Equities analysts expect that Enova International Inc (NYSE:ENVA) will post earnings per share of $1.41 for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Enova International’s earnings. Enova International reported earnings of $1.16 per share during the same quarter last year, which indicates a positive year over year growth rate of 21.6%. The business is expected to announce its next quarterly earnings results on Thursday, April 23rd.
On average, analysts expect that Enova International will report full year earnings of $4.42 per share for the current financial year, with EPS estimates ranging from $4.10 to $4.74. For the next year, analysts anticipate that the business will post earnings of $5.26 per share. Zacks’ EPS calculations are an average based on a survey of research firms that cover Enova International.
Enova International (NYSE:ENVA) last announced its earnings results on Wednesday, January 29th. The credit services provider reported $0.92 earnings per share (EPS) for the quarter, missing the 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 analyst estimates of $339.58 million. During the same period last year, the firm earned $0.55 EPS. The company’s revenue for the quarter was up 24.8% compared to the same quarter last year.
ENVA traded up $0.17 on Friday, hitting $21.97. 270,500 shares of the company’s stock were exchanged, compared to its average volume of 321,417. Enova International has a fifty-two week low of $19.40 and a fifty-two week high of $31.95. The company has a current ratio of 5.90, a quick ratio of 5.93 and a debt-to-equity ratio of 2.63. The firm has a 50-day moving average price of $22.90 and a 200-day moving average price of $23.07. The stock has a market cap of $736.19 million, a price-to-earnings ratio of 21.54 and a beta of 2.35.
In other news, Director William M. Goodyear purchased 2,500 shares of the stock in a transaction dated Tuesday, February 18th. The shares were purchased at an average price of $21.11 per share, with a total value of $52,775.00. Following the transaction, the director now owns 44,788 shares in the company, valued at approximately $945,474.68. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO David Fisher sold 23,985 shares of the business’s stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of $25.02, for a total transaction of $600,104.70. Following the transaction, the chief executive officer now directly owns 379,554 shares in the company, valued at approximately $9,496,441.08. The disclosure for this sale can be found here. Insiders own 7.10% of the company’s stock.
Several hedge funds have recently made changes to their positions in ENVA. Patriot Financial Group Insurance Agency LLC purchased a new stake in Enova International in the 4th quarter valued at about $57,000. LS Investment Advisors LLC purchased a new stake in Enova International in the 4th quarter valued at about $126,000. Quantbot Technologies LP raised its holdings in Enova International by 25.4% in the 4th quarter. Quantbot Technologies LP now owns 5,422 shares of the credit services provider’s stock valued at $130,000 after buying an additional 1,097 shares during the period. SG Americas Securities LLC purchased a new stake in Enova International in the 4th quarter valued at about $165,000. Finally, Smith Asset Management Group LP purchased a new stake in Enova International in the 4th quarter valued at about $214,000. 93.68% of the stock is currently owned by hedge funds and other institutional investors.
About Enova International
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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