Enova International Stock Today

ENVA Stock  USD 62.19  1.01  1.65%   

Performance

8 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 5

 
100  
 
Zero
Very Low
Enova International is trading at 62.19 as of the 28th of March 2024, a 1.65% increase since the beginning of the trading day. The stock's open price was 61.18. Enova International has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat ok performance during the last 90 days. Equity ratings for Enova International are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of March 2023 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Financial Services
IPO Date
13th of November 2014
Classification
Financials
Enova International, Inc., a technology and analytics company, provides online financial services in the United States, Brazil, Australia, and Canada. Enova International, Inc. was incorporated in 2011 and is headquartered in Chicago, Illinois. Enova International operates under Credit Services classification in the United States and is traded on New York Stock Exchange. The company has 28.18 M outstanding shares of which 1.24 M shares are currently shorted by private and institutional investors with about 3.52 trading days to cover. More on Enova International

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Enova Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Enova International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Enova International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEODaniel Feehan
Business ConcentrationConsumer Finance, Financial Services, NYSE Composite, SP Small-Cap 600, Financials, Consumer Finance, Credit Services, Financial Services (View all Sectors)
Average Analyst Recommendation
Analysts covering Enova International report their recommendations after researching Enova International's financial statements, talking to executives and customers, or listening in on Enova International's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Enova International. The Enova consensus assessment is calculated by taking the average forecast from all of the analysts covering Enova International.
Financial Strength
Based on the analysis of Enova International's profitability, liquidity, and operating efficiency, Enova International may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Enova International is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.06090.0382
Way Up
Very volatile
Asset Turnover0.750.4618
Way Up
Slightly volatile
Gross Profit Margin0.440.4888
Moderately Down
Very volatile
Net Debt2.7 B2.6 B
Sufficiently Up
Slightly volatile
Total Current Liabilities135.5 M261.2 M
Way Down
Very volatile
Non Current Liabilities Total3.2 B3.1 B
Sufficiently Up
Slightly volatile
Total Assets4.8 B4.6 B
Sufficiently Up
Slightly volatile
Total Current Assets4.3 B4.1 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.2 B1.2 B
Sufficiently Up
Slightly volatile
Enova International's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Enova International's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Enova International's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Enova International's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Enova International's financial leverage. It provides some insight into what part of Enova International's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Enova International's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Enova International deploys its capital and how much of that capital is borrowed.
Liquidity
Enova International cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 2.99 B in liabilities with Debt to Equity (D/E) ratio of 1.83, which is about average as compared to similar companies. Enova International has a current ratio of 17.62, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Enova International until it has trouble settling it off, either with new capital or with free cash flow. So, Enova International's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Enova International sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Enova to invest in growth at high rates of return. When we think about Enova International's use of debt, we should always consider it together with cash and equity.

Change In Cash

208.99 Million
Enova International (ENVA) is traded on New York Stock Exchange in USA. It is located in 175 West Jackson Boulevard, Chicago, IL, United States, 60604 and employs 1,675 people. Enova International is listed under Consumer Finance category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.76 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Enova International's market, we take the total number of its shares issued and multiply it by Enova International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Enova International conducts business under Consumer Finance sector and is part of Financials industry. The entity has 28.18 M outstanding shares of which 1.24 M shares are currently shorted by private and institutional investors with about 3.52 trading days to cover. Enova International currently holds about 87.73 M in cash with 1.17 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.77.
Check Enova International Probability Of Bankruptcy
Ownership Allocation
Enova International retains a total of 28.18 Million outstanding shares. The majority of Enova International outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Enova International to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Enova International. Please pay attention to any change in the institutional holdings of Enova International as this could imply that something significant has changed or is about to change at the company. Also note that almost five hundred sixty-three thousand five hundred eight invesors are currently shorting Enova International expressing very little confidence in its future performance.
Check Enova Ownership Details

Enova Stock Price Odds Analysis

What are Enova International's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Enova International jumping above the current price in 90 days from now is about 11.17%. The Enova International probability density function shows the probability of Enova International stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.9151 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Enova International will likely underperform. Additionally, enova International has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 62.19HorizonTargetOdds Above 62.19
88.72%90 days
 62.19 
11.17%
Based on a normal probability distribution, the odds of Enova International to move above the current price in 90 days from now is about 11.17 (This Enova International probability density function shows the probability of Enova Stock to fall within a particular range of prices over 90 days) .

Enova Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Enova International that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Enova International's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Enova International's value.
InstituionRecorded OnShares
Charles Schwab Investment Management Inc2023-12-31
517.3 K
Goldman Sachs Group Inc2023-12-31
452 K
Harspring Capital Management Llc2023-12-31
448 K
Northern Trust Corp2023-12-31
444.5 K
Amvescap Plc.2023-12-31
322.8 K
Millennium Management Llc2023-12-31
312.3 K
Bank Of New York Mellon Corp2023-12-31
281.6 K
Orchard Capital Management, Llc2023-12-31
232.3 K
Citigroup Inc2023-12-31
224.5 K
Blackrock Inc2023-12-31
5.7 M
Dimensional Fund Advisors, Inc.2023-12-31
2.2 M
View Enova International Diagnostics

Enova International Historical Income Statement

Enova International Income Statement is one of the three primary financial statements used for reporting Enova's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Enova International revenue and expense. Enova International Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Enova International's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 204.5 M, whereas Selling General Administrative is forecasted to decline to about 121.5 M. View More Fundamentals

Enova Stock Against Markets

Picking the right benchmark for Enova International stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Enova International stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Enova International is critical whether you are bullish or bearish towards Enova International at a given time. Please also check how Enova International's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Enova International without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Enova International Corporate Directors

Enova International corporate directors refer to members of an Enova International board of directors. The board of directors generally takes responsibility for the Enova International's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Enova International's board members must vote for the resolution. The Enova International board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Ellen CarnahanIndependent DirectorProfile
David HabigerIndependent DirectorProfile
Linda RiceIndependent DirectorProfile
William GoodyearIndependent DirectorProfile

How to buy Enova Stock?

Before investing in Enova International, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Enova International. To buy Enova International stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Enova International. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Enova International stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Enova International stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Enova International stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Enova International, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Enova Stock please use our How to Invest in Enova International guide.

Already Invested in Enova International?

The danger of trading Enova International is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Enova International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Enova International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Enova International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Enova International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enova International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enova International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enova International Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enova International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.
For information on how to trade Enova Stock refer to our How to Trade Enova Stock guide.
You can also try the My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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When running Enova International's price analysis, check to measure Enova International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enova International is operating at the current time. Most of Enova International's value examination focuses on studying past and present price action to predict the probability of Enova International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enova International's price. Additionally, you may evaluate how the addition of Enova International to your portfolios can decrease your overall portfolio volatility.
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Is Enova International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enova International. If investors know Enova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enova International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.27)
Earnings Share
5.49
Revenue Per Share
33.748
Quarterly Revenue Growth
0.06
Return On Assets
0.0419
The market value of Enova International is measured differently than its book value, which is the value of Enova that is recorded on the company's balance sheet. Investors also form their own opinion of Enova International's value that differs from its market value or its book value, called intrinsic value, which is Enova International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enova International's market value can be influenced by many factors that don't directly affect Enova International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enova International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enova International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enova International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.