Enova International, Inc. (NYSE:ENVA) Receives $102.83 Average PT from Brokerages

Enova International, Inc. (NYSE:ENVA - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the seven ratings firms that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $102.83.

A number of analysts have issued reports on ENVA shares. Stephens lifted their price objective on Enova International from $115.00 to $136.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 5th. Maxim Group upped their price target on shares of Enova International from $108.00 to $138.00 and gave the company a "buy" rating in a research note on Thursday, February 6th. TD Cowen raised shares of Enova International from a "hold" rating to a "buy" rating and set a $17.00 price objective for the company in a research note on Tuesday, April 1st. JMP Securities boosted their target price on shares of Enova International from $125.00 to $135.00 and gave the stock a "market outperform" rating in a report on Wednesday, February 5th. Finally, BTIG Research upped their target price on shares of Enova International from $122.00 to $129.00 and gave the company a "buy" rating in a research report on Wednesday, February 5th.

Insider Buying and Selling at Enova International

In other news, CEO David Fisher sold 5,000 shares of Enova International stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $101.75, for a total transaction of $508,750.00. Following the completion of the sale, the chief executive officer now directly owns 348,223 shares in the company, valued at approximately $35,431,690.25. This trade represents a 1.42 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO James Joseph Lee sold 455 shares of the business's stock in a transaction on Friday, February 7th. The shares were sold at an average price of $116.59, for a total transaction of $53,048.45. Following the sale, the chief accounting officer now directly owns 21,688 shares of the company's stock, valued at $2,528,603.92. This represents a 2.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 31,188 shares of company stock worth $3,559,693 over the last 90 days. Company insiders own 8.40% of the company's stock.

Hedge Funds Weigh In On Enova International

A number of institutional investors have recently modified their holdings of the stock. GAMMA Investing LLC grew its stake in Enova International by 15,008.8% in the first quarter. GAMMA Investing LLC now owns 166,952 shares of the credit services provider's stock worth $16,121,000 after purchasing an additional 165,847 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of Enova International by 42.7% during the 4th quarter. BNP Paribas Financial Markets now owns 82,872 shares of the credit services provider's stock worth $7,946,000 after buying an additional 24,806 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Enova International during the first quarter valued at $824,000. Lazard Asset Management LLC increased its stake in shares of Enova International by 32.2% during 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 buying an additional 7,043 shares during the period. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of Enova International in the fourth quarter valued at about $547,000. 89.43% of the stock is owned by hedge funds and other institutional investors.

Enova International Price Performance

Shares of ENVA stock traded up $3.99 during mid-day trading on Friday, hitting $98.70. The company had a trading volume of 61,492 shares, compared to its average volume of 252,137. The company has a debt-to-equity ratio of 2.98, a current ratio of 9.52 and a quick ratio of 15.82. The stock's 50 day moving average price is $95.81 and its 200-day moving average price is $98.68. Enova International has a 52-week low of $57.46 and a 52-week high of $117.56. The company has a market capitalization of $2.55 billion, a P/E ratio of 13.27 and a beta of 1.35.

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

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.