Enova International, Inc. (NYSE:ENVA) Receives $198.80 Consensus Target Price from Brokerages

Enova International, Inc. (NYSE:ENVA) has been given an average rating of “Buy” by the eight research firms that are currently covering the stock, Marketbeat reports. Seven research analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $198.80.

Several brokerages have weighed in on ENVA. Citizens Jmp lifted their price objective on Enova International from $182.00 to $195.00 and gave the company a “market outperform” rating in a report on Friday, April 24th. BTIG Research reaffirmed a “buy” rating and issued a $199.00 price objective on shares of Enova International in a report on Thursday, April 23rd. Maxim Group lifted their price objective on Enova International from $191.00 to $200.00 and gave the company a “buy” rating in a report on Monday, April 27th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Enova International in a report on Tuesday, April 21st. Finally, Wall Street Zen cut Enova International from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 10th.

Insider Transactions at Enova International

In other news, Chairman David Fisher sold 20,000 shares of the business’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $173.18, for a total transaction of $3,463,600.00. Following the completion of the transaction, the chairman owned 306,444 shares of the company’s stock, valued at approximately $53,069,971.92. The trade was a 6.13% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Steven E. Cunningham sold 7,852 shares of the business’s stock in a transaction on Tuesday, April 28th. The stock was sold at an average price of $175.50, for a total value of $1,378,026.00. Following the transaction, the chief executive officer directly owned 122,945 shares of the company’s stock, valued at $21,576,847.50. This trade represents a 6.00% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 50,322 shares of company stock valued at $8,491,326. Corporate insiders own 8.40% of the company’s stock.

Hedge Funds Weigh In On Enova International

Institutional investors have recently modified their holdings of the business. Bessemer Group Inc. raised its holdings in shares of Enova International by 174.2% during the 3rd quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock worth $30,000 after buying an additional 162 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in shares of Enova International during the 4th quarter worth $31,000. McIlrath & Eck LLC acquired a new position in shares of Enova International during the 1st quarter worth $34,000. Strs Ohio acquired a new position in shares of Enova International during the 3rd quarter worth $35,000. Finally, Farther Finance Advisors LLC increased its holdings in Enova International by 26.9% in the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock worth $47,000 after purchasing an additional 64 shares in the last quarter. Institutional investors and hedge funds own 89.43% of the company’s stock.

Enova International Price Performance

Shares of NYSE ENVA opened at $181.23 on Thursday. The stock has a market capitalization of $4.51 billion, a PE ratio of 14.67 and a beta of 1.28. The company has a debt-to-equity ratio of 3.45, a current ratio of 20.42 and a quick ratio of 20.42. The business has a fifty day moving average price of $160.84 and a two-hundred day moving average price of $153.10. Enova International has a fifty-two week low of $92.75 and a fifty-two week high of $182.97.

Enova International (NYSE:ENVA) last announced its quarterly earnings data on Thursday, April 23rd. The credit services provider reported $3.87 earnings per share for the quarter, beating the consensus estimate of $3.66 by $0.21. The firm had revenue of $875.14 million during the quarter, compared to analysts’ expectations of $854.52 million. Enova International had a return on equity of 25.89% and a net margin of 9.95%.The company’s quarterly revenue was up 17.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.98 EPS. As a group, equities analysts predict that Enova International will post 15.37 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.