There is no shortage of investors who are bullish on Enova International Inc. (ENVA) stock

As of right now, Enova International Inc. [ENVA] is trading at $52.44, up 14.50%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ENVA shares have gain 19.86% over the last week, with a monthly amount glided 35.75%, and seem to be holding up well over a long-time horizon.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".


On 1, February 2023, Enova Reports Fourth Quarter and Full Year 2022 Results. In a post published today on Yahoo Finance, Total revenue increased 7% sequentially and 34% from the fourth quarter of 2021 to $486 million.

From an analyst’s perspective:

Enova International Inc. [NYSE: ENVA] stock has seen the most recent analyst activity on March 14, 2022, when Janney upgraded its rating to a Buy but kept the price target unchanged to $49 for it. Previously, Janney downgraded its rating to Neutral on February 11, 2022, and elevated its price target to $48. On February 07, 2022, upgrade upgraded it’s rating to Buy but maintained its price target of $55 on the stock. Stephens downgraded its rating to a Equal-Weight and increased its price target to $44 on April 12, 2021. Maxim Group downgraded its rating to a Hold. Maxim Group reiterated a Buy rating for this stock on February 01, 2019, and downed its price target to $40. In a note dated July 13, 2018, Maxim Group reiterated an Buy rating on this stock and boosted its target price from $32 to $43.

Through the last year, Enova International Inc.’s stock price ranged from $25.80 to $47.88. Currently, Wall Street analysts expect the stock to reach $58.40 within the next 12 months. Enova International Inc. [NYSE: ENVA] shares were valued at $52.44 at the most recent close of the market. An investor can expect a potential return of 11.37% based on the average ENVA price forecast.

Analyzing the ENVA fundamentals

For Enova International Inc., (ENVA), the latest quarter sales were 456.2 billion, which represents an 19.40% increase.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 47.88 points at the first support level, and at 43.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 55.98, and for the 2nd resistance point, it is at 59.51.

Enova International Inc. [ENVA] reported earnings per share of $1.74 for its fiscal quarter that ended on 9/29/2022. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.64/share, meaning a difference of $0.1 and a surprise factor of 6.10%. By comparison, the stated earnings for the previous quarter ended on 6/29/2022 were $1.64 per share as compared to estimates of $1.52 per share, a difference of $0.12 representing a surprise of 7.90%.

Ratios To Look Out For

It is important to note that Enova International Inc. [NYSE:ENVA] has a current ratio of 18.00. Considering the valuation of this stock, the price to sales ratio is 1.28, the price to book ratio is 1.28 and the P/E (TTM) ratio is 8.83.

Transactions by insiders

We now turn our attention to insider trading, which in the past 3 months has resulted in 0 insider buyings of 0 shares and 2 insider sellings of 20,238 shares. Recent insider trading involved Chartier Kirk, Chief Strategy Officer, that happened on Dec 14 when 20000.0 shares were sold. Chief Financial Officer, Cunningham Steven E completed a deal on Oct 04 to sell 29674.0 shares. Meanwhile, General Counsel and Secretary Rahilly Sean sold 1430.0 shares on Feb 14.