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

Shares of Enova International, Inc. (NYSE:ENVA) have been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are presently covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $91.14.

A number of equities analysts have commented on the company. BTIG Research raised their price objective on Enova International from $90.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. StockNews.com raised Enova International from a “hold” rating to a “buy” rating in a research note on Monday, October 21st. TD Cowen raised their target price on shares of Enova International from $85.00 to $96.00 and gave the company a “hold” rating in a report on Wednesday, October 23rd. Stephens began coverage on Enova International in a research note on Wednesday, November 13th. They issued an “overweight” rating and a $108.00 price target on the stock. Finally, JMP Securities raised their price objective on Enova International from $103.00 to $109.00 and gave the company a “market outperform” rating in a research note on Wednesday, October 23rd.

Insider Activity at Enova International

In related news, CEO David Fisher sold 10,000 shares of the firm’s stock in a transaction on 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 completion of the transaction, the chief executive officer now directly owns 389,925 shares of the company’s stock, valued at $41,125,389.75. This trade represents a 2.50 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 33,314 shares of company stock worth $3,465,166 in the last quarter. 7.80% of the stock is owned by insiders.

Institutional Investors Weigh In On Enova International

Institutional investors and hedge funds have recently made changes to their positions in the stock. Livforsakringsbolaget Skandia Omsesidigt increased its position in Enova International by 1.0% during the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,250 shares of the credit services provider’s stock valued at $1,694,000 after purchasing an additional 200 shares during the period. GAMMA Investing LLC increased its position in shares of Enova International by 24.6% during the third quarter. GAMMA Investing LLC now owns 1,065 shares of the credit services provider’s stock worth $89,000 after buying an additional 210 shares during the period. USA Financial Formulas bought a new position in Enova International during the third quarter worth $76,000. Quantbot Technologies LP lifted its holdings in Enova International by 10.2% in the third quarter. Quantbot Technologies LP now owns 14,182 shares of the credit services provider’s stock valued at $1,188,000 after buying an additional 1,311 shares during the period. Finally, Foundry Partners LLC boosted its position in Enova International by 1.1% during the third quarter. Foundry Partners LLC now owns 122,756 shares of the credit services provider’s stock valued at $10,286,000 after acquiring an additional 1,328 shares during the last quarter. Institutional investors and hedge funds own 89.43% of the company’s stock.

Enova International Stock Performance

Shares of NYSE:ENVA opened at $112.43 on Monday. Enova International has a 12-month low of $53.17 and a 12-month high of $115.07. The company’s 50 day moving average price is $103.08 and its two-hundred day moving average price is $91.28. The firm has a market cap of $2.95 billion, a PE ratio of 17.93 and a beta of 1.48. The company has a quick ratio of 15.82, a current ratio of 15.82 and a debt-to-equity ratio of 2.79.

About Enova International

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.