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

Enova International, Inc. (NYSE:ENVA - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the eight ratings firms that are covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $110.14.

A number of analysts recently commented on ENVA shares. BTIG Research increased their price objective on Enova International from $122.00 to $129.00 and gave the company a "buy" rating in a research note on Wednesday, February 5th. Maxim Group raised their price target on shares of Enova International from $108.00 to $138.00 and gave the stock a "buy" rating in a research note on Thursday, February 6th. JMP Securities boosted their price objective on shares of Enova International from $125.00 to $135.00 and gave the company a "market outperform" rating in a research report on Wednesday, February 5th. Finally, Stephens raised their target price on shares of Enova International from $115.00 to $136.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 5th.

Enova International Price Performance

Shares of NYSE ENVA traded down $3.24 on Tuesday, hitting $96.04. The company's stock had a trading volume of 136,772 shares, compared to its average volume of 222,671. The stock has a 50 day moving average of $103.84 and a 200-day moving average of $97.29. The company has a market capitalization of $2.48 billion, a price-to-earnings ratio of 12.91 and a beta of 1.43. Enova International has a 12-month low of $57.46 and a 12-month high of $117.56. The company has a debt-to-equity ratio of 2.98, a current ratio of 9.52 and a quick ratio of 15.82.

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Enova International (NYSE:ENVA - Get Free Report) last posted its earnings results on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.29 by $0.08. Enova International had a return on equity of 19.94% and a net margin of 7.88%. As a group, research analysts predict that Enova International will post 10.31 EPS for the current year.

Insider Buying and Selling

In other news, CEO David Fisher sold 5,000 shares of Enova International stock in a transaction dated Tuesday, March 25th. The stock was sold at an average price of $101.75, for a total value of $508,750.00. Following the transaction, the chief executive officer now directly owns 348,223 shares of the company's stock, valued at $35,431,690.25. The trade was a 1.42 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CAO James Joseph Lee sold 455 shares of the business's stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $116.59, for a total value of $53,048.45. Following the sale, the chief accounting officer now owns 21,688 shares of the company's stock, valued at $2,528,603.92. The trade was a 2.05 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 31,188 shares of company stock valued at $3,559,693. Insiders own 7.80% of the company's stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. BNP Paribas Financial Markets raised its stake in shares of Enova International by 42.7% in the 4th quarter. BNP Paribas Financial Markets now owns 82,872 shares of the credit services provider's stock valued at $7,946,000 after acquiring an additional 24,806 shares during the period. Lazard Asset Management LLC raised its position in Enova International by 32.2% in the fourth quarter. Lazard Asset Management LLC now owns 28,934 shares of the credit services provider's stock valued at $2,773,000 after purchasing an additional 7,043 shares during the period. KLP Kapitalforvaltning AS acquired a new position in shares of Enova International during the fourth quarter worth about $547,000. New Age Alpha Advisors LLC purchased a new stake in shares of Enova International in the fourth quarter worth about $371,000. Finally, J.Safra Asset Management Corp grew its stake in shares of Enova International by 205.4% in the fourth quarter. J.Safra Asset Management Corp now owns 3,552 shares of the credit services provider's stock valued at $344,000 after buying an additional 2,389 shares in the last quarter. 89.43% of the stock is owned by institutional investors and hedge funds.

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.