The shares of Enova International Inc (NYSE:ENVA) currently has mean rating of 2.60 while Zero analysts have recommended the shares as “BUY”, 2 recommended as “OUTPERFORM” and 3 recommended as “HOLD”. The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell.
The company’s mean estimate for sales for the current quarter ending June-16 is 166.38 million by 5 analysts. The means estimate of sales for the year ending Dec-16 is 709.50 million by 5 analysts.
The mean price target for the shares of Enova International Inc (NYSE:ENVA) is at 8.85 while the highest price target suggested by the analysts is 10.00 and low price target is 8.00. The mean price target is calculated keeping in view the consensus of 5 brokerage firms.
The average estimate of EPS for the current fiscal quarter for Enova International Inc (NYSE:ENVA) stands at 0.23 while the EPS for the current year is fixed at 0.93 by 3 analysts.
The next one year’s EPS estimate is set at 1.07 by 4 analysts while a year ago the analysts suggested the company’s EPS at 0.93.
In its latest quarter ended on 31st March 2016, Enova International Inc (NYSE:ENVA) reported earnings of $0.30. The posted earnings topped the analyst’s consensus by $0.09 with the surprise factor of 42.90%. In the matter of earnings surprises, the term “Cockroach Effect” is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.
On June 20, 2016 Enova International Inc (ENVA) announced that Steve Cunningham is joining the leading financial technology company as Chief Financial Officer. A veteran financial services executive, Cunningham joins Enova from Discover Financial Services, where he most recently served as Executive Vice President and Chief Risk Officer for Discover’s $8.7 billion direct banking and payment services business. Cunningham brings with him an extensive background in corporate finance, treasury, financial planning and analysis, tax, investor relations, capital markets and risk management, along with a shared vision for providing direct lending and financing solutions for consumers and small businesses.
“It is great to have Steve joining Enova at this exciting time as we focus our efforts on growth in our key new initiatives and continue to deliver great results in our proven businesses,” said David Fisher, Enova’s Chief Executive Officer. “Steve’s experience will be essential as we continue to grow.”
“I was attracted to Enova’s entrepreneurial culture,” said Cunningham, “and I am impressed by Enova’s strategy and the clear vision to serve customers and close the world’s credit gap. This is a talented, results-oriented company, and I’m thrilled to be joining the team.”
Cunningham, whose role is effective immediately, will report to Enova CEO David Fisher and will lead all of the company’s financial operations. He will succeed Rob Clifton, who has served as Enova’s CFO since its spin-off from Cash America. Clifton will remain at Enova as Chief Accounting Officer, where his deep knowledge and experience in consumer lending operations will be vital as Enova grows its product and service offerings.
Most recently as Discover’s Chief Risk Officer, Cunningham built the company’s risk organization and was responsible for enterprise risk management, compliance, oversight of credit, and operational, market and liquidity risk, as well as Discover’s capital planning program.
He joined Discover as its Corporate Treasurer in 2010, where he was responsible for developing and executing the company’s liquidity, market risk and capital management strategies. Prior to Discover, Cunningham was the CFO of Harley-Davidson Financial Services, a $7 billion receivables business, and spent eight years at Capital One Financial in various corporate and line of business finance leadership positions, including CFO for the Auto Finance segment, a $20 billion receivables business, and CFO for the company’s banking segment. Cunningham also has experience as a bank regulator with the FDIC, giving him insights into the highly regulated environment in which Enova operates.