Enova International, Inc. (NYSE:ENVA) CFO Sells $2,997,894.50 in Stock

Enova International, Inc. (NYSE:ENVA) CFO Steven E. Cunningham sold 25,733 shares of the company’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $116.50, for a total transaction of $2,997,894.50. Following the completion of the sale, the chief financial officer now directly owns 155,855 shares of the company’s stock, valued at $18,157,107.50. The trade was a 14.17 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Enova International Stock Performance

ENVA opened at $113.92 on Tuesday. Enova International, Inc. has a 1-year low of $54.67 and a 1-year high of $117.56. The stock has a market cap of $2.99 billion, a P/E ratio of 15.31 and a beta of 1.50. The stock’s 50 day simple moving average is $103.88 and its 200 day simple moving average is $92.82. The company has a debt-to-equity ratio of 2.98, a current ratio of 9.52 and a quick ratio of 15.82.

Enova International (NYSE:ENVA) last posted its earnings results on Tuesday, February 4th. The credit services provider reported $2.37 earnings per share for the quarter, beating the consensus estimate of $2.29 by $0.08. Enova International had a return on equity of 19.94% and a net margin of 7.88%. As a group, equities analysts anticipate that Enova International, Inc. will post 9.77 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ENVA. StockNews.com raised Enova International from a “hold” rating to a “buy” rating in a research report on Monday, October 21st. TD Cowen lifted their price objective on shares of Enova International from $85.00 to $96.00 and gave the company a “hold” rating in a research report on Wednesday, October 23rd. JMP Securities upped their price objective on shares of Enova International from $125.00 to $135.00 and gave the stock a “market outperform” rating in a research report on Wednesday, February 5th. BTIG Research lifted their target price on shares of Enova International from $122.00 to $129.00 and gave the company a “buy” rating in a report on Wednesday, February 5th. Finally, Stephens increased their price target on shares of Enova International from $115.00 to $136.00 and gave the stock an “overweight” rating in a report on Wednesday, February 5th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $110.14.

Hedge Funds Weigh In On Enova International

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Foundry Partners LLC grew its position in shares of Enova International by 1.1% in the third quarter. Foundry Partners LLC now owns 122,756 shares of the credit services provider’s stock valued at $10,286,000 after purchasing an additional 1,328 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in Enova International by 28.6% during the 3rd quarter. BNP Paribas Financial Markets now owns 58,066 shares of the credit services provider’s stock valued at $4,865,000 after buying an additional 12,928 shares during the last quarter. Livforsakringsbolaget Skandia Omsesidigt increased its position in Enova International by 1.0% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,250 shares of the credit services provider’s stock worth $1,694,000 after buying an additional 200 shares in the last quarter. Quantbot Technologies LP raised its holdings in shares of Enova International by 10.2% in the third quarter. Quantbot Technologies LP now owns 14,182 shares of the credit services provider’s stock worth $1,188,000 after acquiring an additional 1,311 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in shares of Enova International in the third quarter valued at $772,000. Institutional investors and hedge funds own 89.43% of the company’s stock.

Enova International Company Profile

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.