Enova International, Inc. (NYSE:ENVA) Given Average Recommendation of "Buy" by Analysts

Key Points

• Consensus "Buy": Six analysts covering Enova rate the stock a Buy (five Buy, one Strong Buy) with an average 1‑year price target of $188.00.
• Quarterly beat: Enova reported Q EPS of $3.46 vs $3.17 expected and revenue of $1.34B vs $838.6M expected, with revenue up 15% year‑over‑year and ROE of 25.31%.
• Insider selling amid heavy institutional ownership: Directors sold roughly 40,000 shares on Feb 2 and insiders sold 119,019 shares (~$19.75M) in the past 90 days, while institutions own about 89.43% of the company.

Enova International, Inc. (NYSE:ENVA - Get Free Report) has been given a consensus rating of "Buy" by the six ratings firms that are presently covering the stock, MarketBeat.com reports. Five investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $188.00.

Several analysts recently issued reports on ENVA shares. Citigroup reissued an "outperform" rating on shares of Enova International in a research note on Wednesday, January 28th. TD Cowen reaffirmed a "buy" rating on shares of Enova International in a research report on Thursday, January 8th. BTIG Research reaffirmed a "buy" rating and set a $199.00 price objective on shares of Enova International in a research report on Wednesday, January 28th. Maxim Group set a $191.00 price objective on Enova International in a research report on Thursday, January 29th. Finally, Zacks Research raised Enova International from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 30th.

Insider Buying and Selling at Enova International

In other Enova International news, Director James A. Gray sold 19,999 shares of Enova International stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $172.04, for a total transaction of $3,440,627.96. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Mark Tebbe sold 20,000 shares of Enova International stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $172.24, for a total value of $3,444,800.00. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 119,019 shares of company stock worth $19,748,101. Insiders own 8.40% of the company's stock.

Institutional Trading of Enova International

Several large investors have recently bought and sold shares of ENVA. Arkadios Wealth Advisors lifted its holdings in shares of Enova International by 61.3% during the third quarter. Arkadios Wealth Advisors now owns 31,362 shares of the credit services provider's stock valued at $3,609,000 after purchasing an additional 11,915 shares during the last quarter. CSM Advisors LLC lifted its holdings in shares of Enova International by 16.7% during the third quarter. CSM Advisors LLC now owns 62,550 shares of the credit services provider's stock valued at $7,199,000 after purchasing an additional 8,972 shares during the last quarter. Harbor Capital Advisors Inc. lifted its holdings in shares of Enova International by 8,356.1% during the third quarter. Harbor Capital Advisors Inc. now owns 16,574 shares of the credit services provider's stock valued at $1,908,000 after purchasing an additional 16,378 shares during the last quarter. SG Americas Securities LLC lifted its holdings in shares of Enova International by 2,933.1% during the fourth quarter. SG Americas Securities LLC now owns 138,975 shares of the credit services provider's stock valued at $21,847,000 after purchasing an additional 134,393 shares during the last quarter. Finally, Hillsdale Investment Management Inc. lifted its holdings in shares of Enova International by 12.0% during the third quarter. Hillsdale Investment Management Inc. now owns 58,780 shares of the credit services provider's stock valued at $6,765,000 after purchasing an additional 6,300 shares during the last quarter. 89.43% of the stock is owned by institutional investors.

Enova International Stock Up 2.1%

NYSE ENVA opened at $153.86 on Wednesday. The company has a debt-to-equity ratio of 3.37, a current ratio of 9.48 and a quick ratio of 9.48. The stock has a market capitalization of $3.84 billion, a PE ratio of 13.29 and a beta of 1.20. Enova International has a 1 year low of $88.11 and a 1 year high of $176.68. The business's 50-day moving average is $142.66 and its 200 day moving average is $139.71.

Enova International (NYSE:ENVA - Get Free Report) last posted its earnings results on Tuesday, January 27th. The credit services provider reported $3.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.17 by $0.29. The company had revenue of $1.34 billion for the quarter, compared to analysts' expectations of $838.59 million. Enova International had a return on equity of 25.31% and a net margin of 9.78%.Enova International's quarterly revenue was up 15.0% on a year-over-year basis. During the same period last year, the firm earned $2.61 earnings per share. Sell-side analysts forecast that Enova International will post 10.31 earnings per share for the current year.

Enova International Company Profile

Enova International, Inc NYSE: ENVA is a Chicago-based financial services company specializing in online lending solutions. Since its founding in 2004, Enova has leveraged proprietary data analytics and technology platforms to underwrite and deliver short-term consumer loans, lines of credit and installment loans. Through its flagship consumer brand NetCredit, Enova provides flexible credit options designed to serve a wide range of borrowers, including those with limited or non-traditional credit histories.

In addition to its U.S.

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