Enova International Stock Short Ratio
| ENVA Stock | USD 97.39 1.11 1.15% |
Enova International fundamentals help investors to digest information that contributes to Enova International's financial success or failures. It also enables traders to predict the movement of Enova Stock. The fundamental analysis module provides a way to measure Enova International's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Enova International stock.
Enova | Short Ratio |
Enova International Company Short Ratio Analysis
Enova International's Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
Current Enova International Short Ratio | 6.36 X |
Most of Enova International's fundamental indicators, such as Short Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Enova International is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enova Short Ratio Driver Correlations
Understanding the fundamental principles of building solid financial models for Enova International is extremely important. It helps to project a fair market value of Enova Stock properly, considering its historical fundamentals such as Short Ratio. Since Enova International's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Enova International's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Enova International's interrelated accounts and indicators.
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The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
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Enova Discontinued Operations
Discontinued Operations |
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Based on the latest financial disclosure, Enova International has a Short Ratio of 6.36 times. This indicator is about the same for the Consumer Finance average (which is currently at 6.43) sector and 8.35% higher than that of the Financials industry. The short ratio for all United States stocks is 59.0% lower than that of the firm.
Enova Short Ratio Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Enova International's direct or indirect competition against its Short Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Enova International could also be used in its relative valuation, which is a method of valuing Enova International by comparing valuation metrics of similar companies.Enova International is currently under evaluation in short ratio category among its peers.
Enova International ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Enova International's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Enova International's managers, analysts, and investors.Environmental | Governance | Social |
Enova International 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.| Shares | Goldman Sachs Group Inc | 2024-12-31 | 437.4 K | Morgan Stanley - Brokerage Accounts | 2024-12-31 | 423 K | Mangrove Partners | 2024-12-31 | 415.2 K | Northern Trust Corp | 2024-12-31 | 403.8 K | Amvescap Plc. | 2024-12-31 | 316.2 K | Arrowstreet Capital Limited Partnership | 2024-12-31 | 312.6 K | Harspring Capital Management Llc | 2024-12-31 | 302.4 K | No Street Gp Lp | 2024-12-31 | 275 K | Ubs Group Ag | 2024-12-31 | 243.1 K | Sparta 24 Ltd. | 2024-12-31 | 32 M | Blackrock Inc | 2024-12-31 | 5 M |
Enova Fundamentals
| Return On Equity | 0.17 | ||||
| Return On Asset | 0.0425 | ||||
| Profit Margin | 0.17 % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 6.01 B | ||||
| Shares Outstanding | 25.79 M | ||||
| Shares Owned By Insiders | 4.05 % | ||||
| Shares Owned By Institutions | 96.95 % | ||||
| Number Of Shares Shorted | 1.63 M | ||||
| Price To Earning | 2.95 X | ||||
| Price To Book | 2.07 X | ||||
| Price To Sales | 2.00 X | ||||
| Revenue | 2.66 B | ||||
| Gross Profit | 1.01 B | ||||
| EBITDA | 334.52 M | ||||
| Net Income | 209.45 M | ||||
| Cash And Equivalents | 87.73 M | ||||
| Cash Per Share | 2.77 X | ||||
| Total Debt | 3.6 B | ||||
| Debt To Equity | 1.83 % | ||||
| Current Ratio | 17.98 X | ||||
| Book Value Per Share | 46.38 X | ||||
| Cash Flow From Operations | 1.54 B | ||||
| Short Ratio | 6.36 X | ||||
| Earnings Per Share | 7.68 X | ||||
| Target Price | 129.57 | ||||
| Number Of Employees | 1.79 K | ||||
| Beta | 1.44 | ||||
| Market Capitalization | 2.48 B | ||||
| Total Asset | 5.27 B | ||||
| Retained Earnings | 1.7 B | ||||
| Working Capital | 4.33 B | ||||
| Current Asset | 440.77 M | ||||
| Current Liabilities | 64.08 M | ||||
| Net Asset | 5.27 B |
About Enova International Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Enova International's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enova International using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enova International based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Enova International Piotroski F Score and Enova International Altman Z Score analysis. For information on how to trade Enova Stock refer to our How to Trade Enova Stock guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Consumer Finance space 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 1.038 | Earnings Share 7.68 | Revenue Per Share | Quarterly Revenue Growth 0.255 | Return On Assets |
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.