Enova International (NYSE:ENVA) Stock: Insider Sean Rahilly Sells 10,000 Shares

Enova International, Inc. (NYSE:ENVA) General Counsel Sean Rahilly sold 10,000 shares of the firm’s stock in a transaction on Thursday, October 29th. The stock was sold at an average price of $183.26, for a total value of $1,832,600.00. Following the completion of the sale, the general counsel directly owned 104,249 shares of the company’s stock, valued at approximately $19,104,671.74. This trade represents a 8.75% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Enova International Stock Up 0.6%

NYSE:ENVA opened at $175.01 on Wednesday. The business’s fifty day moving average price is $190.15 and its 200 day moving average price is $183.89. The firm has a market capitalization of $4.28 billion, a price-to-earnings ratio of 11.59 and a beta of 1.36. The company has a current ratio of 18.92, a quick ratio of 18.91 and a debt-to-equity ratio of 3.43. Enova International, Inc. has a 1-year low of $119.02 and a 1-year high of $267.45.

Enova International (NYSE:ENVA) last announced its quarterly earnings data on Thursday, October 22nd. The credit services provider reported $4.48 EPS for the quarter, topping analysts’ consensus estimates of $4.42 by $0.06. Enova International had a return on equity of 27.25% and a net margin of 10.47%. The firm had revenue of $1.01 billion during the quarter, compared to analyst estimates of $1 billion. During the same period last year, the company posted $3.36 EPS. The business’s quarterly revenue was up 25.7% compared to the same quarter last year. On average, sell-side analysts forecast that Enova International, Inc. will post 16.32 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. USA Financial Formulas bought a new stake in Enova International in the third quarter worth $30,000. McIlrath & Eck LLC bought a new position in Enova International during the first quarter valued at about $34,000. Integrated Wealth Concepts LLC bought a new position in Enova International during the second quarter valued at about $52,000. Pacer Advisors Inc. raised its holdings in Enova International by 58.5% during the first quarter. Pacer Advisors Inc. now owns 412 shares of the credit services provider’s stock valued at $56,000 after buying an additional 152 shares in the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of Enova International by 1,503.3% in the first quarter. Parallel Advisors LLC now owns 481 shares of the credit services provider’s stock worth $65,000 after buying an additional 451 shares during the last quarter. Institutional investors and hedge funds own 89.43% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ENVA. Zacks Research downgraded shares of Enova International from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 16th. Maxim Group cut their target price on shares of Enova International from $285.00 to $220.00 and set a “buy” rating for the company in a research report on Monday, October 26th. Wall Street Zen lowered shares of Enova International from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 22nd. Weiss Ratings restated a “buy (b-)” rating on shares of Enova International in a report on Thursday, October 15th. Finally, Stephens boosted their price target on shares of Enova International from $215.00 to $225.00 and gave the company an “overweight” rating in a report on Friday, October 23rd. Eight analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $239.00.

Enova International Company Profile

Enova International, Inc is a financial technology company that provides online financial services to consumers and small businesses. Its offerings include consumer installment loans and lines of credit, as well as small-business financing products designed to provide access to working capital. The company serves customers who may have limited access to traditional bank credit and uses data-driven underwriting and technology-enabled platforms in its lending operations.

Enova markets its products through brands including CashNetUSA and NetCredit, which provide consumer financial services, and OnDeck, which focuses on lending to small businesses.