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

Shares of Enova International, Inc. (NYSE:ENVA) have been given an average rating of “Moderate Buy” by the eight ratings firms that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $110.14.

ENVA has been the subject of several research analyst reports. Stephens boosted their price objective on Enova International from $115.00 to $136.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 5th. JMP Securities increased their price objective on 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 raised 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. Finally, Maxim Group upped their target price on shares of Enova International from $108.00 to $138.00 and gave the company a “buy” rating in a research note on Thursday, February 6th.

Enova International Price Performance

Shares of Enova International stock opened at $101.88 on Tuesday. The company has a current ratio of 9.52, a quick ratio of 15.82 and a debt-to-equity ratio of 2.98. The firm has a fifty day simple moving average of $104.30 and a 200-day simple moving average of $96.95. The stock has a market capitalization of $2.63 billion, a price-to-earnings ratio of 13.69 and a beta of 1.43. Enova International has a 1-year low of $57.46 and a 1-year high of $117.56.

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 7.88% and a return on equity of 19.94%. On average, sell-side analysts expect that Enova International will post 10.31 earnings per share for the current year.

Insiders Place Their Bets

In other news, CFO Steven E. Cunningham sold 25,733 shares of Enova International stock in a transaction dated 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 sale, the chief financial officer now directly 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 sale, the chief accounting officer now directly owns 21,688 shares in the company, valued at $2,528,603.92. The trade was a 2.05 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 7.80% of the company’s stock.

Institutional Investors Weigh In On Enova International

Institutional investors and hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its holdings in Enova International by 42.7% during the 4th quarter. BNP Paribas Financial Markets now owns 82,872 shares of the credit services provider’s stock valued at $7,946,000 after purchasing an additional 24,806 shares during the last quarter. Lazard Asset Management LLC increased its position in 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 valued at $2,773,000 after acquiring an additional 7,043 shares in the last quarter. KLP Kapitalforvaltning AS bought a new position in shares of Enova International in the fourth quarter worth about $547,000. New Age Alpha Advisors LLC acquired a new position in shares of Enova International during the fourth quarter worth approximately $371,000. Finally, J.Safra Asset Management Corp lifted its holdings in Enova International by 205.4% during the 4th quarter. J.Safra Asset Management Corp now owns 3,552 shares of the credit services provider’s stock worth $344,000 after buying an additional 2,389 shares in the last quarter. Institutional investors and hedge funds own 89.43% of the company’s stock.

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.