Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a growth stock that can live up to its true potential can be a tough task. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the Zacks Growth Style Score (part of the Zack ...

CHICAGO, Aug. 12, 2024 /PRNewswire/ -- Enova International, Inc. (NYSE: ENVA) ("Enova" or the "Company"), a leading financial services company powered by machine learning and world-class analytics, today announced that its Board of Directors has authorized a new share repurchase program totaling $300 million that expires December 31, 2025. Enova's existing $300 million repurchase program that would have expired on December 31, 2024 will terminate and be replaced by this new program. "The board's authorizati ...

CHICAGO, Aug. 12, 2024 /PRNewswire/ -- Today, Enova International, Inc. (NYSE: ENVA) ("Enova" or the "Company"), a leading financial services company powered by machine learning and world-class analytics, issued $500 million in aggregate principal amount of Senior Notes due 2029 (the "Notes"). The Notes were offered at a price of 100.000% of the principal amount and will bear interest at 9.125% per annum. Enova is using the net proceeds from the offering of the Notes (1) to repurchase its outstanding series ...

CHICAGO, Aug. 12, 2024 /PRNewswire/ -- Enova International, Inc. (NYSE: ENVA) ("Enova" or the "Company") announced today the early tender results in connection with its previously announced cash tender offer (the "Tender Offer") for any and all of the outstanding U.S.$375,000,000 aggregate principal amount of its 8.500% Senior Notes due 2025 (the "Notes"). The Company also announced receipt of the requisite consents in connection with its previously announced consent solicitation (the "Consent Solicitation" ...

This combination positions Enova International well for outperformance, so growth investors may want to bet on it. By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss. Enova International (ENVA) is one such stock that our proprietary system currently recommends. The company not only has a favorable Growth Score, but also carries a top Zacks Rank. Here are three of the most i ...

Earnings Outlook A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. Below, we take a look at Enova International (ENVA) , a company that currently holds a Momentum Style Score of A. We also talk about price change and earnings estimate revisions, tw ...

Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth p ...

CHICAGO, July 29, 2024 /PRNewswire/ -- Enova International, Inc. (NYSE: ENVA) ("Enova" or the "Company") today announced that it intends to offer, subject to market and other customary conditions, $400.0 million in aggregate principal amount of senior notes due 2029 (the "Notes"). The Notes will be guaranteed, jointly and severally, on a senior unsecured basis by Enova's existing and future domestic subsidiaries, subject to certain exceptions including for its securitization subsidiaries. The Notes and the ...

In conjunction with the Tender Offer, the Company is also soliciting consents (the "Consent Solicitation") from the holders of the Notes for the adoption of proposed amendments (the "Proposed Amendments"), which would, among other things, (i) eliminate substantially all of the restrictive covenants and certain events of default and related provisions contained in the indenture governing the Notes and (ii) reduce the minimum required notice period for the redemption of Notes from at least 30 days to at least ...

