Enova International, Inc. (NYSE:ENVA - Get Free Report) CFO Steven E. Cunningham sold 30,590 shares of the firm's stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $63.00, for a total transaction of $1,927,170.00. Following the completion of the transaction, the chief financial officer now directly owns 141,713 shares of the company's stock, valued at approximately $8,927,919. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Enova International Stock Down 1.9 %
ENVA stock opened at $60.53 on Wednesday. The company has a current ratio of 13.15, a quick ratio of 13.15 and a debt-to-equity ratio of 2.64. Enova International, Inc. has a twelve month low of $35.30 and a twelve month high of $65.00. The company's 50 day moving average is $61.71 and its two-hundred day moving average is $53.98. The stock has a market cap of $1.64 billion, a P/E ratio of 10.89 and a beta of 1.55.
Enova International (NYSE:ENVA - Get Free Report) last released its quarterly earnings data on Tuesday, January 30th. The credit services provider reported $1.62 earnings per share for the quarter, topping analysts' consensus estimates of $1.54 by $0.08. Enova International had a net margin of 7.69% and a return on equity of 15.77%. The company had revenue of $583.59 million for the quarter, compared to analysts' expectations of $587.34 million. Research analysts expect that Enova International, Inc. will post 7.34 earnings per share for the current fiscal year.
Analyst Ratings Changes
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Several research analysts have recently commented on ENVA shares. JMP Securities raised their price objective on shares of Enova International from $73.00 to $78.00 and gave the company a "market outperform" rating in a research note on Wednesday, April 24th. Maxim Group lifted their price target on shares of Enova International from $70.00 to $78.00 and gave the stock a "buy" rating in a research note on Thursday, April 25th. TheStreet downgraded shares of Enova International from a "b" rating to a "c+" rating in a research note on Tuesday, January 30th. Jefferies Financial Group lifted their price target on shares of Enova International from $70.00 to $75.00 and gave the stock a "buy" rating in a research note on Tuesday, April 9th. Finally, BMO Capital Markets lifted their price target on shares of Enova International from $60.00 to $62.00 and gave the stock a "market perform" rating in a research note on Thursday, April 25th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Enova International presently has a consensus rating of "Moderate Buy" and a consensus target price of $67.60.
Read Our Latest Research Report on Enova International
Institutional Trading of Enova International
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ENVA. Orchard Capital Management LLC raised its holdings in Enova International by 30.0% during the fourth quarter. Orchard Capital Management LLC now owns 232,326 shares of the credit services provider's stock worth $12,862,000 after purchasing an additional 53,647 shares in the last quarter. Jackson Creek Investment Advisors LLC acquired a new stake in Enova International during the third quarter worth approximately $928,000. Campbell & CO Investment Adviser LLC acquired a new stake in Enova International during the fourth quarter worth approximately $957,000. Foundry Partners LLC increased its holdings in shares of Enova International by 7.3% in the 4th quarter. Foundry Partners LLC now owns 137,908 shares of the credit services provider's stock valued at $7,635,000 after acquiring an additional 9,357 shares during the period. Finally, Quantbot Technologies LP increased its holdings in shares of Enova International by 75.1% in the 3rd quarter. Quantbot Technologies LP now owns 10,301 shares of the credit services provider's stock valued at $524,000 after acquiring an additional 4,417 shares during the period. Institutional investors and hedge funds own 89.43% of the company's stock.
Enova International Company Profile
(
Get Free Report)
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.
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