Enova International Inc. (NYSE:ENVA) has been assigned an average rating of “Hold” from the six analysts that are currently covering the stock. Four investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $9.55.
ENVA has been the topic of several analyst reports. Zacks Investment Research upgraded Enova International from a “sell” rating to a “hold” rating in a research note on Wednesday, September 28th. FBR & Co upped their price objective on Enova International from $8.50 to $9.00 and gave the company a “market perform” rating in a research note on Friday, July 29th. JMP Securities set a $11.50 price objective on Enova International and gave the company a “market outperform” rating in a research note on Tuesday, September 13th. Finally, Jefferies Group initiated coverage on Enova International in a research note on Thursday, September 1st. They issued a “buy” rating and a $12.00 price objective on the stock.
Shares of Enova International (NYSE:ENVA) opened at 9.40 on Thursday. Enova International has a 1-year low of $4.64 and a 1-year high of $13.66. The stock has a 50 day moving average price of $9.49 and a 200-day moving average price of $8.01. The company has a market cap of $312.21 million, a P/E ratio of 11.74 and a beta of 3.42.
Enova International (NYSE:ENVA) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.03. Enova International had a return on equity of 12.25% and a net margin of 3.87%. The company had revenue of $172.50 million for the quarter, compared to analyst estimates of $165.80 million. During the same period in the prior year, the company posted $0.33 EPS. The company’s revenue was up 17.9% compared to the same quarter last year. Analysts predict that Enova International will post $0.93 earnings per share for the current fiscal year.
In related news, major shareholder Cash America International Inc sold 18,597 shares of the stock in a transaction that occurred on Thursday, September 1st. The stock was sold at an average price of $9.90, for a total transaction of $184,110.30. Following the sale, the insider now directly owns 424,912 shares in the company, valued at approximately $4,206,628.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, major shareholder Firstcash, Inc sold 84,560 shares of the stock in a transaction that occurred on Friday, September 9th. The stock was sold at an average price of $9.42, for a total value of $796,555.20. The disclosure for this sale can be found here. Corporate insiders own 1.60% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in the company. Arizona State Retirement System raised its stake in Enova International by 1.5% in the second quarter. Arizona State Retirement System now owns 13,964 shares of the company’s stock worth $103,000 after buying an additional 200 shares during the period. California State Teachers Retirement System raised its stake in Enova International by 0.6% in the second quarter. California State Teachers Retirement System now owns 55,586 shares of the company’s stock worth $409,000 after buying an additional 322 shares during the period. Thrivent Financial for Lutherans raised its stake in Enova International by 1.3% in the second quarter. Thrivent Financial for Lutherans now owns 121,507 shares of the company’s stock worth $894,000 after buying an additional 1,610 shares during the period. Rhumbline Advisers raised its stake in Enova International by 8.2% in the second quarter. Rhumbline Advisers now owns 36,430 shares of the company’s stock worth $268,000 after buying an additional 2,774 shares during the period. Finally, Teachers Advisors Inc. raised its stake in Enova International by 29.4% in the second quarter. Teachers Advisors Inc. now owns 49,107 shares of the company’s stock worth $361,000 after buying an additional 11,147 shares during the period. Institutional investors and hedge funds own 63.74% of the company’s stock.
Enova International Company Profile
Enova International, Inc (Enova) is a provider of online financial services to non-prime consumers and small businesses, providing access to credit powered by its advanced analytics, technology, and online platform and services. Enova has provided over four million customers around the globe access to more than $17 billion in loans and financing.
Receive News & Ratings for Enova International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enova International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.