Enova International Inc (NYSE:ENVA) Director Mark Mcgowan purchased 500 shares of Enova International stock in a transaction on Thursday, August 8th. The stock was bought at an average cost of $26.60 per share, with a total value of $13,300.00. Following the transaction, the director now directly owns 19,280 shares of the company’s stock, valued at $512,848. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
ENVA traded down $0.37 on Monday, hitting $25.93. 84,362 shares of the stock traded hands, compared to its average volume of 353,301. Enova International Inc has a 52 week low of $17.85 and a 52 week high of $36.75. The company has a quick ratio of 5.37, a current ratio of 5.37 and a debt-to-equity ratio of 1.93. The company has a market cap of $898.61 million, a price-to-earnings ratio of 11.18 and a beta of 2.42. The business has a fifty day moving average of $23.54.
Enova International (NYSE:ENVA) last issued its quarterly earnings results on Thursday, July 25th. The credit services provider reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.17. Enova International had a return on equity of 24.84% and a net margin of 7.09%. The firm had revenue of $285.70 million for the quarter, compared to analyst estimates of $281.54 million. During the same period in the previous year, the company posted $0.59 earnings per share. The company’s quarterly revenue was up 12.8% compared to the same quarter last year. On average, research analysts forecast that Enova International Inc will post 3.36 earnings per share for the current fiscal year.
A number of institutional investors and hedge funds have recently modified their holdings of ENVA. Emerald Mutual Fund Advisers Trust acquired a new position in Enova International during the 1st quarter worth $1,894,000. Seizert Capital Partners LLC purchased a new position in Enova International during the 1st quarter worth approximately $1,371,000. Systematic Financial Management LP acquired a new stake in shares of Enova International during the 2nd quarter worth approximately $877,000. U S Global Investors Inc. acquired a new stake in Enova International in the 1st quarter valued at $650,000. Finally, Alps Advisors Inc. acquired a new stake in Enova International in the 1st quarter valued at $381,000. Hedge funds and other institutional investors own 95.53% of the company’s stock.
ENVA has been the subject of a number of analyst reports. ValuEngine raised Enova International from a “strong sell” rating to a “sell” rating in a research report on Monday, July 29th. Zacks Investment Research raised Enova International from a “hold” rating to a “strong-buy” rating and set a $31.00 price target for the company in a research report on Wednesday, July 31st. Finally, Maxim Group set a $40.00 price target on Enova International and gave the stock a “buy” rating in a research report on Friday, July 26th. One investment analyst has rated the stock with a sell rating, two have given a buy rating and one has issued a strong buy rating to the stock. Enova International currently has a consensus rating of “Buy” and an average target price of $35.33.
Enova International Company Profile
Enova International, Inc, a technology and analytics company, provides online financial services. The company offers short-term consumer loans; line of credit accounts; installment loans; receivables purchase agreements; CSO programs, including credit-related services, such as arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs comprising technology, loan servicing, and marketing services to the bank, as well as Enova Decisions, an analytics as a service that enables companies to take decisions about their customers.
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