Enova International, Inc. (NYSE:ENVA) Given Consensus Rating of “Moderate Buy” by Analysts

Enova International, Inc. (NYSE:ENVA) has been assigned an average rating of “Moderate Buy” from the five research firms that are currently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $67.60.

ENVA has been the subject of a number of recent analyst reports. Jefferies Financial Group upped their target price on Enova International from $70.00 to $75.00 and gave the stock a “buy” rating in a research report on Tuesday, April 9th. TheStreet lowered Enova International from a “b” rating to a “c+” rating in a report on Tuesday, January 30th. JMP Securities upped their price target on Enova International from $73.00 to $78.00 and gave the stock a “market outperform” rating in a report on Wednesday, April 24th. StockNews.com upgraded Enova International from a “hold” rating to a “buy” rating in a report on Thursday. Finally, BMO Capital Markets upped their price target on Enova International from $60.00 to $62.00 and gave the stock a “market perform” rating in a report on Thursday, April 25th.

Insider Transactions at Enova International

In related news, CFO Steven E. Cunningham sold 17,548 shares of the firm’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $56.11, for a total transaction of $984,618.28. Following the completion of the sale, the chief financial officer now directly owns 150,025 shares of the company’s stock, valued at approximately $8,417,902.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Enova International news, CFO Steven E. Cunningham sold 17,548 shares of the firm’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $56.11, for a total value of $984,618.28. Following the completion of the sale, the chief financial officer now owns 150,025 shares in the company, valued at approximately $8,417,902.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, General Counsel Sean Rahilly sold 2,347 shares of the company’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $60.40, for a total transaction of $141,758.80. Following the transaction, the general counsel now owns 107,992 shares in the company, valued at $6,522,716.80. The disclosure for this sale can be found here. Insiders have sold 61,528 shares of company stock valued at $3,726,727 in the last three months. 7.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Orchard Capital Management LLC boosted its position in shares of Enova International by 30.0% in the 4th quarter. Orchard Capital Management LLC now owns 232,326 shares of the credit services provider’s stock worth $12,862,000 after purchasing an additional 53,647 shares during the last quarter. Foundry Partners LLC raised its stake in shares of Enova International by 7.3% in the 4th quarter. Foundry Partners LLC now owns 137,908 shares of the credit services provider’s stock valued at $7,635,000 after purchasing an additional 9,357 shares during the period. New York State Common Retirement Fund raised its stake in shares of Enova International by 3.8% in the 3rd quarter. New York State Common Retirement Fund now owns 59,748 shares of the credit services provider’s stock valued at $3,039,000 after purchasing an additional 2,203 shares during the period. BNP Paribas Financial Markets raised its stake in shares of Enova International by 172.5% in the 1st quarter. BNP Paribas Financial Markets now owns 51,781 shares of the credit services provider’s stock valued at $3,253,000 after purchasing an additional 32,779 shares during the period. Finally, Jackson Creek Investment Advisors LLC acquired a new stake in shares of Enova International in the 3rd quarter valued at about $928,000. 89.43% of the stock is currently owned by institutional investors.

Enova International Stock Up 0.6 %

Shares of Enova International stock opened at $62.01 on Friday. The stock has a market capitalization of $1.75 billion, a P/E ratio of 11.15 and a beta of 1.52. The company has a quick ratio of 13.15, a current ratio of 13.15 and a debt-to-equity ratio of 2.64. The stock has a 50 day moving average price of $61.77 and a two-hundred day moving average price of $54.09. Enova International has a 12-month low of $35.30 and a 12-month high of $65.00.

Enova International (NYSE:ENVA) last announced its earnings results on Tuesday, January 30th. The credit services provider reported $1.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.54 by $0.08. The firm had revenue of $583.59 million during the quarter, compared to analysts’ expectations of $587.34 million. Enova International had a return on equity of 15.77% and a net margin of 7.69%. Equities analysts expect that Enova International will post 7.32 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.