Enova International (NYSE:ENVA) PT Raised to $78.00 at JMP Securities

Enova International (NYSE:ENVA) had its target price increased by JMP Securities from $73.00 to $78.00 in a report released on Wednesday, Benzinga reports. JMP Securities currently has a market outperform rating on the credit services provider’s stock.

Several other research analysts have also commented on ENVA. TheStreet lowered Enova International from a b rating to a c+ rating in a research report on Tuesday, January 30th. Jefferies Financial Group lifted their target price on Enova International from $70.00 to $75.00 and gave the stock a buy rating in a research report on Tuesday, April 9th. StockNews.com upgraded Enova International from a hold rating to a buy rating in a research report on Saturday, March 23rd. Finally, BMO Capital Markets lifted their target price on Enova International from $57.00 to $59.00 and gave the stock a market perform rating in a research report on Wednesday, January 31st. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of Moderate Buy and a consensus price target of $67.60.

Enova International Price Performance

Shares of NYSE ENVA opened at $63.23 on Wednesday. Enova International has a fifty-two week low of $35.30 and a fifty-two week high of $65.00. The business has a 50 day moving average price of $61.66 and a two-hundred day moving average price of $53.79. The company has a quick ratio of 10.27, a current ratio of 13.15 and a debt-to-equity ratio of 2.64. The firm has a market cap of $1.71 billion, a PE ratio of 11.37 and a beta of 1.55.

Enova International (NYSE:ENVA) last issued its quarterly earnings data on Tuesday, January 30th. The credit services provider reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates of $1.54 by $0.08. Enova International had a return on equity of 15.77% and a net margin of 7.69%. The firm had revenue of $583.59 million during the quarter, compared to analyst estimates of $587.34 million. Sell-side analysts expect that Enova International will post 7.39 earnings per share for the current fiscal year.

Insider Activity at Enova International

In related news, General Counsel Sean Rahilly sold 2,347 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $60.40, for a total transaction of $141,758.80. Following the completion of the transaction, the general counsel now owns 107,992 shares in the company, valued at approximately $6,522,716.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Linda Johnson Rice sold 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $62.12, for a total transaction of $310,600.00. Following the completion of the transaction, the director now owns 9,182 shares in the company, valued at approximately $570,385.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Sean Rahilly sold 2,347 shares of Enova International stock in a transaction on Friday, February 16th. The shares were sold at an average price of $60.40, for a total value of $141,758.80. Following the sale, the general counsel now directly owns 107,992 shares in the company, valued at approximately $6,522,716.80. The disclosure for this sale can be found here. Insiders sold 30,938 shares of company stock worth $1,799,557 in the last 90 days. 7.80% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in ENVA. Orchard Capital Management LLC boosted its position in Enova International by 30.0% during the 4th quarter. Orchard Capital Management LLC now owns 232,326 shares of the credit services provider’s stock worth $12,862,000 after acquiring an additional 53,647 shares during the period. Jackson Creek Investment Advisors LLC acquired a new position in Enova International during the 3rd quarter worth $928,000. Campbell & CO Investment Adviser LLC acquired a new position in Enova International during the 4th quarter worth $957,000. Foundry Partners LLC boosted its position in Enova International by 7.3% during the 4th quarter. Foundry Partners LLC now owns 137,908 shares of the credit services provider’s stock worth $7,635,000 after acquiring an additional 9,357 shares during the period. Finally, Quantbot Technologies LP boosted its position in Enova International by 75.1% during the 3rd quarter. Quantbot Technologies LP now owns 10,301 shares of the credit services provider’s stock worth $524,000 after acquiring an additional 4,417 shares during the period. Institutional investors and hedge funds own 89.43% of the company’s stock.

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.