Enova International (ENVA) AI Stock Analysis

• Market Cap: $2.83B
• Dividend Yield: N/A
• Average Volume (3M): 320.99K
• Price to Earnings (P/E): 11.2
• Beta (1Y): 1.33
• Revenue Growth: 23.42%
• EPS Growth: 59.17%
• Country: US
• Employees: 1,787
• Sector: Financial
• Sector Strength: 73
• Industry: Financial - Credit Services
• EPS (TTM): 3.23
• Shares Outstanding: 25,366,770
• 10 Day Avg. Volume: 297,183
• 30 Day Avg. Volume: 320,987
• PEG Ratio: 0.94
• Price to Book (P/B): 2.21
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 1.67
• Enterprise Value/Market Cap: 2.33
• Enterprise Value/Revenue: 2.47
• Enterprise Value/Gross Profit: 15.97
• Enterprise Value/Ebitda: 19.91
• 1Y Price Target: $130.29
• Price Target Upside: 23.12% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 7

• Rating: 81 Outperform
• Price Target: $129.00 ▲(21.91%Upside)

Enova International's stock is rated favorably due to strong financial performance, positive earnings call sentiment, and strategic corporate events. Technical analysis and valuation are neutral but do not detract significantly from the overall positive outlook. The company is well-positioned for growth, although leverage and market volatility should be monitored.

Positive Factors

Competitive Advantage

The data collected since 2004 provides the company with a strong competitive advantage, particularly in loan underwriting and generating superior credit performance.

Financial Performance

ENVA reported a higher EPS than both the analyst's estimate and consensus, driven by lower-than-expected operational expenses.

Growth Strategy

ENVA's diversified model allows flexibility to shift focus between consumer and small business lending, optimizing returns despite market fluctuations.

Negative Factors

Consumer Lending

Higher-than-expected losses in consumer lending affected the revenue negatively.

Consumer Lending Challenges

Some underperformance in consumer lending being quickly addressed.

Loss Rates

Loss rates were slightly higher than estimates in both consumer and small business lending, though overall remain solid.

Enova International Business Overview & Revenue Model

Company Description

Enova International, Inc., a technology and analytics company, provides online financial services in the United States, Brazil, Australia, and Canada. The company offers installment loans; line of credit accounts; receivables purchase agreements; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan. It markets its financing products under the CashNetUSA, NetCredit, OnDeck, Headway Capital, The Business Backer, Simplic, and Pangea names. Enova International, Inc. was incorporated in 2011 and is headquartered in Chicago, Illinois.

How the Company Makes Money

Enova International generates revenue primarily through interest and fees on the financial products it offers. The company utilizes its advanced risk assessment and analytics technology to underwrite and price its credit offerings effectively. Enova's key revenue streams include interest income from personal loans and lines of credit, as well as service fees associated with these products. Additionally, Enova earns revenue from its small business lending operations, which provide working capital and financial solutions to small enterprises. The company also benefits from its strategic partnerships and proprietary technology, which enhance its ability to reach and serve a diverse customer base efficiently.

Enova International Financial Statement Overview

Summary

Enova International displays solid financial health with strong revenue growth and profitability metrics. The balance sheet is leveraged but remains stable, and the cash flow statement indicates excellent cash generation capabilities. The company is well-positioned for continued growth, although attention should be given to managing leverage levels to mitigate potential risks.

Income Statement

The income statement reflects strong profitability with a consistent increase in total revenue from $1.08 billion in 2020 to $2.79 billion TTM (Trailing-Twelve-Months) in 2025. Gross profit margins are robust, consistently above 40%. Net income has shown positive growth, indicating effective cost management and operational efficiency. The revenue growth rate from 2024 to TTM is approximately 5.1%, showcasing a moderate growth trajectory. However, EBITDA margins have experienced fluctuations, which could indicate variability in operating costs or other expenses.

Balance Sheet

The balance sheet demonstrates a solid equity base with stockholders' equity at $1.20 billion TTM. The debt-to-equity ratio is relatively high, reflecting significant leverage, which could pose risks in adverse market conditions. Return on Equity (ROE) remains healthy, suggesting effective use of equity to generate profits. The equity ratio is moderate, indicating a balanced approach to asset financing. Despite the high leverage, the company maintains a stable financial structure.

Cash Flow

Cash flow analysis reveals strong cash generation abilities with operating cash flow reaching $1.58 billion TTM. The free cash flow has consistently grown, with a significant increase from $711 million in 2020 to $1.54 billion TTM. The operating cash flow to net income ratio is robust, indicating efficient conversion of earnings into cash. The free cash flow to net income ratio is also strong, highlighting effective capital management. This strong cash flow position provides flexibility for debt servicing and investment opportunities.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.66B	2.12B	1.74B	1.21B	1.08B
Gross Profit	1.24B	1.04B	1.12B	947.75M	597.50M
EBITDA	334.52M	265.51M	420.86M	448.44M	397.55M
Net Income	209.45M	175.12M	207.42M	256.30M	377.84M
Balance Sheet
Total Assets	5.27B	4.59B	3.78B	2.76B	2.11B
Cash, Cash Equivalents and Short-Term Investments	73.91M	54.36M	100.17M	165.48M	297.27M
Total Debt	3.60B	2.97B	2.29B	1.43B	1.01B
Total Liabilities	4.07B	3.35B	2.59B	1.67B	1.19B
Stockholders Equity	1.20B	1.24B	1.19B	1.09B	917.35M
Cash Flow
Free Cash Flow	1.50B	1.12B	850.37M	442.19M	711.38M
Operating Cash Flow	1.54B	1.17B	894.00M	471.87M	740.87M
Investing Cash Flow	-1.91B	-1.49B	-1.67B	-980.37M	83.58M
Financing Cash Flow	318.88M	526.54M	724.87M	365.15M	-535.97M

