Enova International (NYSE:ENVA) Director Sells $1,034,844.48 in Stock

Enova International, Inc. (NYSE:ENVA) Director William Goodyear sold 6,231 shares of Enova International stock in a transaction on Monday, May 18th. The stock was sold at an average price of $166.08, for a total transaction of $1,034,844.48. Following the transaction, the director directly owned 68,740 shares of the company’s stock, valued at $11,416,339.20. This represents a 8.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Enova International Price Performance

Shares of NYSE ENVA opened at $158.15 on Friday. The company has a quick ratio of 20.42, a current ratio of 20.42 and a debt-to-equity ratio of 3.45. The company has a market capitalization of $3.94 billion, a PE ratio of 12.81 and a beta of 1.32. The firm has a fifty day simple moving average of $152.85 and a 200 day simple moving average of $149.12. Enova International, Inc. has a twelve month low of $89.00 and a twelve month high of $176.68.

Enova International (NYSE:ENVA) last posted its quarterly earnings results on Thursday, April 23rd. The credit services provider reported $3.87 EPS for the quarter, topping analysts’ consensus estimates of $3.66 by $0.21. The business had revenue of $875.14 million during the quarter, compared to analysts’ expectations of $854.52 million. Enova International had a net margin of 9.95% and a return on equity of 25.89%. The business’s quarterly revenue was up 17.4% on a year-over-year basis. During the same period last year, the company posted $2.98 earnings per share. On average, sell-side analysts forecast that Enova International, Inc. will post 15.37 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ENVA. Bessemer Group Inc. grew its holdings in shares of Enova International by 174.2% during the third quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock valued at $30,000 after buying an additional 162 shares during the last quarter. FNY Investment Advisers LLC purchased a new position in Enova International during the fourth quarter worth about $31,000. McIlrath & Eck LLC purchased a new position in Enova International during the first quarter worth about $34,000. Strs Ohio purchased a new position in Enova International during the third quarter worth about $35,000. Finally, Farther Finance Advisors LLC boosted its holdings in Enova International by 26.9% during the fourth quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock worth $47,000 after purchasing an additional 64 shares during the last quarter. 89.43% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have commented on ENVA. TD Cowen raised their price target on shares of Enova International from $165.00 to $190.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Stephens raised their price target on shares of Enova International from $185.00 to $210.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Citigroup restated an “outperform” rating on shares of Enova International in a report on Friday, April 24th. BTIG Research restated a “buy” rating and issued a $199.00 price target on shares of Enova International in a report on Thursday, April 23rd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Enova International in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $198.80.

Enova International Company Profile

Enova International, Inc (NYSE: ENVA) is a Chicago-based financial services company specializing in online lending solutions. Since its founding in 2004, Enova has leveraged proprietary data analytics and technology platforms to underwrite and deliver short-term consumer loans, lines of credit and installment loans. Through its flagship consumer brand NetCredit, Enova provides flexible credit options designed to serve a wide range of borrowers, including those with limited or non-traditional credit histories.

In addition to its U.S.