Enova International, Inc. (NYSE:ENVA) Receives $91.14 Consensus Price Target from Analysts

Shares of Enova International, Inc. (NYSE:ENVA) have earned a consensus rating of “Moderate Buy” from the eight analysts that are currently covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $91.14.

A number of analysts recently commented on the company. Janney Montgomery Scott lowered Enova International from a “buy” rating to a “neutral” rating in a report on Monday, August 26th. TD Cowen boosted their price target on shares of Enova International from $85.00 to $96.00 and gave the stock a “hold” rating in a report on Wednesday, October 23rd. BTIG Research increased 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. StockNews.com raised shares of Enova International from a “hold” rating to a “buy” rating in a research report on Monday, October 21st. Finally, JMP Securities increased their target price on shares of Enova International from $103.00 to $109.00 and gave the company a “market outperform” rating in a research report on Wednesday, October 23rd.

Insider Buying and Selling

In other Enova International news, insider Kirk Chartier sold 17,644 shares of the firm’s stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $86.80, for a total value of $1,531,499.20. Following the completion of the transaction, the insider now owns 117,422 shares in the company, valued at $10,192,229.60. This trade represents a 13.06 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gregg A. Kaplan sold 7,657 shares of the company’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $87.51, for a total value of $670,064.07. Following the sale, the director now owns 41,109 shares in the company, valued at approximately $3,597,448.59. This represents a 15.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 90,843 shares of company stock valued at $8,552,679. Company insiders own 7.80% of the company’s stock.

Institutional Trading of Enova International

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. USA Financial Formulas purchased a new position in shares of Enova International during the 3rd quarter valued at $76,000. GAMMA Investing LLC boosted its stake in Enova International by 24.6% during the third quarter. GAMMA Investing LLC now owns 1,065 shares of the credit services provider’s stock valued at $89,000 after buying an additional 210 shares during the period. Smith Shellnut Wilson LLC ADV purchased a new position in Enova International during the second quarter worth about $235,000. F M Investments LLC purchased a new position in Enova International during the third quarter worth about $242,000. Finally, SG Americas Securities LLC bought a new position in Enova International in the 3rd quarter worth about $772,000. Institutional investors own 89.43% of the company’s stock.

Enova International Trading Down 2.4 %

Shares of Enova International stock opened at $99.14 on Friday. The company has a market capitalization of $2.60 billion, a P/E ratio of 15.81 and a beta of 1.46. The stock has a fifty day simple moving average of $96.76 and a 200 day simple moving average of $81.95. Enova International has a 12-month low of $52.99 and a 12-month high of $108.15. The company has a current ratio of 15.82, a quick ratio of 15.82 and a debt-to-equity ratio of 2.79.

Enova International (NYSE:ENVA) last released its quarterly earnings results on Tuesday, October 22nd. The credit services provider reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.31 by $0.14. Enova International had a net margin of 7.19% and a return on equity of 18.41%. The company had revenue of $689.92 million for the quarter, compared to analyst estimates of $666.33 million. During the same period last year, the firm earned $1.33 earnings per share. The firm’s revenue was up 25.1% on a year-over-year basis. On average, sell-side analysts anticipate that Enova International will post 7.99 earnings per share for the current fiscal year.

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.