Is Enova International Stock a Good Investment?
Enova International Investment Advice | ENVA |
- Examine Enova International's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Enova International's leadership team and their track record. Good management can help Enova International navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Consumer Finance space and any emerging trends that could impact Enova International's business and its evolving consumer preferences.
- Compare Enova International's performance and market position to its competitors. Analyze how Enova International is positioned in terms of product offerings, innovation, and market share.
- Check if Enova International pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Enova International's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Enova International stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that 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. Below is a detailed guide on how to decide if Enova International is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Enova International Stock
Researching Enova International's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 97.0% of the company shares are held by institutions such as insurance companies. The book value of Enova International was currently reported as 44.87. The company recorded earning per share (EPS) of 6.28. Enova International had not issued any dividends in recent years.
To determine if Enova International is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Enova International's research are outlined below:
| Over 97.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from gurufocus.com: New Report Main Street Businesses Bullish on Future Growth |
Enova International Quarterly Good Will |
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Enova International uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Enova International. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Enova International's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 30th of January 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 30th of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Enova International's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Enova International's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2016-07-28 | 2016-06-30 | 0.22 | 0.25 | 0.03 | 13 | ||
2018-02-01 | 2017-12-31 | 0.21 | 0.26 | 0.05 | 23 | ||
2017-07-27 | 2017-06-30 | 0.36 | 0.41 | 0.05 | 13 | ||
2018-07-26 | 2018-06-30 | 0.53 | 0.59 | 0.06 | 11 | ||
2017-10-26 | 2017-09-30 | 0.16 | 0.25 | 0.09 | 56 | ||
2017-04-27 | 2017-03-31 | 0.35 | 0.45 | 0.1 | 28 | ||
2016-04-28 | 2016-03-31 | 0.21 | 0.31 | 0.1 | 47 | ||
2016-02-04 | 2015-12-31 | 0.09 | 0.19 | 0.1 | 111 |
Know Enova International's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Enova International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Enova International backward and forwards among themselves. Enova International's institutional investor refers to the entity that pools money to purchase Enova International's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Harspring Capital Management Llc | 2024-09-30 | 410 K | Jpmorgan Chase & Co | 2024-06-30 | 401.3 K | Goldman Sachs Group Inc | 2024-06-30 | 398.3 K | Northern Trust Corp | 2024-09-30 | 393.9 K | Millennium Management Llc | 2024-06-30 | 357.7 K | Sparta 24 Ltd. | 2024-09-30 | 333.4 K | No Street Gp Lp | 2024-09-30 | 325 K | Assenagon Asset Management Sa | 2024-09-30 | 310.5 K | Amvescap Plc. | 2024-06-30 | 303.1 K | Blackrock Inc | 2024-06-30 | 5.1 M | Vanguard Group Inc | 2024-09-30 | 2 M |
Enova International's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.79 B.Market Cap |
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Enova International's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.10 | 0.09 | |
| Return On Assets | 0.04 | 0.06 | |
| Return On Equity | 0.14 | 0.13 |
Determining Enova International's profitability involves analyzing its financial statements and using various financial metrics to determine if Enova International is a good buy. For example, gross profit margin measures Enova International's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Enova International's profitability and make more informed investment decisions.
Enova International's Earnings Breakdown by Geography
Please note, the presentation of Enova International's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Enova International's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Enova International's management manipulating its earnings.
Evaluate Enova International's management efficiency
Enova International has return on total asset (ROA) of 0.0398 % which means that it generated a profit of $0.0398 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.148 %, meaning that it created $0.148 on every $100 dollars invested by stockholders. Enova International's management efficiency ratios could be used to measure how well Enova International manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Assets is expected to grow to 0.06, whereas Return On Tangible Assets are forecasted to decline to 0.04. At present, Enova International's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 4.8 B, whereas Total Current Assets are forecasted to decline to about 51.6 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 40.43 | 42.45 | |
| Tangible Book Value Per Share | 30.71 | 32.24 | |
| Enterprise Value Over EBITDA | 17.38 | 18.25 | |
| Price Book Value Ratio | 1.37 | 1.30 | |
| Enterprise Value Multiple | 17.38 | 18.25 | |
| Price Fair Value | 1.37 | 1.30 |
The leadership approach at Enova International's fosters a culture of excellence and accountability. Our analysis examines how this culture influences financial outcomes and stock valuation.
