TD Cowen Lowers Enova International (NYSE:ENVA) Price Target to $220.00

Enova International (NYSE:ENVA) had its target price decreased by equities research analysts at TD Cowen from $257.00 to $220.00 in a note issued to investors on Tuesday, Benzinga reports. The brokerage currently has a “buy” rating on the credit services provider’s stock. TD Cowen’s target price points to a potential upside of 27.43% from the stock’s current price.

Several other brokerages have also recently issued reports on ENVA. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Enova International in a report on Friday, July 17th. Zacks Research upgraded shares of Enova International from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 29th. Wall Street Zen downgraded shares of Enova International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 22nd. BTIG Research boosted their price objective on shares of Enova International from $199.00 to $270.00 and gave the stock a “buy” rating in a report on Tuesday, June 30th. Finally, Citizens Jmp lowered their price objective on Enova International from $270.00 to $215.00 and set a “market outperform” rating on the stock in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $232.50.

Enova International Stock Down 23.8%

Shares of NYSE ENVA traded down $54.07 during trading on Tuesday, reaching $172.65. The company had a trading volume of 404,228 shares, compared to its average volume of 304,617. Enova International has a 12-month low of $103.02 and a 12-month high of $267.45. The company has a quick ratio of 18.42, a current ratio of 18.42 and a debt-to-equity ratio of 3.35. The business’s 50-day moving average is $240.76 and its 200 day moving average is $192.01. The stock has a market cap of $4.30 billion, a PE ratio of 12.64 and a beta of 1.21.

Enova International (NYSE:ENVA) last posted its quarterly earnings results on Thursday, July 23rd. The credit services provider reported $4.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.99 by $0.32. Enova International had a return on equity of 26.66% and a net margin of 10.31%.The firm had revenue of $928.93 million during the quarter, compared to analyst estimates of $909.61 million. During the same quarter in the previous year, the firm earned $3.23 EPS. Enova International’s quarterly revenue was up 21.6% compared to the same quarter last year. As a group, equities analysts forecast that Enova International will post 16.3 earnings per share for the current fiscal year.

Insider Activity at Enova International

In other news, Chairman David Fisher sold 33,060 shares of the firm’s stock in a transaction 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 transaction, the chairman directly owned 306,444 shares in the company, valued at $60,997,678.20. This trade represents a 9.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Mark Tebbe sold 20,000 shares of Enova International stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $201.37, for a total value 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 $10,074,339.73. The trade was a 28.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 71,629 shares of company stock valued at $15,094,986 over the last three months. 8.40% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Legato Capital Management LLC purchased a new position in Enova International in the fourth quarter worth about $1,851,000. California State Teachers Retirement System increased its position in shares of Enova International by 26.7% during the 1st quarter. California State Teachers Retirement System now owns 29,411 shares of the credit services provider’s stock valued at $3,995,000 after purchasing an additional 6,205 shares during the last quarter. J.Safra Asset Management Corp bought a new position in shares of Enova International in the 2nd quarter worth approximately $1,464,000. Tieton Capital Management LLC bought a new position in shares of Enova International in the 2nd quarter worth approximately $26,577,000. Finally, Geode Capital Management LLC boosted its holdings in shares of Enova International by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock worth $96,095,000 after buying an additional 18,258 shares during the last quarter. Institutional investors own 89.43% of the company’s stock.

Enova International News Summary

Here are the key news stories impacting Enova International this week:

• Positive Sentiment: Enova reaffirmed its 2026 earnings outlook and plans to accelerate share repurchases, which could support earnings per share and shareholder returns. Enova Withdraws Bank Regulatory Applications
• Positive Sentiment: Third-quarter EPS guidance of approximately $4.37 is slightly above the consensus estimate of $4.34. The company’s prior quarterly results also showed strong momentum, with revenue up 21.6% year over year and EPS exceeding expectations.
• Neutral Sentiment: Enova said the withdrawal is related to the regulatory applications for the Grasshopper transaction, while maintaining its broader financial outlook. Full-year 2026 EPS guidance of $16.85-$17.50 brackets the current consensus estimate of $17.02, and revenue guidance of $3.8 billion-$3.9 billion reaches the $3.9 billion consensus. Enova Reaffirms Earnings Guidance
• Negative Sentiment: Withdrawing the applications effectively halts the current regulatory process for the proposed Grasshopper Bancorp acquisition. Investors may view this as a setback to Enova’s plans to expand through a bank platform and as evidence that the transaction faced regulatory or execution hurdles. Enova Shares Fall as Applications Are Withdrawn

About Enova International

Enova International, Inc is a financial technology company that provides online financial services to consumers and small businesses. The company uses technology, data analytics and automated decision-making to offer credit products designed for customers who may have limited access to traditional bank financing.

Enova’s consumer finance brands include CashNetUSA and NetCredit, which offer products such as short-term and installment loans, lines of credit and other forms of personal credit, subject to applicable laws and eligibility requirements.