David Fisher Sells 10,000 Shares of Enova International, Inc. (NYSE:ENVA) Stock

Enova International, Inc. (NYSE:ENVA) CEO David Fisher sold 10,000 shares of the stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $105.47, for a total value of $1,054,700.00. Following the sale, the chief executive officer now directly owns 389,925 shares in the company, valued at $41,125,389.75. This trade represents a 2.50 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

• On Wednesday, November 6th, David Fisher sold 13,314 shares of Enova International stock. The stock was sold at an average price of $101.74, for a total value of $1,354,566.36.

Enova International Stock Down 0.0 %

Enova International stock opened at $105.51 on Friday. The business’s 50-day simple moving average is $91.66 and its two-hundred day simple moving average is $78.10. 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 company has a market cap of $2.77 billion, a PE ratio of 16.83 and a beta of 1.42. Enova International, Inc. has a fifty-two week low of $40.89 and a fifty-two week high of $108.15.

Enova International (NYSE:ENVA) last issued its quarterly earnings results on Tuesday, October 22nd. The credit services provider reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.31 by $0.14. Enova International had a net margin of 7.19% and a return on equity of 18.41%. The company had revenue of $689.92 million for the quarter, compared to the consensus estimate of $666.33 million. During the same quarter in the prior year, the company earned $1.33 EPS. Enova International’s quarterly revenue was up 25.1% on a year-over-year basis. Equities analysts anticipate that Enova International, Inc. will post 8.04 EPS for the current year.

Enova International announced that its board has approved a stock repurchase plan on Monday, August 12th that allows the company to repurchase $300.00 million in outstanding shares. This repurchase authorization allows the credit services provider to repurchase up to 12.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

Institutional Investors Weigh In On Enova International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BNP Paribas Financial Markets boosted its stake in shares of Enova International by 28.6% in the third quarter. BNP Paribas Financial Markets now owns 58,066 shares of the credit services provider’s stock worth $4,865,000 after buying an additional 12,928 shares during the last quarter. Quantbot Technologies LP boosted its position in Enova International by 10.2% in the 3rd quarter. Quantbot Technologies LP now owns 14,182 shares of the credit services provider’s stock worth $1,188,000 after purchasing an additional 1,311 shares in the last quarter. Foundry Partners LLC grew its stake in shares of Enova International by 1.1% during the 3rd quarter. Foundry Partners LLC now owns 122,756 shares of the credit services provider’s stock worth $10,286,000 after purchasing an additional 1,328 shares during the period. F M Investments LLC purchased a new position in shares of Enova International during the 3rd quarter valued at approximately $242,000. Finally, Livforsakringsbolaget Skandia Omsesidigt lifted its stake in shares of Enova International by 1.0% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,250 shares of the credit services provider’s stock valued at $1,694,000 after purchasing an additional 200 shares during the period. 89.43% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ENVA has been the subject of several analyst reports. BTIG Research increased their price target on shares of Enova International from $90.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, October 23rd. TD Cowen increased their target price on shares of Enova International from $85.00 to $96.00 and gave the company a “hold” rating in a research report on Wednesday, October 23rd. Stephens initiated coverage on shares of Enova International in a report on Wednesday, November 13th. They issued an “overweight” rating and a $108.00 price target on the stock. Janney Montgomery Scott lowered Enova International from a “buy” rating to a “neutral” rating in a report on Monday, August 26th. Finally, StockNews.com upgraded Enova International from a “hold” rating to a “buy” rating in a research note on Monday, October 21st. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $91.14.

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.