Enova International (NYSE:ENVA) Price Target Raised to $129.00

Enova International (NYSE:ENVA) had its target price hoisted by BTIG Research from $122.00 to $129.00 in a research report report published on Wednesday morning,Benzinga reports. They currently have a buy rating on the credit services provider’s stock.

Other equities analysts also recently issued reports about the stock. Stephens started coverage on shares of Enova International in a report on Wednesday, November 13th. They set an “overweight” rating and a $108.00 price target on the stock. StockNews.com raised shares of Enova International from a “hold” rating to a “buy” rating in a research report on Monday, October 21st. JMP Securities boosted their price objective 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. Finally, TD Cowen boosted their price objective 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. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $110.14.

Enova International Stock Performance

Shares of NYSE:ENVA opened at $114.91 on Wednesday. The company has a market capitalization of $3.01 billion, a price-to-earnings ratio of 18.33 and a beta of 1.49. Enova International has a 12 month low of $53.80 and a 12 month high of $117.56. The firm’s 50-day moving average is $103.70 and its 200 day moving average is $92.30. The company has a current ratio of 15.82, a quick ratio of 15.82 and a debt-to-equity ratio of 2.79.

Enova International (NYSE:ENVA) last issued its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $2.37 EPS for the quarter, beating the consensus estimate of $2.29 by $0.08. Enova International had a net margin of 7.19% and a return on equity of 18.41%. Research analysts predict that Enova International will post 7.98 EPS for the current year.

Insider Transactions at Enova International

In other news, CEO David Fisher sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $105.59, for a total value of $1,055,900.00. Following the completion of the sale, the chief executive officer now owns 369,905 shares of the company’s stock, valued at approximately $39,058,268.95. This represents a 2.63 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 7.80% of the company’s stock.

Institutional Investors Weigh In On Enova International

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. USA Financial Formulas acquired a new stake in Enova International in the third quarter valued at approximately $76,000. GAMMA Investing LLC boosted its stake in Enova International by 24.6% in the third quarter. GAMMA Investing LLC now owns 1,065 shares of the credit services provider’s stock valued at $89,000 after acquiring an additional 210 shares in the last quarter. Longboard Asset Management LP acquired a new stake in Enova International in the fourth quarter valued at approximately $202,000. Crossmark Global Holdings Inc. acquired a new stake in Enova International in the fourth quarter valued at approximately $206,000. Finally, F M Investments LLC acquired a new stake in Enova International in the third quarter valued at approximately $242,000. Hedge funds and other institutional investors 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.