Enova International (NYSE:ENVA) Price Target Raised to $135.00 at JMP Securities

Enova International (NYSE:ENVA) had its price objective upped by JMP Securities from $125.00 to $135.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a “market outperform” rating on the credit services provider’s stock. JMP Securities’ target price suggests a potential upside of 19.32% from the stock’s current price.

ENVA has been the subject of a number of other research reports. Stephens started coverage on shares of Enova International in a research note on Wednesday, November 13th. They set an “overweight” rating and a $108.00 price objective for the company. BTIG Research increased their target price on Enova International from $90.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, October 23rd. StockNews.com upgraded shares of Enova International from a “hold” rating to a “buy” rating in a research note on Monday, October 21st. Finally, TD Cowen boosted their price target on Enova International from $85.00 to $96.00 and gave the stock a “hold” rating in a research note on Wednesday, October 23rd. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $94.86.

Enova International Stock Performance

NYSE:ENVA opened at $113.14 on Wednesday. The company has a current ratio of 15.82, a quick ratio of 15.82 and a debt-to-equity ratio of 2.79. The company has a market capitalization of $2.97 billion, a P/E ratio of 18.04 and a beta of 1.49. The firm has a 50-day moving average price of $103.30 and a two-hundred day moving average price of $91.98. Enova International has a twelve month low of $53.17 and a twelve month high of $115.07.

Enova International (NYSE:ENVA) last posted its quarterly earnings data on Tuesday, February 4th. The credit services provider reported $2.37 EPS for the quarter, beating analysts’ consensus estimates of $2.29 by $0.08. Enova International had a return on equity of 18.41% and a net margin of 7.19%. As a group, research analysts expect that Enova International will post 7.98 earnings per share for the current fiscal year.

Insider Activity at Enova International

In related news, CEO David Fisher sold 10,000 shares of the company’s stock in a transaction on Tuesday, December 3rd. The stock was sold at an average price of $105.59, for a total transaction of $1,055,900.00. Following the completion of the transaction, the chief executive officer now directly owns 369,905 shares in the company, valued at $39,058,268.95. This represents a 2.63 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 7.80% of the company’s stock.

Institutional Investors Weigh In On Enova International

A number of hedge funds have recently added to or reduced their stakes in the stock. SG Americas Securities LLC acquired a new stake in shares of Enova International in the 3rd quarter worth about $772,000. GAMMA Investing LLC grew its position in Enova International by 24.6% in the 3rd quarter. GAMMA Investing LLC now owns 1,065 shares of the credit services provider’s stock worth $89,000 after purchasing an additional 210 shares during the last quarter. USA Financial Formulas bought a new position in Enova International in the 3rd quarter worth about $76,000. Livforsakringsbolaget Skandia Omsesidigt increased its stake in shares of Enova International by 1.0% in the third 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. Finally, F M Investments LLC bought a new stake in shares of Enova International during the third quarter valued at approximately $242,000. 89.43% of the stock is currently owned by institutional investors.

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.