Brokerages Set Enova International, Inc. (NYSE:ENVA) PT at $188.00

Enova International, Inc. (NYSE:ENVA) has received a consensus rating of “Buy” from the six analysts that are presently covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $188.00.

Several analysts have recently commented on ENVA shares. Maxim Group set a $191.00 target price on Enova International in a report on Thursday, January 29th. TD Cowen reiterated a “buy” rating on shares of Enova International in a research report on Thursday, January 8th. Citizens Jmp increased their price objective on shares of Enova International from $180.00 to $182.00 and gave the stock a “market outperform” rating in a report on Wednesday, January 28th. Wall Street Zen cut shares of Enova International from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 15th. Finally, Citigroup reaffirmed an “outperform” rating on shares of Enova International in a research note on Wednesday, January 28th.

Insiders Place Their Bets

In other Enova International news, CEO Steven E. Cunningham sold 11,436 shares of the company’s stock in a transaction on Friday, January 30th. The stock was 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 of the company’s stock, valued at approximately $21,090,238.47. This represents a 8.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James A. Gray sold 19,999 shares of the stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $172.04, for a total value of $3,440,627.96. The SEC filing for this sale provides additional information. Insiders have sold a total of 119,019 shares of company stock valued at $19,748,101 over the last quarter. Company insiders own 8.40% of the company’s stock.

Institutional Investors Weigh In On Enova International

A number of institutional investors and hedge funds have recently made changes to their positions in ENVA. Pacer Advisors Inc. bought a new position in Enova International in the third quarter valued at about $28,000. Bessemer Group Inc. increased its position in Enova International by 174.2% in the third quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock worth $30,000 after purchasing an additional 162 shares during the period. FNY Investment Advisers LLC bought a new stake in Enova International during the 4th quarter worth about $31,000. Strs Ohio acquired a new position in Enova International during the 3rd quarter valued at about $35,000. Finally, Farther Finance Advisors LLC lifted its position in Enova International by 26.9% during the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock valued at $47,000 after purchasing an additional 64 shares during the period. Institutional investors own 89.43% of the company’s stock.

Enova International Stock Down 0.4%

NYSE ENVA opened at $136.86 on Friday. The firm has a market cap of $3.42 billion, a PE ratio of 11.82 and a beta of 1.24. Enova International has a one year low of $79.41 and a one year high of $176.68. The stock’s 50 day simple moving average is $148.13 and its 200 day simple moving average is $137.74. The company has a debt-to-equity ratio of 3.37, a current ratio of 9.48 and a quick ratio of 9.48.

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

Enova International Company Profile

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.