Enova International, Inc. (NYSE:ENVA - Get Free Report) General Counsel Sean Rahilly sold 10,000 shares of the firm's stock in a transaction that occurred on Thursday, October 29th. The shares were sold at an average price of $183.26, for a total transaction of $1,832,600.00. Following the completion of the sale, the general counsel owned 104,249 shares of the company's stock, valued at approximately $19,104,671.74. This trade represents a 8.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Enova International Price Performance
NYSE ENVA opened at $173.82 on Tuesday. The firm's fifty day simple moving average is $191.61 and its two-hundred day simple moving average is $183.82. The firm has a market capitalization of $4.25 billion, a P/E ratio of 11.98 and a beta of 1.28. The company has a current ratio of 18.92, a quick ratio of 18.91 and a debt-to-equity ratio of 3.43. Enova International, Inc. has a 12-month low of $118.31 and a 12-month high of $267.45.
Enova International (NYSE:ENVA - Get Free Report) last issued its quarterly earnings data on Thursday, October 22nd. The credit services provider reported $4.48 EPS for the quarter, beating the consensus estimate of $4.42 by $0.06. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1 billion. Enova International had a return on equity of 27.25% and a net margin of 10.47%. The business's revenue for the quarter was up 25.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.36 EPS. Analysts forecast that Enova International, Inc. will post 16.32 EPS for the current fiscal year.
Analyst Ratings Changes
Several research analysts recently issued reports on ENVA shares. Stephens upped their target price on Enova International from $215.00 to $225.00 and gave the company an "overweight" rating in a research report on Friday, October 23rd. Weiss Ratings reissued a "buy (b-)" rating on shares of Enova International in a report on Thursday, October 15th. Zacks Research lowered Enova International from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, September 16th. TD Cowen boosted their price target on Enova International from $220.00 to $224.00 and gave the stock a "buy" rating in a research note on Friday, October 23rd. Finally, Citizens Jmp upped their price objective on shares of Enova International from $215.00 to $220.00 and gave the company a "market outperform" rating in a report on Friday, October 23rd. Eight investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $239.00.
Get Our Latest Stock Analysis on Enova International
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. USA Financial Formulas acquired a new stake in shares of Enova International during the third quarter worth $30,000. McIlrath & Eck LLC purchased a new stake in shares of Enova International during the first quarter valued at $34,000. Integrated Wealth Concepts LLC acquired a new position in shares of Enova International in the 2nd quarter valued at $52,000. Pacer Advisors Inc. increased its position in shares of Enova International by 58.5% in the 1st quarter. Pacer Advisors Inc. now owns 412 shares of the credit services provider's stock valued at $56,000 after acquiring an additional 152 shares during the period. Finally, Parallel Advisors LLC increased its position in shares of Enova International by 1,503.3% in the 1st quarter. Parallel Advisors LLC now owns 481 shares of the credit services provider's stock valued at $65,000 after acquiring an additional 451 shares during the period. Hedge funds and other institutional investors own 89.43% of the company's stock.
Enova International Company Profile
(
Get Free Report)
Enova International, Inc is a financial technology company that provides online financial services to consumers and small businesses. Its offerings include consumer installment loans and lines of credit, as well as small-business financing products designed to provide access to working capital. The company serves customers who may have limited access to traditional bank credit and uses data-driven underwriting and technology-enabled platforms in its lending operations.
Enova markets its products through brands including CashNetUSA and NetCredit, which provide consumer financial services, and OnDeck, which focuses on lending to small businesses.
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