Enova International (NYSE:ENVA) Receives Equal Weight Rating from Stephens

Last updated on Monday, April 19, 2021 | 2021 MarketBeat

Enova International (NYSE:ENVA)'s stock had its "equal weight" rating restated by analysts at Stephens in a research note issued on Monday, Benzinga reports. They presently have a $44.00 price objective on the credit services provider's stock, up from their prior price objective of $32.00. Stephens' price objective points to a potential upside of 33.17% from the stock's previous close.

A number of other brokerages have also recently commented on ENVA. JMP Securities increased their price target on shares of Enova International from $38.00 to $48.00 and gave the company an "outperform" rating in a research report on Tuesday, March 30th. TheStreet upgraded shares of Enova International from a "c" rating to a "b-" rating in a research report on Thursday, December 24th. Finally, Zacks Investment Research upgraded shares of Enova International from a "hold" rating to a "buy" rating and set a $28.00 price target on the stock in a research report on Monday, January 11th.

NYSE ENVA opened at $33.04 on Monday. The company has a market cap of $1.21 billion, a PE ratio of 9.92 and a beta of 1.80. Enova International has a 52 week low of $9.43 and a 52 week high of $41.06. The company has a quick ratio of 13.65, a current ratio of 13.65 and a debt-to-equity ratio of 1.51. The firm's 50-day simple moving average is $35.26 and its two-hundred day simple moving average is $25.73.

Enova International (NYSE:ENVA) last posted its quarterly earnings data on Thursday, February 4th. The credit services provider reported $2.39 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.04 by $1.35. The company had revenue of $263.85 million for the quarter, compared to analysts' expectations of $278.32 million. Enova International had a net margin of 8.29% and a return on equity of 36.64%. As a group, equities research analysts anticipate that Enova International will post 5.81 EPS for the current year.

In related news, CEO David Fisher sold 27,951 shares of the firm's stock in a transaction on Monday, April 5th. The stock was sold at an average price of $35.77, for a total value of $999,807.27. Following the completion of the sale, the chief executive officer now owns 529,160 shares of the company's stock, valued at $18,928,053.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James A. Gray sold 3,000 shares of the firm's stock in a transaction on Thursday, February 11th. The stock was sold at an average price of $28.70, for a total value of $86,100.00. The disclosure for this sale can be found here. Insiders sold 69,574 shares of company stock worth $2,244,462 in the last 90 days. Company insiders own 7.50% of the company's stock.

A number of hedge funds have recently made changes to their positions in the stock. Crossmark Global Holdings Inc. purchased a new stake in Enova International in the first quarter worth $232,000. Carolina Wealth Advisors LLC purchased a new position in Enova International during the first quarter valued at $67,000. Everence Capital Management Inc. purchased a new position in Enova International during the first quarter valued at $258,000. Tudor Investment Corp Et Al lifted its position in Enova International by 9.3% during the fourth quarter. Tudor Investment Corp Et Al now owns 46,501 shares of the credit services provider's stock valued at $1,152,000 after buying an additional 3,946 shares during the period. Finally, American International Group Inc. lifted its position in Enova International by 15.1% during the fourth quarter. American International Group Inc. now owns 23,407 shares of the credit services provider's stock valued at $580,000 after buying an additional 3,068 shares during the period. 75.56% of the stock is owned by institutional investors.

Enova International Company Profile

Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, Australia, and Canada. The company offers installment loans; line of credit accounts; receivables purchase agreements; income share agreements; 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.

See Also: Lock-Up Period Expiration

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Featured Article: Bull Market



7 Low-Priced Dividend Stocks Under $10

The recent trading activity surrounding low-priced stocks like GameStop (NYSE:GME) is a reminder to investors of the high-risk nature involved with these stocks. Often when a stock trades for under $10 (also termed a penny stock), it is trading that low for a reason. The company may not be profitable, or in the case of GameStop, it finds itself with a business model that no longer fits with consumer trends.

But that’s not always the case. It is possible to find low-priced stocks, even penny stocks, that offer great value. This is particularly true if the stock offers investors a dividend. Dividend-earning stocks are a diversification source for a consumer’s portfolio, particularly if the dividend gets reinvested. It’s literally like paying yourself for owning the stock.

And the stocks in this presentation look ready also to deliver some additional stock price growth that can increase your total return.

View the "7 Low-Priced Dividend Stocks Under $10".


MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research. As a bonus to opt-ing into our email newsletters, you will also get a free subscription to the Liberty Through Wealth e-newsletter. You can opt out at any time.