Enova International, Inc. (NYSE:ENVA) Receives $111.00 Consensus Price Target from Analysts

Shares of Enova International, Inc. (NYSE:ENVA) have been given a consensus recommendation of “Buy” by the seven research firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $111.00.

ENVA has been the subject of several analyst reports. JMP Securities reissued a “market outperform” rating and issued a $135.00 price objective on shares of Enova International in a report on Wednesday, April 30th. Seaport Res Ptn raised Enova International to a “strong-buy” rating in a report on Wednesday, May 14th.

Insider Transactions at Enova International

In related news, CEO David Fisher sold 5,000 shares of the company’s stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $115.23, for a total value of $576,150.00. Following the completion of the transaction, the chief executive officer owned 348,223 shares of the company’s stock, valued at approximately $40,125,736.29. This represents a 1.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, General Counsel Sean Rahilly sold 9,046 shares of the company’s stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $95.05, for a total value of $859,822.30. Following the completion of the transaction, the general counsel directly owned 103,842 shares of the company’s stock, valued at $9,870,182.10. The trade was a 8.01% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 16,046 shares of company stock valued at $1,632,812 in the last ninety days. 8.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Enova International

A number of large investors have recently bought and sold shares of ENVA. J.Safra Asset Management Corp raised its holdings in shares of Enova International by 6.5% during the first quarter. J.Safra Asset Management Corp now owns 3,784 shares of the credit services provider’s stock valued at $365,000 after acquiring an additional 232 shares during the last quarter. Rowlandmiller & PARTNERS.ADV raised its holdings in shares of Enova International by 1.3% during the first quarter. Rowlandmiller & PARTNERS.ADV now owns 22,062 shares of the credit services provider’s stock valued at $2,130,000 after acquiring an additional 290 shares during the last quarter. Financial Management Professionals Inc. acquired a new position in shares of Enova International during the first quarter valued at approximately $28,000. Versant Capital Management Inc raised its holdings in shares of Enova International by 521.3% during the first quarter. Versant Capital Management Inc now owns 466 shares of the credit services provider’s stock valued at $45,000 after acquiring an additional 391 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of Enova International during the first quarter valued at approximately $56,000. Institutional investors and hedge funds own 89.43% of the company’s stock.

Enova International Stock Performance

Shares of ENVA opened at $104.57 on Monday. The stock has a 50-day moving average of $104.11 and a two-hundred day moving average of $101.22. Enova International has a one year low of $72.43 and a one year high of $119.06. The company has a debt-to-equity ratio of 3.23, a quick ratio of 18.55 and a current ratio of 18.15. The stock has a market cap of $2.62 billion, a P/E ratio of 11.10 and a beta of 1.48.

Enova International (NYSE:ENVA) last issued its quarterly earnings data on Thursday, July 24th. The credit services provider reported $3.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.00 by $0.23. The business had revenue of $764.04 million during the quarter, compared to analysts’ expectations of $756.69 million. Enova International had a return on equity of 23.33% and a net margin of 8.75%. The company’s revenue for the quarter was up 21.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.21 EPS. As a group, research analysts predict that Enova International will post 10.31 EPS for the current 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.