Enova International, Inc. (ENVA) Receives Consensus Recommendation of “Buy” from Analysts

Shares of Enova International, Inc. (NYSE:ENVA) have received an average recommendation of “Buy” from the eight ratings firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $15.00.

A number of brokerages have recently issued reports on ENVA. Jefferies Group LLC reissued a “buy” rating and set a $17.00 target price on shares of Enova International in a research note on Friday, July 14th. BidaskClub raised Enova International from a “buy” rating to a “strong-buy” rating in a research note on Thursday, July 13th. Finally, Maxim Group began coverage on Enova International in a research note on Wednesday, July 12th. They set a “buy” rating and a $18.00 target price for the company.

Enova International (ENVA) traded up 3.36% during mid-day trading on Friday, hitting $13.85. The stock had a trading volume of 266,509 shares. The stock has a 50-day moving average price of $12.64 and a 200 day moving average price of $13.88. The firm has a market cap of $466.51 million, a P/E ratio of 11.17 and a beta of 3.48. Enova International has a 12-month low of $8.68 and a 12-month high of $16.80.

Enova International (NYSE:ENVA) last issued its earnings results on Thursday, July 27th. The credit services provider reported $0.35 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.35. The business had revenue of $189.90 million during the quarter, compared to the consensus estimate of $193.70 million. Enova International had a return on equity of 15.97% and a net margin of 5.42%. The company’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.25 EPS. Equities analysts anticipate that Enova International will post $1.29 EPS for the current fiscal year.

Enova International declared that its board has authorized a stock repurchase plan on Friday, September 15th that permits the company to repurchase $25.00 million in shares. This repurchase authorization permits the credit services provider to purchase up to 63% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

TRADEMARK VIOLATION WARNING: “Enova International, Inc. (ENVA) Receives Consensus Recommendation of “Buy” from Analysts” was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another site, it was illegally stolen and reposted in violation of United States & international trademark and copyright laws. The original version of this article can be accessed at https://ledgergazette.com/2017/10/08/enova-international-inc-enva-receives-consensus-recommendation-of-buy-from-analysts.html.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ENVA. Blair William & Co. IL purchased a new position in Enova International in the 1st quarter valued at approximately $165,000. Tudor Investment Corp ET AL purchased a new position in Enova International in the 2nd quarter valued at approximately $175,000. Arizona State Retirement System increased its stake in Enova International by 1.7% in the 1st quarter. Arizona State Retirement System now owns 12,164 shares of the credit services provider’s stock valued at $181,000 after purchasing an additional 200 shares in the last quarter. Affinity Investment Advisors LLC increased its stake in Enova International by 0.7% in the 2nd quarter. Affinity Investment Advisors LLC now owns 15,279 shares of the credit services provider’s stock valued at $227,000 after purchasing an additional 104 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC purchased a new position in Enova International in the 1st quarter valued at approximately $230,000. 95.32% of the stock is owned by hedge funds and other institutional investors.

About Enova International

Enova International, Inc is a technology and analytics company. The Company provides online financial services. As of December 31, 2016, the Company offered or arranged loans to consumers in 33 states in the United States and in the United Kingdom and Brazil. As of December 31, 201

A number of brokerages have recently issued reports on ENVA. Jefferies Group LLC reissued a “buy” rating and set a $17.00 target price on shares of Enova International in a research note on Friday, July 14th. BidaskClub raised Enova International from a “buy” rating to a “strong-buy” rating in a research note on Thursday, July 13th. Finally, Maxim Group began coverage on Enova International in a research note on Wednesday, July 12th. They set a “buy” rating and a $18.00 target price for the company.

Enova International (ENVA) traded up 3.36% during mid-day trading on Friday, hitting $13.85. The stock had a trading volume of 266,509 shares. The stock has a 50-day moving average price of $12.64 and a 200 day moving average price of $13.88. The firm has a market cap of $466.51 million, a P/E ratio of 11.17 and a beta of 3.48. Enova International has a 12-month low of $8.68 and a 12-month high of $16.80.

Enova International (NYSE:ENVA) last issued its earnings results on Thursday, July 27th. The credit services provider reported $0.35 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.35. The business had revenue of $189.90 million during the quarter, compared to the consensus estimate of $193.70 million. Enova International had a return on equity of 15.97% and a net margin of 5.42%. The company’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.25 EPS. Equities analysts anticipate that Enova International will post $1.29 EPS for the current fiscal year.

Enova International declared that its board has authorized a stock repurchase plan on Friday, September 15th that permits the company to repurchase $25.00 million in shares. This repurchase authorization permits the credit services provider to purchase up to 63% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its stock is undervalued.

TRADEMARK VIOLATION WARNING: “Enova International, Inc. (ENVA) Receives Consensus Recommendation of “Buy” from Analysts” was first posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this article on another site, it was illegally stolen and reposted in violation of United States & international trademark and copyright laws. The original version of this article can be accessed at https://ledgergazette.com/2017/10/08/enova-international-inc-enva-receives-consensus-recommendation-of-buy-from-analysts.html.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ENVA. Blair William & Co. IL purchased a new position in Enova International in the 1st quarter valued at approximately $165,000. Tudor Investment Corp ET AL purchased a new position in Enova International in the 2nd quarter valued at approximately $175,000. Arizona State Retirement System increased its stake in Enova International by 1.7% in the 1st quarter. Arizona State Retirement System now owns 12,164 shares of the credit services provider’s stock valued at $181,000 after purchasing an additional 200 shares in the last quarter. Affinity Investment Advisors LLC increased its stake in Enova International by 0.7% in the 2nd quarter. Affinity Investment Advisors LLC now owns 15,279 shares of the credit services provider’s stock valued at $227,000 after purchasing an additional 104 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC purchased a new position in Enova International in the 1st quarter valued at approximately $230,000. 95.32% of the stock is owned by hedge funds and other institutional investors.

About Enova International

Enova International, Inc is a technology and analytics company. The Company provides online financial services. As of December 31, 2016, the Company offered or arranged loans to consumers in 33 states in the United States and in the United Kingdom and Brazil. As of December 31, 2016, it also offered financing to small businesses in all 50 states and Washington DC in the United States.

Analyst Recommendations for Enova International (NYSE:ENVA)

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