Here's Why Enova International (ENVA) Stock Is A Must Buy
Zacks Investment Research | Mar 25, 2020 10:34PM ET
Amid coronavirus pandemic, it seems to be a wise idea to add Enova International Inc. (NYSE:ENVA) to your portfolio. The company — which has strong fundamentals and promising prospects — will see a rise in loan demand, given near-zero interest rates. Solid loan and finance receivable balances will likely continue enhancing the company’s profitability.
The stock has been witnessing upward estimate revisions, reflecting analysts’ optimism about its earnings growth potential. Over the past 60 days, the Zacks Consensus Estimate for 2020 earnings has moved 7.9% upward.
The Zacks Rank #1 (Strong Buy) stock has lost 34.4% over the past six months compared with the Original post
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