Citizens Jmp Forecasts Strong Price Appreciation for Enova International (NYSE:ENVA) Stock

Enova International (NYSE:ENVA) had its price objective raised by research analysts at Citizens Jmp from $182.00 to $195.00 in a report issued on Friday,Benzinga reports. The brokerage currently has a “market outperform” rating on the credit services provider’s stock. Citizens Jmp’s price objective would suggest a potential upside of 14.87% from the stock’s current price.

Other analysts also recently issued reports about the company. Maxim Group set a $191.00 price objective on Enova International in a research report on Thursday, January 29th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Enova International in a research report on Tuesday. Zacks Research raised Enova International from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 30th. Wall Street Zen downgraded Enova International from a “strong-buy” rating to a “buy” rating in a research report on Sunday, March 15th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Enova International in a research report on Friday. One analyst has rated the stock with a Strong Buy rating and six have assigned a Buy rating to the company. According to data from MarketBeat, Enova International has a consensus rating of “Buy” and a consensus price target of $195.00.

Enova International Trading Up 0.2%

Shares of NYSE:ENVA traded up $0.34 during midday trading on Friday, reaching $169.76. 131,469 shares of the company’s stock were exchanged, compared to its average volume of 285,959. The firm’s 50 day simple moving average is $143.60 and its two-hundred day simple moving average is $141.69. The company has a debt-to-equity ratio of 3.37, a current ratio of 9.48 and a quick ratio of 9.48. The stock has a market cap of $4.23 billion, a price-to-earnings ratio of 14.80 and a beta of 1.20. Enova International has a fifty-two week low of $89.00 and a fifty-two week high of $176.68.

Enova International (NYSE:ENVA) last issued its quarterly earnings data on Thursday, April 23rd. The credit services provider reported $3.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.66 by $0.21. The firm had revenue of $875.14 million during the quarter, compared to the consensus estimate of $854.52 million. Enova International had a return on equity of 25.31% and a net margin of 9.78%.The company’s quarterly revenue was up 17.4% on a year-over-year basis. During the same period last year, the company earned $2.98 EPS. As a group, sell-side analysts forecast that Enova International will post 14.7 EPS for the current fiscal year.

Insider Buying and Selling

In other Enova International news, Director Mark Tebbe sold 20,000 shares of Enova International stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $172.24, for a total value of $3,444,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Steven E. Cunningham sold 11,436 shares of Enova International stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $165.13, for a total value of $1,888,426.68. Following the completion of the transaction, the chief executive officer directly owned 127,719 shares of the company’s stock, valued at approximately $21,090,238.47. This represents a 8.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 119,019 shares of company stock worth $19,748,101 over the last 90 days. 8.40% of the stock is owned by insiders.

Hedge Funds Weigh In On Enova International

Several hedge funds and other institutional investors have recently made changes to their positions in ENVA. SG Americas Securities LLC boosted its stake in shares of Enova International by 2,933.1% in the 4th quarter. SG Americas Securities LLC now owns 138,975 shares of the credit services provider’s stock valued at $21,847,000 after buying an additional 134,393 shares during the period. Informed Momentum Co LLC purchased a new position in shares of Enova International in the 4th quarter valued at about $6,243,000. Marshall Wace LLP purchased a new position in shares of Enova International in the 4th quarter valued at about $4,412,000. Geode Capital Management LLC boosted its stake in shares of Enova International by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock valued at $96,095,000 after buying an additional 18,258 shares during the period. Finally, Harbor Capital Advisors Inc. boosted its stake in shares of Enova International by 8,356.1% in 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 during the period. Hedge funds and other institutional investors own 89.43% of the company’s stock.

Enova International News Roundup

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

• Positive Sentiment: Q1 results beat estimates — Adjusted EPS $3.87 topped the consensus $3.66 and revenue of $875.1M beat estimates; revenue rose ~17% year-over-year, supporting earnings momentum. MarketBeat Q1 Results
• Positive Sentiment: Operational strength — Originations grew ~33%, net charge-off ratio improved to 7.6%, net revenue margin ~60%, and liquidity (cash, securities, facility capacity) stood at ~$1.1B, reducing near-term funding risk. PR Newswire Q1 Release
• Positive Sentiment: Analyst support — BTIG reaffirmed a “buy” rating and set a $199 price target (~16% upside vs. recent levels), which can attract buyers and validate the quarter’s outlook. Benzinga Analyst Note
• Neutral Sentiment: Detailed disclosures available — Management’s Q1 presentation and full earnings-call transcript are posted; these will be important for investors seeking color on margin drivers, credit assumptions and guidance. Earnings Call Transcript Slide Deck
• Neutral Sentiment: Margin recognition — ENVA was highlighted in a Zacks article for solid net profit margins, reinforcing investor focus on profitability metrics. Zacks Margin Callout
• Negative Sentiment: Leverage and sensitivity — The company’s debt-to-equity is elevated (~3.37); that leverage could amplify risks if credit conditions or funding costs deteriorate, tempering some upside for risk-averse investors.

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.