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ENVA - Re-Evaluating Enova International
November, 24 2020 01:39 AM
Enova International Inc.
The business of Enova International, Inc. is on the upswing after being hit hard by the COVID-19 lockdowns of the second quarter. Its recent $122 million purchase of On Deck Capital should generate $65 million in synergies by YE22. With a sound balance sheet, a strong share repurchase program, and cheap valuation, this busted IPO warranted revisiting. An updated investment thesis follows in the paragraphs below. For further details see:
Re-Evaluating Enova International
Stock Information
Company Name:
Enova International Inc.
Stock Symbol:
ENVA
Market:
NYSE
Website:
enova.com
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