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

Enova International, Inc. (NYSE:ENVA - Get Free Report) has been given a consensus rating of "Buy" by the seven ratings firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $111.00.

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

Enova International Stock Down 0.1%

ENVA traded down $0.10 during trading on Friday, hitting $96.99. The company had a trading volume of 231,887 shares, compared to its average volume of 231,828. The firm's 50-day moving average price is $93.60 and its 200 day moving average price is $99.35. The company has a market capitalization of $2.46 billion, a PE ratio of 13.04 and a beta of 1.45. The company has a quick ratio of 15.82, a current ratio of 9.52 and a debt-to-equity ratio of 2.98. Enova International has a one year low of $57.67 and a one year high of $117.56.

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. Enova International had a net margin of 7.88% and a return on equity of 19.94%. The company had revenue of $745.54 million during the quarter, compared to analysts' expectations of $734.14 million. During the same period last year, the business earned $1.91 EPS. The business's quarterly revenue was up 22.2% on a year-over-year basis. As a group, equities analysts expect that Enova International will post 10.31 earnings per share for the current year.

Insider Transactions at Enova International

In other Enova International news, General Counsel Sean Rahilly sold 9,046 shares of the business's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $95.05, for a total value of $859,822.30. Following the completion of the sale, the general counsel now owns 103,842 shares of the company's stock, valued at $9,870,182.10. The trade was a 8.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO David Fisher sold 5,000 shares of Enova International stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of $101.75, for a total transaction of $508,750.00. Following the completion of the sale, the chief executive officer now owns 348,223 shares of the company's stock, valued at approximately $35,431,690.25. The trade was a 1.42% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 16,046 shares of company stock worth $1,565,872. Company insiders own 8.40% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. New Age Alpha Advisors LLC bought a new position in shares of Enova International in the 4th quarter valued at $371,000. BNP Paribas Financial Markets boosted its stake in Enova International by 42.7% in the fourth quarter. BNP Paribas Financial Markets now owns 82,872 shares of the credit services provider's stock valued at $7,946,000 after buying an additional 24,806 shares in the last quarter. GAMMA Investing LLC boosted its stake in Enova International by 15,008.8% in the first quarter. GAMMA Investing LLC now owns 166,952 shares of the credit services provider's stock valued at $16,121,000 after buying an additional 165,847 shares in the last quarter. Farther Finance Advisors LLC grew its position in Enova International by 672.9% in the fourth quarter. Farther Finance Advisors LLC now owns 371 shares of the credit services provider's stock valued at $36,000 after acquiring an additional 323 shares during the last quarter. Finally, KLP Kapitalforvaltning AS acquired a new position in Enova International during the fourth quarter worth about $547,000. 89.43% of the stock is currently owned by institutional investors and hedge funds.

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.