Enova International Inc (NYSE:ENVA) – Jefferies Group increased their Q1 2018 earnings per share estimates for shares of Enova International in a note issued to investors on Wednesday. Jefferies Group analyst J. Hecht now anticipates that the credit services provider will earn $0.52 per share for the quarter, up from their prior estimate of $0.47. Jefferies Group has a “Buy” rating and a $17.00 price target on the stock. Jefferies Group also issued estimates for Enova International’s Q2 2018 earnings at $0.50 EPS, Q3 2018 earnings at $0.22 EPS and FY2018 earnings at $1.56 EPS.
A number of other research firms have also commented on ENVA. Zacks Investment Research upgraded shares of Enova International from a “hold” rating to a “strong-buy” rating and set a $19.00 price objective on the stock in a research note on Friday. Stephens reiterated a “buy” rating and set a $22.00 price objective on shares of Enova International in a research note on Thursday, January 4th. BidaskClub upgraded shares of Enova International from a “hold” rating to a “buy” rating in a research note on Saturday, October 21st. ValuEngine lowered shares of Enova International from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 21st. Finally, TheStreet upgraded shares of Enova International from a “d+” rating to a “c” rating in a research note on Monday, October 30th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. Enova International currently has an average rating of “Buy” and an average target price of $18.20.
Enova International (NYSE ENVA) opened at $16.55 on Friday. Enova International has a 12 month low of $11.15 and a 12 month high of $17.50. The company has a current ratio of 8.14, a quick ratio of 8.14 and a debt-to-equity ratio of 2.79. The company has a market cap of $557.19, a P/E ratio of 17.99 and a beta of 3.45.
Enova International (NYSE:ENVA) last posted its quarterly earnings data on Thursday, October 26th. The credit services provider reported $0.25 EPS for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.09. Enova International had a net margin of 3.87% and a return on equity of 14.85%. The business had revenue of $217.88 million for the quarter, compared to analyst estimates of $210.27 million. During the same quarter last year, the business earned $0.28 earnings per share. The business’s revenue for the quarter was up 11.2% on a year-over-year basis.
In related news, Director Mark Mcgowan acquired 30,000 shares of the stock in a transaction that occurred on Wednesday, November 8th. The shares were acquired at an average price of $13.97 per share, for a total transaction of $419,100.00. Following the completion of the purchase, the director now directly owns 22,689 shares of the company’s stock, valued at $316,965.33. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 1.60% of the stock is owned by company insiders.
A number of large investors have recently modified their holdings of the stock. Thrivent Financial For Lutherans boosted its holdings in Enova International by 2.6% during the second quarter. Thrivent Financial For Lutherans now owns 124,417 shares of the credit services provider’s stock worth $1,847,000 after buying an additional 3,170 shares in the last quarter. Rhumbline Advisers boosted its holdings in Enova International by 12.4% during the second quarter. Rhumbline Advisers now owns 56,946 shares of the credit services provider’s stock worth $846,000 after buying an additional 6,263 shares in the last quarter. California State Teachers Retirement System boosted its holdings in Enova International by 12.3% during the second quarter. California State Teachers Retirement System now owns 58,586 shares of the credit services provider’s stock worth $870,000 after buying an additional 6,400 shares in the last quarter. Teachers Advisors LLC boosted its holdings in Enova International by 12.8% during the second quarter. Teachers Advisors LLC now owns 59,185 shares of the credit services provider’s stock worth $879,000 after buying an additional 6,735 shares in the last quarter. Finally, Municipal Employees Retirement System of Michigan boosted its holdings in Enova International by 5.0% during the third quarter. Municipal Employees Retirement System of Michigan now owns 148,570 shares of the credit services provider’s stock worth $1,998,000 after buying an additional 7,140 shares in the last quarter. Hedge funds and other institutional investors own 97.24% of the company’s stock.
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Enova International Company Profile
Enova International, Inc is a technology and analytics company. The Company provides online financial services. As of December 31, 2016, the Company offered or arranged loans to consumers in 33 states in the United States and in the United Kingdom and Brazil. As of December 31, 2016, it also offered financing to small businesses in all 50 states and Washington DC in the United States.
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