Jefferies Believes Enova International Inc (ENVA) Won’t Stop Here


In a report issued on July 11, John Hecht from Jefferies reiterated a Buy rating on Enova International Inc (NYSE: ENVA), with a price target of $44. The company’s shares closed yesterday at $37.35, close to its 52-week high of $38.90.

According to TipRanks.com, Hecht is a 5-star analyst with an average return of 14.5% and a 75.5% success rate. Hecht covers the Financial sector, focusing on stocks such as Curo Group Holdings Corp, Elevate Credit Inc, and First Cash.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Enova International Inc with a $43.50 average price target, representing a 16.5% upside. In a report released yesterday, Maxim Group also maintained a Buy rating on the stock with a $43 price target.

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Based on Enova International Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $27.9 million. In comparison, last year the company had a net profit of $11.87 million.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock.

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Enova International, Inc. is a technology and analytics company, which engages in the provision of online financial services and access to credit power to non-prime consumers and small business. It offers financing products such as short-term loans, line of credit accounts, installment loans, and other financial programs.

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