Brokerages Set Enova International, Inc. (NYSE:ENVA) Target Price at $110.14

Enova International, Inc. (NYSE:ENVA) has been assigned an average rating of “Moderate Buy” from the eight ratings firms that are presently covering the company, MarketBeat reports. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $110.14.

Several equities analysts have recently weighed in on the stock. Maxim Group lifted their target price on shares of Enova International from $108.00 to $138.00 and gave the company a “buy” rating in a report on Thursday, February 6th. JMP Securities lifted their price objective on shares of Enova International from $125.00 to $135.00 and gave the company a “market outperform” rating in a report on Wednesday, February 5th. BTIG Research upped their price objective on shares of Enova International from $122.00 to $129.00 and gave the stock a “buy” rating in a research report on Wednesday, February 5th. Finally, Stephens raised their target price on Enova International from $115.00 to $136.00 and gave the company an “overweight” rating in a research report on Wednesday, February 5th.

Insider Activity

In other news, CEO David Fisher sold 5,000 shares of the firm’s stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of $101.75, for a total value of $508,750.00. Following the transaction, the chief executive officer now directly owns 348,223 shares of the company’s stock, valued at approximately $35,431,690.25. This trade represents a 1.42 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Steven E. Cunningham sold 25,733 shares of the company’s 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 of the company’s stock, valued at approximately $18,157,107.50. This represents a 14.17 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 31,188 shares of company stock worth $3,559,693 over the last 90 days. 7.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Farther Finance Advisors LLC increased its holdings in shares of Enova International by 672.9% in the fourth quarter. Farther Finance Advisors LLC now owns 371 shares of the credit services provider’s stock valued at $36,000 after purchasing an additional 323 shares during the last quarter. Sterling Capital Management LLC increased its stake 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. Longboard Asset Management LP purchased a new position in shares of Enova International during the 4th quarter worth $202,000. Crossmark Global Holdings Inc. acquired a new position in shares of Enova International during the 4th quarter valued at about $206,000. Finally, Cibc World Markets Corp purchased a new stake in shares of Enova International in the fourth quarter valued at about $229,000. 89.43% of the stock is currently owned by institutional investors and hedge funds.

Enova International Price Performance

Shares of ENVA opened at $99.36 on Tuesday. The company has a market capitalization of $2.56 billion, a P/E ratio of 13.36 and a beta of 1.43. The business’s 50-day moving average is $104.07 and its two-hundred day moving average is $97.16. The company has a debt-to-equity ratio of 2.98, a quick ratio of 15.82 and a current ratio of 9.52. Enova International has a fifty-two week low of $57.46 and a fifty-two week high of $117.56.

Enova International (NYSE:ENVA) last posted its earnings results on Tuesday, February 4th. The credit services provider reported $2.37 EPS for the quarter, topping the consensus estimate of $2.29 by $0.08. Enova International had a return on equity of 19.94% and a net margin of 7.88%. Research analysts predict that Enova International will post 10.31 earnings per share 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.