Analysts Set Enova International, Inc. (NYSE:ENVA) Target Price at $91.14

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

ENVA has been the topic of a number of recent analyst reports. TD Cowen boosted their price objective on shares of Enova International from $85.00 to $96.00 and gave the stock a “hold” rating in a report on Wednesday, October 23rd. BTIG Research increased their price target on Enova International from $122.00 to $129.00 and gave the company a “buy” rating in a report on Wednesday, February 5th. Stephens raised their price objective on Enova International from $115.00 to $136.00 and gave the company an “overweight” rating in a research note on Wednesday, February 5th. Maxim Group upped their target price on Enova International from $108.00 to $138.00 and gave the company a “buy” rating in a research report on Thursday. Finally, StockNews.com raised shares of Enova International from a “hold” rating to a “buy” rating in a research report on Monday, October 21st.

Enova International Price Performance

ENVA stock opened at $114.91 on Monday. The firm has a market cap of $3.01 billion, a P/E ratio of 15.45 and a beta of 1.50. 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 1 year low of $53.80 and a 1 year high of $117.56. The stock has a 50-day simple moving average of $103.88 and a 200-day simple moving average of $92.71.

Enova International (NYSE:ENVA) last posted its quarterly earnings data on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share (EPS) for the quarter, beating 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, equities analysts predict that Enova International will post 9.77 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO David Fisher sold 10,000 shares of the stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $105.59, for a total transaction of $1,055,900.00. Following the sale, the chief executive officer now directly owns 369,905 shares in the company, 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 can be accessed through the SEC website. Company 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 stock. J.Safra Asset Management Corp boosted its holdings in shares of Enova International by 205.4% during the fourth quarter. J.Safra Asset Management Corp now owns 3,552 shares of the credit services provider’s stock valued at $344,000 after acquiring an additional 2,389 shares during the period. Longboard Asset Management LP acquired a new position in Enova International during the 4th quarter valued at about $202,000. Crossmark Global Holdings Inc. acquired a new position in Enova International during the 4th quarter valued at about $206,000. BNP Paribas Financial Markets grew its position in Enova International by 28.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 58,066 shares of the credit services provider’s stock worth $4,865,000 after purchasing an additional 12,928 shares during the last quarter. Finally, Quantbot Technologies LP increased its stake in shares of Enova International by 10.2% in the third quarter. Quantbot Technologies LP now owns 14,182 shares of the credit services provider’s stock valued at $1,188,000 after purchasing an additional 1,311 shares during the period. 89.43% of the stock is owned by institutional investors and hedge funds.

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.