Enova International Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 105.82
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ENVA, the sentiment is Neutral. The current price of 105.82 is below the 20-day moving average (MA) of 114.03, above the 50-day MA of 103.32, and above the 200-day MA of 99.61, indicating a neutral trend. The MACD of 2.34 indicates Positive momentum. The RSI at 42.38 is Neutral, neither overbought nor oversold. The STOCH value of 31.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ENVA.

Enova International Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FINV	82 Outperform	$2.39B	6.86	17.91%	0.43%	5.13%	25.93%
ENVA	81 Outperform	$2.83B	11.23	21.56%	―	23.42%	59.17%
BFH	74 Outperform	$2.84B	11.45	9.19%	1.38%	-4.15%	-38.33%
WU	68 Neutral	$2.89B	3.24	136.84%	10.96%	-5.16%	59.60%
Sector *	68 Neutral	$17.10B	11.19	9.70%	3.58%	11.11%	-4.55%
LC	62 Neutral	$1.50B	28.86	3.86%	―	5.72%	31.82%
LU	52 Neutral	$2.41B	―	-3.79%	4.57%	-38.81%	-425.73%

Enova International Corporate Events

Enova International Announces Leadership Changes for 2026

On July 24, 2025, Enova International announced significant leadership changes effective January 1, 2026. David Fisher, the current Chairman and CEO, will transition to Executive Chairman, while Steve Cunningham, the current CFO, will become the new CEO. Scott Cornelis, currently the Treasurer and VP of Finance, will take over as CFO. These changes are part of Enova’s long-term leadership transition planning, aimed at maintaining stability and continuity while driving shareholder value and positioning the company for continued excellence.

The most recent analyst rating on (ENVA) stock is a Buy with a $138.00 price target. To see the full list of analyst forecasts on Enova International stock, see the ENVA Stock Forecast page.

Enova International Secures $150M Securitization Facility

On July 17, 2025, NetCredit LOC Receivables 2025, LLC, a subsidiary of Enova International, entered into a Loan and Security Agreement with Banc of California and other lenders. This agreement establishes a $150 million securitization facility with a revolving period ending in 2027 and a maturity date in 2028, potentially enhancing Enova’s liquidity and financial flexibility.

The most recent analyst rating on (ENVA) stock is a Buy with a $138.00 price target. To see the full list of analyst forecasts on Enova International stock, see the ENVA Stock Forecast page.

Enova International Issues $163.9M in Principal Notes

On May 30, 2025, NetCredit Combined Receivables A, LLC, an indirect subsidiary of Enova International, issued $163,866,000 in principal notes through a securitization transaction. The notes, backed by $193.0 million in unsecured consumer installment loans, are intended to acquire receivables, fund a reserve account, and cover transaction expenses. The notes, with a fixed interest rate of 7.29%, mature on October 20, 2031, and are subject to specific compliance criteria. Failure to meet these criteria could lead to accelerated maturity or sale of receivables. The notes are offered to qualified institutional buyers and persons outside the U.S. under specific regulations.

The most recent analyst rating on (ENVA) stock is a Buy with a $138.00 price target. To see the full list of analyst forecasts on Enova International stock, see the ENVA Stock Forecast page.

Enova International Announces Pricing of New Notes

On May 16, 2025, Enova International announced the pricing of $163,866,000 in aggregate principal notes through its indirect subsidiary, NetCredit Combined Receivables A, LLC. These notes, set to close around May 30, 2025, will be backed by unsecured consumer installment loans and are aimed at qualified institutional buyers. The proceeds will be used to acquire securitization receivables, fund a reserve account, and cover transaction-related expenses, highlighting Enova’s strategic financial maneuvers to enhance its market positioning.

The most recent analyst rating on (ENVA) stock is a Buy with a $138.00 price target. To see the full list of analyst forecasts on Enova International stock, see the ENVA Stock Forecast page.

Enova International Holds Annual Stockholders Meeting

On May 14, 2025, Enova International held its Annual Meeting of Stockholders, where ten directors were elected, executive compensation was approved on a non-binding basis, and Deloitte & Touche LLP was ratified as the independent auditor for 2025. The meeting saw participation from a significant majority of shareholders, indicating strong engagement and support for the company’s governance and strategic direction.

The most recent analyst rating on (ENVA) stock is a Buy with a $138.00 price target. To see the full list of analyst forecasts on Enova International stock, see the ENVA Stock Forecast page.