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

Enova International (NYSE:ENVA) had its target price boosted by research analysts at JMP Securities from $125.00 to $135.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has a “market outperform” rating on the credit services provider’s stock. JMP Securities’ price objective would suggest a potential upside of 19.32% from the stock’s current price.

Other equities analysts have also recently issued research reports about the company. 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. BTIG Research increased 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. TD Cowen increased their target price on shares of Enova International from $85.00 to $96.00 and gave the stock a “hold” rating in a research report on Wednesday, October 23rd. Finally, StockNews.com upgraded 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 given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $94.86.

Enova International Trading Up 2.1 %

Enova International stock opened at $113.14 on Wednesday. Enova International has a 12-month low of $53.17 and a 12-month high of $115.07. The stock has a market capitalization of $2.97 billion, a PE ratio of 18.04 and a beta of 1.49. The firm has a 50 day simple moving average of $103.30 and a 200-day simple moving average of $91.98. The company has a debt-to-equity ratio of 2.79, a current ratio of 15.82 and a quick ratio of 15.82.

Enova International (NYSE:ENVA) last issued its quarterly earnings results on Tuesday, February 4th. The credit services provider reported $2.37 EPS for the quarter, topping the consensus estimate 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, equities research analysts expect that Enova International will post 7.98 EPS for the current fiscal year.

Insider Activity

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

Institutional Investors Weigh In On Enova International

Several large investors have recently modified their holdings of ENVA. Livforsakringsbolaget Skandia Omsesidigt raised its stake in Enova International by 1.0% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,250 shares of the credit services provider’s stock worth $1,694,000 after acquiring an additional 200 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Enova International by 24.6% during the 3rd quarter. GAMMA Investing LLC now owns 1,065 shares of the credit services provider’s stock valued at $89,000 after purchasing an additional 210 shares during the last quarter. USA Financial Formulas acquired a new stake in shares of Enova International during the third quarter worth approximately $76,000. Quantbot Technologies LP grew its position in Enova International by 10.2% during the 3rd quarter. Quantbot Technologies LP now owns 14,182 shares of the credit services provider’s stock worth $1,188,000 after acquiring an additional 1,311 shares during the last quarter. Finally, Foundry Partners LLC raised its position in Enova International by 1.1% in the 3rd quarter. Foundry Partners LLC now owns 122,756 shares of the credit services provider’s stock valued at $10,286,000 after purchasing an additional 1,328 shares during the last quarter. 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.