JMP Securities Issues Positive Forecast for Enova International (NYSE:ENVA) Stock Price

Enova International (NYSE:ENVA - Get Free Report) had its price target boosted by JMP Securities from $125.00 to $135.00 in a report released on Wednesday,Benzinga reports. The firm currently has a "market outperform" rating on the credit services provider's stock. JMP Securities' target price points to a potential upside of 18.10% from the stock's previous close.

A number of other brokerages have also issued reports on ENVA. Stephens started coverage on shares of Enova International in a research note on Wednesday, November 13th. They set an "overweight" rating and a $108.00 price target on the stock. TD Cowen upped their target price 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. BTIG Research raised their price target on shares of Enova International from $90.00 to $110.00 and gave the company a "buy" rating in a research report on Wednesday, October 23rd. Finally, StockNews.com upgraded shares of Enova International from a "hold" rating to a "buy" rating in a research note on Monday, October 21st. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $101.57.

Enova International Trading Up 1.2 %

Shares of NYSE:ENVA traded up $1.37 during mid-day trading on Wednesday, reaching $114.31. 416,458 shares of the company were exchanged, compared to its average volume of 216,242. The firm has a market cap of $3.00 billion, a price-to-earnings ratio of 18.23 and a beta of 1.49. The company has a debt-to-equity ratio of 2.79, a current ratio of 15.82 and a quick ratio of 15.82. Enova International has a 1 year low of $53.40 and a 1 year high of $117.39. The firm's 50-day simple moving average is $103.30 and its 200 day simple moving average is $91.98.

Enova International (NYSE:ENVA - Get Free Report) last issued its quarterly earnings data on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share for the quarter, beating analysts' consensus estimates of $2.29 by $0.08. Enova International had a return on equity of 18.41% and a net margin of 7.19%. Equities research analysts forecast that Enova International will post 7.98 EPS for the current year.

Insider Transactions at Enova International

In other news, CEO David Fisher sold 10,000 shares of the company's stock in a transaction on Tuesday, December 3rd. The shares were sold at an average price of $105.59, for a total value of $1,055,900.00. Following the completion of the transaction, the chief executive officer now owns 369,905 shares in the company, valued at approximately $39,058,268.95. This represents a 2.63 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 7.80% of the company's stock.

Institutional Investors Weigh In On Enova International

A number of institutional investors and hedge funds have recently bought and sold shares of ENVA. BNP Paribas Financial Markets raised its position in Enova International by 28.6% in 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 purchasing an additional 12,928 shares during the last quarter. SG Americas Securities LLC purchased a new stake in shares of Enova International in the third quarter valued at about $772,000. F M Investments LLC acquired a new stake in shares of Enova International during the third quarter worth about $242,000. Crossmark Global Holdings Inc. purchased a new position in shares of Enova International during the fourth quarter worth about $206,000. Finally, Longboard Asset Management LP acquired a new position in Enova International in the 4th quarter valued at about $202,000. 89.43% of the stock is owned by hedge funds and other institutional investors.

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.