Enova International (NYSE:ENVA) Releases Earnings Results, Beats Estimates By $0.08 EPS

Enova International (NYSE:ENVA) released its quarterly earnings results on Tuesday. The credit services provider reported $2.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.29 by $0.08, Zacks reports. Enova International had a net margin of 7.19% and a return on equity of 18.41%.

Enova International Stock Up 0.4 %

Shares of Enova International stock traded up $0.48 during trading on Thursday, reaching $115.22. The company’s stock had a trading volume of 22,195 shares, compared to its average volume of 207,697. Enova International has a 1-year low of $53.40 and a 1-year high of $117.39. The company has a 50-day simple moving average of $103.48 and a two-hundred day simple moving average of $92.13. The company has a quick ratio of 15.82, a current ratio of 15.82 and a debt-to-equity ratio of 2.79. The company has a market cap of $3.02 billion, a price-to-earnings ratio of 18.39 and a beta of 1.49.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. BTIG Research upped their target price on shares of Enova International from $122.00 to $129.00 and gave the company a “buy” rating in a research report on Wednesday. Stephens upped their price objective on Enova International from $115.00 to $136.00 and gave the company an “overweight” rating in a research report on Wednesday. TD Cowen raised their price objective on Enova International from $85.00 to $96.00 and gave the company a “hold” rating in a research note on Wednesday, October 23rd. JMP Securities boosted their target price on Enova International from $125.00 to $135.00 and gave the company a “market outperform” rating in a research report on Wednesday. Finally, StockNews.com upgraded shares of Enova International from a “hold” rating to a “buy” rating in a research report on Monday, October 21st. Three analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $101.57.

Insider Activity at Enova International

In other Enova International news, CEO David Fisher sold 10,000 shares of the business’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $105.47, for a total transaction of $1,054,700.00. Following the sale, the chief executive officer now owns 389,925 shares in the company, valued at approximately $41,125,389.75. The trade was a 2.50 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 7.80% of the stock is currently owned by corporate insiders.

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.