Enova International Inc. (NYSE:ENVA) Receives $9.55 Consensus PT from Analysts
Shares of Enova International Inc. (NYSE:ENVA) have been given a consensus recommendation of “Hold” by the six ratings firms that are currently covering the stock. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $9.55.
Several research analysts have recently commented on the stock. JMP Securities restated a “buy” rating on shares of Enova International in a research note on Thursday, June 23rd. Jefferies Group assumed coverage on shares of Enova International in a research note on Thursday, September 1st. They set a “buy” rating and a $12.00 price target on the stock. Zacks Investment Research lowered shares of Enova International from a “hold” rating to a “sell” rating in a research note on Wednesday, September 7th. Finally, FBR & Co increased their price target on shares of Enova International from $8.50 to $9.00 and gave the stock a “market perform” rating in a research note on Friday, July 29th.
In other Enova International news, major shareholder Firstcash, Inc sold 26,124 shares of the stock in a transaction on Thursday, October 6th. The shares were sold at an average price of $9.47, for a total value of $247,394.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Cash America International Inc sold 18,597 shares of the stock in a transaction on Thursday, September 1st. The shares were sold at an average price of $9.90, for a total transaction of $184,110.30. Following the completion of the sale, the insider now directly owns 424,912 shares of the company’s stock, valued at $4,206,628.80. The disclosure for this sale can be found here. 1.60% of the stock is currently owned by corporate insiders.
A number of hedge funds have recently modified their holdings of ENVA. Arizona State Retirement System increased its stake in shares of Enova International by 1.5% in the second quarter. Arizona State Retirement System now owns 13,964 shares of the company’s stock worth $103,000 after buying an additional 200 shares during the period. California State Teachers Retirement System increased its stake in shares of Enova International by 0.6% in the second quarter. California State Teachers Retirement System now owns 55,586 shares of the company’s stock worth $409,000 after buying an additional 322 shares during the period. Thrivent Financial for Lutherans increased its stake in shares of Enova International by 1.3% in the second quarter. Thrivent Financial for Lutherans now owns 121,507 shares of the company’s stock worth $894,000 after buying an additional 1,610 shares during the period. Rhumbline Advisers increased its stake in shares of Enova International by 8.2% in the second quarter. Rhumbline Advisers now owns 36,430 shares of the company’s stock worth $268,000 after buying an additional 2,774 shares during the period. Finally, Teachers Advisors Inc. increased its stake in shares of Enova International by 29.4% in the second quarter. Teachers Advisors Inc. now owns 49,107 shares of the company’s stock worth $361,000 after buying an additional 11,147 shares during the period. 63.74% of the stock is owned by hedge funds and other institutional investors.
Shares of Enova International (NYSE:ENVA) opened at 9.33 on Thursday. The stock has a 50 day moving average of $9.48 and a 200-day moving average of $7.96. The firm has a market cap of $309.89 million, a price-to-earnings ratio of 11.65 and a beta of 3.43. Enova International has a 52 week low of $4.64 and a 52 week high of $13.66.
Enova International (NYSE:ENVA) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.25 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.22 by $0.03. The firm had revenue of $172.50 million for the quarter, compared to analyst estimates of $165.80 million. Enova International had a net margin of 3.87% and a return on equity of 12.25%. The company’s revenue for the quarter was up 17.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.33 EPS. Equities research analysts expect that Enova International will post $0.93 earnings per share for the current year.
Enova International Company Profile
Enova International, Inc (Enova) is a provider of online financial services to non-prime consumers and small businesses, providing access to credit powered by its advanced analytics, technology, and online platform and services. Enova has provided over four million customers around the globe access to more than $17 billion in loans and financing.
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