Enova International (NYSE:ENVA – Free Report) had its target price lifted by Maxim Group from $191.00 to $200.00 in a research report sent to investors on Monday, Marketbeat.com reports. Maxim Group currently has a buy rating on the credit services provider’s stock.
A number of other equities research analysts also recently weighed in on ENVA. TD Cowen boosted their price objective on shares of Enova International from $165.00 to $190.00 and gave the company a “buy” rating in a research report on Friday. Wall Street Zen lowered shares of Enova International from a “strong-buy” rating to a “buy” rating in a research note on Sunday, March 15th. Citizens Jmp boosted their target price on shares of Enova International from $182.00 to $195.00 and gave the company a “market outperform” rating in a research note on Friday. Weiss Ratings reissued a “buy (b-)” rating on shares of Enova International in a research note on Tuesday, April 21st. Finally, Stephens boosted their target price on shares of Enova International from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the stock. According to MarketBeat, Enova International presently has a consensus rating of “Buy” and a consensus price target of $198.80.
Get Our Latest Stock Analysis on ENVA
Enova International Stock Up 4.1%
Enova International (NYSE:ENVA – Get Free Report) last posted its earnings results on Thursday, April 23rd. The credit services provider reported $3.87 earnings per share for the quarter, beating the consensus estimate of $3.66 by $0.21. Enova International had a net margin of 9.95% and a return on equity of 25.89%. The business had revenue of $875.14 million for the quarter, compared to analyst estimates of $854.52 million. During the same quarter in the previous year, the business posted $2.98 EPS. The business’s quarterly revenue was up 17.4% on a year-over-year basis. Analysts forecast that Enova International will post 14.7 earnings per share for the current year.
Insider Transactions at Enova International
In other Enova International news, Director James A. Gray sold 19,999 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $172.04, for a total value of $3,440,627.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, General Counsel Sean Rahilly sold 12,879 shares of the company’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $164.28, for a total value of $2,115,762.12. Following the completion of the sale, the general counsel owned 100,877 shares of the company’s stock, valued at $16,572,073.56. This trade represents a 11.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 109,446 shares of company stock valued at $18,237,385 over the last three months. 8.40% of the stock is owned by company insiders.
Institutional Investors Weigh In On Enova International
Institutional investors have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its holdings in Enova International by 26.9% during the fourth quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock worth $47,000 after buying an additional 64 shares in the last quarter. California State Teachers Retirement System boosted its holdings in Enova International by 0.4% during the second quarter. California State Teachers Retirement System now owns 24,268 shares of the credit services provider’s stock worth $2,706,000 after buying an additional 105 shares in the last quarter. Bessemer Group Inc. boosted its holdings in Enova International by 174.2% during the third quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock worth $30,000 after buying an additional 162 shares in the last quarter. J.Safra Asset Management Corp boosted its holdings in Enova International by 3.3% during the third quarter. J.Safra Asset Management Corp now owns 5,503 shares of the credit services provider’s stock worth $633,000 after buying an additional 176 shares in the last quarter. Finally, FNY Investment Advisers LLC purchased a new stake in shares of Enova International in the 4th quarter valued at approximately $31,000. 89.43% of the stock is currently owned by institutional investors and hedge funds.
About Enova International
Enova International, Inc (NYSE: ENVA) is a Chicago-based financial services company specializing in online lending solutions. Since its founding in 2004, Enova has leveraged proprietary data analytics and technology platforms to underwrite and deliver short-term consumer loans, lines of credit and installment loans. Through its flagship consumer brand NetCredit, Enova provides flexible credit options designed to serve a wide range of borrowers, including those with limited or non-traditional credit histories.
In addition to its U.S.
Further Reading
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