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

Enova International, Inc. (NYSE:ENVA) CFO Steven E. Cunningham sold 30,590 shares of Enova International stock in a transaction dated Friday, April 26th. The shares were sold at an average price of $63.00, for a total value of $1,927,170.00. Following the transaction, the chief financial officer now owns 141,713 shares of the company’s stock, valued at approximately $8,927,919. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Enova International Trading Up 0.8 %

NYSE:ENVA opened at $61.04 on Thursday. The company has a current ratio of 13.15, a quick ratio of 13.15 and a debt-to-equity ratio of 2.64. The stock has a market capitalization of $1.72 billion, a PE ratio of 10.98 and a beta of 1.55. The firm’s 50 day moving average is $61.73 and its 200 day moving average is $54.03. Enova International, Inc. has a 12 month low of $35.30 and a 12 month high of $65.00.

Enova International (NYSE:ENVA) last posted its quarterly earnings results on Tuesday, January 30th. The credit services provider reported $1.62 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.08. The company had revenue of $583.59 million for the quarter, compared to analysts’ expectations of $587.34 million. Enova International had a net margin of 7.69% and a return on equity of 15.77%. Sell-side analysts expect that Enova International, Inc. will post 7.34 earnings per share for the current year.

Institutional Investors Weigh In On Enova International

Hedge funds have recently modified their holdings of the stock. Jackson Creek Investment Advisors LLC bought a new stake in shares of Enova International in the 3rd quarter worth approximately $928,000. Headinvest LLC bought a new stake in Enova International during the 3rd quarter valued at $28,000. Foundry Partners LLC raised its holdings in Enova International by 7.6% during the 3rd quarter. Foundry Partners LLC now owns 128,551 shares of the credit services provider’s stock valued at $6,539,000 after acquiring an additional 9,125 shares during the period. New York State Common Retirement Fund raised its holdings in Enova International by 3.8% during the 3rd quarter. New York State Common Retirement Fund now owns 59,748 shares of the credit services provider’s stock valued at $3,039,000 after acquiring an additional 2,203 shares during the period. Finally, Quantbot Technologies LP raised its holdings in Enova International by 75.1% during the 3rd quarter. Quantbot Technologies LP now owns 10,301 shares of the credit services provider’s stock valued at $524,000 after acquiring an additional 4,417 shares during the period. Institutional investors own 89.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have issued reports on ENVA. Jefferies Financial Group lifted their price target on Enova International from $70.00 to $75.00 and gave the company a “buy” rating in a research note on Tuesday, April 9th. StockNews.com raised shares of Enova International from a “hold” rating to a “buy” rating in a research report on Thursday. 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 lifted their target price on shares of Enova International from $60.00 to $62.00 and gave the stock a “market perform” rating in a research report on Thursday, April 25th. Finally, JMP Securities lifted their target price on shares of Enova International from $73.00 to $78.00 and gave the stock a “market outperform” rating in a research report on Wednesday, April 24th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $67.60.

About Enova International

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.