Enova International (NYSE:ENVA) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Enova International (NYSE:ENVA) from a buy rating to a strong-buy rating in a report released on Saturday morning.

Other equities research analysts have also recently issued research reports about the company. Jefferies Financial Group raised their price objective on Enova International from $260.00 to $280.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Citigroup reaffirmed a “market outperform” rating on shares of Enova International in a research report on Friday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Enova International in a report on Friday, July 17th. BTIG Research lifted their price target on shares of Enova International from $199.00 to $270.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. Finally, Maxim Group boosted their price target on shares of Enova International from $191.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Eight research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $247.83.

Enova International Stock Performance

Shares of ENVA opened at $251.94 on Friday. The company has a debt-to-equity ratio of 3.35, a current ratio of 18.42 and a quick ratio of 18.42. The stock has a 50-day moving average of $203.29 and a 200-day moving average of $170.24. The company has a market cap of $6.27 billion, a PE ratio of 18.68 and a beta of 1.21. Enova International has a one year low of $99.61 and a one year high of $252.71.

Enova International (NYSE:ENVA) last issued its earnings results on Thursday, July 23rd. The credit services provider reported $4.31 EPS for the quarter, beating analysts’ consensus estimates of $3.99 by $0.32. Enova International had a return on equity of 26.66% and a net margin of 10.31%.The business had revenue of $928.93 million during the quarter, compared to analyst estimates of $909.61 million. During the same period in the previous year, the company posted $3.23 EPS. The firm’s revenue was up 21.6% compared to the same quarter last year. On average, equities research analysts predict that Enova International will post 15.37 EPS for the current fiscal year.

Insider Buying and Selling at Enova International

In other Enova International news, Director Mark Tebbe sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $201.37, for a total transaction of $4,027,400.00. Following the completion of the sale, the director directly owned 50,029 shares of the company’s stock, valued at approximately $10,074,339.73. The trade was a 28.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman David Fisher sold 33,060 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $199.05, for a total value of $6,580,593.00. Following the sale, the chairman directly owned 306,444 shares of the company’s stock, valued at $60,997,678.20. This represents a 9.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 99,030 shares of company stock worth $18,379,363. Insiders own 8.40% of the company’s stock.

Institutional Investors Weigh In On Enova International

Several institutional investors have recently bought and sold shares of ENVA. Legato Capital Management LLC purchased a new stake in Enova International in the 4th quarter valued at $1,851,000. Geode Capital Management LLC boosted its holdings in Enova International by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock worth $96,095,000 after acquiring an additional 18,258 shares during the last quarter. Emerald Mutual Fund Advisers Trust boosted its holdings in Enova International by 19.9% during the 1st quarter. Emerald Mutual Fund Advisers Trust now owns 19,902 shares of the credit services provider’s stock worth $2,703,000 after acquiring an additional 3,299 shares during the last quarter. Harbor Capital Advisors Inc. boosted its holdings in Enova International by 43.4% during the 4th quarter. Harbor Capital Advisors Inc. now owns 23,774 shares of the credit services provider’s stock worth $3,737,000 after acquiring an additional 7,200 shares during the last quarter. Finally, Hillsdale Investment Management Inc. grew its stake in shares of Enova International by 3.9% in the 1st quarter. Hillsdale Investment Management Inc. now owns 62,211 shares of the credit services provider’s stock worth $8,450,000 after acquiring an additional 2,351 shares in the last quarter. Institutional investors own 89.43% of the company’s stock.

About Enova International

Enova International, Inc (NYSE: ENVA) is a Chicago-based financial services company specializing in online lending solutions. Since its founding in 2004, Enova has leveraged proprietary data analytics and technology platforms to underwrite and deliver short-term consumer loans, lines of credit and installment loans. Through its flagship consumer brand NetCredit, Enova provides flexible credit options designed to serve a wide range of borrowers, including those with limited or non-traditional credit histories.

In addition to its U.S.