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

Shares of Enova International, Inc. (NYSE:ENVA) have received a consensus recommendation of “Moderate Buy” from the eight research firms that are presently covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $110.14.

A number of equities research analysts have issued reports on ENVA shares. JMP Securities raised their price target on shares of Enova International from $125.00 to $135.00 and gave the stock a “market outperform” rating in a report on Wednesday, February 5th. Stephens lifted their target price on shares of Enova International from $115.00 to $136.00 and gave the company an “overweight” rating in a research note on Wednesday, February 5th. Maxim Group lifted their target price on shares of Enova International from $108.00 to $138.00 and gave the company a “buy” rating in a research note on Thursday, February 6th. Finally, BTIG Research lifted their target price on shares of Enova International from $122.00 to $129.00 and gave the company a “buy” rating in a research note on Wednesday, February 5th.

Enova International Price Performance

Shares of Enova International stock opened at $101.79 on Friday. The firm has a market cap of $2.63 billion, a PE ratio of 13.68 and a beta of 1.50. Enova International has a 12-month low of $57.46 and a 12-month high of $117.56. The company has a quick ratio of 15.82, a current ratio of 9.52 and a debt-to-equity ratio of 2.98. The company’s fifty day simple moving average is $105.40 and its two-hundred day simple moving average is $95.33.

Enova International (NYSE:ENVA) last announced its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.08. Enova International had a net margin of 7.88% and a return on equity of 19.94%. As a group, equities analysts expect that Enova International will post 10.31 EPS for the current year.

Insider Buying and Selling

In other Enova International news, CEO David Fisher sold 10,000 shares of Enova International stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $105.59, for a total value of $1,055,900.00. Following the completion of the transaction, the chief executive officer now directly owns 369,905 shares of the company’s stock, valued at approximately $39,058,268.95. The trade was a 2.63 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Steven E. Cunningham sold 25,733 shares of Enova International stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $116.50, for a total transaction of $2,997,894.50. Following the completion of the transaction, the chief financial officer now directly owns 155,855 shares of the company’s stock, valued at $18,157,107.50. This trade represents a 14.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 36,188 shares of company stock valued at $4,106,843 over the last quarter. Corporate insiders own 7.80% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ENVA. Farther Finance Advisors LLC raised its holdings in Enova International by 672.9% in the fourth quarter. Farther Finance Advisors LLC now owns 371 shares of the credit services provider’s stock worth $36,000 after buying an additional 323 shares during the last quarter. Sterling Capital Management LLC raised its holdings in Enova International by 823.0% in the fourth quarter. Sterling Capital Management LLC now owns 803 shares of the credit services provider’s stock worth $77,000 after buying an additional 716 shares during the last quarter. Longboard Asset Management LP purchased a new position in Enova International in the fourth quarter worth about $202,000. Crossmark Global Holdings Inc. purchased a new position in Enova International in the fourth quarter worth about $206,000. Finally, Cibc World Markets Corp purchased a new position in Enova International in the fourth quarter worth about $229,000. 89.43% of the stock is owned by hedge funds and other institutional investors.

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.