Enova International (NYSE:ENVA) Stock Price Up 4.6%

Enova International, Inc. (NYSE:ENVA) shares rose 4.6% during trading on Tuesday . The company traded as high as $86.08 and last traded at $86.08. Approximately 26,903 shares were traded during trading, a decline of 89% from the average daily volume of 244,905 shares. The stock had previously closed at $82.30.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ENVA. TD Cowen raised their price target on Enova International from $70.00 to $76.00 and gave the stock a “hold” rating in a research note on Wednesday, July 24th. Jefferies Financial Group raised their price target on Enova International from $70.00 to $75.00 and gave the stock a “buy” rating in a research note on Tuesday, April 9th. StockNews.com raised Enova International from a “hold” rating to a “buy” rating in a research note on Thursday, May 2nd. BMO Capital Markets raised their price target on Enova International from $60.00 to $62.00 and gave the stock a “market perform” rating in a research note on Thursday, April 25th. Finally, Maxim Group raised their price target on Enova International from $70.00 to $78.00 and gave the stock a “buy” rating in a research note on Thursday, April 25th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, Enova International currently has an average rating of “Moderate Buy” and an average target price of $76.80.

Enova International Trading Down 2.6 %

The firm has a market capitalization of $2.22 billion, a PE ratio of 15.15 and a beta of 1.45. The company has a debt-to-equity ratio of 2.78, a quick ratio of 12.07 and a current ratio of 12.07. The firm has a fifty day moving average of $65.46 and a 200 day moving average of $62.03.

Enova International (NYSE:ENVA) last announced its earnings results on Tuesday, July 23rd. The credit services provider reported $2.21 EPS for the quarter, beating the consensus estimate of $2.07 by $0.14. The business had revenue of $628.44 million for the quarter, compared to the consensus estimate of $622.92 million. Enova International had a return on equity of 16.53% and a net margin of 7.52%. The company’s revenue was up 25.8% on a year-over-year basis. During the same period last year, the business posted $1.57 EPS. Equities research analysts expect that Enova International, Inc. will post 7.87 EPS for the current year.

Insider Buying and Selling at Enova International

In other Enova International news, Director Linda Johnson Rice sold 1,750 shares of the firm’s stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $63.02, for a total transaction of $110,285.00. Following the completion of the sale, the director now owns 10,186 shares in the company, valued at approximately $641,921.72. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. In other news, insider Kirk Chartier sold 41,303 shares of Enova International stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $60.16, for a total value of $2,484,788.48. Following the completion of the transaction, the insider now owns 117,422 shares in the company, valued at approximately $7,064,107.52. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Linda Johnson Rice sold 1,750 shares of Enova International stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $63.02, for a total value of $110,285.00. Following the completion of the transaction, the director now owns 10,186 shares of the company’s stock, valued at approximately $641,921.72. The disclosure for this sale can be found here. Insiders sold a total of 127,078 shares of company stock worth $8,505,444 in the last 90 days. 7.80% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC acquired a new position in shares of Enova International in the 4th quarter worth approximately $37,000. J.Safra Asset Management Corp boosted its position in Enova International by 83.8% during the 1st quarter. J.Safra Asset Management Corp now owns 930 shares of the credit services provider’s stock valued at $58,000 after purchasing an additional 424 shares during the period. SG Americas Securities LLC acquired a new position in Enova International during the 1st quarter valued at approximately $223,000. Lazard Asset Management LLC boosted its position in Enova International by 21.1% during the 1st quarter. Lazard Asset Management LLC now owns 3,649 shares of the credit services provider’s stock valued at $228,000 after purchasing an additional 636 shares during the period. Finally, Smith Shellnut Wilson LLC ADV acquired a new position in Enova International during the 2nd quarter valued at approximately $235,000. 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.