By otakuyassine3@gmail.com 
Enova International, Inc. (NYSE:ENVA – Get Free Report) has been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are covering the stock, MarketBeat reports. Three investment analysts have rated the stock with a hold recommendation and five have given 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.
A number of equities analysts have issued reports on the stock. BTIG Research boosted their price objective on shares of Enova International from $122.00 to $129.00 and gave the company a “buy” rating in a research report on Wednesday, February 5th. Maxim Group upped their price target on Enova International from $108.00 to $138.00 and gave the company a “buy” rating in a research report on Thursday, February 6th. JMP Securities lifted their price objective on Enova International from $125.00 to $135.00 and gave the stock a “market outperform” rating in a research report on Wednesday, February 5th. Finally, Stephens boosted their target price on Enova International from $115.00 to $136.00 and gave the company an “overweight” rating in a research note on Wednesday, February 5th.
View Our Latest Stock Analysis on ENVA
Enova International Price Performance
ENVA opened at $96.04 on Tuesday. The company has a debt-to-equity ratio of 2.98, a current ratio of 9.52 and a quick ratio of 15.82. The stock’s 50 day simple moving average is $103.84 and its 200 day simple moving average is $97.45. The firm has a market cap of $2.48 billion, a price-to-earnings ratio of 12.91 and a beta of 1.43. Enova International has a 1 year low of $57.46 and a 1 year high of $117.56.
Enova International (NYSE:ENVA – Get Free Report) last issued its earnings results on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.29 by $0.08. Enova International had a net margin of 7.88% and a return on equity of 19.94%. As a group, analysts predict that Enova International will post 10.31 earnings per share for the current year.
Insiders Place Their Bets
In related news, CEO David Fisher sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $101.75, for a total transaction of $508,750.00. Following the completion of the transaction, the chief executive officer now owns 348,223 shares of the company’s stock, valued at $35,431,690.25. This trade represents a 1.42 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Steven E. Cunningham sold 25,733 shares of the business’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $116.50, for a total value of $2,997,894.50. Following the completion of the sale, the chief financial officer now directly owns 155,855 shares in the company, valued at $18,157,107.50. This trade represents a 14.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 31,188 shares of company stock worth $3,559,693. 7.80% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Enova International
Several large investors have recently modified their holdings of the stock. Farther Finance Advisors LLC increased its stake in Enova International by 672.9% during the 4th 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 in the last quarter. Sterling Capital Management LLC increased its position in shares of Enova International by 823.0% during the fourth quarter. Sterling Capital Management LLC now owns 803 shares of the credit services provider’s stock valued at $77,000 after acquiring an additional 716 shares in the last quarter. Longboard Asset Management LP purchased a new position in Enova International in the 4th quarter worth approximately $202,000. Crossmark Global Holdings Inc. bought a new position in Enova International in the 4th quarter valued at approximately $206,000. Finally, Cibc World Markets Corp purchased a new stake in Enova International during the 4th quarter valued at $229,000. Hedge funds and other institutional investors own 89.43% of the company’s stock.
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.
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