Enova International Stock Buy Hold or Sell Recommendation

ENVA Stock  USD 63.54  0.78  1.21%   
Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding Enova International is 'Hold'. Macroaxis provides Enova International buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding ENVA positions. The advice algorithm takes into account all of Enova International's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Enova International's buy or sell advice are summarized below:
Real Value
62.35
Target Price
65.6
Hype Value
63.92
Market Value
63.54
Naive Value
61.47
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Enova International given historical horizon and risk tolerance towards Enova International. When Macroaxis issues a 'buy' or 'sell' recommendation for Enova International, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Enova International Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For information on how to trade Enova Stock refer to our How to Trade Enova Stock guide.
In addition, we conduct extensive research on individual companies such as Enova and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Enova International. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in real.

Execute Enova International Buy or Sell Advice

The Enova recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Enova International. Macroaxis does not own or have any residual interests in Enova International or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Enova International's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Enova InternationalBuy Enova International
Hold

Market Performance

OKDetails

Volatility

Very steadyDetails

Hype Condition

Under hypedDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Hyperactively responds to market trendsDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Enova International has a Risk Adjusted Performance of 0.0836, Jensen Alpha of 0.0486, Total Risk Alpha of (0.04), Sortino Ratio of 0.0673 and Treynor Ratio of 0.1085
Macroaxis provides unbiased investment recommendation on Enova International that should be used to complement current analysts and expert consensus on Enova International. Our trade advice engine determines the company's potential to grow exclusively from the perspective of an investors' current risk tolerance and investing horizon. To make sure Enova International is not overpriced, please confirm all Enova International fundamentals, including its price to earning, cash per share, target price, as well as the relationship between the gross profit and book value per share . Given that Enova International has a number of shares shorted of 1.17 M, we urge you to verify Enova International market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Enova International Trading Alerts and Improvement Suggestions

Over 96.0% of the company shares are held by institutions such as insurance companies
Latest headline from finance.yahoo.com: Enova International Q1 Earnings Snapshot

Enova International Returns Distribution Density

The distribution of Enova International's historical returns is an attempt to chart the uncertainty of Enova International's future price movements. The chart of the probability distribution of Enova International daily returns describes the distribution of returns around its average expected value. We use Enova International price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Enova International returns is essential to provide solid investment advice for Enova International.
Mean Return
0.24
Value At Risk
-3.13
Potential Upside
2.95
Standard Deviation
1.93
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Enova International historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Enova Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Enova International is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Enova International backward and forwards among themselves. Enova International's institutional investor refers to the entity that pools money to purchase Enova International's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Charles Schwab Investment Management Inc2023-12-31
517.3 K
Goldman Sachs Group Inc2023-12-31
452 K
Harspring Capital Management Llc2023-12-31
448 K
Northern Trust Corp2023-12-31
444.5 K
Amvescap Plc.2023-12-31
322.8 K
Millennium Management Llc2023-12-31
312.3 K
Bank Of New York Mellon Corp2023-12-31
281.6 K
Orchard Capital Management, Llc2023-12-31
232.3 K
Citigroup Inc2023-12-31
224.5 K
Blackrock Inc2023-12-31
5.7 M
Dimensional Fund Advisors, Inc.2023-12-31
2.2 M
Note, although Enova International's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Enova International Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash42.1M288.2M(143.3M)(47.5M)199.0M209.0M
Free Cash Flow840.9M711.4M442.2M850.4M1.1B1.2B
Depreciation15.1M19.7M35.4M36.9M38.2M20.9M
Other Non Cash Items755.1M247.0M177.7M619.3M889.8M934.2M
Capital Expenditures17.3M29.5M29.7M43.6M45.2M24.3M
Net Income36.6M377.9M257.1M207.4M175.1M114.4M
End Period Cash Flow92.4M369.2M225.9M178.4M377.4M396.3M
Change To Netincome666.0M(142.2M)471.9M43.4M49.9M47.4M
Investments(941.4M)83.6M(980.4M)(1.7B)(1.4B)(1.3B)
Net Borrowings127.1M(478.9M)472.6M863.7M993.3M1.0B

Enova International Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Enova International or Consumer Finance sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Enova International's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Enova stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
0.05
β
Beta against NYSE Composite2.09
σ
Overall volatility
1.96
Ir
Information ratio 0.07

Enova International Volatility Alert

Enova International currently demonstrates below-average downside deviation. It has Information Ratio of 0.07 and Jensen Alpha of 0.05. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Enova International's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Enova International's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Enova International Fundamentals Vs Peers

Comparing Enova International's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Enova International's direct or indirect competition across all of the common fundamentals between Enova International and the related equities. This way, we can detect undervalued stocks with similar characteristics as Enova International or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Enova International's fundamental indicators could also be used in its relative valuation, which is a method of valuing Enova International by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Enova International to competition
FundamentalsEnova InternationalPeer Average
Return On Equity0.15-0.31
Return On Asset0.0407-0.14
Profit Margin0.16 %(1.27) %
Operating Margin0.23 %(5.51) %
Current Valuation4.75 B16.62 B
Shares Outstanding27.49 M571.82 M
Shares Owned By Insiders4.29 %10.09 %
Shares Owned By Institutions95.71 %39.21 %
Number Of Shares Shorted1.17 M4.71 M
Price To Earning2.95 X28.72 X
Price To Book1.32 X9.51 X
Price To Sales1.58 X11.42 X
Revenue2.12 B9.43 B
Gross Profit828.01 M27.38 B
EBITDA460.29 M3.9 B
Net Income175.12 M570.98 M
Cash And Equivalents87.73 M2.7 B
Cash Per Share2.77 X5.01 X
Total Debt2.99 B5.32 B
Debt To Equity1.83 %48.70 %
Current Ratio17.98 X2.16 X
Book Value Per Share42.06 X1.93 K
Cash Flow From Operations1.17 B971.22 M
Short Ratio4.77 X4.00 X
Earnings Per Share5.49 X3.12 X
Target Price69.17
Number Of Employees1.68 K18.84 K
Beta1.54-0.15
Market Capitalization1.77 B19.03 B
Total Asset4.59 B29.47 B
Retained Earnings1.49 B9.33 B
Working Capital3.86 B1.48 B
Current Asset440.77 M9.34 B
Note: Disposition of 12000 shares by David Fisher of Enova International at 63.3094 subject to Rule 16b-3 [view details]

Enova International Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Enova . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Enova International Buy or Sell Advice

When is the right time to buy or sell Enova International? Buying financial instruments such as Enova Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total1.4B2.3B3.0B3.1B
Total Assets2.8B3.8B4.6B4.8B

Use Investing Ideas to Build Portfolios

In addition to having Enova International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Small Value Funds
Small Value Funds Theme
Funds or Etfs that invest in the undervalued stocks of small to mid-sized companies. The Small Value Funds theme has 34 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Small Value Funds Theme or any other thematic opportunities.
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When determining whether Enova International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Enova International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enova International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enova International Stock:
Check out Enova International Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For information on how to trade Enova Stock refer to our How to Trade Enova Stock guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.

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Is Enova International's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Enova International. If investors know Enova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Enova International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.051
Earnings Share
5.49
Revenue Per Share
35.897
Quarterly Revenue Growth
0.155
Return On Assets
0.0407
The market value of Enova International is measured differently than its book value, which is the value of Enova that is recorded on the company's balance sheet. Investors also form their own opinion of Enova International's value that differs from its market value or its book value, called intrinsic value, which is Enova International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Enova International's market value can be influenced by many factors that don't directly affect Enova International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Enova International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Enova International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Enova International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.