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 6.2% over the past month. The stock hit a new 52-week high of $173.39 in the previous session. Enova International has gained 9.7% since the start of the year compared to the 1.7% move for the Zacks Finance sector and the -5.9% 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 January 27, 2026, Enova International reported EPS of $3.46 versus consensus estimate of $3.2.

For the current fiscal year, Enova International is expected to post earnings of $15.13 per share on $3.66 in revenues. This represents a 16.74% change in EPS on a 16.13% change in revenues.

Valuation Metrics

Though Enova International has recently hit a 52-week high, what is next for Enova International? 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 they provide investors with an additional way to sort through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. 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 B, respectively, giving the company a VGM Score of A.

In terms of its value breakdown, the stock currently trades at 11.4X current fiscal year EPS estimates, which is a premium to the peer industry average of 11.2X. On a trailing cash flow basis, the stock currently trades at 13.4X versus its peer group's average of 8.9X. 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 Rank

We also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Enova International currently has a Zacks Rank of #1 (Strong Buy) thanks to favorable earnings estimate revisions from covering analysts.

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 potential in the weeks and months to come.

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This article originally published on Zacks Investment Research (zacks.com).

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