Enova International Inc (ENVA) Director Sells $501,750.00 in Stock

Enova International Inc (NYSE:ENVA) Director James A. Gray sold 25,000 shares of the company’s stock in a transaction that occurred on Thursday, February 8th. The shares were sold at an average price of $20.07, for a total transaction of $501,750.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Enova International Inc (NYSE ENVA) opened at $22.05 on Thursday. Enova International Inc has a 1-year low of $11.15 and a 1-year high of $22.15. The company has a market cap of $717.00, a price-to-earnings ratio of 19.11 and a beta of 3.46. The company has a current ratio of 9.31, a quick ratio of 8.14 and a debt-to-equity ratio of 2.80.

Enova International (NYSE:ENVA) last announced its earnings results on Thursday, February 1st. The credit services provider reported $0.26 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.03. Enova International had a net margin of 3.47% and a return on equity of 14.11%. The business had revenue of $243.69 million during the quarter, compared to analysts’ expectations of $230.97 million. During the same quarter in the prior year, the company posted $0.25 earnings per share. The firm’s revenue was up 20.4% on a year-over-year basis. analysts forecast that Enova International Inc will post 1.75 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. California State Teachers Retirement System boosted its holdings in Enova International by 12.3% during the second quarter. California State Teachers Retirement System now owns 58,586 shares of the credit services provider’s stock worth $870,000 after purchasing an additional 6,400 shares during the last quarter. Teachers Advisors LLC boosted its holdings in Enova International by 12.8% during the second quarter. Teachers Advisors LLC now owns 59,185 shares of the credit services provider’s stock worth $879,000 after purchasing an additional 6,735 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in Enova International by 5.0% during the third quarter. Municipal Employees Retirement System of Michigan now owns 148,570 shares of the credit services provider’s stock worth $1,998,000 after purchasing an additional 7,140 shares during the last quarter. CNA Financial Corp boosted its holdings in Enova International by 31.4% during the third quarter. CNA Financial Corp now owns 34,457 shares of the credit services provider’s stock worth $463,000 after purchasing an additional 8,232 shares during the last quarter. Finally, Rhumbline Advisers boosted its holdings in Enova International by 16.5% during the third quarter. Rhumbline Advisers now owns 66,351 shares of the credit services provider’s stock worth $892,000 after purchasing an additional 9,405 shares during the last quarter. Institutional investors and hedge funds own 97.14% of the company’s stock.

Several research firms have recently weighed in on ENVA. Zacks Investment Research upgraded shares of Enova International from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 31st. TheStreet upgraded shares of Enova International from a “d+” rating to a “c” rating in a report on Monday, October 30th. Maxim Group reiterated a “buy” rating and issued a $23.00 price target on shares of Enova International in a report on Monday, February 5th. JMP Securities upped their price target on shares of Enova International from $19.00 to $24.00 and gave the company a “market outperform” rating in a report on Friday, February 2nd. Finally, Jefferies Group reiterated a “buy” rating and issued a $24.00 price target on shares of Enova International in a report on Friday, February 2nd. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $22.40.

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Enova International Company Profile

Enova International, Inc is a technology and analytics company. The Company provides online financial services. As of December 31, 2016, the Company offered or arranged loans to consumers in 33 states in the United States and in the United Kingdom and Brazil. As of December 31, 2016, it also offered financing to small businesses in all 50 states and Washington DC in the United States.

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