Enova International, Inc. (NYSE:ENVA) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Shares of Enova International, Inc. (NYSE:ENVA - Get Free Report) have earned an average recommendation of "Moderate Buy" from the eight analysts that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $91.14.

Several equities research analysts have recently commented on the stock. BTIG Research boosted their price target on shares of Enova International from $90.00 to $110.00 and gave the company a "buy" rating in a report on Wednesday, October 23rd. TD Cowen boosted their price objective on shares of Enova International from $85.00 to $96.00 and gave the stock a "hold" rating in a research note on Wednesday, October 23rd. Stephens began coverage on Enova International in a report on Wednesday, November 13th. They issued an "overweight" rating and a $108.00 price target on the stock. StockNews.com upgraded Enova International from a "hold" rating to a "buy" rating in a research note on Monday, October 21st. Finally, JMP Securities boosted their target price on shares of Enova International from $103.00 to $109.00 and gave the stock a "market outperform" rating in a report on Wednesday, October 23rd.

Enova International Trading Down 0.4 %

ENVA traded down $0.44 during trading on Thursday, hitting $98.39. 137,917 shares of the stock were exchanged, compared to its average volume of 160,715. The company has a debt-to-equity ratio of 2.79, a quick ratio of 15.82 and a current ratio of 15.82. The firm has a 50 day simple moving average of $100.32 and a 200 day simple moving average of $86.11. The firm has a market cap of $2.58 billion, a price-to-earnings ratio of 15.69 and a beta of 1.46. Enova International has a 1 year low of $53.17 and a 1 year high of $108.15.

Enova International (NYSE:ENVA - Get Free Report) last announced its quarterly earnings results on Tuesday, October 22nd. The credit services provider reported $2.45 EPS for the quarter, beating the consensus estimate of $2.31 by $0.14. Enova International had a return on equity of 18.41% and a net margin of 7.19%. The firm had revenue of $689.92 million for the quarter, compared to analyst estimates of $666.33 million. During the same quarter last year, the firm posted $1.33 earnings per share. The business's revenue for the quarter was up 25.1% on a year-over-year basis. As a group, equities analysts expect that Enova International will post 7.99 EPS for the current year.

Insider Transactions at Enova International

In other Enova International news, CFO Steven E. Cunningham sold 29,158 shares of the business's stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $89.53, for a total transaction of $2,610,515.74. Following the sale, the chief financial officer now owns 130,355 shares in the company, valued at approximately $11,670,683.15. The trade was a 18.28 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David Fisher sold 13,314 shares of the stock in a transaction dated Wednesday, November 6th. The shares were sold at an average price of $101.74, for a total value of $1,354,566.36. Following the completion of the transaction, the chief executive officer now directly owns 399,925 shares in the company, valued at $40,688,369.50. This represents a 3.22 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 90,843 shares of company stock worth $8,552,679. Insiders own 7.80% of the company's stock.

Hedge Funds Weigh In On Enova International

Several hedge funds and other institutional investors have recently bought and sold shares of ENVA. BNP Paribas Financial Markets lifted its stake in Enova International by 28.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 58,066 shares of the credit services provider's stock valued at $4,865,000 after acquiring an additional 12,928 shares during the period. SG Americas Securities LLC acquired a new position in Enova International during the third quarter valued at $772,000. Livforsakringsbolaget Skandia Omsesidigt lifted its position in Enova International by 1.0% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,250 shares of the credit services provider's stock valued at $1,694,000 after purchasing an additional 200 shares during the period. Foundry Partners LLC boosted its holdings in Enova International by 1.1% in the third quarter. Foundry Partners LLC now owns 122,756 shares of the credit services provider's stock valued at $10,286,000 after purchasing an additional 1,328 shares during the last quarter. Finally, F M Investments LLC acquired a new stake in Enova International during the 3rd quarter worth about $242,000. 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.