Enova International (NYSE:ENVA) Price Target Raised to $129.00 at BTIG Research

Enova International (NYSE:ENVA) had its price objective upped by stock analysts at BTIG Research from $122.00 to $129.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a “buy” rating on the credit services provider’s stock. BTIG Research’s price objective would suggest a potential upside of 10.87% from the company’s previous close.

A number of other analysts also recently weighed in on the company. Stephens initiated coverage on Enova International in a report on Wednesday, November 13th. They issued an “overweight” rating and a $108.00 price objective for the company. StockNews.com upgraded Enova International from a “hold” rating to a “buy” rating in a report on Monday, October 21st. JMP Securities increased their price target on Enova International from $125.00 to $135.00 and gave the stock a “market outperform” rating in a report on Wednesday. Finally, TD Cowen increased their price target on Enova International from $85.00 to $96.00 and gave the stock a “hold” rating in a report on Wednesday, October 23rd. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Enova International currently has an average rating of “Moderate Buy” and an average price target of $110.14.

Enova International Stock Performance

NYSE ENVA opened at $116.35 on Wednesday. The company has a market capitalization of $3.05 billion, a price-to-earnings ratio of 18.56 and a beta of 1.50. Enova International has a twelve month low of $53.40 and a twelve month high of $117.56. The stock has a fifty day simple moving average of $103.48 and a 200 day simple moving average of $92.13. The company has a quick ratio of 15.82, a current ratio of 15.82 and a debt-to-equity ratio of 2.79.

Enova International (NYSE:ENVA) last posted its quarterly earnings data on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.08. Enova International had a return on equity of 18.41% and a net margin of 7.19%. Sell-side analysts expect that Enova International will post 7.98 EPS for the current year.

Insider Transactions at Enova International

In related news, CEO David Fisher sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $105.59, for a total value of $1,055,900.00. Following the transaction, the chief executive officer now owns 369,905 shares of the company’s stock, valued at approximately $39,058,268.95. This trade represents a 2.63 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 7.80% of the company’s stock.

Hedge Funds Weigh In On Enova International

Several large investors have recently added to or reduced their stakes in ENVA. SG Americas Securities LLC bought a new position in shares of Enova International during the 3rd quarter worth approximately $772,000. GAMMA Investing LLC lifted its position in shares of Enova International by 24.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,065 shares of the credit services provider’s stock worth $89,000 after buying an additional 210 shares in the last quarter. USA Financial Formulas bought a new position in shares of Enova International during the 3rd quarter worth approximately $76,000. Livforsakringsbolaget Skandia Omsesidigt lifted its position in shares of Enova International by 1.0% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,250 shares of the credit services provider’s stock worth $1,694,000 after buying an additional 200 shares in the last quarter. Finally, F M Investments LLC bought a new position in shares of Enova International during the 3rd quarter worth approximately $242,000. Institutional investors own 89.43% of the company’s stock.

About Enova International

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.