Rahilly, Ellen Carnahan, Gregg A Kaplan and James Joseph Lee.
View institutional ownership trends.

How do I buy shares of Enova International?

Shares of ENVA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Enova International own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Enova International investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Advanced Micro Devices (AMD), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Visa (V).

Company Calendar

• Last Earnings: 10/22/2024
• Today: 12/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Personal credit institutions
• Sub-Industry: Banking
• Current Symbol: NYSE:ENVA
• CUSIP: N/A
• CIK: 1529864
• Web: www.enova.com
• Phone: (312) 568-4200
• Fax: 312-268-6465
• Employees: 1,675
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $91.14
• High Stock Price Target: $110.00
• Low Stock Price Target: $62.00
• Potential Upside/Downside: -4.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.63
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $6.27
• Trailing P/E Ratio: 15.22
• Forward P/E Ratio: 11.94
• P/E Growth: N/A
• Net Income: $175.12 million
• Net Margins: 7.19%
• Pretax Margin: 9.37%
• Return on Equity: 18.41%
• Return on Assets: 4.57%

Debt

• Debt-to-Equity Ratio: 2.79
• Current Ratio: 15.82
• Quick Ratio: 15.82

Sales & Book Value

• Annual Sales: $2.51 billion
• Price / Sales: 1.00
• Cash Flow: $7.49 per share
• Price / Cash Flow: 12.74
• Book Value: $41.52 per share
• Price / Book: 2.30

Miscellaneous

• Outstanding Shares: 26,206,000
• Free Float: 24,162,000
• Market Cap: $2.50 billion
• Optionable: Optionable
• Beta: 1.46