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

Enova International, Inc. (NYSE:ENVA) has received a consensus rating of “Buy” from the eight research firms that are presently covering the company, Marketbeat reports. Seven analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $198.80.

A number of research analysts have weighed in on the company. Citizens Jmp lifted their target price 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 set a $199.00 target price on shares of Enova International in a report on Thursday, April 23rd. Stephens lifted their price target on Enova International from $185.00 to $210.00 and gave the company an “overweight” rating in a research report on Friday, April 24th. Zacks Research upgraded Enova International from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 30th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Enova International in a research report on Tuesday, April 21st.

Enova International Stock Down 1.6%

ENVA stock opened at $164.15 on Friday. The company has a quick ratio of 20.42, a current ratio of 20.42 and a debt-to-equity ratio of 3.45. The firm has a market capitalization of $4.09 billion, a PE ratio of 13.29 and a beta of 1.32. Enova International has a twelve month low of $89.00 and a twelve month high of $176.68. The stock has a 50-day simple moving average of $150.60 and a two-hundred day simple moving average of $147.67.

Enova International (NYSE:ENVA) last posted its earnings results on Thursday, April 23rd. The credit services provider reported $3.87 earnings per share for the quarter, beating analysts’ consensus estimates of $3.66 by $0.21. The business had revenue of $875.14 million during the quarter, compared to analyst estimates 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 quarter in the previous year, the firm earned $2.98 EPS. On average, equities analysts predict that Enova International will post 15.37 EPS for the current fiscal year.

Insider Transactions at Enova International

In other news, CEO Steven E. Cunningham sold 7,852 shares of Enova International stock in a transaction dated Tuesday, April 28th. The stock was sold at an average price of $175.50, for a total transaction of $1,378,026.00. Following the completion of the sale, the chief executive officer owned 122,945 shares in the company, valued at approximately $21,576,847.50. This trade represents a 6.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Chairman David Fisher sold 20,000 shares of Enova International stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $173.18, for a total value of $3,463,600.00. Following the sale, the chairman owned 306,444 shares of the company’s stock, valued at approximately $53,069,971.92. This trade represents a 6.13% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 34,995 shares of company stock valued at $5,909,433. Corporate insiders own 8.40% of the company’s stock.

Institutional Trading of Enova International

A number of large investors have recently modified their holdings of the business. Geode Capital Management LLC boosted its position in shares of Enova International by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock valued at $96,095,000 after acquiring an additional 18,258 shares during the last quarter. SG Americas Securities LLC lifted its position in Enova International by 2,933.1% in the 4th quarter. SG Americas Securities LLC now owns 138,975 shares of the credit services provider’s stock worth $21,847,000 after buying an additional 134,393 shares during the last quarter. CX Institutional lifted its position in Enova International by 2.7% in the 4th quarter. CX Institutional now owns 72,224 shares of the credit services provider’s stock worth $11,354,000 after buying an additional 1,872 shares during the last quarter. CSM Advisors LLC lifted its position in Enova International by 16.7% in the 3rd quarter. CSM Advisors LLC now owns 62,550 shares of the credit services provider’s stock worth $7,199,000 after buying an additional 8,972 shares during the last quarter. Finally, Hillsdale Investment Management Inc. lifted its position in Enova International by 3.9% in the 1st quarter. Hillsdale Investment Management Inc. now owns 62,211 shares of the credit services provider’s stock worth $8,450,000 after buying an additional 2,351 shares during the last quarter. Institutional investors own 89.43% of the company’s stock.

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.