BMO Capital Markets Increases Enova International (NYSE:ENVA) Price Target to $62.00

Enova International (NYSE:ENVA) had its price target upped by BMO Capital Markets from $60.00 to $62.00 in a research note released on Thursday, Benzinga reports. The firm currently has a market perform rating on the credit services provider’s stock.

Other research analysts have also recently issued reports about the stock. TheStreet cut shares of Enova International from a b rating to a c+ rating in a research report on Tuesday, January 30th. Jefferies Financial Group increased their target price on shares of Enova International from $70.00 to $75.00 and gave the company a buy rating in a report on Tuesday, April 9th. JMP Securities lifted their target price on shares of Enova International from $73.00 to $78.00 and gave the stock a market outperform rating in a research report on Wednesday, April 24th. Finally, StockNews.com lowered shares of Enova International from a buy rating to a hold rating in a research report on Wednesday, April 24th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of Moderate Buy and a consensus target price of $67.60.

Enova International Stock Up 1.2 %

Enova International stock opened at $63.23 on Thursday. The firm has a market capitalization of $1.71 billion, a price-to-earnings ratio of 11.37 and a beta of 1.55. The firm has a 50 day simple moving average of $61.66 and a 200 day simple moving average of $53.83. Enova International has a 1-year low of $35.30 and a 1-year high of $65.00. The company has a current ratio of 13.15, a quick ratio of 10.27 and a debt-to-equity ratio of 2.64.

Enova International (NYSE:ENVA) last announced its quarterly earnings results on Tuesday, January 30th. The credit services provider reported $1.62 EPS for the quarter, beating the consensus estimate of $1.54 by $0.08. Enova International had a net margin of 7.69% and a return on equity of 15.77%. The firm had revenue of $583.59 million during the quarter, compared to the consensus estimate of $587.34 million. On average, analysts predict that Enova International will post 7.34 earnings per share for the current year.

Insider Buying and Selling at Enova International

In other news, CFO Steven E. Cunningham sold 17,548 shares of the business’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $56.11, for a total value of $984,618.28. Following the transaction, the chief financial officer now directly owns 150,025 shares in the company, valued at $8,417,902.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, Director Linda Johnson Rice sold 5,000 shares of the business’s stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $62.12, for a total value of $310,600.00. Following the sale, the director now owns 9,182 shares in the company, valued at $570,385.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Steven E. Cunningham sold 17,548 shares of the business’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of $56.11, for a total value of $984,618.28. Following the sale, the chief financial officer now directly owns 150,025 shares in the company, valued at $8,417,902.75. The disclosure for this sale can be found here. Insiders have sold 30,938 shares of company stock valued at $1,799,557 over the last 90 days. 7.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Enova International

Institutional investors have recently made changes to their positions in the company. Counterpoint Mutual Funds LLC acquired a new position in shares of Enova International during the third quarter valued at about $117,000. Jackson Creek Investment Advisors LLC purchased a new stake in Enova International during the 3rd quarter worth approximately $928,000. Headinvest LLC purchased a new position in shares of Enova International in the third quarter worth $28,000. Denali Advisors LLC lifted its stake in shares of Enova International by 3.3% during the third quarter. Denali Advisors LLC now owns 87,572 shares of the credit services provider’s stock worth $4,455,000 after buying an additional 2,800 shares during the period. Finally, Foundry Partners LLC grew its holdings in shares of Enova International by 7.6% during the third quarter. Foundry Partners LLC now owns 128,551 shares of the credit services provider’s stock valued at $6,539,000 after buying an additional 9,125 shares during the last quarter. Institutional investors own 89.43% of the company’s stock.

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.