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

Enova International, Inc. (NYSE:ENVA) has earned an average rating of “Moderate Buy” from the eight brokerages that are covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $110.14.

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

Enova International Stock Down 0.7 %

ENVA opened at $101.79 on Friday. 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 1-year low of $57.46 and a 1-year high of $117.56. The company has a market capitalization of $2.63 billion, a PE ratio of 13.68 and a beta of 1.50. The firm’s 50 day simple moving average is $105.40 and its two-hundred day simple moving average is $95.33.

Enova International (NYSE:ENVA) last released its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share 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%. As a group, equities analysts forecast that Enova International will post 10.31 EPS for the current year.

Insider Activity at Enova International

In other Enova International news, CAO James Joseph Lee sold 455 shares of Enova International stock in a transaction 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 directly owns 21,688 shares of the company’s stock, valued at $2,528,603.92. This trade represents a 2.05 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO David Fisher sold 10,000 shares of Enova International stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $105.59, for a total transaction 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 $39,058,268.95. The trade was a 2.63 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 36,188 shares of company stock valued at $4,106,843. Corporate insiders own 7.80% of the company’s stock.

Hedge Funds Weigh In On Enova International

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Lazard Asset Management LLC grew its stake in shares of Enova International by 32.2% in the 4th quarter. Lazard Asset Management LLC now owns 28,934 shares of the credit services provider’s stock worth $2,773,000 after buying an additional 7,043 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Enova International by 42.7% in the 4th quarter. BNP Paribas Financial Markets now owns 82,872 shares of the credit services provider’s stock worth $7,946,000 after buying an additional 24,806 shares in the last quarter. MetLife Investment Management LLC lifted its holdings 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 worth $1,483,000 after acquiring an additional 1,120 shares during the last quarter. Sterling Capital Management LLC lifted its holdings 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 acquiring an additional 716 shares during the last quarter. Finally, New Age Alpha Advisors LLC bought a new stake in shares of Enova International in the 4th quarter worth about $371,000. 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.