Enova International Inc (ENVA) Given Average Rating of “Hold” by Brokerages
Shares of Enova International Inc (NYSE:ENVA) have been assigned an average recommendation of “Hold” from the six brokerages that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $40.00.
A number of research analysts have weighed in on the company. Zacks Investment Research lowered Enova International from a “buy” rating to a “hold” rating in a report on Wednesday, April 3rd. ValuEngine cut Enova International from a “hold” rating to a “sell” rating in a research report on Tuesday, March 12th. TheStreet upgraded Enova International from a “c+” rating to a “b-” rating in a research report on Friday, February 15th. Finally, Maxim Group restated a “buy” rating and issued a $40.00 price target (down previously from $43.00) on shares of Enova International in a research report on Friday, February 1st.
In related news, COO Gregory T. Zeeman sold 10,000 shares of the stock in a transaction dated Monday, March 11th. The stock was sold at an average price of $24.23, for a total transaction of $242,300.00. Following the completion of the sale, the chief operating officer now owns 173,817 shares in the company, valued at $4,211,585.91. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Gregory T. Zeeman sold 25,000 shares of the stock in a transaction dated Thursday, March 14th. The stock was sold at an average price of $24.37, for a total value of $609,250.00. Following the sale, the chief operating officer now owns 168,817 shares of the company’s stock, valued at approximately $4,114,070.29. The disclosure for this sale can be found here. Insiders have sold 43,300 shares of company stock valued at $1,052,825 in the last quarter. 7.10% of the stock is currently owned by company insiders.
ENVA stock traded up $0.06 during mid-day trading on Thursday, reaching $23.72. 1,075 shares of the company traded hands, compared to its average volume of 268,391. The company has a quick ratio of 8.13, a current ratio of 8.13 and a debt-to-equity ratio of 2.47. The firm has a market capitalization of $797.11 million, a PE ratio of 10.25 and a beta of 2.36. Enova International has a 52-week low of $17.85 and a 52-week high of $39.00.
Enova International (NYSE:ENVA) last posted its earnings results on Thursday, January 31st. The credit services provider reported $0.52 earnings per share for the quarter, meeting the Zacks’ consensus estimate of $0.52. The business had revenue of $312.60 million during the quarter, compared to analyst estimates of $303.64 million. Enova International had a return on equity of 24.19% and a net margin of 6.29%. On average, equities research analysts anticipate that Enova International will post 2.81 EPS for the current fiscal year.
Enova International Company Profile
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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