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JMP Securities Maintains Enova(ENVA.US) With Buy Rating, Raises Target Price to $109

Moomoo News ·  Oct 23 13:32  · Ratings

JMP Securities analyst David Scharf maintains $Enova (ENVA.US)$ with a buy rating, and adjusts the target price from $103 to $109.

According to TipRanks data, the analyst has a success rate of 51.1% and a total average return of 10.5% over the past year.

AnalystRecentRatingAutoNews_210570_20241023_289ed3b88c9dc74522f179192329afd6974cc5a3_1729769458061092_mm_en

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

  • Enova International has demonstrated robust loan and revenue expansion, with operating expenses remaining consistent.

  • Enova International's Q3 earnings surpassed expectations alongside a promising Q4 guide. The company's potential to boost originations, revenue, and EPS by over 20% year-over-year is seen as feasible, extending not only into 2024 but also into 2025 and 2026. Analysts express optimism regarding their above-consensus EPS forecasts 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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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