Enova International (NYSE:ENVA) Sets New 1-Year High at $64.86

Enova International, Inc. (NYSE:ENVA - Get Free Report)'s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $64.86 and last traded at $64.32, with a volume of 403222 shares trading hands. The stock had previously closed at $61.23.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ENVA. TheStreet lowered Enova International from a "b" rating to a "c+" rating in a research note on Tuesday, January 30th. JMP Securities increased their target price on Enova International from $62.00 to $73.00 and gave the stock a "market outperform" rating in a research note on Wednesday, January 31st. StockNews.com raised Enova International from a "hold" rating to a "buy" rating in a research note on Saturday, March 23rd. Jefferies Financial Group increased their target price on Enova International from $70.00 to $75.00 and gave the stock a "buy" rating in a research note on Tuesday, April 9th. Finally, BMO Capital Markets increased their target price on Enova International from $57.00 to $59.00 and gave the stock a "market perform" rating in a research note on Wednesday, January 31st. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $63.00.

Enova International Trading Up 5.0 %

The company has a fifty day simple moving average of $61.40 and a two-hundred day simple moving average of $53.57. The company has a current ratio of 10.27, a quick ratio of 10.27 and a debt-to-equity ratio of 2.37. The company has a market cap of $1.77 billion, a PE ratio of 11.74 and a beta of 1.55.

Enova International (NYSE:ENVA - Get Free Report) last issued its quarterly earnings results on Tuesday, January 30th. The credit services provider reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.08. Enova International had a return on equity of 15.84% and a net margin of 8.27%. The company had revenue of $583.59 million for the quarter, compared to the consensus estimate of $587.34 million. Analysts anticipate that Enova International, Inc. will post 7.39 EPS for the current year.

Insiders Place Their Bets

In other Enova International news, Director Linda Johnson Rice sold 5,000 shares of the company's stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $62.12, for a total transaction of $310,600.00. Following the sale, the director now owns 9,182 shares in the company, valued at approximately $570,385.84. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, Director Linda Johnson Rice sold 5,000 shares of the stock in a transaction dated Wednesday, February 28th. The stock was sold at an average price of $62.12, for a total value of $310,600.00. Following the transaction, the director now owns 9,182 shares in the company, valued at approximately $570,385.84. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Steven E. Cunningham sold 17,548 shares of the stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $56.11, for a total value of $984,618.28. Following the completion of the transaction, the chief financial officer now owns 150,025 shares in the company, valued at approximately $8,417,902.75. The disclosure for this sale can be found here. Insiders have sold a total of 30,938 shares of company stock worth $1,799,557 in the last quarter. 7.80% of the stock is owned by company insiders.

Institutional Trading of Enova International

A number of hedge funds have recently added to or reduced their stakes in the stock. Headinvest LLC acquired a new stake in Enova International during the 3rd quarter worth approximately $28,000. GAMMA Investing LLC acquired a new stake in Enova International during the 4th quarter worth approximately $37,000. New York State Common Retirement Fund lifted its position in Enova International by 3.8% during the 3rd quarter. New York State Common Retirement Fund now owns 59,748 shares of the credit services provider's stock worth $3,039,000 after acquiring an additional 2,203 shares during the period. Counterpoint Mutual Funds LLC acquired a new stake in shares of Enova International in the 3rd quarter valued at approximately $117,000. Finally, Denali Advisors LLC lifted its holdings in shares of Enova International by 3.3% in the 3rd quarter. Denali Advisors LLC now owns 87,572 shares of the credit services provider's stock valued at $4,455,000 after buying an additional 2,800 shares during the period. 89.43% of the stock is 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.