Enova International, Inc. (NYSE:ENVA) Receives $60.00 Consensus PT from Analysts

Shares of Enova International, Inc. (NYSE:ENVA) have been given an average recommendation of “Moderate Buy” by the four analysts that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $63.00.

A number of analysts have recently issued reports on the company. TheStreet cut Enova International from a “b” rating to a “c+” rating in a research report on Tuesday, January 30th. Jefferies Financial Group boosted their price objective on Enova International from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Tuesday, April 9th. JMP Securities boosted their price objective on Enova International from $62.00 to $73.00 and gave the company a “market outperform” rating in a research report on Wednesday, January 31st. BMO Capital Markets boosted their price objective on Enova International from $57.00 to $59.00 and gave the company a “market perform” rating in a research report on Wednesday, January 31st. Finally, StockNews.com upgraded Enova International from a “hold” rating to a “buy” rating in a research report on Saturday, March 23rd.

Insider Buying and Selling at Enova International

In other Enova International news, Director Linda Johnson Rice sold 5,000 shares of the company’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $62.12, for a total value of $310,600.00. Following the sale, the director now directly owns 9,182 shares in the company, valued at $570,385.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Enova International news, Director Linda Johnson Rice sold 5,000 shares of the business’s stock in a transaction on Wednesday, February 28th. The stock was sold at an average price of $62.12, for a total value of $310,600.00. Following the transaction, the director now owns 9,182 shares of the company’s stock, valued at $570,385.84. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, General Counsel Sean Rahilly sold 2,347 shares of the business’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $60.40, for a total value of $141,758.80. Following the completion of the transaction, the general counsel now directly owns 107,992 shares in the company, valued at approximately $6,522,716.80. The disclosure for this sale can be found here. Insiders have sold 30,938 shares of company stock worth $1,799,557 over the last three months. Company insiders own 7.80% of the company’s stock.

Hedge Funds Weigh In On Enova International

Institutional investors and hedge funds have recently bought and sold shares of the business. Headinvest LLC acquired a new position in Enova International in the third quarter worth $28,000. GAMMA Investing LLC acquired a new position in shares of Enova International during the fourth quarter valued at $37,000. UniSuper Management Pty Ltd acquired a new position in shares of Enova International during the second quarter valued at $101,000. Counterpoint Mutual Funds LLC acquired a new position in shares of Enova International during the third quarter valued at $117,000. Finally, Lazard Asset Management LLC acquired a new position in shares of Enova International during the third quarter valued at $181,000. Institutional investors and hedge funds own 89.43% of the company’s stock.

Enova International Stock Performance

Shares of NYSE ENVA opened at $59.17 on Tuesday. The company has a quick ratio of 10.27, a current ratio of 10.27 and a debt-to-equity ratio of 2.37. The business’s 50 day moving average is $60.77 and its two-hundred day moving average is $53.11. The company has a market cap of $1.63 billion, a P/E ratio of 10.80 and a beta of 1.55. Enova International has a 12 month low of $35.30 and a 12 month high of $64.51.

Enova International (NYSE:ENVA) last released its quarterly earnings data on Tuesday, January 30th. The credit services provider reported $1.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.54 by $0.08. The business had revenue of $583.59 million for the quarter, compared to analysts’ expectations of $587.34 million. Enova International had a return on equity of 15.84% and a net margin of 8.27%. On average, equities analysts expect that Enova International will post 7.39 EPS 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.