Enova International, Inc. (NYSE:ENVA) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Enova International, Inc. (NYSE:ENVA) have been given an average recommendation of “Moderate Buy” by the eight research firms that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $228.00.

A number of equities analysts have recently weighed in on ENVA shares. TD Cowen boosted their target price on Enova International from $165.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Citizens Jmp increased their price target on Enova International from $195.00 to $270.00 and gave the company a “market outperform” rating in a research report on Friday, June 26th. Maxim Group lifted their price target on Enova International from $191.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, April 27th. BTIG Research boosted their price objective on Enova International from $199.00 to $270.00 and gave the stock a “buy” rating in a research report on Tuesday, June 30th. Finally, Wall Street Zen downgraded Enova International from a “strong-buy” rating to a “buy” rating in a research note on Sunday, May 10th.

Insider Activity at Enova International

In other Enova International news, CEO Steven E. Cunningham sold 7,852 shares of the business’s stock in a transaction dated Tuesday, April 28th. The shares were 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 in the company, valued at $21,576,847.50. The trade was a 6.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William M. Goodyear sold 6,231 shares of the business’s stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $166.08, for a total transaction of $1,034,844.48. Following the completion of the transaction, the director owned 68,740 shares in the company, valued at approximately $11,416,339.20. The trade was a 8.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 106,882 shares of company stock valued at $19,757,389 over the last quarter. Corporate insiders own 8.40% of the company’s stock.

Institutional Investors Weigh In On Enova International

Hedge funds have recently modified their holdings of the stock. FNY Investment Advisers LLC bought a new position in Enova International during the fourth quarter valued at $31,000. McIlrath & Eck LLC bought a new stake in shares of Enova International in the first quarter valued at $34,000. Farther Finance Advisors LLC lifted its position in shares of Enova International by 26.9% during the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock valued at $47,000 after buying an additional 64 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Enova International by 350.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider’s stock valued at $50,000 after buying an additional 350 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its position in shares of Enova International by 58.5% during the 1st quarter. Pacer Advisors Inc. now owns 412 shares of the credit services provider’s stock valued at $56,000 after buying an additional 152 shares during the last quarter. Institutional investors own 89.43% of the company’s stock.

Enova International Stock Down 0.1%

ENVA opened at $234.87 on Monday. 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 company’s 50-day moving average is $182.84 and its 200 day moving average is $162.27. Enova International has a fifty-two week low of $99.61 and a fifty-two week high of $246.38. The firm has a market capitalization of $5.85 billion, a P/E ratio of 19.02 and a beta of 1.21.

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

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.