Equities analysts predict that Enova International Inc (NYSE:ENVA) will post sales of $340.53 million for the current quarter, according to Zacks. Two analysts have made estimates for Enova International’s earnings, with the highest sales estimate coming in at $343.06 million and the lowest estimate coming in at $338.00 million. Enova International posted sales of $293.18 million in the same quarter last year, which suggests a positive year over year growth rate of 16.2%. The firm is expected to issue its next earnings report on Thursday, April 23rd.
On average, analysts expect that Enova International will report full year sales of $1.45 billion for the current financial year, with estimates ranging from $1.44 billion to $1.45 billion. For the next year, analysts anticipate that the firm will post sales of $1.61 billion. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that follow Enova International.
Enova International (NYSE:ENVA) last issued its earnings results on Wednesday, January 29th. The credit services provider reported $0.92 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.95 by ($0.03). Enova International had a return on equity of 29.98% and a net margin of 2.92%. The business had revenue of $345.26 million for the quarter, compared to the consensus estimate of $339.58 million. During the same quarter in the previous year, the company earned $0.55 earnings per share. The firm’s revenue was up 24.8% on a year-over-year basis.
Enova International stock traded up $0.17 during midday trading on Friday, hitting $21.97. 270,500 shares of the company’s stock were exchanged, compared to its average volume of 321,417. The company has a debt-to-equity ratio of 2.63, a quick ratio of 5.93 and a current ratio of 5.90. Enova International has a 12 month low of $19.40 and a 12 month high of $31.95. The firm has a 50-day moving average of $22.90 and a two-hundred day moving average of $23.07. The company has a market cap of $736.19 million, a PE ratio of 21.54 and a beta of 2.35.
In other Enova International news, CEO David Fisher sold 23,985 shares of the firm’s stock in a transaction that occurred on Wednesday, January 29th. The shares were sold at an average price of $25.02, for a total transaction of $600,104.70. Following the completion of the transaction, the chief executive officer now directly owns 379,554 shares of the company’s stock, valued at approximately $9,496,441.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director William M. Goodyear purchased 2,500 shares of Enova International stock in a transaction on Tuesday, February 18th. The shares were acquired at an average cost of $21.11 per share, with a total value of $52,775.00. Following the completion of the transaction, the director now directly owns 44,788 shares in the company, valued at approximately $945,474.68. The disclosure for this purchase can be found here. Company insiders own 7.10% of the company’s stock.
A number of institutional investors and hedge funds have recently bought and sold shares of ENVA. Patriot Financial Group Insurance Agency LLC purchased a new position in Enova International during the 4th quarter worth approximately $57,000. LS Investment Advisors LLC purchased a new position in Enova International during the 4th quarter worth approximately $126,000. Quantbot Technologies LP raised its position in Enova International by 25.4% during the 4th quarter. Quantbot Technologies LP now owns 5,422 shares of the credit services provider’s stock worth $130,000 after buying an additional 1,097 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Enova International during the 4th quarter worth approximately $165,000. Finally, Smith Asset Management Group LP acquired a new stake in shares of Enova International during the 4th quarter worth approximately $214,000. 93.68% of the stock is 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.
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