Enova International, Inc. (NYSE:ENVA) Receives Consensus Rating of “Buy” from Analysts

Shares of Enova International, Inc. (NYSE:ENVA – Get Free Report) have been given a consensus rating of “Buy” by the nine analysts that are presently covering the firm, Marketbeat reports. Eight investment analysts have rated the stock with a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $247.8333.

ENVA has been the subject of a number of recent analyst reports. Citizens Jmp lifted their price objective on shares of Enova International from $195.00 to $270.00 and gave the company a “market outperform” rating in a report on Friday, June 26th. Wall Street Zen cut Enova International from a “strong-buy” rating to a “buy” rating in a research report on Saturday. TD Cowen lifted their price target on Enova International from $250.00 to $257.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Jefferies Financial Group upped their price target on Enova International from $260.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Finally, Maxim Group increased their price target on Enova International from $191.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, April 27th.

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Insider Transactions at Enova International

In related news, Director William M. Goodyear sold 5,983 shares of Enova International stock in a transaction on Monday, June 1st. The shares were sold at an average price of $163.13, for a total value of $976,006.79. Following the sale, the director owned 62,757 shares of the company’s stock, valued at approximately $10,237,549.41. This trade represents a 8.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark Tebbe sold 20,000 shares of the business’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $201.37, for a total transaction of $4,027,400.00. Following the completion of the sale, the director directly owned 50,029 shares of the company’s stock, valued at approximately $10,074,339.73. The trade was a 28.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 62,543 shares of company stock valued at $12,242,070 in the last three months. 8.40% of the stock is currently owned by company insiders.

Institutional Trading of Enova International

Institutional investors have recently modified their holdings of the stock. California State Teachers Retirement System boosted its holdings in Enova International by 23,319.0% in the 2nd quarter. California State Teachers Retirement System now owns 6,887,767 shares of the credit services provider’s stock worth $1,658,092,000 after buying an additional 6,858,356 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Enova International during the second quarter valued at approximately $38,453,000. Tieton Capital Management LLC acquired a new position in shares of Enova International during the second quarter valued at approximately $26,577,000. Alyeska Investment Group L.P. purchased a new position in shares of Enova International in the second quarter valued at approximately $25,749,000. Finally, Informed Momentum Co LLC purchased a new position in shares of Enova International in the fourth quarter valued at approximately $6,243,000. Institutional investors and hedge funds own 89.43% of the company’s stock.

Enova International Trading Up 2.0%

Enova International stock opened at $247.71 on Tuesday. The firm has a market cap of $6.17 billion, a PE ratio of 18.36 and a beta of 1.22. Enova International has a 12 month low of $103.02 and a 12 month high of $267.45. The stock’s 50 day simple moving average is $237.95 and its two-hundred day simple moving average is $183.62. The company has a current ratio of 18.42, a quick ratio of 18.42 and a debt-to-equity ratio of 3.35.

Enova International (NYSE:ENVA – Get Free Report) last posted its earnings results on Thursday, July 23rd. The credit services provider reported $4.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.99 by $0.32. Enova International had a net margin of 10.31% and a return on equity of 26.66%. The firm had revenue of $928.93 million during the quarter, compared to analysts’ expectations of $909.61 million. During the same period in the previous year, the business posted $3.23 EPS. The business’s revenue was up 21.6% compared to the same quarter last year. Analysts anticipate that Enova International will post 16.3 earnings per share for the current year.

About Enova International

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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.

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