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

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

A number of research firms have weighed in on ENVA. JMP Securities boosted their price objective on shares of Enova International from $73.00 to $78.00 and gave the company a “market outperform” rating in a research report on Wednesday, April 24th. Jefferies Financial Group raised their price objective on Enova International from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Tuesday, April 9th. Maxim Group boosted their price objective on shares of Enova International from $70.00 to $78.00 and gave the stock a “buy” rating in a research note on Thursday, April 25th. BMO Capital Markets increased their price objective on Enova International from $60.00 to $62.00 and gave the company a “market perform” rating in a report on Thursday, April 25th. Finally, StockNews.com upgraded Enova International from a “hold” rating to a “buy” rating in a research note on Thursday, May 2nd.

Insider Buying and Selling at Enova International

In other news, insider Kirk Chartier sold 41,303 shares of the business’s stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of $60.16, for a total transaction of $2,484,788.48. Following the completion of the sale, the insider now owns 117,422 shares of the company’s stock, valued at $7,064,107.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Enova International news, CFO Steven E. Cunningham sold 30,590 shares of the firm’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $63.00, for a total value of $1,927,170.00. Following the completion of the sale, the chief financial officer now directly owns 141,713 shares of the company’s stock, valued at approximately $8,927,919. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Kirk Chartier sold 41,303 shares of the firm’s stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of $60.16, for a total transaction of $2,484,788.48. Following the sale, the insider now owns 117,422 shares of the company’s stock, valued at $7,064,107.52. The disclosure for this sale can be found here. Insiders have sold a total of 123,643 shares of company stock valued at $7,660,043 over the last ninety days. Corporate insiders own 7.80% of the company’s stock.

Institutional Trading of Enova International

Hedge funds and other institutional investors have recently made changes to their positions in the company. Headinvest LLC purchased a new position in Enova International in the third quarter worth approximately $28,000. GAMMA Investing LLC acquired a new stake in shares of Enova International during the 4th quarter worth about $37,000. J.Safra Asset Management Corp raised its holdings in Enova International by 83.8% in the 1st quarter. J.Safra Asset Management Corp now owns 930 shares of the credit services provider’s stock valued at $58,000 after buying an additional 424 shares during the period. SG Americas Securities LLC acquired a new position in Enova International in the first quarter valued at about $223,000. Finally, Lazard Asset Management LLC raised its stake in shares of Enova International by 21.1% in the 1st quarter. Lazard Asset Management LLC now owns 3,649 shares of the credit services provider’s stock valued at $228,000 after acquiring an additional 636 shares during the period. Institutional investors and hedge funds own 89.43% of the company’s stock.

Enova International Stock Performance

ENVA opened at $62.25 on Friday. Enova International has a fifty-two week low of $35.30 and a fifty-two week high of $65.00. The company has a debt-to-equity ratio of 2.64, a quick ratio of 13.15 and a current ratio of 13.15. The company has a fifty day moving average of $60.94 and a 200 day moving average of $59.31. The stock has a market capitalization of $1.76 billion, a price-to-earnings ratio of 11.20 and a beta of 1.45.

Enova International (NYSE:ENVA) last posted its earnings results on Tuesday, April 23rd. The credit services provider reported $1.70 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.18. Enova International had a return on equity of 15.77% and a net margin of 7.69%. The firm had revenue of $609.89 million during the quarter, compared to the consensus estimate of $578.73 million. As a group, sell-side analysts forecast that Enova International will post 7.32 earnings per share for the current fiscal 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.