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

Shares of Enova International, Inc. (NYSE:ENVA - Get Free Report) have been given an average recommendation of "Moderate Buy" by the four ratings firms that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $63.00.

ENVA has been the subject of a number of recent research reports. BMO Capital Markets increased their price objective on Enova International from $57.00 to $59.00 and gave the company a "market perform" rating in a report on Wednesday, January 31st. TheStreet downgraded Enova International from a "b" rating to a "c+" rating in a report on Tuesday, January 30th. Jefferies Financial Group increased their price target on Enova International from $70.00 to $75.00 and gave the stock a "buy" rating in a report on Tuesday. StockNews.com upgraded Enova International from a "hold" rating to a "buy" rating in a report on Saturday, March 23rd. Finally, JMP Securities increased their price target on Enova International from $62.00 to $73.00 and gave the stock a "market outperform" rating in a report on Wednesday, January 31st.

Insider Activity

In other news, CFO Steven E. Cunningham sold 17,548 shares of the firm's stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $56.11, for a total value of $984,618.28. Following the completion of the sale, the chief financial officer now directly owns 150,025 shares in the company, valued at approximately $8,417,902.75. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In related news, General Counsel Sean Rahilly sold 2,347 shares of the firm's stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $60.40, for a total value of $141,758.80. Following the transaction, the general counsel now owns 107,992 shares of the company's stock, valued at approximately $6,522,716.80. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Steven E. Cunningham sold 17,548 shares of the firm's stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $56.11, for a total transaction of $984,618.28. Following the completion of the transaction, the chief financial officer now directly owns 150,025 shares in the company, valued at approximately $8,417,902.75. The disclosure for this sale can be found here. Insiders sold a total of 30,938 shares of company stock worth $1,799,557 in the last three months. Company insiders own 7.80% of the company's stock.

Hedge Funds Weigh In On Enova International

Several large investors have recently added to or reduced their stakes in ENVA. MetLife Investment Management LLC lifted its position in Enova International by 53.0% in the 1st quarter. MetLife Investment Management LLC now owns 20,678 shares of the credit services provider's stock valued at $785,000 after acquiring an additional 7,162 shares in the last quarter. UBS Asset Management Americas Inc. lifted its position in shares of Enova International by 13.3% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 46,568 shares of the credit services provider's stock worth $1,342,000 after buying an additional 5,461 shares in the last quarter. Credit Suisse AG lifted its position in shares of Enova International by 12.8% during the 3rd quarter. Credit Suisse AG now owns 28,560 shares of the credit services provider's stock worth $835,000 after buying an additional 3,250 shares in the last quarter. BNP Paribas Arbitrage SNC lifted its position in shares of Enova International by 39.5% during the 3rd quarter. BNP Paribas Arbitrage SNC now owns 16,244 shares of the credit services provider's stock worth $475,000 after buying an additional 4,602 shares in the last quarter. Finally, Geode Capital Management LLC lifted its position in shares of Enova International by 2.1% during the 4th quarter. Geode Capital Management LLC now owns 575,112 shares of the credit services provider's stock worth $22,067,000 after buying an additional 11,837 shares in the last quarter. Institutional investors own 89.43% of the company's stock.

Enova International Trading Up 0.0 %

NYSE ENVA traded up $0.02 on Tuesday, reaching $63.03. The company had a trading volume of 119,186 shares, compared to its average volume of 262,675. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 11.50 and a beta of 1.55. Enova International has a fifty-two week low of $35.30 and a fifty-two week high of $64.51. The business has a 50 day moving average of $60.30 and a two-hundred day moving average of $52.80. The company has a debt-to-equity ratio of 2.37, a current ratio of 10.27 and a quick ratio of 10.27.

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

Enova International Company Profile

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.