James Joseph Lee Sells 478 Shares of Enova International, Inc. (NYSE:ENVA) Stock

Key Points

• James Joseph Lee, the Chief Accounting Officer of Enova International, sold 478 shares of the company's stock at an average price of $105.61, resulting in a 2.36% decrease in his position.
• Enova International's stock saw a 0.1% decline to $104.54 as of Thursday, with trading volume exceeding its average.
• The company reported earnings per share of $3.23 for the last quarter, surpassing estimates, and generated $764.04 million in revenue, a 21.6% increase year-over-year.

Enova International, Inc. (NYSE:ENVA - Get Free Report) CAO James Joseph Lee sold 478 shares of the stock in a transaction dated Tuesday, July 29th. The stock was sold at an average price of $105.61, for a total transaction of $50,481.58. Following the transaction, the chief accounting officer directly owned 19,751 shares in the company, valued at $2,085,903.11. The trade was a 2.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Enova International Stock Down 0.1%

Shares of ENVA traded down $0.05 during mid-day trading on Thursday, reaching $104.54. The company's stock had a trading volume of 370,123 shares, compared to its average volume of 276,171. The company has a market cap of $2.61 billion, a price-to-earnings ratio of 11.10 and a beta of 1.48. The business has a fifty day moving average of $104.11 and a 200 day moving average of $101.22. Enova International, Inc. has a 1 year low of $72.43 and a 1 year high of $119.06. The company has a quick ratio of 18.55, a current ratio of 18.15 and a debt-to-equity ratio of 3.23.

Enova International (NYSE:ENVA - Get Free Report) last issued its quarterly earnings results on Thursday, July 24th. The credit services provider reported $3.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.00 by $0.23. Enova International had a return on equity of 23.33% and a net margin of 8.75%. The company had revenue of $764.04 million for the quarter, compared to the consensus estimate of $756.69 million. During the same period last year, the business posted $2.21 earnings per share. The firm's revenue was up 21.6% compared to the same quarter last year. As a group, analysts forecast that Enova International, Inc. will post 10.31 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of ENVA. Financial Management Professionals Inc. acquired a new stake in Enova International during the 1st quarter worth $28,000. Versant Capital Management Inc grew its holdings in Enova International by 521.3% during the 1st quarter. Versant Capital Management Inc now owns 466 shares of the credit services provider's stock worth $45,000 after acquiring an additional 391 shares during the period. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in Enova International during the 1st quarter worth $56,000. Sterling Capital Management LLC grew its holdings in Enova International by 823.0% during the 4th quarter. Sterling Capital Management LLC now owns 803 shares of the credit services provider's stock worth $77,000 after acquiring an additional 716 shares during the period. Finally, GAMMA Investing LLC grew its holdings in Enova International by 56.5% during the 1st quarter. GAMMA Investing LLC now owns 1,729 shares of the credit services provider's stock worth $167,000 after acquiring an additional 624 shares during the period. Institutional investors own 89.43% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Seaport Res Ptn upgraded Enova International to a "strong-buy" rating in a research note on Wednesday, May 14th. JMP Securities restated a "market outperform" rating and issued a $135.00 target price on shares of Enova International in a research report on Wednesday, April 30th. One research analyst has rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $111.00.

About Enova International

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.

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