Brokerages expect Enova International Inc (NYSE:ENVA) to post $288.61 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have provided estimates for Enova International’s earnings, with estimates ranging from $287.22 million to $290.00 million. Enova International posted sales of $243.70 million in the same quarter last year, which suggests a positive year-over-year growth rate of 18.4%. The firm is expected to announce its next quarterly earnings results on Thursday, February 7th.
On average, analysts expect that Enova International will report full-year sales of $1.06 billion for the current year, with estimates ranging from $1.06 billion to $1.07 billion. For the next fiscal year, analysts forecast that the firm will report sales of $1.22 billion, with estimates ranging from $1.17 billion to $1.26 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that follow Enova International.
Enova International (NYSE:ENVA) last posted its quarterly earnings data on Thursday, July 26th. The credit services provider reported $0.53 EPS for the quarter, hitting the consensus estimate of $0.53. Enova International had a return on equity of 23.20% and a net margin of 6.54%. The firm had revenue of $253.30 million for the quarter, compared to the consensus estimate of $239.45 million. During the same quarter last year, the company earned $0.41 earnings per share. The business’s revenue for the quarter was up 33.4% compared to the same quarter last year.
Large investors have recently added to or reduced their stakes in the stock. Meeder Asset Management Inc. grew its position in shares of 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 purchasing an additional 2,508 shares in the last quarter. United Services Automobile Association purchased a new stake in shares of Enova International during the second quarter worth about $214,000. Xact Kapitalforvaltning AB purchased a new stake in shares of Enova International during the second quarter worth about $223,000. First Quadrant L P CA purchased a new stake in shares of Enova International during the third quarter worth about $225,000. Finally, Advisor Partners LLC purchased a new stake in shares of Enova International during the second quarter worth about $280,000. Hedge funds and other institutional investors own 92.43% of the company’s stock.
Shares of NYSE ENVA traded up $1.67 during trading on Monday, hitting $24.45. The company had a trading volume of 776,322 shares, compared to its average volume of 345,920. The company has a quick ratio of 9.86, a current ratio of 9.86 and a debt-to-equity ratio of 2.29. Enova International has a 12 month low of $13.25 and a 12 month high of $39.00. The company has a market capitalization of $778.02 million, a P/E ratio of 21.26 and a beta of 2.65.
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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