Enova International (NYSE:ENVA) Sets New 52-Week High on Analyst Upgrade

Enova International, Inc. (NYSE:ENVA) hit a new 52-week high during trading on Monday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock traded as high as $170.45 and last traded at $170.3780, with a volume of 205070 shares. The stock had previously closed at $165.17.

Several other equities analysts also recently weighed in on the company. Wall Street Zen downgraded Enova International from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 22nd. BTIG Research restated a “buy” rating and set a $199.00 price objective on shares of Enova International in a research note on Wednesday, January 28th. JMP Securities upped their target price on shares of Enova International from $135.00 to $149.00 and gave the stock a “market outperform” rating in a research note on Friday, October 24th. TD Cowen reiterated a “buy” rating on shares of Enova International in a report on Thursday, January 8th. Finally, Maxim Group set a $191.00 price objective on shares of Enova International in a report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $172.83.

Insider Activity

In other news, General Counsel Sean Rahilly sold 12,879 shares of Enova International stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $164.28, for a total value of $2,115,762.12. Following the completion of the sale, the general counsel directly owned 100,877 shares in the company, valued at $16,572,073.56. The trade was a 11.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Steven E. Cunningham sold 11,436 shares of the stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $165.13, for a total transaction of $1,888,426.68. Following the transaction, the chief executive officer owned 127,719 shares in the company, valued at approximately $21,090,238.47. This trade represents a 8.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 132,876 shares of company stock worth $21,829,393. 8.40% of the stock is owned by corporate insiders.

Key Stories Impacting Enova International

Here are the key news stories impacting Enova International this week:

• Positive Sentiment: Quarterly beat: Enova reported $3.46 EPS vs. $3.17 expected and roughly $1.34B revenue (revenue up ~15% YoY), a clear fundamental positive underpinning valuation. MarketBeat Earnings
• Positive Sentiment: $400M buyback program: The board authorized repurchases up to $400M (about 12.5% of shares), which supports EPS and signals management confidence.
• Positive Sentiment: Momentum / analyst interest: Coverage notes ENVA hit a 52-week high and appears on momentum and cash-flow improvement lists, supporting further investor interest. Zacks Momentum
• Neutral Sentiment: Valuation discussion: Recent coverage reassesses ENVA after the strong quarter; analysts’ consensus remains a Buy with a mean target near $172.83 — useful context but not an immediate catalyst. Yahoo Valuation
• Neutral Sentiment: Institutional flows: Several funds have recently added or trimmed positions; ~89% of shares are institutionally owned — limits volatility from retail but means moves can be amplifier by large holders. MarketBeat Institutional Summary
• Negative Sentiment: Chairman sale: David Fisher sold 37,989 shares (~$6.28M at ~$165.31 avg) on Jan. 30 — a large insider sale that can create short-term downward pressure. Chairman SEC Filing
• Negative Sentiment: CEO sale: CEO Steven Cunningham sold 11,436 shares (~$1.89M at ~$165.13 avg), reducing his stake ~8.2% — CEO-level selling tends to attract investor scrutiny. CEO SEC Filing
• Negative Sentiment: Other insider sales: General Counsel Sean Rahilly (12,879 shares) and directors Mark Tebbe (20,000 shares) and James A. Gray (19,999 shares) also sold recently — multiple insiders selling in a short window can amplify negative sentiment. GC SEC Filing Tebbe SEC Filing Gray SEC Filing

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Arkadios Wealth Advisors increased its position in Enova International by 61.3% in the third quarter. Arkadios Wealth Advisors now owns 31,362 shares of the credit services provider’s stock worth $3,609,000 after buying an additional 11,915 shares in the last quarter. Harbor Capital Advisors Inc. lifted its position in shares of Enova International by 8,356.1% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 16,574 shares of the credit services provider’s stock valued at $1,908,000 after buying an additional 16,378 shares in the last quarter. Loomis Sayles & Co. L P bought a new position in shares of Enova International during the 2nd quarter valued at approximately $11,152,000. New York State Common Retirement Fund increased its holdings in Enova International by 51.9% in the 2nd quarter. New York State Common Retirement Fund now owns 32,719 shares of the credit services provider’s stock worth $3,649,000 after acquiring an additional 11,180 shares in the last quarter. Finally, CSM Advisors LLC purchased a new stake in Enova International in the 2nd quarter worth approximately $5,974,000. 89.43% of the stock is currently owned by institutional investors.

Enova International Stock Performance

The company has a current ratio of 9.48, a quick ratio of 19.29 and a debt-to-equity ratio of 3.37. The company has a market cap of $4.37 billion, a P/E ratio of 13.43 and a beta of 1.25. The business’s 50 day simple moving average is $155.52 and its 200 day simple moving average is $129.83.

Enova International (NYSE:ENVA) last posted its quarterly earnings results on Tuesday, January 27th. The credit services provider reported $3.46 earnings per share for the quarter, topping analysts’ consensus estimates of $3.17 by $0.29. The business had revenue of $1.34 billion during the quarter, compared to analyst estimates of $838.59 million. Enova International had a net margin of 9.78% and a return on equity of 25.31%. The company’s revenue was up 15.0% on a year-over-year basis. During the same period in the prior year, the business posted $2.61 earnings per share. Sell-side analysts predict that Enova International, Inc. will post 10.31 earnings per share for the current fiscal year.

Enova International announced that its Board of Directors has initiated a share buyback program on Wednesday, November 12th that allows the company to repurchase $400.00 million in shares. This repurchase authorization allows the credit services provider to buy up to 12.5% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its stock is undervalued.

About Enova International

Enova International, Inc (NYSE: ENVA) is a Chicago-based financial services company specializing in online lending solutions. Since its founding in 2004, Enova has leveraged proprietary data analytics and technology platforms to underwrite and deliver short-term consumer loans, lines of credit and installment loans. Through its flagship consumer brand NetCredit, Enova provides flexible credit options designed to serve a wide range of borrowers, including those with limited or non-traditional credit histories.

In addition to its U.S.