Enova International (ENVA)

• Market cap: $2.86B
• 1 day: 1.52%
• 5 days: 10.74%
• 1 month: 13.43%
• 3 months: 26.80%
• 6 months: 48.47%
• Year to date: 13.65%
• 1 year: 92.16%
• 5 years: 356.39%
• 10 years: 469.95%
• 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)

112% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 25

65% more call options, than puts

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

32% more capital invested

Capital invested by funds: $1.59B [Q2] → $2.09B (+$500M) [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]

0.33% more ownership

Funds ownership: 94.01% [Q2] → 94.34% (+0.33%) [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 12% downside
• Avg. target: $106 3% downside
• High target: $110 1% upside

4 analyst ratings

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

Stephens & Co. Vincent Caintic 67% 1-year accuracy 10 / 15 met price target	1% downside $108	Overweight Initiated	13 Nov 2024
TD Cowen Moshe Orenbuch 77% 1-year accuracy 10 / 13 met price target	12% downside $96	Hold Maintained	23 Oct 2024
JMP Securities David Scharf 77% 1-year accuracy 37 / 48 met price target	0% downside $109	Market Outperform Maintained	23 Oct 2024
BTIG Vincent Caintic 67% 1-year accuracy 10 / 15 met price target	1% upside $110	Buy Maintained	23 Oct 2024