Enova International (NYSE:ENVA) Posts Earnings Results

Enova International (NYSE:ENVA) issued its quarterly earnings data on Tuesday. The credit services provider reported $2.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.08, Zacks reports. Enova International had a return on equity of 18.41% and a net margin of 7.19%.

Enova International Stock Up 2.1 %

Shares of ENVA traded up $2.30 on Tuesday, reaching $113.14. The company’s stock had a trading volume of 317,617 shares, compared to its average volume of 207,123. Enova International has a twelve month low of $53.17 and a twelve month high of $115.07. The stock has a market capitalization of $2.97 billion, a PE ratio of 18.04 and a beta of 1.49. The company has a current ratio of 15.82, a quick ratio of 15.82 and a debt-to-equity ratio of 2.79. The firm has a fifty day moving average of $103.17 and a 200-day moving average of $91.69.

Insider Buying and Selling at Enova International

In related news, CEO David Fisher sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $105.59, for a total transaction of $1,055,900.00. Following the transaction, the chief executive officer now directly owns 369,905 shares of the company’s stock, valued at $39,058,268.95. This trade represents a 2.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last quarter, insiders sold 33,314 shares of company stock worth $3,465,166. Insiders own 7.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on ENVA shares. BTIG Research boosted their price target on shares of Enova International from $90.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Stephens started coverage on Enova International in a research note on Wednesday, November 13th. They issued an “overweight” rating and a $108.00 price objective on the stock. TD Cowen increased their target price on shares of Enova International from $85.00 to $96.00 and gave the stock a “hold” rating in a research note on Wednesday, October 23rd. StockNews.com raised shares of Enova International from a “hold” rating to a “buy” rating in a research note on Monday, October 21st. Finally, JMP Securities increased their price objective on shares of Enova International from $103.00 to $109.00 and gave the stock a “market outperform” rating in a research report on Wednesday, October 23rd. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $91.14.

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.