Key Points
- Enova International Chairman David Fisher sold shares worth about $487,392, disposing of 3,076 shares at an average price of $158.45. After the sale, he still held roughly 306,444 shares valued at about $48.6 million.
- The company posted solid quarterly results, reporting adjusted earnings of $3.87 per share and revenue of $875.14 million, both above analyst expectations. Revenue rose 17.4% year over year.
- Wall Street remains broadly positive on ENVA, with analysts maintaining bullish ratings and an average price target of about $198.80. The stock was trading around $159.16, near its 52-week high of $176.68.
Enova International, Inc. (NYSE:ENVA - Get Free Report) Chairman David Fisher sold 3,076 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $158.45, for a total value of $487,392.20. Following the completion of the sale, the chairman directly owned 306,444 shares of the company's stock, valued at approximately $48,556,051.80. The trade was a 0.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
David Fisher also recently made the following trade(s):
- On Thursday, May 21st, David Fisher sold 7,180 shares of Enova International stock. The shares were sold at an average price of $160.37, for a total value of $1,151,456.60.
- On Thursday, May 7th, David Fisher sold 20,000 shares of Enova International stock. The shares were sold at an average price of $173.18, for a total value of $3,463,600.00.
Enova International Trading Up 1.0%
Shares of ENVA stock opened at $159.16 on Wednesday. The stock has a market cap of $3.96 billion, a price-to-earnings ratio of 12.89 and a beta of 1.32. The stock has a 50-day moving average of $153.81 and a 200-day moving average of $149.78. The company has a current ratio of 20.42, a quick ratio of 20.42 and a debt-to-equity ratio of 3.45. Enova International, Inc. has a 1-year low of $90.87 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 earnings per share for the quarter, beating the consensus estimate of $3.66 by $0.21. The company had revenue of $875.14 million during the quarter, compared to analysts' expectations of $854.52 million. Enova International had a return on equity of 25.89% and a net margin of 9.95%.The business's quarterly revenue was up 17.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.98 earnings per share. On average, equities research analysts forecast that Enova International, Inc. will post 15.37 earnings per share for the current year.
Wall Street Analyst Weigh In
Several brokerages recently commented on ENVA. Citizens Jmp upped their target price on Enova International from $182.00 to $195.00 and gave the company a "market outperform" rating in a research report on Friday, April 24th. Zacks Research upgraded Enova International from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 30th. Weiss Ratings restated a "buy (b-)" rating on shares of Enova International in a research report on Tuesday, April 21st. Citigroup restated an "outperform" rating on shares of Enova International in a research report on Friday, April 24th. Finally, BTIG Research restated a "buy" rating and set a $199.00 target price on shares of Enova International in a research report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the stock. According to MarketBeat, Enova International has an average rating of "Buy" and an average target price of $198.80.
Get Our Latest Report on Enova International
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its holdings in Enova International by 26.9% in 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 in the last quarter. California State Teachers Retirement System boosted its holdings in Enova International by 0.4% in the second quarter. California State Teachers Retirement System now owns 24,268 shares of the credit services provider's stock worth $2,706,000 after acquiring an additional 105 shares in the last quarter. Bessemer Group Inc. boosted its holdings in Enova International by 174.2% in 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 in the last quarter. FNY Investment Advisers LLC bought a new position in Enova International in the fourth quarter worth approximately $31,000. Finally, Kendall Capital Management boosted its holdings in Enova International by 3.9% in the fourth quarter. Kendall Capital Management now owns 5,625 shares of the credit services provider's stock worth $884,000 after acquiring an additional 210 shares in the last quarter. Institutional investors 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.
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