Analysts forecast that Enova International Inc (NYSE:ENVA) will announce sales of $267.54 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Enova International’s earnings, with the highest sales estimate coming in at $269.00 million and the lowest estimate coming in at $266.07 million. Enova International posted sales of $217.88 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 22.8%. The firm is expected to issue its next earnings report on Thursday, October 25th.

On average, analysts expect that Enova International will report full year sales of $1.06 billion for the current financial year, with estimates ranging from $1.06 billion to $1.07 billion. For the next financial year, analysts expect that the firm will report sales of $1.22 billion per share, with estimates ranging from $1.17 billion to $1.26 billion. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research analysts that follow Enova International.

Enova International (NYSE:ENVA) last announced its quarterly earnings data on Thursday, July 26th. The credit services provider reported $0.53 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.53. Enova International had a net margin of 5.12% and a return on equity of 21.44%. The company had revenue of $253.30 million for the quarter, compared to the consensus estimate of $239.45 million. During the same period in the prior year, the firm posted $0.41 EPS. Enova International’s revenue for the quarter was up 33.4% on a year-over-year basis.

ENVA has been the topic of several recent analyst reports. Zacks Investment Research raised shares of Enova International from a “hold” rating to a “strong-buy” rating and set a $37.00 price objective on the stock in a research report on Thursday, August 2nd. Maxim Group reissued a “buy” rating and set a $43.00 price objective on shares of Enova International in a research report on Friday, July 27th. Stephens set a $45.00 price objective on shares of Enova International and gave the company a “buy” rating in a research report on Friday, July 27th. JMP Securities increased their price objective on shares of Enova International from $24.00 to $30.00 and gave the company a “market outperform” rating in a research report on Friday, April 27th. Finally, ValuEngine downgraded shares of Enova International from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 31st. Six analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $35.80.

In other Enova International news, Director Gregg A. Kaplan sold 14,100 shares of the company’s stock in a transaction dated Thursday, May 31st. The shares were sold at an average price of $33.20, for a total transaction of $468,120.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 5.60% of the stock is currently owned by corporate insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Legal & General Group Plc lifted its stake in Enova International by 2.8% during the 1st quarter. Legal & General Group Plc now owns 62,471 shares of the credit services provider’s stock valued at $1,376,000 after acquiring an additional 1,710 shares during the period. Rhumbline Advisers lifted its stake in Enova International by 2.9% during the 1st quarter. Rhumbline Advisers now owns 79,196 shares of the credit services provider’s stock valued at $1,746,000 after acquiring an additional 2,209 shares during the period. Alps Advisors Inc. lifted its stake in Enova International by 8.4% during the 2nd quarter. Alps Advisors Inc. now owns 29,755 shares of the credit services provider’s stock valued at $1,088,000 after acquiring an additional 2,315 shares during the period. MetLife Investment Advisors LLC lifted its stake in shares of Enova International by 18.0% in the 1st quarter. MetLife Investment Advisors LLC now owns 15,391 shares of the credit services provider’s stock worth $339,000 after purchasing an additional 2,343 shares during the period. Finally, Meeder Asset Management Inc. lifted its stake in shares of Enova International by 146.8% in the 2nd quarter. Meeder Asset Management Inc. now owns 4,216 shares of the credit services provider’s stock worth $154,000 after purchasing an additional 2,508 shares during the period. Institutional investors and hedge funds own 89.74% of the company’s stock.

ENVA stock traded up $0.20 during trading on Wednesday, hitting $35.70. 547,600 shares of the stock traded hands, compared to its average volume of 370,031. Enova International has a 1 year low of $11.15 and a 1 year high of $39.00. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of 31.20 and a beta of 2.64. The company has a debt-to-equity ratio of 2.29, a quick ratio of 9.86 and a current ratio of 9.86.

Enova International Company Profile

Enova International, Inc, a technology and analytics company, provides online financial services. The company offers short-term consumer loans; line of credit accounts; installment loans; receivables purchase agreements; CSO programs, including credit-related services, such as arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs comprising technology, loan servicing, and marketing services to the bank, as well as Enova Decisions, an analytics as a service that enables companies to take decisions about their customers through existing tools and technologies.

Featured Story: Short Selling

Get a free copy of the Zacks research report on Enova International (ENVA)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Enova International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enova International and related companies with MarketBeat.com's FREE daily email newsletter.