业务概况 - 公司在2023年和2024年上半年分别向借款人提供了约49亿美元和28亿美元的信贷或融资[123] - 公司在2024年6月30日为美国37个州和巴西的消费者以及美国49个州和华盛顿特区的小企业提供贷款或信用额度[123] - 公司拥有20年的经验积累了大量客户行为数据,并使用机器学习和人工智能等先进技术进行风险分析和决策[125] - 公司的灵活可扩展的技术平台允许快速高效地处理客户交易,2023年处理了约300万笔交易[126] - 公司通过收购OnDeck和Pangea拓展了小企业贷款和国际汇款等新业务,进一步丰富了产品组合和客户群[126] - 公司采用多种营销渠道获取新客户,并通过优质的产品和服务赢得客户的忠诚度[127,129] 财务表现 - 合并营收增长25.8%至6.284亿美元[142] - 净营收增长23.7%至3.702亿美元[142] - 营业利润增长30.0%至1.451亿美元[143] - 净利润增长11.9%至5,391万美元[143] - 每股摊薄收益增长28.7%至1.93美元[143] - 贷款和金融应收款收入占总营收的98.6%[145] - 公司总收入增长25.8%，达到6.28亿美元[160] - 小企业贷款和融资应收款收入增长32.2%[163] - 消费者贷款和融资应收款收入增长21.6%[163] - 总贷款和融资应收款收入增长25.7%[163] - 净收入增长23.7%，达到3.70亿美元[163] - 净收入率为58.9%，较上年同期下降1个百分点[161] - 贷款和融资应收款组合的公允价值为39.39亿美元，较上年同期增长27.4%[166] - 贷款和融资应收款组合的本金余额为34.24亿美元，较上年同期增长24.2%[166] - 消费者贷款和融资应收款占总组合的36.4%[167] - 小企业贷款和融资应收款占总组合的63.6%[167] - 公司总收入为12.38亿美元，同比增长25.9%[220] - 消费贷款和融资应收款收入占总收入的59.1%，小企业贷款和融资应收款收入占39.5%[219] - 平均贷款和融资应收款发放金额为1,590美元，同比下降7.6%[221,223] - 总运营费用增加20.8%至4.40亿美元，主要由于营销费用增加[224,225] - 利息费用净额增加53.6%至1.37亿美元，主要由于平均债务余额和加权平均利率上升[229] - 净收入增加3.3%至1.02亿美元，主要由于收入增长和运营费用占收入比例下降[231] 资产负债情况 - 截至2024年6月30日的贷款和金融应收款项总余额增加19.8%至13亿美元，主要由于新增贷款超过还款[191] - 逾期30天以上贷款占比从2023年6月30日的6.8%下降至6.3%，主要由于大部分消费者产品的信用表现更强[192] - 平均贷款和金融应收款项余额的净核销率保持在12.8%，与上年同期持平[192] - 小企业贷款和金融应收款项余额增加27.7%至22.84亿美元，主要由于新增贷款超过还款[202] - 小企业贷款逾期30天以上占比从8.3%略降至8.1%，净核销率维持在4.8%左右，信用表现稳定[203] - 公司于2023年12月发行4亿美元11.25%的2028年到期优先票据[233] - 公司于2024年6月30日的股东权益为11.48亿美元，较2023年12月31日下降7.5%[236,237] - 公司在2024年上半年回购2亿美元的普通股[237] - 公司总体现金流量增加，主要由于贷款组合增长带来的利息和费用收入增加[246] - 投资活动现金流出增加，主要由于贷款发放超过偿还[249] - 融资活动现金流入主要来自证券化融资和信用额度借款增加，部分被股票回购和偿还2024年优先票据所抵消[250] 风险管理 - 公司于2023年11月同意支付1500万美元的民事罚款,并受到相关监管限制,任何违反的行为都可能对其业务产生重大不利影响[135] - 公司采用内部开发的贴现现金流分析模型来估算贷款和金融应收款的公允价值[146][147] - 公司根据市场环境变化适时调整公允价值模型中的假设[148] - 贷款和融资应收款的公允价值占本金的比例为115.1%[170] - 消费贷款和融资应收款的公允价值占本金的比例为121.0%[183] - 消费贷款和融资应收款中，分期贷款占比为39.0%，信用额度账户占比为61.0%[183] - 公司相信未来经营现金流和可用现金余额以及贷款证券化融资和信用协议下的借款将足以满足未来的流动性需求[247,248] - 公司市场风险敞口自最近一个财年末未发生重大变化[253] 其他 - 公司于2024年6月6日生效的华盛顿州新法律不会对其财务状况产生重大影响[134] - 公司提供经调整后的收益指标以便投资者更好地了解公司的经营业绩[149][150] - 公司于2023年10月将信用额度从4.40亿美元增加至5.15亿美元[234] - 公司关键会计估计和最近会计准则变化未发生重大变化[251,252]