Enova International (NYSE:ENVA) Stock Price Up 4.6%

Enova International, Inc. (NYSE:ENVA)’s stock price rose 4.6% during trading on Tuesday . The company traded as high as $86.08 and last traded at $86.08. Approximately 26,903 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 244,905 shares. The stock had previously closed at $82.30.

Analyst Ratings Changes

ENVA has been the topic of a number of research analyst reports. Jefferies Financial Group lifted their target price on Enova International from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Tuesday, April 9th. TD Cowen boosted their price objective on Enova International from $70.00 to $76.00 and gave the company a “hold” rating in a report on Wednesday, July 24th. JMP Securities boosted their price objective on Enova International from $78.00 to $93.00 and gave the company a “market outperform” rating in a report on Wednesday, July 24th. StockNews.com upgraded Enova International from a “hold” rating to a “buy” rating in a report on Thursday, May 2nd. Finally, BMO Capital Markets boosted their price objective on Enova International from $60.00 to $62.00 and gave the company a “market perform” rating in a report on Thursday, April 25th. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $76.80.

Enova International Trading Up 5.0 %

The company has a fifty day simple moving average of $63.94 and a two-hundred day simple moving average of $61.48. The company has a current ratio of 12.07, a quick ratio of 12.07 and a debt-to-equity ratio of 2.78. The company has a market cap of $2.28 billion, a PE ratio of 15.44 and a beta of 1.45.

Enova International (NYSE:ENVA) last issued its quarterly earnings results on Tuesday, July 23rd. The credit services provider reported $2.21 earnings per share for the quarter, topping the consensus estimate of $2.07 by $0.14. Enova International had a return on equity of 16.53% and a net margin of 7.52%. The company had revenue of $628.44 million for the quarter, compared to the consensus estimate of $622.92 million. During the same quarter in the prior year, the business earned $1.57 EPS. Enova International’s revenue was up 25.8% on a year-over-year basis. Analysts anticipate that Enova International, Inc. will post 7.87 EPS for the current year.

Insiders Place Their Bets

In other Enova International news, CEO David Fisher sold 10,000 shares of the company’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $62.88, for a total transaction of $628,800.00. Following the sale, the chief executive officer now owns 461,439 shares in the company, valued at approximately $29,015,284.32. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, CEO David Fisher sold 10,000 shares of the company’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $62.88, for a total transaction of $628,800.00. Following the completion of the transaction, the chief executive officer now directly owns 461,439 shares of the company’s stock, valued at approximately $29,015,284.32. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Linda Johnson Rice sold 1,750 shares of the company’s stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $63.02, for a total value of $110,285.00. Following the transaction, the director now directly owns 10,186 shares of the company’s stock, valued at $641,921.72. The disclosure for this sale can be found here. Insiders have sold a total of 93,053 shares of company stock worth $5,732,873 in the last quarter. 7.80% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in ENVA. GAMMA Investing LLC acquired a new stake in shares of Enova International in the 4th quarter valued at about $37,000. J.Safra Asset Management Corp boosted its position in shares of Enova International by 83.8% in the 1st quarter. J.Safra Asset Management Corp now owns 930 shares of the credit services provider’s stock valued at $58,000 after purchasing an additional 424 shares during the period. Handelsbanken Fonder AB acquired a new stake in shares of Enova International in the 4th quarter valued at about $216,000. SG Americas Securities LLC acquired a new stake in shares of Enova International in the 1st quarter valued at about $223,000. Finally, Lazard Asset Management LLC boosted its position in shares of Enova International by 21.1% in the 1st quarter. Lazard Asset Management LLC now owns 3,649 shares of the credit services provider’s stock valued at $228,000 after purchasing an additional 636 shares during the period. 89.43% of the stock is owned by institutional investors and hedge funds.

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.