Shares of Enova International Inc (NYSE:ENVA) have received an average recommendation of “Buy” from the eight research firms that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $18.20.
Several analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Enova International from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 31st. TheStreet upgraded shares of Enova International from a “d+” rating to a “c” rating in a report on Monday, October 30th. BidaskClub upgraded shares of Enova International from a “hold” rating to a “buy” rating in a report on Saturday, October 21st. Maxim Group reiterated a “buy” rating and issued a $18.00 target price on shares of Enova International in a report on Monday, October 30th. Finally, Stephens reiterated a “buy” rating and issued a $22.00 target price on shares of Enova International in a report on Thursday, January 4th.
Enova International (NYSE ENVA) traded up $0.15 during mid-day trading on Tuesday, hitting $16.05. 192,167 shares of the stock traded hands, compared to its average volume of 271,046. The stock has a market cap of $527.07, a price-to-earnings ratio of 17.64 and a beta of 3.30. The company has a current ratio of 8.14, a quick ratio of 8.14 and a debt-to-equity ratio of 2.79. Enova International has a 1 year low of $11.15 and a 1 year high of $17.50.
Enova International (NYSE:ENVA) last released its quarterly earnings results on Thursday, October 26th. The credit services provider reported $0.25 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.09. Enova International had a net margin of 3.87% and a return on equity of 14.85%. The firm had revenue of $217.88 million for the quarter, compared to analyst estimates of $210.27 million. During the same quarter in the previous year, the company earned $0.28 EPS. The business’s revenue for the quarter was up 11.2% compared to the same quarter last year. sell-side analysts forecast that Enova International will post 1.11 EPS for the current fiscal year.
In other Enova International news, Director Mark Mcgowan purchased 30,000 shares of the company’s stock in a transaction on Wednesday, November 8th. The stock was acquired at an average price of $13.97 per share, for a total transaction of $419,100.00. Following the completion of the purchase, the director now directly owns 22,689 shares in the company, valued at approximately $316,965.33. The purchase was disclosed in a filing with the SEC, which is available through this link. Insiders own 1.60% of the company’s stock.
Several large investors have recently bought and sold shares of ENVA. Public Employees Retirement System of Ohio lifted its position in shares of Enova International by 69.0% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 23,598 shares of the credit services provider’s stock worth $317,000 after purchasing an additional 9,637 shares during the last quarter. Hartford Investment Management Co. purchased a new stake in shares of Enova International during the 3rd quarter worth $178,000. Ameriprise Financial Inc. lifted its position in shares of Enova International by 11.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 484,120 shares of the credit services provider’s stock worth $6,511,000 after purchasing an additional 50,818 shares during the last quarter. CNA Financial Corp lifted its position in shares of Enova International by 31.4% during the 3rd quarter. CNA Financial Corp now owns 34,457 shares of the credit services provider’s stock worth $463,000 after purchasing an additional 8,232 shares during the last quarter. Finally, Comerica Bank lifted its position in shares of Enova International by 43.6% during the 3rd quarter. Comerica Bank now owns 35,466 shares of the credit services provider’s stock worth $516,000 after purchasing an additional 10,775 shares during the last quarter. Institutional investors and hedge funds own 97.24% of the company’s stock.
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.
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