Enova International, Inc. (NYSE:ENVA) CFO Steven E. Cunningham Sells 30,590 Shares of Stock

Enova International, Inc. (NYSE:ENVA) CFO Steven E. Cunningham sold 30,590 shares of the stock in a transaction on Friday, April 26th. The stock was 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 of the company’s stock, valued at $8,927,919. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Enova International Stock Performance

ENVA opened at $60.53 on Wednesday. The stock has a market capitalization of $1.64 billion, a price-to-earnings ratio of 10.89 and a beta of 1.55. The company has a fifty day moving average of $61.71 and a 200 day moving average of $53.98. Enova International, Inc. has a fifty-two week low of $35.30 and a fifty-two week high of $65.00. The company has a debt-to-equity ratio of 2.64, a quick ratio of 13.15 and a current ratio of 13.15.

Enova International (NYSE:ENVA) last released its quarterly earnings data on Tuesday, January 30th. The credit services provider reported $1.62 EPS for the quarter, beating the consensus estimate of $1.54 by $0.08. Enova International had a net margin of 7.69% and a return on equity of 15.77%. The business had revenue of $583.59 million during the quarter, compared to analyst estimates of $587.34 million. As a group, sell-side analysts forecast that Enova International, Inc. will post 7.34 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Enova International

Institutional investors have recently bought and sold shares of the business. Headinvest LLC bought a new position in Enova International during the third quarter valued at $28,000. GAMMA Investing LLC bought a new position in Enova International during the fourth quarter valued at $37,000. Handelsbanken Fonder AB bought a new position in Enova International during the fourth quarter valued at $216,000. Quantbot Technologies LP lifted its position in Enova International by 75.1% during the third quarter. Quantbot Technologies LP now owns 10,301 shares of the credit services provider’s stock valued at $524,000 after purchasing an additional 4,417 shares during the last quarter. Finally, Jackson Creek Investment Advisors LLC bought a new position in Enova International during the third quarter valued at $928,000. Institutional investors own 89.43% of the company’s stock.

Wall Street Analysts Forecast Growth

ENVA has been the subject of a number of analyst reports. Jefferies Financial Group increased their price objective on shares of Enova International from $70.00 to $75.00 and gave the stock a “buy” rating in a research note on Tuesday, April 9th. BMO Capital Markets increased their price objective on shares of Enova International from $60.00 to $62.00 and gave the stock a “market perform” rating in a research note on Thursday, April 25th. StockNews.com cut shares of Enova International from a “buy” rating to a “hold” rating in a research note on Wednesday, April 24th. JMP Securities raised their target price on shares of Enova International from $73.00 to $78.00 and gave the company a “market outperform” rating in a research note on Wednesday, April 24th. Finally, TheStreet cut shares of Enova International from a “b” rating to a “c+” rating in a research note on Tuesday, January 30th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, Enova International currently has an average rating of “Moderate Buy” and a consensus price target of $67.60.

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.