Enova International (ENVA) Set to Announce Quarterly Earnings on Tuesday

Enova International (NYSE:ENVA) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, April 23rd. Analysts expect the company to announce earnings of $1.52 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Enova International (NYSE:ENVA) last announced its quarterly earnings data on Tuesday, January 30th. The credit services provider reported $1.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.08. The company had revenue of $583.59 million for the quarter, compared to analysts’ expectations of $587.34 million. Enova International had a net margin of 8.27% and a return on equity of 15.84%. 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

Shares of ENVA opened at $60.71 on Friday. The firm’s 50 day moving average is $61.15 and its 200-day moving average is $53.35. The stock has a market capitalization of $1.67 billion, a P/E ratio of 11.08 and a beta of 1.55. The company has a debt-to-equity ratio of 2.37, a current ratio of 10.27 and a quick ratio of 10.27. Enova International has a 12-month low of $35.30 and a 12-month high of $64.51.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. BMO Capital Markets lifted their target price on shares of 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 shares of Enova International from $62.00 to $73.00 and gave the company a “market outperform” rating in a research report on Wednesday, January 31st. StockNews.com raised shares of Enova International from a “hold” rating to a “buy” rating in a research report on Saturday, March 23rd. Jefferies Financial Group boosted their price objective on shares of Enova International from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Tuesday, April 9th. Finally, TheStreet downgraded shares of Enova International from a “b” rating to a “c+” rating in a research report on Tuesday, January 30th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $63.00.

Insider Transactions at Enova International

In other news, General Counsel Sean Rahilly sold 2,347 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $60.40, for a total value of $141,758.80. Following the completion of the sale, the general counsel now directly owns 107,992 shares in the company, valued at $6,522,716.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, CFO Steven E. Cunningham sold 17,548 shares of the business’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $56.11, for a total transaction of $984,618.28. Following the transaction, the chief financial officer now owns 150,025 shares of the company’s stock, valued at $8,417,902.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Sean Rahilly sold 2,347 shares of the business’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $60.40, for a total transaction of $141,758.80. Following the transaction, the general counsel now directly owns 107,992 shares in the company, valued at approximately $6,522,716.80. The disclosure for this sale can be found here. Over the last three months, insiders sold 30,938 shares of company stock worth $1,799,557. 7.80% of the stock is owned by insiders.

Hedge Funds Weigh In On Enova International

A number of institutional investors and hedge funds have recently bought and sold shares of ENVA. MetLife Investment Management LLC increased its holdings in Enova International by 53.0% in the 1st 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. increased its holdings in Enova International by 13.3% in the 2nd 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 increased its holdings in Enova International by 12.8% in the 3rd 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 increased its holdings in Enova International by 39.5% in the 3rd 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 increased its holdings in Enova International by 2.1% in the 4th quarter. Geode Capital Management LLC now owns 575,112 shares of the credit services provider’s stock valued at $22,067,000 after buying an additional 11,837 shares during the period. Institutional investors own 89.43% of the company’s stock.

Enova International Company Profile

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.