Analysts Set Enova International, Inc. (NYSE:ENVA) PT at $110.14

Enova International, Inc. (NYSE:ENVA) has been given a consensus rating of “Moderate Buy” by the eight ratings firms that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $110.14.

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

Insider Buying and Selling at Enova International

In other news, CFO Steven E. Cunningham sold 25,733 shares of Enova International stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $116.50, for a total value of $2,997,894.50. Following the completion of the transaction, the chief financial officer now owns 155,855 shares in the company, valued at approximately $18,157,107.50. The trade was a 14.17 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO David Fisher sold 5,000 shares of Enova International stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of $101.75, for a total transaction of $508,750.00. Following the transaction, the chief executive officer now directly owns 348,223 shares of the company’s stock, valued at $35,431,690.25. The trade was a 1.42 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 31,188 shares of company stock worth $3,559,693 over the last 90 days. 7.80% of the stock is owned by insiders.

Hedge Funds Weigh In On Enova International

A number of hedge funds have recently added to or reduced their stakes in ENVA. Farther Finance Advisors LLC raised its position in Enova International by 672.9% during the 4th quarter. Farther Finance Advisors LLC now owns 371 shares of the credit services provider’s stock valued at $36,000 after purchasing an additional 323 shares in the last quarter. Sterling Capital Management LLC boosted its position in shares of Enova International by 823.0% in the 4th quarter. Sterling Capital Management LLC now owns 803 shares of the credit services provider’s stock worth $77,000 after purchasing an additional 716 shares in the last quarter. Tieton Capital Management LLC increased its holdings in shares of Enova International by 0.7% during the fourth quarter. Tieton Capital Management LLC now owns 132,760 shares of the credit services provider’s stock valued at $12,729,000 after acquiring an additional 900 shares in the last quarter. MetLife Investment Management LLC increased its position in shares of Enova International by 7.8% in the 4th quarter. MetLife Investment Management LLC now owns 15,470 shares of the credit services provider’s stock valued at $1,483,000 after acquiring an additional 1,120 shares during the period. Finally, Quantbot Technologies LP raised its stake in shares of Enova International by 10.2% in the third quarter. Quantbot Technologies LP now owns 14,182 shares of the credit services provider’s stock worth $1,188,000 after purchasing an additional 1,311 shares during the last quarter. 89.43% of the stock is currently owned by institutional investors.

Enova International Price Performance

ENVA stock opened at $99.36 on Tuesday. The firm has a 50 day moving average of $104.07 and a 200-day moving average of $97.16. The firm has a market capitalization of $2.56 billion, a P/E ratio of 13.36 and a beta of 1.43. The company has a current ratio of 9.52, a quick ratio of 15.82 and a debt-to-equity ratio of 2.98. Enova International has a 12 month low of $57.46 and a 12 month high of $117.56.

Enova International (NYSE:ENVA) last issued its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $2.37 EPS for the quarter, beating 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, sell-side analysts predict that Enova International will post 10.31 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.