Enova International, Inc. (NYSE:ENVA) Receives $67.60 Average Price Target from Brokerages

Shares of Enova International, Inc. (NYSE:ENVA) have been assigned a consensus recommendation of “Moderate Buy” from the five research firms that are covering the company, Marketbeat.com reports. Two analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among analysts that have covered the stock in the last year is $67.60.

ENVA has been the topic of several recent analyst reports. StockNews.com upgraded Enova International from a “hold” rating to a “buy” rating in a research note on Thursday, May 2nd. Jefferies Financial Group boosted their price objective on Enova International from $70.00 to $75.00 and gave the stock a “buy” rating in a research report on Tuesday, April 9th. BMO Capital Markets boosted their price objective on Enova International from $60.00 to $62.00 and gave the stock a “market perform” rating in a research report on Thursday, April 25th. Maxim Group boosted their price objective on Enova International from $70.00 to $78.00 and gave the stock a “buy” rating in a research report on Thursday, April 25th. Finally, TheStreet lowered Enova International from a “b” rating to a “c+” rating in a research report on Tuesday, January 30th.

Insider Buying and Selling at Enova International

In other Enova International news, CFO Steven E. Cunningham sold 17,548 shares of the company’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $56.11, for a total value of $984,618.28. Following the sale, the chief financial officer now owns 150,025 shares in the company, valued at approximately $8,417,902.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Enova International news, CFO Steven E. Cunningham sold 17,548 shares of the company’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $56.11, for a total value of $984,618.28. Following the sale, the chief financial officer now owns 150,025 shares in the company, valued at approximately $8,417,902.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Steven E. Cunningham sold 30,590 shares of the company’s stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $63.00, for a total value of $1,927,170.00. Following the completion of the sale, the chief financial officer now owns 141,713 shares in the company, valued at approximately $8,927,919. The disclosure for this sale can be found here. In the last quarter, insiders have sold 61,528 shares of company stock worth $3,726,727. Insiders own 7.80% of the company’s stock.

Institutional Investors Weigh In On Enova International

Several large investors have recently added to or reduced their stakes in the business. Headinvest LLC acquired a new position in Enova International in the third quarter valued at approximately $28,000. GAMMA Investing LLC bought a new stake in shares of Enova International in the 4th quarter valued at $37,000. New York State Common Retirement Fund lifted its position in shares of Enova International by 3.8% during the 3rd quarter. New York State Common Retirement Fund now owns 59,748 shares of the credit services provider’s stock valued at $3,039,000 after acquiring an additional 2,203 shares during the period. Handelsbanken Fonder AB bought a new position in Enova International during the fourth quarter worth $216,000. Finally, Quantbot Technologies LP grew its holdings in Enova International by 75.1% in the third quarter. Quantbot Technologies LP now owns 10,301 shares of the credit services provider’s stock worth $524,000 after purchasing an additional 4,417 shares during the period. Institutional investors and hedge funds own 89.43% of the company’s stock.

Enova International Trading Up 1.2 %

Shares of ENVA opened at $62.73 on Friday. Enova International has a 52-week low of $35.30 and a 52-week high of $65.00. The business’s fifty day moving average is $61.81 and its 200-day moving average is $54.34. The company has a debt-to-equity ratio of 2.64, a quick ratio of 13.15 and a current ratio of 13.15. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of 11.28 and a beta of 1.52.

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.