Enova International, Inc. (NYSE:ENVA - Get Free Report) CEO Steven Cunningham sold 7,852 shares of the firm's stock in a transaction dated Tuesday, April 28th. The shares were sold at an average price of $175.50, for a total transaction of $1,378,026.00. Following the completion of the sale, the chief executive officer owned 122,945 shares of the company's stock, valued at $21,576,847.50. This trade represents a 6.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Enova International Stock Up 0.5%
Shares of NYSE ENVA opened at $169.44 on Friday. The company has a quick ratio of 20.42, a current ratio of 20.42 and a debt-to-equity ratio of 3.45. Enova International, Inc. has a 52 week low of $89.00 and a 52 week high of $176.68. The firm has a 50-day moving average price of $145.79 and a 200 day moving average price of $143.85. The stock has a market capitalization of $4.22 billion, a price-to-earnings ratio of 13.72 and a beta of 1.20.
Enova International (NYSE:ENVA - Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The credit services provider reported $3.87 EPS for the quarter, beating the consensus estimate of $3.66 by $0.21. Enova International had a net margin of 9.95% and a return on equity of 25.89%. The firm had revenue of $875.14 million during the quarter, compared to analysts' expectations of $854.52 million. During the same quarter last year, the business earned $2.98 earnings per share. The business's revenue for the quarter was up 17.4% compared to the same quarter last year. Equities research analysts anticipate that Enova International, Inc. will post 15.37 EPS for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the business. Geode Capital Management LLC increased its stake in shares of Enova International by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider's stock worth $96,095,000 after purchasing an additional 18,258 shares in the last quarter. SG Americas Securities LLC increased its stake in shares of Enova International by 2,933.1% during the 4th quarter. SG Americas Securities LLC now owns 138,975 shares of the credit services provider's stock worth $21,847,000 after purchasing an additional 134,393 shares in the last quarter. CX Institutional increased its stake in shares of Enova International by 2.7% during the 4th quarter. CX Institutional now owns 72,224 shares of the credit services provider's stock worth $11,354,000 after purchasing an additional 1,872 shares in the last quarter. CSM Advisors LLC increased its stake in shares of Enova International by 16.7% during the 3rd quarter. CSM Advisors LLC now owns 62,550 shares of the credit services provider's stock worth $7,199,000 after purchasing an additional 8,972 shares in the last quarter. Finally, Hillsdale Investment Management Inc. increased its stake in shares of Enova International by 1.8% during the 4th quarter. Hillsdale Investment Management Inc. now owns 59,860 shares of the credit services provider's stock worth $9,410,000 after purchasing an additional 1,080 shares in the last quarter. 89.43% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several analysts recently commented on the stock. Stephens raised their price objective on shares of Enova International from $185.00 to $210.00 and gave the company an "overweight" rating in a research note on Friday, April 24th. Zacks Research upgraded shares of Enova International from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 30th. Wall Street Zen cut shares of Enova International from a "strong-buy" rating to a "buy" rating in a research report on Sunday, March 15th. TD Cowen lifted their target price on shares of Enova International from $165.00 to $190.00 and gave the stock a "buy" rating in a research report on Friday, April 24th. Finally, Citigroup reissued an "outperform" rating on shares of Enova International in a research note on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $198.80.
Get Our Latest Stock Analysis on ENVA
About Enova International
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Enova International, Inc (NYSE: ENVA) is a Chicago-based financial services company specializing in online lending solutions. Since its founding in 2004, Enova has leveraged proprietary data analytics and technology platforms to underwrite and deliver short-term consumer loans, lines of credit and installment loans. Through its flagship consumer brand NetCredit, Enova provides flexible credit options designed to serve a wide range of borrowers, including those with limited or non-traditional credit histories.
In addition to its U.S.
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