Enova International (NYSE:ENVA) had its price target upped by JMP Securities from $19.00 to $24.00 in a research report released on Friday, February 2nd. They currently have a market outperform rating on the credit services provider’s stock.
ENVA has been the subject of several other reports. Maxim Group reiterated a buy rating and set a $18.00 target price on shares of Enova International in a research report on Monday, October 9th. Zacks Investment Research upgraded Enova International from a hold rating to a strong-buy rating and set a $19.00 price objective for the company in a report on Friday, January 12th. ValuEngine downgraded Enova International from a strong-buy rating to a buy rating in a report on Saturday, October 21st. Jefferies Group restated a buy rating and issued a $17.00 price objective on shares of Enova International in a report on Thursday, October 12th. Finally, Stephens restated a buy rating and issued a $22.00 price objective on shares of Enova International in a report on Thursday, January 4th. Six analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of Buy and a consensus target price of $22.40.
Enova International (ENVA) opened at $20.85 on Friday. Enova International has a one year low of $11.15 and a one year high of $21.30. The company has a market cap of $683.49, a price-to-earnings ratio of 18.21 and a beta of 3.46. The company has a debt-to-equity ratio of 2.80, a quick ratio of 8.14 and a current ratio of 9.31.
Enova International (NYSE:ENVA) last released its earnings results on Thursday, February 1st. The credit services provider reported $0.26 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.03. Enova International had a return on equity of 14.11% and a net margin of 3.47%. The business had revenue of $243.69 million during the quarter, compared to the consensus estimate of $230.97 million. During the same period last year, the company earned $0.25 earnings per share. The business’s revenue for the quarter was up 20.4% compared to the same quarter last year. equities analysts anticipate that Enova International will post 1.75 EPS for the current fiscal year.
In other Enova International news, Director James A. Gray sold 25,000 shares of the business’s stock in a transaction dated Thursday, February 8th. The shares were sold at an average price of $20.07, for a total value of $501,750.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 4.50% of the company’s stock.
Institutional investors have recently made changes to their positions in the business. Tudor Investment Corp ET AL purchased a new stake in shares of Enova International during the second quarter worth about $175,000. Hartford Investment Management Co. purchased a new stake in shares of Enova International during the third quarter worth about $178,000. Crossmark Global Holdings Inc. purchased a new stake in shares of Enova International during the third quarter worth about $228,000. SG Americas Securities LLC purchased a new stake in shares of Enova International during the fourth quarter worth about $236,000. Finally, Public Employees Retirement System of Ohio grew its stake in shares of Enova International by 69.0% during the third quarter. Public Employees Retirement System of Ohio now owns 23,598 shares of the credit services provider’s stock worth $317,000 after acquiring an additional 9,637 shares during the last quarter. Institutional investors and hedge funds own 97.14% of the company’s stock.
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About Enova International
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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