Enova International, Inc. (NYSE:ENVA) Stock Has Consensus Price Target of $231.67 According to Brokerages

Shares of Enova International, Inc. (NYSE:ENVA – Get Free Report) have been given an average recommendation of “Moderate Buy” by the nine brokerages that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $230.83.

Several brokerages recently commented on ENVA. BTIG Research boosted their price target on shares of Enova International from $199.00 to $270.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Wall Street Zen downgraded shares of Enova International from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 22nd. TD Cowen dropped their target price on shares of Enova International from $257.00 to $220.00 and set a “buy” rating on the stock in a research report on Tuesday, September 15th. Stephens cut their target price on shares of Enova International from $275.00 to $205.00 and set an “overweight” rating for the company in a research note on Thursday, September 17th. Finally, Citizens Jmp cut their target price on shares of Enova International from $270.00 to $215.00 and set a “market outperform” rating for the company in a research note on Tuesday, September 15th.

Get Enova International alerts:

Get Our Latest Research Report on Enova International

Insider Transactions at Enova International

In related news, Chairman David Fisher sold 20,750 shares of Enova International stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $178.24, for a total value of $3,698,480.00. Following the sale, the chairman directly owned 306,444 shares in the company, valued at approximately $54,620,578.56. The trade was a 6.34% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders sold 39,319 shares of company stock valued at $8,185,473. Insiders own 8.40% of the company’s stock.

Hedge Funds Weigh In On Enova International

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC purchased a new stake in shares of Enova International during the second quarter worth approximately $52,000. McIlrath & Eck LLC purchased a new position in Enova International in the 1st quarter valued at $34,000. Pacer Advisors Inc. lifted its holdings in Enova International by 58.5% in the 1st quarter. Pacer Advisors Inc. now owns 412 shares of the credit services provider’s stock valued at $56,000 after purchasing an additional 152 shares in the last quarter. Parallel Advisors LLC boosted its stake in Enova International by 1,503.3% during the 1st quarter. Parallel Advisors LLC now owns 481 shares of the credit services provider’s stock worth $65,000 after purchasing an additional 451 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new stake in Enova International during the 2nd quarter worth $116,000. Hedge funds and other institutional investors own 89.43% of the company’s stock.

Enova International Stock Performance

Shares of ENVA stock opened at $177.88 on Wednesday. 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 has a 12-month low of $103.02 and a 12-month high of $267.45. The business’s 50 day moving average is $217.08 and its two-hundred day moving average is $196.29. The company has a market capitalization of $4.43 billion, a P/E ratio of 13.19 and a beta of 1.28.

Enova International (NYSE:ENVA – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The credit services provider reported $4.31 EPS for the quarter, beating analysts’ consensus estimates of $3.99 by $0.32. Enova International had a return on equity of 26.66% and a net margin of 10.31%. The business 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 earned $3.23 earnings per share. The business’s revenue was up 21.6% compared to the same quarter last year. Analysts expect that Enova International will post 16.33 EPS for the current fiscal year.

About Enova International

(Get Free Report)

Enova International, Inc is a technology-driven financial services company that provides online credit products to consumers and small businesses. The company uses data analytics, automated decision-making and digital platforms to evaluate applications, originate loans and manage customer accounts.

Enova’s consumer finance business offers products such as installment loans and lines of credit through brands including CashNetUSA and NetCredit. Its small-business finance operations provide term loans and lines of credit through the OnDeck platform, which Enova acquired in 2020.

Founded in 2004 and headquartered in Chicago, Illinois, Enova serves customers primarily in the United States, as well as selected international markets, including the United Kingdom and Australia.

Featured Stories

• Five stocks we like better than Enova International
• Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
• Palantir’s Rally Puts Wall Street in Catch-Up Mode Ahead of November Earnings
• Tilray Finds a Path to Growth Without Waiting on U.S. Cannabis Reform
• Arista Networks Plugs Into All-Time Highs

Receive News & Ratings for Enova International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enova International and related companies with MarketBeat.com's FREE daily email newsletter.