Key Points
- Chairman David Fisher sold 9,078 Enova shares for approximately $2.17 million at an average price of $239.16, reducing his stake by 2.88% to 306,444 shares. He also sold shares in separate transactions in August and June.
- Enova’s latest quarterly results exceeded expectations, with EPS of $4.31 versus the $3.99 consensus and revenue of $928.93 million, up 21.6% year over year.
- Analysts maintain a positive outlook, with the stock carrying a consensus “Buy” rating and a $247.83 average price target; institutional investors own 89.43% of the company.
Enova International, Inc. (NYSE:ENVA - Get Free Report) Chairman David Fisher sold 9,078 shares of the business's stock in a transaction dated Wednesday, August 26th. The stock was sold at an average price of $239.16, for a total transaction of $2,171,094.48. Following the transaction, the chairman owned 306,444 shares in the company, valued at approximately $73,289,147.04. The trade was a 2.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
David Fisher also recently made the following trade(s):
- On Tuesday, August 25th, David Fisher sold 9,491 shares of Enova International stock. The shares were sold at an average price of $244.01, for a total transaction of $2,315,898.91.
- On Wednesday, June 17th, David Fisher sold 33,060 shares of Enova International stock. The shares were sold at an average price of $199.05, for a total transaction of $6,580,593.00.
Enova International Stock Up 0.5%
NYSE ENVA opened at $237.70 on Friday. Enova International, Inc. has a twelve month low of $103.02 and a twelve month high of $267.45. The stock has a market cap of $5.92 billion, a PE ratio of 17.62 and a beta of 1.22. The firm has a 50-day simple moving average of $240.44 and a 200 day simple moving average of $185.33. The company has a debt-to-equity ratio of 3.35, a quick ratio of 18.42 and a current ratio of 18.42.
Enova International (NYSE:ENVA - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The credit services provider reported $4.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.99 by $0.32. The firm had revenue of $928.93 million for the quarter, compared to analyst estimates of $909.61 million. Enova International had a return on equity of 26.66% and a net margin of 10.31%.The company's quarterly revenue was up 21.6% compared to the same quarter last year. During the same period in the previous year, the company posted $3.23 earnings per share. On average, research analysts forecast that Enova International, Inc. will post 16.3 EPS for the current year.
Institutional Trading of Enova International
Several institutional investors have recently bought and sold shares of ENVA. EverSource Wealth Advisors LLC grew its position in Enova International by 350.0% in the second quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider's stock valued at $50,000 after acquiring an additional 350 shares during the period. California State Teachers Retirement System lifted its holdings in shares of Enova International by 0.4% during the second quarter. California State Teachers Retirement System now owns 24,268 shares of the credit services provider's stock valued at $2,706,000 after acquiring an additional 105 shares during the period. Horizon Investments LLC lifted its holdings in shares of Enova International by 5.9% during the third quarter. Horizon Investments LLC now owns 14,054 shares of the credit services provider's stock valued at $1,617,000 after acquiring an additional 789 shares during the period. Danske Bank A S acquired a new stake in shares of Enova International in the 3rd quarter valued at $991,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Enova International by 26.9% in the 4th quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider's stock valued at $47,000 after purchasing an additional 64 shares in the last quarter. Institutional investors and hedge funds own 89.43% of the company's stock.
Wall Street Analyst Weigh In
A number of research analysts recently commented on the company. Jefferies Financial Group upped their target price on Enova International from $260.00 to $280.00 and gave the company a "buy" rating in a research note on Wednesday, July 8th. Wall Street Zen downgraded shares of Enova International from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 22nd. Zacks Research raised shares of Enova International from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 29th. TD Cowen increased their price objective on shares of Enova International from $250.00 to $257.00 and gave the company a "buy" rating in a research note on Friday, July 24th. Finally, Citigroup reaffirmed a "market outperform" rating on shares of Enova International in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $247.83.
Check Out Our Latest Research Report on ENVA
Enova International Company Profile
(
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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