Enova International (NYSE:ENVA) General Counsel Sells $1,832,600.00 in Stock

Enova International, Inc. (NYSE:ENVA) General Counsel Sean Rahilly sold 10,000 shares of Enova International stock in a transaction that occurred on Thursday, October 29th. The shares were sold at an average price of $183.26, for a total value of $1,832,600.00. Following the sale, the general counsel directly owned 104,249 shares in the company, valued at $19,104,671.74. This trade represents a 8.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Enova International Trading Up 3.2%

ENVA stock opened at $180.67 on Thursday. Enova International, Inc. has a 1-year low of $119.02 and a 1-year high of $267.45. The company has a debt-to-equity ratio of 3.43, a current ratio of 18.92 and a quick ratio of 18.91. The company has a market capitalization of $4.42 billion, a price-to-earnings ratio of 12.44 and a beta of 1.36. The business has a 50 day simple moving average of $188.88 and a two-hundred day simple moving average of $184.02.

Enova International (NYSE:ENVA) last announced its quarterly earnings data on Thursday, October 22nd. The credit services provider reported $4.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.42 by $0.06. The business had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1 billion. Enova International had a net margin of 10.47% and a return on equity of 27.25%. The company’s revenue was up 25.7% on a year-over-year basis. During the same period last year, the firm posted $3.36 EPS. Research analysts anticipate that Enova International, Inc. will post 16.32 EPS for the current fiscal year.

Hedge Funds Weigh In On Enova International

Institutional investors and hedge funds have recently modified their holdings of the stock. Ashton Thomas Private Wealth LLC grew its stake in Enova International by 2.5% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 4,274 shares of the credit services provider’s stock worth $714,000 after buying an additional 105 shares during the last quarter. Kestra Advisory Services LLC grew its position in Enova International by 2.9% during the 3rd quarter. Kestra Advisory Services LLC now owns 2,902 shares of the credit services provider’s stock worth $485,000 after purchasing an additional 83 shares during the last quarter. Prescott Group Capital Management L.L.C. grew its position in Enova International by 49.4% during the 3rd quarter. Prescott Group Capital Management L.L.C. now owns 135,898 shares of the credit services provider’s stock worth $22,710,000 after purchasing an additional 44,946 shares during the last quarter. XML Financial LLC grew its position in Enova International by 106.1% during the 3rd quarter. XML Financial LLC now owns 2,370 shares of the credit services provider’s stock worth $396,000 after purchasing an additional 1,220 shares during the last quarter. Finally, Aviance Capital Partners LLC increased its stake in Enova International by 1.7% during the 3rd quarter. Aviance Capital Partners LLC now owns 12,708 shares of the credit services provider’s stock valued at $2,124,000 after purchasing an additional 211 shares in the last quarter. Hedge funds and other institutional investors own 89.43% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on ENVA. Jefferies Financial Group reduced their price target on shares of Enova International from $300.00 to $275.00 and set a “buy” rating on the stock in a report on Wednesday, October 7th. Wall Street Zen downgraded shares of Enova International from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 22nd. Zacks Research lowered Enova International from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 16th. Maxim Group reduced their target price on Enova International from $285.00 to $220.00 and set a “buy” rating on the stock in a report on Monday, October 26th. Finally, Citizens Jmp boosted their target price on Enova International from $215.00 to $220.00 and gave the stock a “market outperform” rating in a research report on Friday, October 23rd. Eight equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Enova International has an average rating of “Moderate Buy” and a consensus target price of $239.00.

About Enova International

Enova International, Inc is a financial technology company that provides online financial services to consumers and small businesses. Its offerings include consumer installment loans and lines of credit, as well as small-business financing products designed to provide access to working capital. The company serves customers who may have limited access to traditional bank credit and uses data-driven underwriting and technology-enabled platforms in its lending operations.

Enova markets its products through brands including CashNetUSA and NetCredit, which provide consumer financial services, and OnDeck, which focuses on lending to small businesses.