Jefferies Maintains Buy Rating on Enova International

Jefferies analyst John Hecht reiterated a Buy rating on Enova International, citing the company's strong financial performance. Hecht has a 5-star analyst rating and an average return of 15.4%. Enova International has a consensus rating of Strong Buy and a price target of $132.80, a 15.87% upside from current levels. The company has a one-year high of $119.06 and a one-year low of $72.87, with an average volume of 304.5K.

Enova International (ENVA) has received a Buy rating from Jefferies analyst John Hecht, who cited the company's robust financial performance. Hecht, known for his 5-star analyst rating and an average return of 15.4%, reaffirmed his confidence in the stock's potential, setting a price target of $132.80, a 15.87% upside from current levels [1].

The consensus rating for Enova International is Strong Buy, reflecting the broader market's optimism. The stock has a one-year high of $119.06 and a one-year low of $72.87, with an average trading volume of 304.5K shares per day.

Enova International, a technology and analytics company, provides online financial services in the United States, Brazil, and internationally. The company operates in the small business credit space, offering installment loans, lines of credit, and various other financial products under names such as CashNetUSA, NetCredit, OnDeck, and Headway Capital [2].

The company's revenue for Q1 2025 grew by 22.2% year-over-year, and earnings per share (EPS) are projected to grow by 17% in the coming year. Despite operating in a high-interest lending space, which can be uncomfortable for some investors, Enova International has demonstrated strong balance sheet and cash flow metrics, as well as above-sector median growth rates [1].

Enova International's stock has seen significant price appreciation this year, increasing by 12.9% from $95.88 at the start of the year to its current trading price of $108.21. The company's quarterly earnings for the most recent period exceeded analyst estimates, with EPS of $3.23 compared to consensus estimates of $3.00 [2].

The company's stock buyback program, initiated on August 12, 2024, allows for the repurchase of up to $300 million in shares, representing approximately 12.5% of the company's stock. This move signals confidence in the company's valuation and can provide a boost to shareholder value [2].

Enova International's institutional ownership is high, with 89.43% of shares held by institutions. Major institutional investors include Geode Capital Management LLC, Bank of New York Mellon Corp, Baird Financial Group Inc., and Tieton Capital Management LLC [2].

Investors interested in purchasing shares of Enova International can do so through any online brokerage account, such as Charles Schwab, E*TRADE, Fidelity, or Vanguard Brokerage Services.

References:

[1] https://seekingalpha.com/article/4816867-behind-the-pick-enova-international-enva-high-margins-fast-growth

[2] https://www.marketbeat.com/stocks/NYSE/ENVA/