News stories about Enova International (NYSE:ENVA) have been trending positive on Friday, according to Accern. The research group identifies positive and negative media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Enova International earned a daily sentiment score of 0.27 on Accern’s scale. Accern also gave news headlines about the credit services provider an impact score of 44.8423847096406 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
Enova International (ENVA) traded down 1.67% during mid-day trading on Friday, reaching $14.75. The company had a trading volume of 473,953 shares. The company’s 50 day moving average is $13.55 and its 200 day moving average is $13.91. Enova International has a 52-week low of $8.75 and a 52-week high of $16.80. The stock has a market capitalization of $496.82 million, a price-to-earnings ratio of 11.88 and a beta of 3.48.
Enova International (NYSE:ENVA) last announced its earnings results on Thursday, October 26th. The credit services provider reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.09. Enova International had a net margin of 5.42% and a return on equity of 15.97%. The business had revenue of $217.88 million during the quarter, compared to the consensus estimate of $210.27 million. During the same quarter last year, the firm earned $0.28 earnings per share. Enova International’s quarterly revenue was up 11.2% on a year-over-year basis. Equities analysts predict that Enova International will post $1.27 earnings per share for the current year.
Enova International declared that its Board of Directors has authorized a share repurchase program on Friday, September 15th that permits the company to buyback $25.00 million in shares. This buyback authorization permits the credit services provider to buy up to 63% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.
Several analysts have issued reports on the company. BidaskClub upgraded Enova International from a “hold” rating to a “buy” rating in a research note on Saturday, October 21st. ValuEngine cut Enova International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, October 21st. Maxim Group reiterated a “buy” rating and set a $18.00 price target on shares of Enova International in a research report on Tuesday, October 17th. Jefferies Group LLC reiterated a “buy” rating and set a $17.00 price target on shares of Enova International in a research report on Thursday, October 12th. Finally, Zacks Investment Research cut Enova International from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $15.00.
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About Enova International
Enova International, Inc is a technology and analytics company. The Company provides online financial services. As of December 31, 2016, the Company offered or arranged loans to consumers in 33 states in the United States and in the United Kingdom and Brazil. As of December 31, 2016, it also offered financing to small businesses in all 50 states and Washington DC in the United States.
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