Enova International, Inc. (ENVA) Hits Fresh High: Is There Still Room to Run?

A strong stock as of late has been Enova International (ENVA). Shares have been marching higher, with the stock up 14.5% over the past month. The stock hit a new 52-week high of $128.6 in the previous session. Enova International has gained 28.6% since the start of the year compared to the 14.1% move for the Zacks Finance sector and the 53.4% return for the Zacks Financial - Consumer Loans industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on July 24, 2025, Enova International reported EPS of $3.23 versus consensus estimate of $2.97 while it beat the consensus revenue estimate by 1.73%.For the current fiscal year, Enova International is expected to post earnings of $12.11 per share on $3.18 in revenues. This represents a 32.35% change in EPS on a 19.57% change in revenues. For the next fiscal year, the company is expected to earn $14.12 per share on $3.69 in revenues. This represents a year-over-year change of 16.57% and 16.26%, respectively.Valuation MetricsEnova International may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). The individual style scores for Value, Growth, Momentum and the combined VGM Score run from A through F. The idea behind the style scores is to help investors pick the most appropriate Zacks Rank stocks based on their individual investment style.Enova International has a Value Score of A. The stock's Growth and Momentum Scores are A and D, respectively, giving the company a VGM Score of A.In terms of its value breakdown, the stock currently trades at 10.2X current fiscal year EPS estimates, which is not in-line with the peer industry average of 12.9X. On a trailing cash flow basis, the stock currently trades at 11.2X versus its peer group's average of 8.8X. This is good enough to put the company in the top echelon of all stocks we cover from a value perspective, making Enova International an interesting choice for value investors.Zacks RankWe also need to consider the stock's Zacks Rank, as this is even more important than the company's VGM Score. Fortunately, Enova International currently has a Zacks Rank of #2 (Buy) thanks to a solid earnings estimate revision trend.Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Enova International meets the list of requirements. Thus, it seems as though Enova International shares could have a bit more room to run in the near term.How Does ENVA Stack Up to the Competition?Shares of ENVA have been soaring, and the company still appears to be a decent choice, but what about the rest of the industry? One industry peer that looks good is EZCORP, Inc. (EZPW). EZPW has a Zacks Rank of #2 (Buy) and a Value Score of A, a Growth Score of B, and a Momentum Score of D.Earnings were strong last quarter. EZCORP, Inc. beat our consensus estimate by 43.48%, and for the current fiscal year, EZPW is expected to post earnings of $1.41 per share on revenue of $1.26 billion.Shares of EZCORP, Inc. have gained 9.1% over the past month, and currently trade at a forward P/E of 13X and a P/CF of 7.8X.The Financial - Consumer Loans industry is in the top 41% of all the industries we have in our universe, so it looks like there are some nice tailwinds for ENVA and EZPW, even beyond their own solid fundamental situation.Beyond Nvidia: AI's Second Wave Is HereThe AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.See "2nd Wave" AI stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Enova International, Inc. (ENVA): Free Stock Analysis Report EZCORP, Inc. (EZPW): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks