Enova International, Inc. (NYSE:ENVA) has received an average rating of “Buy” from the eight analysts that are currently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $16.67.

A number of equities research analysts have weighed in on the company. Maxim Group reaffirmed a “buy” rating and set a $18.00 price objective on shares of Enova International in a report on Tuesday, October 17th. Jefferies Group reaffirmed a “buy” rating and set a $17.00 price objective on shares of Enova International in a report on Thursday, October 12th. BidaskClub raised Enova International from a “sell” rating to a “hold” rating in a report on Wednesday, October 11th. TheStreet raised Enova International from a “d+” rating to a “c” rating in a report on Monday, October 30th. Finally, Zacks Investment Research raised Enova International from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 31st.

Enova International (NYSE ENVA) traded down $0.05 during midday trading on Monday, reaching $14.80. The company’s stock had a trading volume of 201,448 shares, compared to its average volume of 176,574. The company has a quick ratio of 8.14, a current ratio of 8.14 and a debt-to-equity ratio of 2.79. The firm has a market capitalization of $496.95, a P/E ratio of 13.03 and a beta of 3.46. Enova International has a 12 month low of $11.15 and a 12 month high of $16.80.

Enova International (NYSE:ENVA) last released its quarterly earnings data on Thursday, October 26th. The credit services provider reported $0.25 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.09. The company had revenue of $217.88 million for the quarter, compared to the consensus estimate of $210.27 million. Enova International had a return on equity of 14.85% and a net margin of 3.87%. The company’s quarterly revenue was up 11.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.28 earnings per share. equities analysts expect that Enova International will post 1.11 EPS for the current year.

Enova International declared that its Board of Directors has approved a stock repurchase program on Friday, September 15th that allows the company to repurchase $25.00 million in outstanding shares. This repurchase authorization allows the credit services provider to repurchase up to 63% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

In other Enova International news, Director Mark Mcgowan bought 30,000 shares of Enova International stock in a transaction dated Wednesday, November 8th. The shares were acquired at an average cost of $13.97 per share, with a total value of $419,100.00. Following the acquisition, the director now directly owns 22,689 shares of the company’s stock, valued at $316,965.33. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 1.60% of the stock is owned by insiders.

Institutional investors and hedge funds have recently made changes to their positions in the company. CNA Financial Corp boosted its holdings in shares of Enova International by 31.4% in the 3rd quarter. CNA Financial Corp now owns 34,457 shares of the credit services provider’s stock worth $463,000 after acquiring an additional 8,232 shares in the last quarter. Tieton Capital Management LLC acquired a new position in shares of Enova International in the 2nd quarter worth approximately $5,056,000. Affinity Investment Advisors LLC boosted its holdings in shares of Enova International by 0.7% in the 2nd quarter. Affinity Investment Advisors LLC now owns 15,279 shares of the credit services provider’s stock worth $227,000 after acquiring an additional 104 shares in the last quarter. Nomura Holdings Inc. boosted its holdings in shares of Enova International by 21.6% in the 2nd quarter. Nomura Holdings Inc. now owns 191,176 shares of the credit services provider’s stock worth $2,836,000 after acquiring an additional 33,989 shares in the last quarter. Finally, Dupont Capital Management Corp acquired a new position in shares of Enova International in the 3rd quarter worth approximately $1,090,000. 97.73% of the stock is currently owned by institutional investors and hedge funds.

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Enova International Company Profile

Enova International, Inc is a technology and analytics company. The Company provides online financial services. As of December 31, 2016, the Company offered or arranged loans to consumers in 33 states in the United States and in the United Kingdom and Brazil. As of December 31, 2016, it also offered financing to small businesses in all 50 states and Washington DC in the United States.

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