Beta 1.426 |
Basic technical analysis of Enova Stock
As of the 28th of November, Enova International shows the Mean Deviation of 1.67, coefficient of variation of 575.22, and Downside Deviation of 1.86. Enova International technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Enova International's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Enova International insiders, such as employees or executives, is commonly permitted as long as it does not rely on Enova International's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Enova International insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Enova International's Outstanding Corporate Bonds
Enova International issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Enova International uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Enova bonds can be classified according to their maturity, which is the date when Enova International has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| ENQLN 11625 01 NOV 27 Corp BondUS29357JAC09 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| US29355AAK34 Corp BondUS29355AAK34 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Enpro Industries 575 Corp BondUS29355XAG25 | View | |
| ESGR 31 01 SEP 31 Corp BondUS29359UAC36 | View |
Understand Enova International's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Enova International's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1395 | |||
| Market Risk Adjusted Performance | 0.1899 | |||
| Mean Deviation | 1.67 | |||
| Semi Deviation | 1.6 | |||
| Downside Deviation | 1.86 | |||
| Coefficient Of Variation | 575.22 | |||
| Standard Deviation | 2.26 | |||
| Variance | 5.13 | |||
| Information Ratio | 0.1163 | |||
| Jensen Alpha | 0.1268 | |||
| Total Risk Alpha | 0.027 | |||
| Sortino Ratio | 0.1416 | |||
| Treynor Ratio | 0.1799 | |||
| Maximum Drawdown | 13.01 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 3.02 | |||
| Downside Variance | 3.46 | |||
| Semi Variance | 2.55 | |||
| Expected Short fall | (1.95) | |||
| Skewness | 1.14 | |||
| Kurtosis | 5.29 |
| Risk Adjusted Performance | 0.1395 | |||
| Market Risk Adjusted Performance | 0.1899 | |||
| Mean Deviation | 1.67 | |||
| Semi Deviation | 1.6 | |||
| Downside Deviation | 1.86 | |||
| Coefficient Of Variation | 575.22 | |||
| Standard Deviation | 2.26 | |||
| Variance | 5.13 | |||
| Information Ratio | 0.1163 | |||
| Jensen Alpha | 0.1268 | |||
| Total Risk Alpha | 0.027 | |||
| Sortino Ratio | 0.1416 | |||
| Treynor Ratio | 0.1799 | |||
| Maximum Drawdown | 13.01 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 3.02 | |||
| Downside Variance | 3.46 | |||
| Semi Variance | 2.55 | |||
| Expected Short fall | (1.95) | |||
| Skewness | 1.14 | |||
| Kurtosis | 5.29 |
Consider Enova International's intraday indicators
Enova International intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Enova International stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 1953.29 | |||
| Daily Balance Of Power | (0.50) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 106.19 | |||
| Day Typical Price | 105.97 | |||
| Price Action Indicator | (1.07) | |||
| Period Momentum Indicator | (0.84) | |||
| Relative Strength Index | 72.55 |
Enova International Corporate Filings
8K | 18th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 13th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 23rd of October 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
F3 | 13th of August 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Enova Stock media impact
Far too much social signal, news, headlines, and media speculation about Enova International that are available to investors today. That information is available publicly through Enova media outlets and privately through word of mouth or via Enova internal channels. However, regardless of the origin, that massive amount of Enova data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Enova International news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Enova International relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Enova International's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Enova International alpha.
Enova International Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Enova International can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Enova International Corporate Directors
| Gregg Kaplan | Independent Director | Profile | |
| Mark McGowan | Independent Director | Profile | |
| Ellen Carnahan | Independent Director | Profile | |
| Mark Tebbe | Independent Director | Profile |
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 closely tied 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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 0.217 | Earnings Share 6.28 | Revenue Per Share 42.107 | Quarterly Revenue Growth 0.194 | Return On Assets 0.0398 |
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.
In summary, please note that there is a difference between Enova International's value and its price, as these two are different measures arrived at by various 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.