Is Enova International Stock a Good Investment?
Enova International Investment Advice | ENVA |
- Examine Enova International's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Enova International's leadership team and their track record. Good management can help Enova International navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Consumer Finance space and any emerging trends that could impact Enova International's business and its evolving consumer preferences.
- Compare Enova International's performance and market position to its competitors. Analyze how Enova International is positioned in terms of product offerings, innovation, and market share.
- Check if Enova International pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Enova International's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Enova International stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Enova International is a good investment.
Sell | Buy |
Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Enova International Stock
Researching Enova International's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 96.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.32. Some equities with similar Price to Book (P/B) outperform the market in the long run. Enova International recorded earning per share (EPS) of 5.57. The entity had not issued any dividends in recent years.
To determine if Enova International is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Enova International's research are outlined below:
| Over 96.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from investors.com: Enova International Joins Elite Club Of Stocks With RS Ratings Over 90 |
Enova International Quarterly Good Will |
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Enova International uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Enova International. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Enova International's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 30th of January 2024 Upcoming Quarterly Report | View | |
| 23rd of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 30th of January 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Enova International's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Enova International's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2016-07-28 | 2016-06-30 | 0.22 | 0.25 | 0.03 | 13 | ||
2018-02-01 | 2017-12-31 | 0.21 | 0.26 | 0.05 | 23 | ||
2017-07-27 | 2017-06-30 | 0.36 | 0.41 | 0.05 | 13 | ||
2018-07-26 | 2018-06-30 | 0.53 | 0.59 | 0.06 | 11 | ||
2017-10-26 | 2017-09-30 | 0.16 | 0.25 | 0.09 | 56 | ||
2017-04-27 | 2017-03-31 | 0.35 | 0.45 | 0.1 | 28 | ||
2016-04-28 | 2016-03-31 | 0.21 | 0.31 | 0.1 | 47 | ||
2016-02-04 | 2015-12-31 | 0.09 | 0.19 | 0.1 | 111 |
Know Enova International's Top 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 originate 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 Inc | 2023-12-31 | 517.3 K | Goldman Sachs Group Inc | 2023-12-31 | 452 K | Harspring Capital Management Llc | 2023-12-31 | 448 K | Northern Trust Corp | 2023-12-31 | 444.5 K | Amvescap Plc. | 2023-12-31 | 322.8 K | Millennium Management Llc | 2023-12-31 | 312.3 K | Bank Of New York Mellon Corp | 2023-12-31 | 281.6 K | Orchard Capital Management, Llc | 2023-12-31 | 232.3 K | Citigroup Inc | 2023-12-31 | 224.5 K | Blackrock Inc | 2023-12-31 | 5.7 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 2.2 M |
Enova International's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.73 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Enova International's market, we take the total number of its shares issued and multiply it by Enova International's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Enova International's profitablity analysis
Enova International's profitability indicators refer to fundamental financial ratios that showcase Enova International's ability to generate income relative to its revenue or operating costs. If, let's say, Enova International is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Enova International's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Enova International's profitability requires more research than a typical breakdown of Enova International's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | 0.1 | 0.09 | |
| Return On Assets | 0.04 | 0.06 | |
| Return On Equity | 0.14 | 0.13 |
Determining Enova International's profitability involves analyzing its financial statements and using various financial metrics to determine if Enova International is a good buy. For example, gross profit margin measures Enova International's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Enova International's profitability and make more informed investment decisions.
The data published in Enova International's official financial statements usually reflect Enova International's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Enova International. For example, before you start analyzing numbers published by Enova accountants, it's critical to develop an understanding of what Enova International's liquidity, profitability, and earnings quality are in the context of the Consumer Finance space in which it operates.
Please note, the presentation of Enova International's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Enova International's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Enova International's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Enova International. Please utilize our Beneish M Score to check the likelihood of Enova International's management manipulating its earnings.
Evaluate Enova International's management efficiency
Enova International has return on total asset (ROA) of 0.0407 % which means that it generated a profit of $0.0407 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1456 %, meaning that it created $0.1456 on every $100 dollars invested by stockholders. Enova International's management efficiency ratios could be used to measure how well Enova International manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Assets is expected to grow to 0.06, whereas Return On Tangible Assets are forecasted to decline to 0.04. At present, Enova International's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 87.5 M, whereas Non Current Assets Total are forecasted to decline to about 390.8 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 40.43 | 42.45 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 30.71 | 32.24 | |
| Enterprise Value Over EBITDA | 9.36 | 7.09 | |
| Price Book Value Ratio | 1.37 | 1.30 | |
| Enterprise Value Multiple | 9.36 | 7.09 | |
| Price Fair Value | 1.37 | 1.30 | |
| Enterprise Value | 0.00 | 0.00 |
The analysis of Enova International's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Enova International's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Enova Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.535 |
Basic technical analysis of Enova Stock
As of the 29th of April, Enova International shows the Downside Deviation of 2.15, coefficient of variation of 1034.57, and Mean Deviation of 1.41. Enova International technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to interpolate and analyze data for nineteen technical drivers for Enova International, which can be compared to its peers. Please confirm Enova International jensen alpha, as well as the relationship between the potential upside and skewness to decide if Enova International is priced favorably, providing market reflects its regular price of 63.23 per share. Given that Enova International has jensen alpha of 0.0098, we urge you to verify Enova International's prevailing market performance to make sure the company can sustain itself at a future point.Enova International's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Enova International insiders, such as employees or executives, is commonly permitted as long as it does not rely on Enova International's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Enova International insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
David Fisher over a month ago Disposition of 12000 shares by David Fisher of Enova International at 63.3094 subject to Rule 16b-3 | ||
David Fisher over a month ago Disposition of 12500 shares by David Fisher of Enova International at 63.398 subject to Rule 16b-3 | ||
