Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is Enova International (ENVA - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
Enova International is one of 865 individual stocks in the Finance sector. Collectively, these companies sit at #7 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. ENVA is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for ENVA's full-year earnings has moved 4.73% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, ENVA has gained about 33.62% so far this year. Meanwhile, the Finance sector has returned an average of -10.30% on a year-to-date basis. As we can see, Enova International is performing better than its sector in the calendar year.
Looking more specifically, ENVA belongs to the Financial - Consumer Loans industry, which includes 22 individual stocks and currently sits at #66 in the Zacks Industry Rank. On average, this group has lost an average of 15.58% so far this year, meaning that ENVA is performing better in terms of year-to-date returns.
Investors in the Finance sector will want to keep a close eye on ENVA as it attempts to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Is Enova International (ENVA - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.
Enova International is one of 865 individual stocks in the Finance sector. Collectively, these companies sit at #7 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. ENVA is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for ENVA's full-year earnings has moved 4.73% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Based on the latest available data, ENVA has gained about 33.62% so far this year. Meanwhile, the Finance sector has returned an average of -10.30% on a year-to-date basis. As we can see, Enova International is performing better than its sector in the calendar year.
Looking more specifically, ENVA belongs to the Financial - Consumer Loans industry, which includes 22 individual stocks and currently sits at #66 in the Zacks Industry Rank. On average, this group has lost an average of 15.58% so far this year, meaning that ENVA is performing better in terms of year-to-date returns.
Investors in the Finance sector will want to keep a close eye on ENVA as it attempts to continue its solid performance.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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