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

Shares of Enova International, Inc. (NYSE:ENVA) have been assigned an average rating of “Moderate Buy” from the eight research firms that are presently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $110.14.

Several equities research analysts recently issued reports on ENVA shares. 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 research report on Thursday, February 6th. JMP Securities lifted 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. BTIG Research lifted their price target on shares of Enova International from $122.00 to $129.00 and gave the company a “buy” rating in a research report on Wednesday, February 5th. Finally, Stephens lifted their price target on shares of Enova International from $115.00 to $136.00 and gave the company an “overweight” rating in a research report on Wednesday, February 5th.

Insider Activity at Enova International

In related news, CAO James Joseph Lee sold 455 shares of Enova International stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $116.59, for a total value of $53,048.45. Following the completion of the transaction, the chief accounting officer now owns 21,688 shares in the company, valued at approximately $2,528,603.92. The trade was a 2.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Steven E. Cunningham sold 25,733 shares of Enova International stock in a transaction that occurred on Friday, February 7th. The shares were 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 owns 155,855 shares of the company’s stock, valued at $18,157,107.50. This trade represents a 14.17 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 7.80% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Tieton Capital Management LLC lifted its stake in Enova International by 0.7% in the fourth quarter. Tieton Capital Management LLC now owns 132,760 shares of the credit services provider’s stock worth $12,729,000 after acquiring an additional 900 shares during the last quarter. Foundry Partners LLC lifted its stake in Enova International by 1.1% in the third quarter. Foundry Partners LLC now owns 122,756 shares of the credit services provider’s stock worth $10,286,000 after acquiring an additional 1,328 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in Enova International by 42.7% in the fourth quarter. BNP Paribas Financial Markets now owns 82,872 shares of the credit services provider’s stock worth $7,946,000 after acquiring an additional 24,806 shares during the last quarter. Lazard Asset Management LLC lifted its stake in Enova International by 32.2% in the fourth quarter. Lazard Asset Management LLC now owns 28,934 shares of the credit services provider’s stock worth $2,773,000 after acquiring an additional 7,043 shares during the last quarter. Finally, MetLife Investment Management LLC lifted its stake in Enova International by 7.8% in the fourth quarter. MetLife Investment Management LLC now owns 15,470 shares of the credit services provider’s stock worth $1,483,000 after acquiring an additional 1,120 shares during the last quarter. Hedge funds and other institutional investors own 89.43% of the company’s stock.

Enova International Price Performance

Enova International stock opened at $93.24 on Friday. Enova International has a 12-month low of $57.46 and a 12-month high of $117.56. The stock has a market cap of $2.40 billion, a P/E ratio of 12.53 and a beta of 1.50. The company has a 50-day moving average price of $105.37 and a 200 day moving average price of $95.94. 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 (NYSE:ENVA) last released its quarterly earnings data on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.08. Enova International had a net margin of 7.88% and a return on equity of 19.94%. Sell-side analysts anticipate that Enova International will post 10.31 earnings per share for the current 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.