David Fisher Sells 13,314 Shares of Enova International, Inc. (NYSE:ENVA) Stock

Enova International, Inc. (NYSE:ENVA) CEO David Fisher sold 13,314 shares of Enova International stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $101.74, for a total transaction of $1,354,566.36. Following the completion of the transaction, the chief executive officer now owns 399,925 shares in the company, valued at approximately $40,688,369.50. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

David Fisher also recently made the following trade(s):

• On Friday, August 23rd, David Fisher sold 10,000 shares of Enova International stock. The stock was sold at an average price of $84.45, for a total value of $844,500.00.
• On Monday, August 19th, David Fisher sold 10,000 shares of Enova International stock. The stock was sold at an average price of $83.46, for a total value of $834,600.00.

Enova International Stock Up 1.3 %

Enova International stock opened at $100.61 on Friday. Enova International, Inc. has a twelve month low of $38.89 and a twelve month high of $102.11. The company has a debt-to-equity ratio of 2.79, a quick ratio of 15.82 and a current ratio of 15.82. The firm has a market cap of $2.64 billion, a PE ratio of 16.05 and a beta of 1.42. The firm’s 50 day moving average price is $84.86 and its two-hundred day moving average price is $73.85.

Enova International (NYSE:ENVA) last announced its quarterly earnings data on Tuesday, October 22nd. The credit services provider reported $2.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.14. The business had revenue of $689.92 million during the quarter, compared to analyst estimates of $666.33 million. Enova International had a return on equity of 18.41% and a net margin of 7.19%. Enova International’s quarterly revenue was up 25.1% compared to the same quarter last year. During the same period last year, the company earned $1.33 earnings per share. On average, research analysts predict that Enova International, Inc. will post 8.04 EPS for the current fiscal year.

Enova International announced that its Board of Directors has initiated a stock buyback plan on Monday, August 12th that permits the company to buyback $300.00 million in shares. This buyback authorization permits the credit services provider to repurchase up to 12.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.

Institutional Investors Weigh In On Enova International

Large investors have recently made changes to their positions in the company. BNP Paribas Financial Markets raised its position in Enova International by 172.5% during the first quarter. BNP Paribas Financial Markets now owns 51,781 shares of the credit services provider’s stock valued at $3,253,000 after acquiring an additional 32,779 shares in the last quarter. Smith Shellnut Wilson LLC ADV bought a new position in shares of Enova International during the 2nd quarter valued at $235,000. SG Americas Securities LLC acquired a new stake in shares of Enova International in the 1st quarter valued at $223,000. Livforsakringsbolaget Skandia Omsesidigt boosted its holdings in Enova International by 1.0% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,250 shares of the credit services provider’s stock worth $1,694,000 after purchasing an additional 200 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in Enova International by 27.6% during the second quarter. GAMMA Investing LLC now owns 855 shares of the credit services provider’s stock worth $53,000 after buying an additional 185 shares during the last quarter. Institutional investors own 89.43% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ENVA. TD Cowen lifted their price target on Enova International from $85.00 to $96.00 and gave the stock a “hold” rating in a research note on Wednesday, October 23rd. StockNews.com upgraded shares of Enova International from a “hold” rating to a “buy” rating in a report on Monday, October 21st. JMP Securities upped their price target on shares of Enova International from $103.00 to $109.00 and gave the company a “market outperform” rating in a research report on Wednesday, October 23rd. BTIG Research lifted their price objective on shares of Enova International from $90.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, October 23rd. Finally, Janney Montgomery Scott lowered Enova International from a “buy” rating to a “neutral” rating in a report on Monday, August 26th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $88.33.

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.