Enova International, Inc. (NYSE:ENVA) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Enova International, Inc. (NYSE:ENVA) have been assigned a consensus rating of “Moderate Buy” from the five ratings firms that are covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $67.60.

ENVA has been the subject of a number of research analyst reports. BMO Capital Markets lifted their price target on shares of Enova International from $60.00 to $62.00 and gave the stock a “market perform” rating in a research note on Thursday, April 25th. JMP Securities lifted their target price on shares of Enova International from $73.00 to $78.00 and gave the stock a “market outperform” rating in a research report on Wednesday, April 24th. Maxim Group increased their price target on Enova International from $70.00 to $78.00 and gave the company a “buy” rating in a report on Thursday, April 25th. Jefferies Financial Group lifted their price objective on Enova International from $70.00 to $75.00 and gave the stock a “buy” rating in a report on Tuesday, April 9th. Finally, StockNews.com upgraded Enova International from a “hold” rating to a “buy” rating in a research report on Thursday, May 2nd.

Insider Activity at Enova International

In related news, CFO Steven E. Cunningham sold 30,590 shares of the stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $63.00, for a total value of $1,927,170.00. Following the completion of the sale, the chief financial officer now directly owns 141,713 shares of the company’s stock, valued at approximately $8,927,919. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, CFO Steven E. Cunningham sold 17,548 shares of the company’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $56.11, for a total value of $984,618.28. Following the completion of the transaction, the chief financial officer now owns 150,025 shares of the company’s stock, valued at $8,417,902.75. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Steven E. Cunningham sold 30,590 shares of Enova International stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $63.00, for a total value of $1,927,170.00. Following the sale, the chief financial officer now directly owns 141,713 shares in the company, valued at approximately $8,927,919. The disclosure for this sale can be found here. Over the last three months, insiders have sold 61,528 shares of company stock worth $3,726,727. Corporate insiders own 7.80% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Headinvest LLC bought a new position in shares of Enova International during the third quarter worth $28,000. GAMMA Investing LLC bought a new stake in Enova International in the 4th quarter valued at $37,000. Handelsbanken Fonder AB purchased a new stake in Enova International in the 4th quarter worth $216,000. SG Americas Securities LLC bought a new position in shares of Enova International during the 1st quarter valued at about $223,000. Finally, Quantbot Technologies LP grew its position in shares of Enova International by 75.1% during the third quarter. Quantbot Technologies LP now owns 10,301 shares of the credit services provider’s stock valued at $524,000 after purchasing an additional 4,417 shares in the last quarter. 89.43% of the stock is currently owned by institutional investors.

Enova International Stock Down 1.8 %

Enova International stock opened at $61.47 on Friday. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of 11.06 and a beta of 1.52. The company has a current ratio of 13.15, a quick ratio of 13.15 and a debt-to-equity ratio of 2.64. Enova International has a 12 month low of $35.30 and a 12 month high of $65.00. The stock has a fifty day simple moving average of $61.83 and a two-hundred day simple moving average of $54.46.

Enova International Company Profile

Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, and internationally. The company provides installment loans; line of credit accounts; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan.