Enova International (NYSE:ENVA) Price Target Raised to $129.00

Enova International (NYSE:ENVA) had its price target upped by BTIG Research from $122.00 to $129.00 in a report issued on Wednesday,Benzinga reports. BTIG Research currently has a buy rating on the credit services provider’s stock.

Other research analysts also recently issued reports about the company. TD Cowen lifted their target price on Enova International from $85.00 to $96.00 and gave the stock a “hold” rating in a report on Wednesday, October 23rd. Stephens started coverage on Enova International in a report on Wednesday, November 13th. They issued an “overweight” rating and a $108.00 target price on the stock. JMP Securities raised their price target on shares of Enova International from $125.00 to $135.00 and gave the stock a “market outperform” rating in a report on Wednesday. Finally, StockNews.com raised shares of Enova International from a “hold” rating to a “buy” rating in a research note on Monday, October 21st. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, Enova International has a consensus rating of “Moderate Buy” and an average price target of $101.57.

Enova International Stock Up 1.2 %

Shares of ENVA opened at $114.31 on Wednesday. The stock has a market capitalization of $3.00 billion, a price-to-earnings ratio of 18.23 and a beta of 1.49. Enova International has a 52 week low of $53.40 and a 52 week high of $117.39. The company has a debt-to-equity ratio of 2.79, a quick ratio of 15.82 and a current ratio of 15.82. The stock has a fifty day moving average of $103.30 and a 200-day moving average of $91.98.

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

Insider Activity at Enova International

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

Institutional Investors Weigh In On Enova International

A number of hedge funds have recently modified their holdings of ENVA. USA Financial Formulas purchased a new stake in Enova International in the 3rd quarter worth about $76,000. GAMMA Investing LLC increased its stake in shares of Enova International by 24.6% in the third 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 in the last quarter. Longboard Asset Management LP bought a new stake in shares of Enova International in the fourth quarter valued at approximately $202,000. Crossmark Global Holdings Inc. purchased a new stake in shares of Enova International during the 4th quarter valued at approximately $206,000. Finally, F M Investments LLC bought a new position in Enova International in the 3rd quarter worth approximately $242,000. Institutional investors own 89.43% of the company’s stock.

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.