Insider Selling: Enova International, Inc. (NYSE:ENVA) CFO Sells 17,548 Shares of Stock

Enova International, Inc. (NYSE:ENVAGet Free Report) CFO Steven E. Cunningham sold 17,548 shares of the company’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $56.11, for a total transaction of $984,618.28. Following the completion of the sale, the chief financial officer now directly owns 150,025 shares of the company’s stock, valued at approximately $8,417,902.75. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Enova International Trading Up 3.0 %

NYSE ENVA traded up $1.64 during trading on Monday, hitting $57.18. The company had a trading volume of 325,599 shares, compared to its average volume of 272,246. The company has a current ratio of 10.27, a quick ratio of 12.05 and a debt-to-equity ratio of 2.37. Enova International, Inc. has a one year low of $35.30 and a one year high of $63.56. The company has a market cap of $1.71 billion, a price-to-earnings ratio of 10.43 and a beta of 1.54. The company’s fifty day moving average is $54.04 and its 200-day moving average is $49.81.

Enova International (NYSE:ENVAGet Free Report) last issued its quarterly earnings data on Tuesday, January 30th. The credit services provider reported $1.62 EPS for the quarter, topping the consensus estimate of $1.54 by $0.08. Enova International had a net margin of 8.27% and a return on equity of 15.84%. The business had revenue of $583.59 million during the quarter, compared to analyst estimates of $587.34 million. On average, sell-side analysts predict that Enova International, Inc. will post 7.35 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on ENVA. StockNews.com raised shares of Enova International from a “hold” rating to a “buy” rating in a research report on Monday, February 5th. TheStreet cut shares of Enova International from a “b” rating to a “c+” rating in a research report on Tuesday, January 30th. BMO Capital Markets increased their price target on shares of Enova International from $57.00 to $59.00 and gave the company a “market perform” rating in a research report on Wednesday, January 31st. JMP Securities increased their price target on shares of Enova International from $62.00 to $73.00 and gave the company a “market outperform” rating in a research report on Wednesday, January 31st. Finally, TD Cowen began coverage on shares of Enova International in a research report on Wednesday, November 1st. They set a “market perform” rating and a $45.00 price target for the company. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $60.00.

Get Our Latest Stock Report on Enova International

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Headinvest LLC bought a new position in shares of Enova International in the 3rd quarter worth about $28,000. GAMMA Investing LLC bought a new stake in Enova International during the 4th quarter valued at about $37,000. UniSuper Management Pty Ltd purchased a new position in Enova International in the second quarter worth about $101,000. Counterpoint Mutual Funds LLC purchased a new position in Enova International in the third quarter worth about $117,000. Finally, Lazard Asset Management LLC purchased a new position in Enova International in the third quarter worth about $181,000. 90.32% of the stock is currently owned by institutional investors.

About Enova International

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Enova International, Inc operates as a financial services company with online lending that serves small businesses and consumers who are underserved by traditional banks. The company offers 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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