Stephens Increases Enova International (NYSE:ENVA) Price Target to $136.00

Enova International (NYSE:ENVA) had its target price upped by Stephens from $115.00 to $136.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage currently has an overweight rating on the credit services provider’s stock.

Several other equities research analysts have also weighed in on ENVA. StockNews.com raised Enova International from a “hold” rating to a “buy” rating in a research report on Monday, October 21st. TD Cowen boosted their price target on shares of Enova International from $85.00 to $96.00 and gave the company a “hold” rating in a research report on Wednesday, October 23rd. BTIG Research lifted their target price on Enova International from $122.00 to $129.00 and gave the stock a “buy” rating in a research report on Wednesday. Finally, JMP Securities upped their target price on Enova International from $125.00 to $135.00 and gave the company a “market outperform” rating in a research report on Wednesday. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Enova International presently has an average rating of “Moderate Buy” and a consensus price target of $101.57.

Enova International Trading Up 1.2 %

NYSE ENVA opened at $114.31 on Wednesday. The company has a debt-to-equity ratio of 2.79, a quick ratio of 15.82 and a current ratio of 15.82. Enova International has a one year low of $53.40 and a one year high of $117.39. The firm has a market cap of $3.00 billion, a price-to-earnings ratio of 18.23 and a beta of 1.49. The firm has a 50 day simple moving average of $103.30 and a 200-day simple moving average of $91.98.

Enova International (NYSE:ENVA) last released its earnings results on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share for the quarter, topping analysts’ consensus estimates of $2.29 by $0.08. Enova International had a net margin of 7.19% and a return on equity of 18.41%. Equities research analysts anticipate that Enova International will post 7.98 EPS for the current fiscal year.

Insider Transactions at Enova International

In related news, CEO David Fisher sold 10,000 shares of the company’s stock in a transaction on Tuesday, December 3rd. The stock was 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 in the company, valued at approximately $39,058,268.95. This represents a 2.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 7.80% of the company’s stock.

Hedge Funds Weigh In On Enova International

Several institutional investors and hedge funds have recently bought and sold shares of ENVA. Foundry Partners LLC increased its position in Enova International by 1.1% during the 3rd quarter. Foundry Partners LLC now owns 122,756 shares of the credit services provider’s stock worth $10,286,000 after purchasing an additional 1,328 shares in the last quarter. BNP Paribas Financial Markets lifted its position in Enova International by 28.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 58,066 shares of the credit services provider’s stock worth $4,865,000 after acquiring an additional 12,928 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt boosted its stake in shares of Enova International by 1.0% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,250 shares of the credit services provider’s stock valued at $1,694,000 after purchasing an additional 200 shares during the period. Quantbot Technologies LP lifted its holdings in Enova International by 10.2% in the 3rd quarter. Quantbot Technologies LP now owns 14,182 shares of the credit services provider’s stock worth $1,188,000 after buying an additional 1,311 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new position in Enova International in the 3rd quarter valued at about $772,000. Institutional investors and hedge funds own 89.43% of the company’s stock.

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.