Free Trial

Enova International (NYSE:ENVA) Shares Cross Below 200 Day Moving Average - What's Next?

Enova International logo with Finance background

Enova International, Inc. (NYSE:ENVA - Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $98.91 and traded as low as $95.37. Enova International shares last traded at $97.71, with a volume of 239,782 shares trading hands.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on ENVA shares. JMP Securities reaffirmed a "market outperform" rating and issued a $135.00 price target on shares of Enova International in a research note on Wednesday, April 30th. Seaport Res Ptn raised shares of Enova International to a "strong-buy" rating in a research report on Wednesday, May 14th. Finally, TD Cowen upgraded Enova International from a "hold" rating to a "buy" rating and set a $17.00 target price for the company in a report on Tuesday, April 1st. One equities research analyst has rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $111.00.

Read Our Latest Stock Report on ENVA

Enova International Stock Performance

The firm has a market cap of $2.53 billion, a P/E ratio of 11.76 and a beta of 1.45. The stock's 50-day moving average price is $94.68 and its 200 day moving average price is $98.76. The company has a debt-to-equity ratio of 3.14, a current ratio of 18.55 and a quick ratio of 18.55.

Enova International (NYSE:ENVA - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The credit services provider reported $2.98 EPS for the quarter, topping analysts' consensus estimates of $2.77 by $0.21. The company had revenue of $745.54 million during the quarter, compared to the consensus estimate of $734.14 million. Enova International had a net margin of 8.38% and a return on equity of 21.79%. The company's quarterly revenue was up 22.2% on a year-over-year basis. During the same period in the prior year, the business posted $1.91 EPS. As a group, equities analysts predict that Enova International, Inc. will post 10.31 EPS for the current year.

Insider Activity at Enova International

In other Enova International news, CEO David Fisher sold 5,000 shares of the stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of $101.75, for a total value of $508,750.00. Following the completion of the sale, the chief executive officer now owns 348,223 shares in the company, valued at $35,431,690.25. This trade represents a 1.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, General Counsel Sean Rahilly sold 9,046 shares of the business's stock in a transaction dated Monday, May 5th. The stock was sold at an average price of $95.05, for a total transaction of $859,822.30. Following the transaction, the general counsel now owns 103,842 shares in the company, valued at $9,870,182.10. This represents a 8.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 16,046 shares of company stock valued at $1,565,872. Insiders own 8.40% of the company's stock.

Institutional Investors Weigh In On Enova International

Large investors have recently added to or reduced their stakes in the business. Financial Management Professionals Inc. acquired a new position in shares of Enova International in the first quarter valued at approximately $28,000. Farther Finance Advisors LLC grew its holdings in Enova International by 672.9% in the 4th quarter. Farther Finance Advisors LLC now owns 371 shares of the credit services provider's stock valued at $36,000 after buying an additional 323 shares in the last quarter. Versant Capital Management Inc grew its holdings in Enova International by 521.3% in the 1st quarter. Versant Capital Management Inc now owns 466 shares of the credit services provider's stock valued at $45,000 after buying an additional 391 shares in the last quarter. BI Asset Management Fondsmaeglerselskab A S bought a new position in Enova International during the 1st quarter worth $56,000. Finally, Sterling Capital Management LLC lifted its holdings in shares of Enova International by 823.0% during the fourth quarter. Sterling Capital Management LLC now owns 803 shares of the credit services provider's stock worth $77,000 after buying an additional 716 shares in the last quarter. Institutional investors own 89.43% of the company's stock.

Enova International Company Profile

(Get Free Report)

Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, and internationally. The company provides installment loans; line of credit accounts; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan.

See Also

Should You Invest $1,000 in Enova International Right Now?

Before you consider Enova International, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enova International wasn't on the list.

While Enova International currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Hot Growth Stocks to Watch Right Now!
Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines