Enova International Inc (NYSE:ENVA) Receives $37.50 Average PT from Brokerages

Shares of Enova International Inc (NYSE:ENVA) have been given a consensus rating of “Hold” by the six analysts that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $40.00.

ENVA has been the topic of a number of research reports. Zacks Investment Research downgraded shares of Enova International from a “buy” rating to a “hold” rating in a report on Wednesday. ValuEngine upgraded shares of Enova International from a “sell” rating to a “hold” rating in a report on Thursday, April 25th.

Several institutional investors have recently bought and sold shares of the company. Geode Capital Management LLC increased its holdings in shares of Enova International by 17.9% in the 4th quarter. Geode Capital Management LLC now owns 592,531 shares of the credit services provider’s stock worth $11,530,000 after buying an additional 90,013 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Enova International by 3.0% in the 4th quarter. Bank of New York Mellon Corp now owns 472,676 shares of the credit services provider’s stock worth $9,197,000 after buying an additional 13,942 shares during the last quarter. Globeflex Capital L P increased its holdings in shares of Enova International by 1.6% in the 1st quarter. Globeflex Capital L P now owns 161,789 shares of the credit services provider’s stock worth $3,692,000 after buying an additional 2,605 shares during the last quarter. Tieton Capital Management LLC increased its holdings in shares of Enova International by 10.8% in the 1st quarter. Tieton Capital Management LLC now owns 153,350 shares of the credit services provider’s stock worth $3,499,000 after buying an additional 14,970 shares during the last quarter. Finally, 361 Capital LLC increased its holdings in shares of Enova International by 9.1% in the 1st quarter. 361 Capital LLC now owns 114,245 shares of the credit services provider’s stock worth $2,607,000 after buying an additional 9,550 shares during the last quarter. Hedge funds and other institutional investors own 95.09% of the company’s stock.

Shares of NYSE ENVA opened at $22.53 on Tuesday. The company has a debt-to-equity ratio of 2.09, a quick ratio of 5.88 and a current ratio of 5.88. The company has a market cap of $747.38 million, a P/E ratio of 9.01 and a beta of 2.49. The company has a fifty day moving average of $23.00. Enova International has a 52-week low of $17.85 and a 52-week high of $39.00.

Enova International (NYSE:ENVA) last announced its quarterly earnings results on Thursday, April 25th. The credit services provider reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.25. The company had revenue of $293.18 million for the quarter, compared to the consensus estimate of $293.66 million. Enova International had a net margin of 6.70% and a return on equity of 24.24%. Enova International’s revenue for the quarter was up 15.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.02 EPS. As a group, equities analysts anticipate that Enova International will post 3.1 earnings per share for the current fiscal year.

About Enova International

Enova International, Inc, a technology and analytics company, provides online financial services. The company offers short-term consumer loans; line of credit accounts; installment loans; receivables purchase agreements; CSO programs, including credit-related services, such as arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs comprising technology, loan servicing, and marketing services to the bank, as well as Enova Decisions, an analytics as a service that enables companies to take decisions about their customers.

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