Enova International (NYSE:ENVA) Lifted to Buy at StockNews.com

StockNews.com upgraded shares of Enova International (NYSE:ENVA) from a hold rating to a buy rating in a research report report published on Thursday.

Several other research firms have also recently commented on ENVA. JMP Securities raised their price target on shares of Enova International from $73.00 to $78.00 and gave the stock a market outperform rating in a report on Wednesday, April 24th. Maxim Group upped their price target on shares of Enova International from $70.00 to $78.00 and gave the stock a buy rating in a research note on Thursday, April 25th. TheStreet cut Enova International from a b rating to a c+ rating in a research report on Tuesday, January 30th. BMO Capital Markets upped their target price on Enova International from $60.00 to $62.00 and gave the stock a market perform rating in a research report on Thursday, April 25th. Finally, Jefferies Financial Group lifted their price target on Enova International from $70.00 to $75.00 and gave the company a buy rating in a report on Tuesday, April 9th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Enova International presently has an average rating of Moderate Buy and an average target price of $67.60.

Enova International Stock Up 0.6 %

NYSE:ENVA opened at $62.01 on Thursday. Enova International has a 1-year low of $35.30 and a 1-year high of $65.00. The firm has a market capitalization of $1.75 billion, a price-to-earnings ratio of 11.15 and a beta of 1.52. The company has a current ratio of 13.15, a quick ratio of 13.15 and a debt-to-equity ratio of 2.64. The business’s fifty day moving average price is $61.78 and its 200 day moving average price is $54.17.

Insider Buying and Selling at Enova International

In other news, CFO Steven E. Cunningham sold 30,590 shares of the stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $63.00, for a total transaction of $1,927,170.00. Following the transaction, the chief financial officer now owns 141,713 shares of the company’s stock, valued at approximately $8,927,919. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, CFO Steven E. Cunningham sold 30,590 shares of the company’s stock in a transaction on Friday, April 26th. The shares were sold at an average price of $63.00, for a total transaction of $1,927,170.00. Following the completion of the sale, the chief financial officer now directly owns 141,713 shares of the company’s stock, valued at approximately $8,927,919. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Steven E. Cunningham sold 17,548 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $56.11, for a total transaction of $984,618.28. Following the completion of the transaction, the chief financial officer now owns 150,025 shares in the company, valued at $8,417,902.75. The disclosure for this sale can be found here. Insiders have sold a total of 61,528 shares of company stock worth $3,726,727 over the last three months. Corporate insiders own 7.80% of the company’s stock.

Institutional Trading of Enova International

Several hedge funds have recently added to or reduced their stakes in the business. Orchard Capital Management LLC lifted its holdings in shares of Enova International by 30.0% during the fourth quarter. Orchard Capital Management LLC now owns 232,326 shares of the credit services provider’s stock worth $12,862,000 after buying an additional 53,647 shares during the last quarter. BNP Paribas Financial Markets raised its stake in Enova International by 172.5% during the 1st quarter. BNP Paribas Financial Markets now owns 51,781 shares of the credit services provider’s stock valued at $3,253,000 after purchasing an additional 32,779 shares during the last quarter. Jackson Creek Investment Advisors LLC bought a new stake in Enova International in the 3rd quarter valued at $928,000. Campbell & CO Investment Adviser LLC acquired a new stake in Enova International in the 4th quarter worth $957,000. Finally, Foundry Partners LLC increased its holdings in shares of Enova International by 7.3% during the 4th quarter. Foundry Partners LLC now owns 137,908 shares of the credit services provider’s stock worth $7,635,000 after purchasing an additional 9,357 shares during the period. Institutional investors own 89.43% of the company’s stock.

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.