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ELVT - Elevate Credit: Many Catalysts Behind The Corner
April, 12 2022 09:55 AM
Elevate Credit Inc.
I believe ELVT is ready to surprise the market in the next earnings release as they monetize loan growth. The accounting policies will change, allowing them to report loans at fair value and thus boosting EPS while growing loans. The now-turned negative macro environment will benefit receivables growth. I remain bullish with a TP of $11.5. For further details see:
Elevate Credit: Many Catalysts Behind The Corner
Stock Information
Company Name:
Elevate Credit Inc.
Stock Symbol:
ELVT
Market:
NYSE
Website:
elevate.com
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