Enova International, Inc. (NYSE:ENVA) Receives $111.00 Consensus Target Price from Analysts

Shares of Enova International, Inc. (NYSE:ENVA - Get Free Report) have been given a consensus rating of "Buy" by the seven analysts that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $111.00.

Several analysts have recently weighed in on ENVA shares. JMP Securities reaffirmed a "market outperform" rating and set a $135.00 price target on shares of Enova International in a research note on Wednesday, April 30th. TD Cowen upgraded Enova International from a "hold" rating to a "buy" rating and set a $17.00 price objective for the company in a report on Tuesday, April 1st. Finally, Seaport Res Ptn raised shares of Enova International to a "strong-buy" rating in a research note on Wednesday, May 14th.

Enova International Trading Up 0.3%

NYSE ENVA traded up $0.31 on Thursday, hitting $115.77. 161,490 shares of the stock were exchanged, compared to its average volume of 238,466. The company has a debt-to-equity ratio of 3.14, a quick ratio of 18.55 and a current ratio of 18.55. Enova International has a 52-week low of $60.83 and a 52-week high of $117.56. The firm has a market capitalization of $2.94 billion, a P/E ratio of 13.64 and a beta of 1.48. The stock has a fifty day moving average price of $97.28 and a two-hundred day moving average price of $99.09.

Enova International (NYSE:ENVA - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The credit services provider reported $2.98 earnings per share for the quarter, topping the consensus estimate of $2.77 by $0.21. The firm had revenue of $745.54 million for the quarter, compared to the consensus estimate of $734.14 million. Enova International had a return on equity of 21.79% and a net margin of 8.38%. The company's revenue for the quarter was up 22.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.91 earnings per share. Research analysts forecast that Enova International will post 10.31 EPS for the current fiscal year.

Insider Activity

In other news, CEO David Fisher sold 2,000 shares of the stock in a transaction on Friday, June 20th. The stock was sold at an average price of $98.42, for a total transaction of $196,840.00. Following the completion of the sale, the chief executive officer owned 348,223 shares in the company, valued at approximately $34,272,107.66. This represents a 0.57% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, General Counsel Sean Rahilly sold 9,046 shares of the business's stock in a transaction on Monday, May 5th. The stock was sold at an average price of $95.05, for a total value of $859,822.30. Following the transaction, the general counsel owned 103,842 shares in the company, valued at approximately $9,870,182.10. This trade represents a 8.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 13,046 shares of company stock worth $1,253,962 in the last quarter. 8.40% of the stock is owned by insiders.

Institutional Investors Weigh In On Enova International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. New Age Alpha Advisors LLC purchased a new position in shares of Enova International in the 4th quarter valued at approximately $371,000. BNP Paribas Financial Markets increased its stake in Enova International by 42.7% during the 4th quarter. BNP Paribas Financial Markets now owns 82,872 shares of the credit services provider's stock valued at $7,946,000 after purchasing an additional 24,806 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Enova International in the first quarter worth $824,000. GAMMA Investing LLC lifted its stake in shares of Enova International by 15,008.8% during the first quarter. GAMMA Investing LLC now owns 166,952 shares of the credit services provider's stock worth $16,121,000 after buying an additional 165,847 shares during the period. Finally, Farther Finance Advisors LLC grew its holdings in shares of Enova International by 672.9% during the fourth quarter. Farther Finance Advisors LLC now owns 371 shares of the credit services provider's stock valued at $36,000 after buying an additional 323 shares during the last quarter. 89.43% of the stock is currently owned by hedge funds and other institutional investors.

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.