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BTIG Maintains Enova(ENVA.US) With Buy Rating, Raises Target Price to $110

Futu News ·  Oct 23 19:31  · Ratings

BTIG analyst Vincent Caintic maintains $Enova (ENVA.US)$ with a buy rating, and adjusts the target price from $90 to $110.

According to TipRanks data, the analyst has a success rate of 45.7% and a total average return of -0.6% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Enova (ENVA.US)$'s main analysts recently are as follows:

  • Enova International exhibited robust loan and revenue expansion, with operating expenses aligning with expectations.

  • Enova International's third-quarter earnings surpassed expectations, coupled with a more favorable forecast for the fourth quarter. The company's capability to escalate originations, alongside revenue and EPS growth surpassing 20% year-over-year, is considered achievable not only for 2024 but also for the subsequent years. The outlook remains positive, with expectations for earnings per share to outperform consensus estimates for 2025 and 2026.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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