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

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

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

Insider Buying and Selling at Enova International

In other Enova International news, CAO James Joseph Lee sold 455 shares of the business's stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $116.59, for a total transaction of $53,048.45. Following the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Steven E. Cunningham sold 25,733 shares of the firm's stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $116.50, for a total transaction of $2,997,894.50. Following the sale, the chief financial officer now owns 155,855 shares of the company's stock, valued at $18,157,107.50. This trade represents a 14.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 36,188 shares of company stock valued at $4,106,843. Company insiders own 7.80% of the company's stock.

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Institutional Investors Weigh In On Enova International

A number of hedge funds have recently made changes to their positions in the stock. F M Investments LLC acquired a new stake in Enova International in the third quarter worth $242,000. Foundry Partners LLC grew its position in shares of 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 in the last quarter. Quantbot Technologies LP increased its holdings in Enova International by 10.2% during the 3rd quarter. Quantbot Technologies LP now owns 14,182 shares of the credit services provider's stock worth $1,188,000 after acquiring an additional 1,311 shares during the period. BNP Paribas Financial Markets boosted its position in shares of 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 last quarter. Finally, Crossmark Global Holdings Inc. bought a new position in Enova International in the fourth quarter valued at $206,000. 89.43% of the stock is currently owned by institutional investors and hedge funds.

Enova International Trading Down 3.1 %

NYSE ENVA traded down $3.19 during mid-day trading on Friday, hitting $100.15. The company's stock had a trading volume of 174,683 shares, compared to its average volume of 227,069. Enova International has a 52-week low of $57.46 and a 52-week high of $117.56. The firm has a market capitalization of $2.58 billion, a P/E ratio of 13.46 and a beta of 1.50. 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 fifty day simple moving average is $105.53 and its two-hundred day simple moving average is $95.74.

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