share_log

Maxim Group Maintains Enova(ENVA.US) With Buy Rating, Announces Target Price $108

Futu News ·  Oct 23 21:34  · Ratings

Maxim Group analyst Michael Diana maintains $Enova (ENVA.US)$ with a buy rating, and sets the target price at $108.

According to TipRanks data, the analyst has a success rate of 54.2% and a total average return of 7.5% over the past year.

AnalystRecentRatingAutoNews_210570_20241023_7c70f8773e778df825bd5fbd0216fa2c5e06119e_1729773083632856_nn_en

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

  • The company displayed robust loan and revenue expansion with operating expenditures aligning with expectations.

  • Enova International demonstrated a robust Q3 performance exceeding expectations, with projections for a similarly strong Q4. The company's potential to escalate originations, alongside revenue and EPS growth surpassing 20% year-over-year, is anticipated to be sustainable not only for 2024 but also as we look ahead into 2025 and 2026. This outlook is reflected in optimistic projections that surpass the consensus for 2025 and 2026 EPS.

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.
    Write a comment