Key Points
- Enova International Chairman David Fisher sold 20,000 shares on May 7 at an average price of $173.18, totaling $3.46 million. After the sale, he still owned 306,444 shares worth about $53.1 million.
- The company beat quarterly expectations in its latest earnings report, posting EPS of $3.87 versus $3.66 expected and revenue of $875.14 million versus $854.52 million anticipated. Revenue rose 17.4% year over year.
- Analysts remain bullish on ENVA, with a consensus rating of “Buy” and an average price target of $198.80. Recent firms including TD Cowen and Maxim Group also raised their targets.
Enova International, Inc. (NYSE:ENVA - Get Free Report) Chairman David Fisher sold 20,000 shares of the company's stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $173.18, for a total transaction of $3,463,600.00. Following the completion of the transaction, the chairman directly owned 306,444 shares of the company's stock, valued at approximately $53,069,971.92. The trade was a 6.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
David Fisher also recently made the following trade(s):
- On Wednesday, February 18th, David Fisher sold 7,143 shares of Enova International stock. The shares were sold at an average price of $149.49, for a total transaction of $1,067,807.07.
Enova International Stock Performance
NYSE:ENVA opened at $168.99 on Tuesday. The company has a debt-to-equity ratio of 3.45, a current ratio of 20.42 and a quick ratio of 20.42. The firm has a 50-day moving average of $148.71 and a two-hundred day moving average of $146.53. The stock has a market cap of $4.21 billion, a P/E ratio of 13.68 and a beta of 1.32. Enova International, Inc. has a 1-year low of $89.00 and a 1-year high of $176.68.
Enova International (NYSE:ENVA - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The credit services provider reported $3.87 EPS for the quarter, topping 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 business had revenue of $875.14 million for the quarter, compared to analysts' expectations of $854.52 million. During the same quarter last year, the company posted $2.98 earnings per share. The company's quarterly revenue was up 17.4% compared to the same quarter last year. On average, research analysts expect that Enova International, Inc. will post 15.37 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several brokerages have recently commented on ENVA. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Enova International in a research report on Tuesday, April 21st. Citigroup reaffirmed an "outperform" rating on shares of Enova International in a research report on Friday, April 24th. TD Cowen increased their price target 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. Zacks Research raised shares of Enova International from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 30th. Finally, Maxim Group increased their price target on shares of Enova International from $191.00 to $200.00 and gave the stock a "buy" rating in a research report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $198.80.
View Our Latest Report on Enova International
Institutional Investors Weigh In On Enova International
Institutional investors and hedge funds have recently bought and sold shares of the business. FNY Investment Advisers LLC acquired a new stake in Enova International during the fourth quarter worth about $31,000. Bessemer Group Inc. raised its stake in Enova International by 174.2% during the third quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider's stock worth $30,000 after acquiring an additional 162 shares during the period. Strs Ohio acquired a new stake in Enova International during the third quarter worth about $35,000. Farther Finance Advisors LLC raised its stake in Enova International by 26.9% during the fourth quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider's stock worth $47,000 after acquiring an additional 64 shares during the period. Finally, EverSource Wealth Advisors LLC raised its stake in Enova International by 350.0% during the second quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider's stock worth $50,000 after acquiring an additional 350 shares during the period. Institutional investors and hedge funds own 89.43% of the company's stock.
About Enova International
(
Get Free Report)
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.
Further Reading
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