ENVA
Enova International (NYSE: ENVA) reported strong originations growth and strong credit performance, with...
Article Summary
BUY- Enova International (NYSE: ENVA) reported strong originations growth and strong credit performance, with Enova International reporting its eighth consecutive quarter of year-over-year adjusted EPS growth of 30% or more.
- The company expects its planned acquisition of Grasshopper Bank to close later this year, with regulatory approval still ongoing.
- Results exceeded expectations on both the top and bottom line, reflecting the strength of its talented team, diversified product offerings, scalable operating model, and world-class risk management capabilities.
- Management raised its outlook for the year and expects continued sustainable and profitable growth.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 17.5% | 25% | 60.0 ptsModerate (17.5%) - Decent growth |
| EPS Growth Next 5Y ? | 26.9% | 25% | 80.0 ptsVery Good (26.9%) - Good outlook |
| Target Price Upside ? | 15.1% | 20% | 60.0 ptsModerate Upside (15.1%) - Target: $250.71 vs Current: $217.80 |
| Gross Margin % ? | — | 15% | 40.0 ptsNo Gross Margin Data |
| Drawdown from 52-Wk High ? | -11.6% | 15% | 40.0 ptsMild Pullback (-11.6%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About ENVA
- Enova International, Inc., a technology and analytics company, provides online financial services in the United States, Brazil, and internationally.
- The company offers consumer and small business installment loans; consumer and small business line of credit accounts; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan.
- It also provides money transfer services. The company markets its financing products under the CashNetUSA, NetCredit, OnDeck, Headway Capital, Simplic, and Pangea brands.
- Enova International, Inc. was founded in 2003 and is headquartered in Chicago, Illinois.