Expert Outlook: Enova International Through The Eyes Of 5 Analysts

Providing a diverse range of perspectives from bullish to bearish, 5 analysts have published ratings on Enova International ENVA in the last three months.

The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.

Analysts have set 12-month price targets for Enova International, revealing an average target of $57.6, a high estimate of $66.00, and a low estimate of $45.00. Highlighting a 10.93% decrease, the current average has fallen from the previous average price target of $64.67.

Diving into Analyst Ratings: An In-Depth Exploration

A clear picture of Enova International's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Enova International. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Enova International compared to the broader market.
• Price Targets: Analysts predict movements in price targets, offering estimates for Enova International's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into Enova International's market standing. Stay informed and make well-considered decisions with our Ratings Table.

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About Enova International

Enova International Inc provides online financial services, including short-term consumer loans, line of credit accounts, and installment loans to customers mainly in the United States and the United Kingdom. Consumers apply for credit online, receive a decision almost immediately, and can receive funds within one day. Enova acts as either the lender or a third-party facilitator between borrowers and other lenders. The company earns revenue from interest income, finance charges, and other fees, including fees on the transactions between borrowers and third-party lenders. The majority of revenue comes from the United States. The company realizes similar amounts of revenue from each of its three different products: short-term loans, lines of credit, and installment loans.

Enova International: A Financial Overview

Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Growth: Enova International's remarkable performance in 3 months is evident. As of 30 September, 2023, the company achieved an impressive revenue growth rate of 20.86%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Financials sector, the company excelled with a growth rate higher than the average among peers.

Net Margin: Enova International's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 7.49%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Enova International's ROE excels beyond industry benchmarks, reaching 3.29%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Enova International's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 1.03%, the company showcases efficient use of assets and strong financial health.

Debt Management: Enova International's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 1.96.

Understanding the Relevance of Analyst Ratings

Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.

This article was generated by Benzinga's automated content engine and reviewed by an editor.