Enova International (NYSE:ENVA) Reaches New 1-Year High After Analyst Upgrade

Enova International, Inc. (NYSE:ENVA) shares hit a new 52-week high during mid-day trading on Monday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock traded as high as $170.45 and last traded at $170.3780, with a volume of 205070 shares trading hands. The stock had previously closed at $165.17.

ENVA has been the topic of several other reports. Wall Street Zen cut shares of Enova International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 22nd. JMP Securities boosted their price target on Enova International from $135.00 to $149.00 and gave the stock a “market outperform” rating in a research report on Friday, October 24th. Citigroup restated an “outperform” rating on shares of Enova International in a research note on Wednesday, January 28th. BTIG Research reissued a “buy” rating and set a $199.00 target price on shares of Enova International in a report on Wednesday, January 28th. Finally, Citizens Jmp upped their price target on shares of Enova International from $180.00 to $182.00 and gave the company a “market outperform” rating in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating and eight have issued a Buy rating to the company. According to data from MarketBeat, Enova International has an average rating of “Buy” and a consensus price target of $172.83.

Insider Activity

In other Enova International news, CEO Steven E. Cunningham sold 11,436 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $165.13, for a total transaction of $1,888,426.68. Following the sale, the chief executive officer directly owned 127,719 shares of the company’s stock, valued at $21,090,238.47. This represents a 8.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Chairman David Fisher sold 37,989 shares of Enova International stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $165.31, for a total transaction of $6,279,961.59. Following the completion of the transaction, the chairman owned 348,223 shares of the company’s stock, valued at $57,564,744.13. The trade was a 9.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 132,876 shares of company stock worth $21,829,393. 8.40% of the stock is owned by company insiders.

More Enova International News

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

• Positive Sentiment: Quarterly beat: Enova reported $3.46 EPS vs. $3.17 expected and roughly $1.34B revenue (revenue up ~15% YoY), a clear fundamental positive underpinning valuation. MarketBeat Earnings
• Positive Sentiment: $400M buyback program: The board authorized repurchases up to $400M (about 12.5% of shares), which supports EPS and signals management confidence.
• Positive Sentiment: Momentum / analyst interest: Coverage notes ENVA hit a 52-week high and appears on momentum and cash-flow improvement lists, supporting further investor interest. Zacks Momentum
• Neutral Sentiment: Valuation discussion: Recent coverage reassesses ENVA after the strong quarter; analysts’ consensus remains a Buy with a mean target near $172.83 — useful context but not an immediate catalyst. Yahoo Valuation
• Neutral Sentiment: Institutional flows: Several funds have recently added or trimmed positions; ~89% of shares are institutionally owned — limits volatility from retail but means moves can be amplifier by large holders. MarketBeat Institutional Summary
• Negative Sentiment: Chairman sale: David Fisher sold 37,989 shares (~$6.28M at ~$165.31 avg) on Jan. 30 — a large insider sale that can create short-term downward pressure. Chairman SEC Filing
• Negative Sentiment: CEO sale: CEO Steven Cunningham sold 11,436 shares (~$1.89M at ~$165.13 avg), reducing his stake ~8.2% — CEO-level selling tends to attract investor scrutiny. CEO SEC Filing
• Negative Sentiment: Other insider sales: General Counsel Sean Rahilly (12,879 shares) and directors Mark Tebbe (20,000 shares) and James A. Gray (19,999 shares) also sold recently — multiple insiders selling in a short window can amplify negative sentiment. GC SEC Filing Tebbe SEC Filing Gray SEC Filing

Hedge Funds Weigh In On Enova International

A number of large investors have recently modified their holdings of ENVA. TradeLink Capital LLC bought a new stake in Enova International during the 4th quarter worth approximately $298,000. CX Institutional increased its holdings in shares of Enova International by 2.7% in the fourth quarter. CX Institutional now owns 72,224 shares of the credit services provider’s stock worth $11,354,000 after purchasing an additional 1,872 shares during the period. Strs Ohio raised its position in shares of Enova International by 233.3% in the fourth quarter. Strs Ohio now owns 1,000 shares of the credit services provider’s stock worth $157,000 after buying an additional 700 shares in the last quarter. Cornerstone Investment Partners LLC bought a new stake in Enova International during the fourth quarter valued at $254,000. Finally, Farther Finance Advisors LLC grew its position in Enova International by 26.9% during the fourth quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock worth $47,000 after buying an additional 64 shares in the last quarter. 89.43% of the stock is currently owned by institutional investors.

Enova International Price Performance

The business has a 50 day simple moving average of $155.52 and a two-hundred day simple moving average of $129.83. The firm has a market capitalization of $4.37 billion, a P/E ratio of 13.43 and a beta of 1.25. The company has a debt-to-equity ratio of 3.37, a quick ratio of 19.29 and a current ratio of 9.48.

Enova International (NYSE:ENVA) last issued its quarterly earnings results on Tuesday, January 27th. The credit services provider reported $3.46 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.17 by $0.29. Enova International had a return on equity of 25.31% and a net margin of 9.78%.The firm had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $838.59 million. During the same quarter last year, the company posted $2.61 EPS. The company’s revenue for the quarter was up 15.0% on a year-over-year basis. On average, sell-side analysts expect that Enova International, Inc. will post 10.31 EPS for the current fiscal year.

Enova International announced that its board has authorized a stock repurchase program on Wednesday, November 12th that allows the company to repurchase $400.00 million in shares. This repurchase authorization allows the credit services provider to repurchase up to 12.5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

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.