Enova International Inc at Jefferies Consumer Conference (Virtual) Transcript
Yeah, hello, everyone. Thanks very much for participating and taking a peek at our next guest here. Real pleased to bring in Steven Cunningham who is the CFO of Enova. And we are going to give a quick introduction about the company, and then we're going to go through fireside chat very shortly here.
But Enova, it's a company we have a very constructive thought on. We have a buy rating and a $49 price target. We have the stocks in the high-20s as we speak. So obviously, it's a very good upside to get to our price target. It's approximately $1 billion market cap right now.
And just real quick, for those of you who don't know, Enova is a digital lender with a broad set of financial products for consumers and small businesses, mostly domestic. But as we can get into it and Steve introduces the company, there are some other interesting global opportunities the company is pursuing.
The company had, more or less in the recent reporting period, had about $1 billion in consumer loans, about $1.2 billion in net small business loans.
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