Brokerages Set Enova International, Inc. (NYSE:ENVA) PT at $91.14

Enova International, Inc. (NYSE:ENVA) has been given a consensus rating of “Moderate Buy” by the eight ratings firms that are presently covering the company, MarketBeat reports. Three analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $91.14.

Several equities analysts recently weighed in on ENVA shares. JMP Securities raised their target price on shares of Enova International from $103.00 to $109.00 and gave the company a “market outperform” rating in a research note on Wednesday, October 23rd. BTIG Research raised their price objective on Enova International from $90.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. Stephens started coverage on Enova International in a research report on Wednesday, November 13th. They issued an “overweight” rating and a $108.00 target price on the stock. StockNews.com upgraded Enova International from a “hold” rating to a “buy” rating in a report on Monday, October 21st. Finally, Janney Montgomery Scott downgraded Enova International from a “buy” rating to a “neutral” rating in a research note on Monday, August 26th.

Insider Activity

In other Enova International news, CFO Steven E. Cunningham sold 2,455 shares of the company’s stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $89.75, for a total value of $220,336.25. Following the completion of the sale, the chief financial officer now directly owns 127,900 shares in the company, valued at approximately $11,479,025. This represents a 1.88 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO James Joseph Lee sold 615 shares of the firm’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $89.59, for a total value of $55,097.85. Following the transaction, the chief accounting officer now owns 20,646 shares in the company, valued at approximately $1,849,675.14. This represents a 2.89 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 90,843 shares of company stock valued at $8,552,679. 7.80% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Enova International

Several hedge funds have recently modified their holdings of the business. Livforsakringsbolaget Skandia Omsesidigt grew its stake in Enova International by 1.0% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,250 shares of the credit services provider’s stock valued at $1,694,000 after purchasing an additional 200 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Enova International by 24.6% in the 3rd quarter. GAMMA Investing LLC now owns 1,065 shares of the credit services provider’s stock valued at $89,000 after buying an additional 210 shares in the last quarter. USA Financial Formulas purchased a new position in shares of Enova International in the 3rd quarter worth approximately $76,000. Quantbot Technologies LP grew its position in shares of Enova International by 10.2% in the 3rd quarter. Quantbot Technologies LP now owns 14,182 shares of the credit services provider’s stock worth $1,188,000 after buying an additional 1,311 shares during the last quarter. Finally, Foundry Partners LLC raised its stake in shares of Enova International by 1.1% during the 3rd quarter. Foundry Partners LLC now owns 122,756 shares of the credit services provider’s stock worth $10,286,000 after acquiring an additional 1,328 shares in the last quarter. Hedge funds and other institutional investors own 89.43% of the company’s stock.

Enova International Trading Up 0.7 %

Shares of Enova International stock opened at $94.99 on Friday. Enova International has a 1-year low of $53.17 and a 1-year high of $108.15. The company’s fifty day simple moving average is $97.18 and its 200-day simple moving average is $82.13. The company has a debt-to-equity ratio of 2.79, a current ratio of 15.82 and a quick ratio of 15.82. The stock has a market capitalization of $2.49 billion, a PE ratio of 15.15 and a beta of 1.46.

Enova International (NYSE:ENVA) last released its quarterly earnings results on Tuesday, October 22nd. The credit services provider reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.31 by $0.14. Enova International had a return on equity of 18.41% and a net margin of 7.19%. The business had revenue of $689.92 million during the quarter, compared to analyst estimates of $666.33 million. During the same quarter in the previous year, the company posted $1.33 earnings per share. Enova International’s revenue for the quarter was up 25.1% on a year-over-year basis. As a group, equities analysts anticipate that Enova International will post 7.99 earnings per share for the current year.

Enova International Company Profile

Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, and internationally. The company provides installment loans; line of credit accounts; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan.