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

Shares of Enova International, Inc. (NYSE:ENVA) have been given a consensus rating of “Moderate Buy” by the eight research firms that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $91.14.

Several equities research analysts recently issued reports on ENVA shares. TD Cowen boosted their price target on Enova International from $85.00 to $96.00 and gave the company a “hold” rating in a research note on Wednesday, October 23rd. JMP Securities upped their target price on Enova International from $103.00 to $109.00 and gave the company a “market outperform” rating in a research report on Wednesday, October 23rd. BTIG Research raised their price target on Enova International from $90.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Stephens initiated coverage on shares of Enova International in a research report on Wednesday, November 13th. They set an “overweight” rating and a $108.00 price objective for the company. Finally, StockNews.com raised shares of Enova International from a “hold” rating to a “buy” rating in a report on Monday, October 21st.

Insider Activity at Enova International

In other news, CAO James Joseph Lee sold 615 shares of the company’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $89.59, for a total value of $55,097.85. Following the completion of the transaction, the chief accounting officer now owns 20,646 shares of the company’s stock, valued at $1,849,675.14. This represents a 2.89 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Kirk Chartier sold 17,644 shares of Enova International stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $86.80, for a total transaction of $1,531,499.20. Following the sale, the insider now owns 117,422 shares in the company, valued at approximately $10,192,229.60. This represents a 13.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 90,843 shares of company stock valued at $8,552,679 in the last quarter. Insiders own 7.80% of the company’s stock.

Institutional Trading of Enova International

Several institutional investors have recently modified their holdings of the business. BNP Paribas Financial Markets lifted its holdings in Enova International by 28.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 58,066 shares of the credit services provider’s stock worth $4,865,000 after buying an additional 12,928 shares during the period. Quantbot Technologies LP boosted its stake 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 valued at $1,188,000 after purchasing an additional 1,311 shares during the last quarter. Foundry Partners LLC increased its position in shares of Enova International by 1.1% during the third quarter. Foundry Partners LLC now owns 122,756 shares of the credit services provider’s stock worth $10,286,000 after buying an additional 1,328 shares during the period. F M Investments LLC acquired a new position in Enova International in the third quarter valued at $242,000. Finally, Livforsakringsbolaget Skandia Omsesidigt raised its position in shares of Enova International by 1.0% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,250 shares of the credit services provider’s stock worth $1,694,000 after acquiring an additional 200 shares in the last quarter. Institutional investors own 89.43% of the company’s stock.

Enova International Stock Down 3.2 %

ENVA stock opened at $95.05 on Thursday. Enova International has a fifty-two week low of $53.17 and a fifty-two week high of $108.15. 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 price-to-earnings ratio of 15.16 and a beta of 1.46. The business’s fifty day moving average price is $100.47 and its two-hundred day moving average price is $86.52.

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

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.