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

Enova International, Inc. (NYSE:ENVA - Get Free Report) has earned an average recommendation of "Buy" from the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. One equities 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 twelve-month target price among analysts that have covered the stock in the last year is $111.00.

A number of equities analysts have issued reports on the stock. TD Cowen raised shares of Enova International from a "hold" rating to a "buy" rating and set a $17.00 price objective on the stock in a research note on Tuesday, April 1st. Maxim Group lifted their price target on shares of Enova International from $108.00 to $138.00 and gave the stock a "buy" rating in a research report on Thursday, February 6th. Stephens lifted their price objective on Enova International from $115.00 to $136.00 and gave the company an "overweight" rating in a report on Wednesday, February 5th. BTIG Research raised their price objective on shares of Enova International from $122.00 to $129.00 and gave the stock a "buy" rating in a report on Wednesday, February 5th. Finally, Seaport Res Ptn upgraded Enova International to a "strong-buy" rating in a report on Wednesday, May 14th.

Enova International Price Performance

Shares of NYSE ENVA traded down $0.71 during trading on Wednesday, reaching $97.22. The company had a trading volume of 21,495 shares, compared to its average volume of 230,363. Enova International has a 52 week low of $57.46 and a 52 week high of $117.56. The company has a debt-to-equity ratio of 2.98, a quick ratio of 15.82 and a current ratio of 9.52. The business's 50 day moving average price is $94.41 and its 200-day moving average price is $99.97. The stock has a market cap of $2.47 billion, a PE ratio of 13.09 and a beta of 1.43.

Enova International (NYSE:ENVA - Get Free Report) last released its earnings results on Tuesday, April 29th. The credit services provider reported $2.98 earnings per share for the quarter, topping analysts' consensus estimates of $2.77 by $0.21. The company had revenue of $745.54 million during the quarter, compared to the consensus estimate of $734.14 million. Enova International had a return on equity of 19.94% and a net margin of 7.88%. The firm's quarterly revenue was up 22.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.91 earnings per share. Analysts expect that Enova International will post 10.31 earnings per share for the current year.

Insider Buying and Selling at Enova International

In other news, CEO David Fisher sold 2,000 shares of Enova International stock in a transaction dated Monday, April 28th. The shares were sold at an average price of $98.65, for a total value of $197,300.00. Following the completion of the transaction, the chief executive officer now owns 348,223 shares of the company's stock, valued at $34,352,198.95. This trade represents a 0.57% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, General Counsel Sean Rahilly sold 9,046 shares of the company's stock in a transaction dated Monday, May 5th. The shares were sold at an average price of $95.05, for a total transaction of $859,822.30. Following the completion of the sale, the general counsel now directly owns 103,842 shares in the company, valued at approximately $9,870,182.10. The trade was a 8.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 16,046 shares of company stock worth $1,565,872 over the last ninety days. 8.40% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Enova International

A number of institutional investors have recently bought and sold shares of ENVA. J.Safra Asset Management Corp increased its holdings in shares of Enova International by 6.5% during the 1st quarter. J.Safra Asset Management Corp now owns 3,784 shares of the credit services provider's stock worth $365,000 after acquiring an additional 232 shares during the last quarter. Rowlandmiller & PARTNERS.ADV increased its holdings in shares of Enova International by 1.3% in the first quarter. Rowlandmiller & PARTNERS.ADV now owns 22,062 shares of the credit services provider's stock valued at $2,130,000 after purchasing an additional 290 shares during the last quarter. Financial Management Professionals Inc. bought a new position in shares of Enova International in the first quarter valued at about $28,000. Farther Finance Advisors LLC lifted its stake in shares of Enova International by 672.9% during the 4th quarter. Farther Finance Advisors LLC now owns 371 shares of the credit services provider's stock worth $36,000 after buying an additional 323 shares during the last quarter. Finally, Versant Capital Management Inc lifted its stake in shares of Enova International by 521.3% during the 1st quarter. Versant Capital Management Inc now owns 466 shares of the credit services provider's stock worth $45,000 after buying an additional 391 shares during the last quarter. Institutional investors and hedge funds own 89.43% of the company's stock.

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.