Maxim Group analyst Michael Diana reiterated a Buy rating on Enova International (ENVA – Research Report) yesterday. The company’s shares opened today at $56.49.
According to TipRanks, Diana is a 5-star analyst with an average return of 12.7% and a 52.00% success rate. Diana covers the Financial sector, focusing on stocks such as Ellington Financial, Saratoga Investment, and Cullen/Frost Bankers.
Enova International has an analyst consensus of Strong Buy, with a price target consensus of $66.50, which is a 17.72% upside from current levels. In a report released yesterday, JMP Securities also reiterated a Buy rating on the stock with a $70.00 price target.
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Based on Enova International’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $439.63 million and a net profit of $50.92 million. In comparison, last year the company earned a revenue of $1.35 million and had a net profit of $230.69 million
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ENVA in relation to earlier this year.
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Enova International, Inc. engages in the provision of online financial services. Its products and services include short-term consumer loan, line of credit accounts, instalment loans, receivables purchase agreements, credit services organization (CSO) program, bank program, and decision management platform-as-a-service and analytics-as-a-service. It caters non-prime credit consumers and small businesses in the United States and Brazil. The company was founded by Albert Goldstein and Alexander Goldstein in 2003 and is headquartered in Chicago, IL.
Read More on ENVA:
- Enova Reports Second Quarter 2023 Results
- Enova International reports Q2 adjusted EPS $1.72, consensus $1.67
- Enova (NYSE:ENVA) Garners Investor Interest Ahead of Q2 Results
- Enova International Inc. (ENVA) Q2 Earnings Cheat Sheet
- Enova International price target raised to $70 from $61 at JMP Securities
