Analysts expect that Enova International (NYSE:ENVA) will announce $239.89 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Enova International’s earnings. The highest sales estimate is $242.00 million and the lowest is $237.77 million. Enova International posted sales of $189.90 million in the same quarter last year, which suggests a positive year over year growth rate of 26.3%. The company is expected to issue its next earnings results on Thursday, July 26th.

According to Zacks, analysts expect that Enova International will report full-year sales of $1.02 billion for the current fiscal year. For the next fiscal year, analysts expect that the company will report sales of $1.16 billion per share, with estimates ranging from $1.12 billion to $1.20 billion. Zacks’ sales calculations are an average based on a survey of research analysts that that provide coverage for Enova International.

Enova International (NYSE:ENVA) last posted its quarterly earnings results on Thursday, April 26th. The credit services provider reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.34. Enova International had a return on equity of 20.25% and a net margin of 4.78%. The firm had revenue of $254.30 million for the quarter, compared to analyst estimates of $231.68 million. During the same period in the previous year, the firm earned $0.41 earnings per share. Enova International’s quarterly revenue was up 32.2% on a year-over-year basis.

A number of research analysts have recently commented on ENVA shares. TheStreet raised Enova International from a “c” rating to a “b-” rating in a report on Friday, April 27th. Jefferies Group reiterated a “buy” rating and issued a $24.00 price objective on shares of Enova International in a research report on Friday, February 2nd. Maxim Group raised their target price on Enova International from $27.00 to $32.00 and gave the stock a “buy” rating in a research report on Monday, April 30th. Zacks Investment Research downgraded Enova International from a “buy” rating to a “hold” rating in a research report on Wednesday, April 4th. Finally, JMP Securities raised their price target on Enova International from $19.00 to $24.00 and gave the company a “market outperform” rating in a report on Friday, February 2nd. Five equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $28.40.

In other news, Director James A. Gray sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, May 11th. The stock was sold at an average price of $32.56, for a total value of $325,600.00. Following the transaction, the director now owns 38,520 shares of the company’s stock, valued at $1,254,211.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark Tebbe sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The shares were sold at an average price of $22.49, for a total value of $112,450.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 88,888 shares of company stock worth $2,660,273. 5.60% of the stock is owned by company insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ENVA. JPMorgan Chase & Co. lifted its stake in Enova International by 231.8% during the first quarter. JPMorgan Chase & Co. now owns 470,097 shares of the credit services provider’s stock worth $10,366,000 after purchasing an additional 328,416 shares during the last quarter. Matarin Capital Management LLC acquired a new stake in Enova International in the first quarter valued at $5,288,000. Millennium Management LLC acquired a new stake in Enova International in the first quarter valued at $4,670,000. Principal Financial Group Inc. grew its holdings in Enova International by 64.5% during the 1st quarter. Principal Financial Group Inc. now owns 455,849 shares of the credit services provider’s stock worth $10,051,000 after acquiring an additional 178,766 shares during the period. Finally, Hennessy Advisors Inc. acquired a new stake in Enova International during the 1st quarter worth about $3,914,000. Hedge funds and other institutional investors own 92.28% of the company’s stock.

Enova International traded down $1.15, hitting $33.05, during mid-day trading on Friday, MarketBeat Ratings reports. The stock had a trading volume of 16,448 shares, compared to its average volume of 544,391. The company has a debt-to-equity ratio of 2.39, a current ratio of 9.45 and a quick ratio of 9.45. The firm has a market cap of $1.19 billion, a P/E ratio of 29.09 and a beta of 2.81. Enova International has a 1-year low of $11.15 and a 1-year high of $35.35.

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 through existing tools and technologies.

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