Wall Street analysts expect Enova International Inc (NYSE:ENVA) to announce $0.47 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Enova International’s earnings. The lowest EPS estimate is $0.43 and the highest is $0.50. Enova International reported earnings of $0.25 per share in the same quarter last year, which indicates a positive year over year growth rate of 88%. The firm is scheduled to report its next quarterly earnings report on Thursday, October 25th.

On average, analysts expect that Enova International will report full-year earnings of $2.49 per share for the current year, with EPS estimates ranging from $2.40 to $2.55. For the next fiscal year, analysts forecast that the business will post earnings of $3.03 per share, with EPS estimates ranging from $2.78 to $3.36. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that that provide coverage for Enova International.

Enova International (NYSE:ENVA) last announced its quarterly earnings data on Thursday, July 26th. The credit services provider reported $0.53 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.53. The business had revenue of $253.30 million during the quarter, compared to analysts’ expectations of $239.45 million. Enova International had a return on equity of 21.44% and a net margin of 5.12%. The business’s quarterly revenue was up 33.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.41 EPS.

ENVA has been the subject of several recent research reports. Zacks Investment Research cut Enova International from a “hold” rating to a “sell” rating in a research note on Tuesday, July 10th. Maxim Group restated a “buy” rating and set a $32.00 target price on shares of Enova International in a research note on Friday, July 13th. TheStreet cut Enova International from a “b-” rating to a “c” rating in a research note on Monday, July 30th. JMP Securities boosted their target price on Enova International from $24.00 to $30.00 and gave the stock a “market outperform” rating in a research note on Friday, April 27th. Finally, Stephens set a $45.00 target price on Enova International and gave the stock a “buy” rating in a research note on Friday, July 27th. Six equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $35.80.

Shares of ENVA traded up $0.45 during midday trading on Monday, hitting $35.50. The company had a trading volume of 283,954 shares, compared to its average volume of 368,914. The company has a debt-to-equity ratio of 2.29, a quick ratio of 9.86 and a current ratio of 9.86. The stock has a market capitalization of $1.15 billion, a PE ratio of 30.87 and a beta of 2.64. Enova International has a 1 year low of $11.15 and a 1 year high of $39.00.

In related news, Director Gregg A. Kaplan sold 14,100 shares of the business’s stock in a transaction that occurred on Thursday, May 31st. The stock was 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 Securities & Exchange Commission, which is accessible through this hyperlink. 5.60% of the stock is owned by insiders.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Meeder Asset Management Inc. increased its position in Enova International by 146.8% during the second quarter. Meeder Asset Management Inc. now owns 4,216 shares of the credit services provider’s stock worth $154,000 after buying an additional 2,508 shares during the period. MetLife Investment Advisors LLC acquired a new position in Enova International during the fourth quarter worth approximately $198,000. United Services Automobile Association acquired a new position in Enova International during the second quarter worth approximately $214,000. Xact Kapitalforvaltning AB acquired a new position in Enova International during the second quarter worth approximately $223,000. Finally, Koch Industries Inc. acquired a new position in Enova International during the first quarter worth approximately $252,000. 89.74% of the stock is currently owned by institutional investors.

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.

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