At the time of writing, Enova International Inc. [ENVA] stock is trading at $81.91, up 1.04%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The ENVA shares have gain 12.75% over the last week, with a monthly amount glided 34.72%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Enova International Inc. [NYSE: ENVA] stock has seen the most recent analyst activity on January 10, 2024, when BMO Capital Markets initiated its Market Perform rating and assigned the stock a price target of $57. Previously, TD Cowen started tracking the stock with Market Perform rating on November 01, 2023, and set its price target to $45. On March 14, 2022, upgrade upgraded it’s rating to Buy but maintained its price target of $49 on the stock. Janney downgraded its rating to a Neutral and increased its price target to $48 on February 11, 2022. Maxim Group upgraded its rating to a Buy but $55 remained the price target by the analyst firm on February 07, 2022. Stephens downgraded its rating to Equal-Weight for this stock on April 12, 2021, and upped its price target to $44. In a note dated April 14, 2020, Maxim Group downgraded an Hold rating on this stock.
For the past year, the stock price of Enova International Inc. fluctuated between $35.30 and $81.52. Currently, Wall Street analysts expect the stock to reach $60.75 within the next 12 months. Enova International Inc. [NYSE: ENVA] shares were valued at $81.91 at the most recent close of the market. An investor can expect a potential drop of -25.83% based on the average ENVA price forecast.
Analyzing the ENVA fundamentals
According to Enova International Inc. [NYSE:ENVA], the company’s sales were 2.37B for trailing twelve months, which represents an 25.83% jump. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.15 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.78.
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 79.54 points at the first support level, and at 77.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 83.29, and for the 2nd resistance point, it is at 84.66.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 0.91, the price to book ratio is 1.89 and price to earnings (TTM) ratio is 13.67.
Transactions by insiders
Recent insider trading involved Chartier Kirk, Chief Strategy Officer, that happened on May 22 ’24 when 41303.0 shares were sold. Director, RICE LINDA JOHNSON completed a deal on May 15 ’24 to sell 1750.0 shares. Meanwhile, Chief Executive Officer Fisher David sold 20000.0 shares on May 14 ’24.
