Enova International (ENVA – Research Report), the Financial sector company, was revisited by a Wall Street analyst yesterday. Analyst Michael Diana from Maxim Group reiterated a Buy rating on the stock and has a $138.00 price target.
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Michael Diana has given his Buy rating due to a combination of factors including Enova International’s strong financial performance and promising future outlook. The company reported a significant beat in its first-quarter 2025 results, surpassing consensus estimates in revenue, adjusted EBITDA, and EPS. This performance was bolstered by effective share buybacks and stable credit quality, which is expected to continue due to the company’s focus on shorter-duration loans.
Furthermore, Enova’s management has provided guidance that suggests strong loan growth and improved earnings for the remainder of 2025. The analyst has raised the 2025 EPS estimate, reflecting this anticipated growth. Despite macroeconomic uncertainties, Enova’s business remains resilient, with no adverse impacts from tariffs or inflation noted. The maintained price target of $138, which is based on a discounted P/E multiple compared to peers, supports the Buy rating, indicating potential for a substantial return.
In another report released on April 30, JMP Securities also reiterated a Buy rating on the stock with a $135.00 price target.
Based on the recent corporate insider activity of 59 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ENVA in relation to earlier this year.