Enova International (NYSE:ENVA) Issues Quarterly Earnings Results

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

Enova International Stock Up 2.1 %

Shares of NYSE ENVA traded up $2.30 on Tuesday, hitting $113.14. The company had a trading volume of 317,617 shares, compared to its average volume of 207,118. The company has a quick ratio of 15.82, a current ratio of 15.82 and a debt-to-equity ratio of 2.79. Enova International has a 12-month low of $53.17 and a 12-month high of $115.07. The business has a 50 day moving average of $103.17 and a two-hundred day moving average of $91.69. The firm has a market capitalization of $2.97 billion, a P/E ratio of 18.04 and a beta of 1.49.

Analysts Set New Price Targets

Several equities analysts recently commented on ENVA shares. StockNews.com raised shares of Enova International from a “hold” rating to a “buy” rating in a research report on Monday, October 21st. JMP Securities upped their price objective on Enova International from $103.00 to $109.00 and gave the stock a “market outperform” rating in a report on Wednesday, October 23rd. Stephens began coverage on Enova International in a report on Wednesday, November 13th. They issued an “overweight” rating and a $108.00 target price on the stock. BTIG Research upped their price target on Enova International from $90.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, October 23rd. Finally, TD Cowen raised their price objective on Enova International from $85.00 to $96.00 and gave the stock a “hold” rating in a report on Wednesday, October 23rd. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $91.14.

Insider Transactions at Enova International

In other Enova International news, CEO David Fisher sold 10,000 shares of Enova International stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $105.59, for a total transaction of $1,055,900.00. Following the sale, the chief executive officer now directly owns 369,905 shares in the company, valued at $39,058,268.95. The trade was a 2.63 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last three months, insiders have sold 33,314 shares of company stock valued at $3,465,166. Corporate insiders own 7.80% of the company’s stock.

About Enova International

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.