Enova International, Inc. (NYSE:ENVA) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Enova International, Inc. (NYSE:ENVA) have earned an average rating of “Moderate Buy” from the eight ratings firms that are currently covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $110.14.

A number of brokerages have issued reports on ENVA. TD Cowen boosted their price objective on shares of Enova International from $85.00 to $96.00 and gave the company a “hold” rating in a research report on Wednesday, October 23rd. BTIG Research boosted their price target on shares of Enova International from $122.00 to $129.00 and gave the company a “buy” rating in a research report on Wednesday. JMP Securities raised their price objective on shares of Enova International from $125.00 to $135.00 and gave the stock a “market outperform” rating in a report on Wednesday. StockNews.com raised Enova International from a “hold” rating to a “buy” rating in a research report on Monday, October 21st. Finally, Stephens increased their target price on Enova International from $115.00 to $136.00 and gave the stock an “overweight” rating in a research report on Wednesday.

Insider Buying and Selling at Enova International

In other Enova International news, CEO David Fisher sold 10,000 shares of the business’s stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $105.47, for a total value of $1,054,700.00. Following the sale, the chief executive officer now directly owns 389,925 shares of the company’s stock, valued at approximately $41,125,389.75. The trade was a 2.50 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 7.80% of the company’s stock.

Hedge Funds Weigh In On Enova International

Several large investors have recently modified their holdings of the stock. BNP Paribas Financial Markets raised its holdings in Enova International by 28.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 58,066 shares of the credit services provider’s stock worth $4,865,000 after acquiring an additional 12,928 shares during the last quarter. Crossmark Global Holdings Inc. purchased a new position in shares of Enova International in the fourth quarter worth $206,000. SG Americas Securities LLC bought a new position in shares of Enova International during the third quarter valued at $772,000. Livforsakringsbolaget Skandia Omsesidigt boosted its position in shares of Enova International by 1.0% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,250 shares of the credit services provider’s stock valued at $1,694,000 after buying an additional 200 shares during the last quarter. Finally, Foundry Partners LLC boosted 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 valued at $10,286,000 after buying an additional 1,328 shares during the last quarter. Hedge funds and other institutional investors own 89.43% of the company’s stock.

Enova International Stock Down 1.4 %

NYSE ENVA opened at $114.91 on Monday. Enova International has a 1 year low of $53.80 and a 1 year high of $117.56. The stock has a market capitalization of $3.01 billion, a PE ratio of 18.33 and a beta of 1.49. 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 business’s 50-day moving average is $103.70 and its 200 day moving average is $92.30.

Enova International (NYSE:ENVA) last issued its quarterly earnings data on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share for the quarter, topping 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 forecast that Enova International will post 7.98 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.