Enova International, Inc. (NYSE:ENVA - Get Free Report) CFO Steven E. Cunningham sold 30,590 shares of the firm's stock in a transaction that occurred on Friday, April 26th. The shares were sold at an average price of $63.00, for a total transaction of $1,927,170.00. Following the completion of the sale, the chief financial officer now directly owns 141,713 shares in the company, valued at approximately $8,927,919. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Enova International Stock Performance
Shares of Enova International stock traded down $1.20 on Tuesday, hitting $60.53. The stock had a trading volume of 346,069 shares, compared to its average volume of 262,959. The company's 50 day moving average price is $61.71 and its 200 day moving average price is $53.98. The stock has a market cap of $1.64 billion, a price-to-earnings ratio of 10.89 and a beta of 1.55. The company has a current ratio of 13.15, a quick ratio of 13.15 and a debt-to-equity ratio of 2.64. Enova International, Inc. has a 52-week low of $35.30 and a 52-week high of $65.00.
Enova International (NYSE:ENVA - Get Free Report) last issued its quarterly earnings data on Tuesday, January 30th. The credit services provider reported $1.62 earnings per share for the quarter, beating analysts' consensus estimates of $1.54 by $0.08. The company had revenue of $583.59 million during the quarter, compared to analysts' expectations of $587.34 million. Enova International had a return on equity of 15.77% and a net margin of 7.69%. On average, research analysts anticipate that Enova International, Inc. will post 7.34 EPS for the current year.
Hedge Funds Weigh In On Enova International
Institutional investors have recently modified their holdings of the business. Headinvest LLC purchased a new position in Enova International during the 3rd quarter worth $28,000. GAMMA Investing LLC purchased a new position in shares of Enova International during the fourth quarter worth about $37,000. Handelsbanken Fonder AB purchased a new position in shares of Enova International during the fourth quarter worth about $216,000. Quantbot Technologies LP increased its position in Enova International by 75.1% in the 3rd quarter. Quantbot Technologies LP now owns 10,301 shares of the credit services provider's stock valued at $524,000 after acquiring an additional 4,417 shares during the period. Finally, Jackson Creek Investment Advisors LLC purchased a new stake in Enova International during the 3rd quarter valued at approximately $928,000. 89.43% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on ENVA. StockNews.com downgraded shares of Enova International from a "buy" rating to a "hold" rating in a research note on Wednesday, April 24th. BMO Capital Markets upped their price objective on Enova International from $60.00 to $62.00 and gave the stock a "market perform" rating in a research report on Thursday, April 25th. Maxim Group raised their target price on Enova International from $70.00 to $78.00 and gave the stock a "buy" rating in a research report on Thursday, April 25th. JMP Securities upped their price target on Enova International from $73.00 to $78.00 and gave the company a "market outperform" rating in a report on Wednesday, April 24th. Finally, Jefferies Financial Group raised their price objective on shares of Enova International from $70.00 to $75.00 and gave the stock a "buy" rating in a report on Tuesday, April 9th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $67.60.
Read Our Latest Report on ENVA
About Enova International
(
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
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 "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.
Get This Free Report
