The Latest Analyst Ratings For Enova International

4 analysts have shared their evaluations of Enova International ENVA during the recent three months, expressing a mix of bullish and bearish perspectives.

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 recently evaluated Enova International and provided 12-month price targets. The average target is $62.75, accompanied by a high estimate of $73.00 and a low estimate of $57.00. This current average reflects an increase of 6.36% from the previous average price target of $59.00.

Interpreting Analyst Ratings: A Closer Look

The perception of Enova International by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Enova International. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Enova International compared to the broader market.
• Price Targets: Understanding forecasts, analysts offer estimates for Enova International's future value. Examining the current and prior targets provides insight into analysts' changing expectations.

For valuable insights into Enova International's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Enova International analyst ratings.

If you are interested in following small-cap stock news and performance you can start by tracking it here.

Delving into Enova International's Background

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's Economic Impact: An Analysis

Market Capitalization Analysis: Positioned below industry benchmarks, the company's market capitalization faces constraints in size. This could be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Enova International displayed positive results in 3 months. As of 30 September, 2023, the company achieved a solid revenue growth rate of approximately 20.86%. This indicates a notable 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: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 7.49%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): Enova International's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 3.29%, the company may face hurdles in generating optimal returns for shareholders.

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: With a below-average debt-to-equity ratio of 1.96, Enova International adopts a prudent financial strategy, indicating a balanced approach to debt management.

Analyst Ratings: What Are They?

Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.

Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.

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