Enova International (ENVA)

• Market cap: $2.53B
• 1 day: 1.56%
• 5 days: -4.02%
• 1 month: -3.40%
• 3 months: 13.59%
• 6 months: 59.30%
• Year to date: 74.86%
• 1 year: 78.35%
• 5 years: 307.91%
• 10 years: 342.12%
• Sector: Financials
• Industry: Personal Credit Institutions

About: Enova International Inc provides online financial services, including short-term consumer loans, line of credit accounts, and installment loans to customers mainly in the United States and the United Kingdom. Consumers apply for credit online, receive a decision almost immediately, and can receive funds within one day. Enova acts as either the lender or a third-party facilitator between borrowers and other lenders. The company earns revenue from interest income, finance charges, and other fees, including fees on the transactions between borrowers and third-party lenders. The majority of revenue comes from the United States. The company realizes similar amounts of revenue from each of its three different products: short-term loans, lines of credit, and installment loans.

Employees: 1,675

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

104% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 26

65% more call options, than puts

Call options by funds: $16.3M | Put options by funds: $9.89M

31% more capital invested

Capital invested by funds: $1.56B [Q2] → $2.05B (+$488M) [Q3]

20% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 6 (+1) [Q3]

11% more funds holding

Funds holding: 250 [Q2] → 277 (+27) [Q3]

0.12% more ownership

Funds ownership: 92.53% [Q2] → 92.65% (+0.12%) [Q3]

28% less repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 106

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $96 0% upside
• Avg. target: $106 10% upside
• High target: $110 14% upside

4 analyst ratings

• positive: 3 75%
• neutral: 1 25%
• negative: 0 0%

Stephens & Co. Vincent Caintic 61% 1-year accuracy 11 / 18 met price target	12% upside $108	Overweight Initiated	13 Nov 2024
TD Cowen Moshe Orenbuch 64% 1-year accuracy 9 / 14 met price target	0% downside $96	Hold Maintained	23 Oct 2024
JMP Securities David Scharf 83% 1-year accuracy 43 / 52 met price target	13% upside $109	Market Outperform Maintained	23 Oct 2024
BTIG Vincent Caintic 61% 1-year accuracy 11 / 18 met price target	14% upside $110	Buy Maintained	23 Oct 2024