Brokerages Set Enova International, Inc. (NYSE:ENVA) Price Target at $188.00

Shares of Enova International, Inc. (NYSE:ENVA) have received an average recommendation of “Buy” from the six analysts that are currently covering the firm, Marketbeat reports. Five equities research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $188.00.

A number of analysts have recently commented on the company. Maxim Group set a $191.00 price objective on Enova International in a research note on Thursday, January 29th. Wall Street Zen cut Enova International from a “strong-buy” rating to a “buy” rating in a research note on Sunday, March 15th. Citizens Jmp lifted their target price on Enova International from $180.00 to $182.00 and gave the stock a “market outperform” rating in a report on Wednesday, January 28th. Zacks Research upgraded shares of Enova International from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 30th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Enova International in a report on Thursday, January 22nd.

Enova International Price Performance

NYSE ENVA opened at $137.03 on Friday. Enova International has a 12 month low of $79.41 and a 12 month high of $176.68. The firm has a market capitalization of $3.43 billion, a PE ratio of 11.83 and a beta of 1.24. The company’s 50 day simple moving average is $149.00 and its 200 day simple moving average is $137.62. The company has a debt-to-equity ratio of 3.37, a current ratio of 9.48 and a quick ratio of 9.48.

Enova International (NYSE:ENVA) last released its earnings results on Tuesday, January 27th. The credit services provider reported $3.46 earnings per share for the quarter, topping analysts’ consensus estimates of $3.17 by $0.29. The firm had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $838.59 million. Enova International had a return on equity of 25.31% and a net margin of 9.78%.The firm’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.61 earnings per share. As a group, equities research analysts forecast that Enova International will post 10.31 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, Director James A. Gray sold 19,999 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $172.04, for a total transaction of $3,440,627.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Sean Rahilly sold 12,879 shares of Enova International stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $164.28, for a total transaction of $2,115,762.12. Following the completion of the transaction, the general counsel owned 100,877 shares in the company, valued at approximately $16,572,073.56. This trade represents a 11.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 119,019 shares of company stock worth $19,748,101. Company insiders own 8.40% of the company’s stock.

Institutional Investors Weigh In On Enova International

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Pacer Advisors Inc. acquired a new position in shares of Enova International in the 3rd quarter worth $28,000. Bessemer Group Inc. lifted its holdings in shares of Enova International by 174.2% during the third quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock valued at $30,000 after purchasing an additional 162 shares during the last quarter. FNY Investment Advisers LLC acquired a new position in shares of Enova International in the 4th quarter valued at $31,000. Strs Ohio acquired a new position in shares of Enova International in the 3rd quarter valued at $35,000. Finally, Farther Finance Advisors LLC increased its stake in Enova International by 26.9% in the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock worth $47,000 after purchasing an additional 64 shares in the last quarter. Institutional investors and hedge funds own 89.43% of the company’s stock.

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.