Enova International (NYSE:ENVA) Rating Increased to Sell at ValuEngine

ValuEngine upgraded shares of Enova International (NYSE:ENVA) from a strong sell rating to a sell rating in a research report report published on Friday morning, ValuEngine reports.

Separately, Zacks Investment Research lowered Enova International from a strong-buy rating to a hold rating in a research report on Monday, January 6th.

Shares of ENVA opened at $22.32 on Friday. The company has a current ratio of 5.93, a quick ratio of 5.93 and a debt-to-equity ratio of 2.01. The firm has a market capitalization of $754.08 million, a P/E ratio of 9.62 and a beta of 2.39. The stock’s fifty day simple moving average is $23.21 and its 200 day simple moving average is $23.08. Enova International has a twelve month low of $19.40 and a twelve month high of $31.95.

Enova International (NYSE:ENVA) last issued its earnings results on Thursday, October 24th. The credit services provider reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.15. The business had revenue of $329.51 million for the quarter, compared to analyst estimates of $335.33 million. Enova International had a return on equity of 26.93% and a net margin of 7.85%. The business’s quarterly revenue was up 12.1% on a year-over-year basis. During the same period last year, the company posted $0.46 EPS. Sell-side analysts predict that Enova International will post 3.67 earnings per share for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Campbell & CO Investment Adviser LLC increased its holdings in Enova International by 18.8% in the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 11,305 shares of the credit services provider’s stock valued at $235,000 after purchasing an additional 1,789 shares in the last quarter. UBS Asset Management Americas Inc. increased its holdings in Enova International by 13.1% in the 2nd quarter. UBS Asset Management Americas Inc. now owns 20,365 shares of the credit services provider’s stock valued at $469,000 after purchasing an additional 2,351 shares in the last quarter. Zebra Capital Management LLC increased its holdings in Enova International by 156.9% in the 2nd quarter. Zebra Capital Management LLC now owns 23,658 shares of the credit services provider’s stock valued at $545,000 after purchasing an additional 14,450 shares in the last quarter. Public Employees Retirement System of Ohio increased its holdings in Enova International by 70.7% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 32,883 shares of the credit services provider’s stock valued at $682,000 after purchasing an additional 13,622 shares in the last quarter. Finally, Alps Advisors Inc. increased its holdings in Enova International by 153.7% in the 3rd quarter. Alps Advisors Inc. now owns 40,257 shares of the credit services provider’s stock valued at $836,000 after purchasing an additional 24,392 shares in the last quarter. Hedge funds and other institutional investors own 93.48% of the company’s stock.

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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