Enova International (ENVA) Scheduled to Post 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. Investors that wish to register for the company’s conference call can do so using this link.

Enova International (NYSE:ENVA) last announced its earnings results on Tuesday, January 30th. The credit services provider reported $1.62 EPS for the quarter, topping the consensus estimate 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 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 stock opened at $59.17 on Tuesday. The company has a debt-to-equity ratio of 2.37, a quick ratio of 10.27 and a current ratio of 10.27. The company has a market capitalization of $1.63 billion, a P/E ratio of 10.80 and a beta of 1.55. The company’s 50 day moving average price is $60.77 and its two-hundred day moving average price is $53.11. Enova International has a 52 week low of $35.30 and a 52 week high of $64.51.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Enova International

In other news, Director Linda Johnson Rice sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 28th. The shares were sold at an average price of $62.12, for a total transaction of $310,600.00. Following the completion of the sale, the director now owns 9,182 shares of the company’s stock, valued at approximately $570,385.84. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other Enova International 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 transaction 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, General Counsel Sean Rahilly sold 2,347 shares of the firm’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 transaction, the general counsel now owns 107,992 shares in the company, valued at $6,522,716.80. The disclosure for this sale can be found here. In the last 90 days, insiders sold 30,938 shares of company stock valued at $1,799,557. 7.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Enova International

Hedge funds have recently made changes to their positions in the business. UniSuper Management Pty Ltd bought a new stake in shares of Enova International during the 2nd quarter valued at about $101,000. Lazard Asset Management LLC purchased a new stake in Enova International in the third quarter valued at approximately $181,000. Campbell & CO Investment Adviser LLC purchased a new stake in Enova International in the fourth quarter valued at approximately $360,000. BNP Paribas Arbitrage SNC grew its stake 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 worth $475,000 after buying an additional 4,602 shares in the last quarter. Finally, MetLife Investment Management LLC increased its holdings in shares of 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 worth $785,000 after buying an additional 7,162 shares during the last quarter. 89.43% of the stock is currently owned by institutional investors.

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.