David Fisher over a month ago Disposition of 2720 shares by David Fisher of Enova International at 63.3223 subject to Rule 16b-3 | ||
David Fisher over two months ago Disposition of 17650 shares by David Fisher of Enova International at 61.7075 subject to Rule 16b-3 | ||
David Fisher over two months ago Disposition of 20000 shares by David Fisher of Enova International at 61.7075 subject to Rule 16b-3 | ||
David Fisher over two months ago Disposition of 11515 shares by David Fisher of Enova International at 61.1366 subject to Rule 16b-3 | ||
Mark Tebbe over a year ago Purchase by Mark Tebbe of 1200 shares of Enova International |
Enova International's Outstanding Corporate Bonds
Enova International issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Enova International uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Enova bonds can be classified according to their maturity, which is the date when Enova International has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand Enova International's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Enova International's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0671 | |||
| Market Risk Adjusted Performance | 0.0939 | |||
| Mean Deviation | 1.41 | |||
| Semi Deviation | 1.89 | |||
| Downside Deviation | 2.15 | |||
| Coefficient Of Variation | 1034.57 | |||
| Standard Deviation | 1.94 | |||
| Variance | 3.75 | |||
| Information Ratio | 0.0506 | |||
| Jensen Alpha | 0.0098 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0456 | |||
| Treynor Ratio | 0.0839 | |||
| Maximum Drawdown | 9.35 | |||
| Value At Risk | (3.13) | |||
| Potential Upside | 2.95 | |||
| Downside Variance | 4.6 | |||
| Semi Variance | 3.57 | |||
| Expected Short fall | (1.43) | |||
| Skewness | (0.74) | |||
| Kurtosis | 3.02 |
| Risk Adjusted Performance | 0.0671 | |||
| Market Risk Adjusted Performance | 0.0939 | |||
| Mean Deviation | 1.41 | |||
| Semi Deviation | 1.89 | |||
| Downside Deviation | 2.15 | |||
| Coefficient Of Variation | 1034.57 | |||
| Standard Deviation | 1.94 | |||
| Variance | 3.75 | |||
| Information Ratio | 0.0506 | |||
| Jensen Alpha | 0.0098 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | 0.0456 | |||
| Treynor Ratio | 0.0839 | |||
| Maximum Drawdown | 9.35 | |||
| Value At Risk | (3.13) | |||
| Potential Upside | 2.95 | |||
| Downside Variance | 4.6 | |||
| Semi Variance | 3.57 | |||
| Expected Short fall | (1.43) | |||
| Skewness | (0.74) | |||
| Kurtosis | 3.02 |
Consider Enova International's intraday indicators
Enova International intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Enova International stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Enova International Corporate Filings
10Q | 24th of April 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 23rd of April 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 28th of March 2024 Other Reports | ViewVerify | |
F4 | 8th of March 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Enova Stock media impact
Far too much social signal, news, headlines, and media speculation about Enova International that are available to investors today. That information is available publicly through Enova media outlets and privately through word of mouth or via Enova internal channels. However, regardless of the origin, that massive amount of Enova data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Enova International news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Enova International relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Enova International's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Enova International alpha.
Enova International Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Enova International can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Enova International Historical Investor Sentiment
Investor biases related to Enova International's public news can be used to forecast risks associated with an investment in Enova. The trend in average sentiment can be used to explain how an investor holding Enova can time the market purely based on public headlines and social activities around Enova International. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Enova International's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Enova International and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Enova International news discussions. The higher the estimate score, the more favorable the investor's outlook on Enova International.
Enova International Maximum Pain Price across 2024-05-17 Option Contracts
Enova International's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Enova International close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Enova International's options.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Enova International without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Enova International Corporate Directors
Enova International corporate directors refer to members of an Enova International board of directors. The board of directors generally takes responsibility for the Enova International's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Enova International's board members must vote for the resolution. The Enova International board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Ellen Carnahan | Independent Director | Profile | |
| David Habiger | Independent Director | Profile | |
| Linda Rice | Independent Director | Profile | |
| William Goodyear | Independent Director | Profile |
How to buy Enova Stock?
To provide specific investment advice or recommendations on Enova International stock, we recommend investors consider the following general factors when evaluating Enova International. This will help you to make an informed decision on whether to include Enova International in one of your diversified portfolios:- Examine Enova International's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Enova International's leadership team and their track record. Good management can help Enova International navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Consumer Finance space and any emerging trends that could impact Enova International's business and its evolving consumer preferences.
- Compare Enova International's performance and market position to its competitors. Analyze how Enova International is positioned in terms of product offerings, innovation, and market share.
- Check if Enova International pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Enova International's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Enova International stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Enova International is a good investment.
Already Invested in Enova International?
The danger of trading Enova International is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Enova International is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Enova International. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Enova International is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 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. For information on how to trade Enova Stock refer to our How to Trade Enova Stock guide.You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Complementary Tools for Enova Stock analysis
When running Enova International's price analysis, check to measure Enova International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enova International is operating at the current time. Most of Enova International's value examination focuses on studying past and present price action to predict the probability of Enova International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enova International's price. Additionally, you may evaluate how the addition of Enova International to your portfolios can decrease your overall portfolio volatility.
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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 5.57 | 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.
In summary, please note that there is a difference between Enova International's value and its price, as these two are different measures arrived at by various 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.