Enova International (NYSE:ENVA) Director Sells $3,440,627.96 in Stock

Enova International, Inc. (NYSE:ENVA) Director James Gray sold 19,999 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $172.04, for a total transaction of $3,440,627.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Enova International Trading Up 0.8%

Shares of Enova International stock opened at $161.08 on Friday. The firm’s 50 day moving average is $156.70 and its 200 day moving average is $130.37. The firm has a market capitalization of $4.53 billion, a PE ratio of 13.91 and a beta of 1.25. Enova International, Inc. has a 1 year low of $79.41 and a 1 year high of $176.68. The company has a current ratio of 9.48, a quick ratio of 19.29 and a debt-to-equity ratio of 3.37.

Enova International (NYSE:ENVA) last announced its quarterly earnings results on Tuesday, January 27th. The credit services provider reported $3.46 EPS for the quarter, beating analysts’ consensus estimates of $3.17 by $0.29. The company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $838.59 million. Enova International had a return on equity of 25.31% and a net margin of 9.78%.Enova International’s revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the company earned $2.61 EPS. Equities research analysts forecast that Enova International, Inc. will post 10.31 earnings per share for the current fiscal year.

Enova International declared that its board has initiated a stock buyback plan on Wednesday, November 12th that permits the company to repurchase $400.00 million in shares. This repurchase authorization permits the credit services provider to buy up to 12.5% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Institutional Trading of Enova International

A number of institutional investors have recently bought and sold shares of the company. Pacer Advisors Inc. bought a new position in shares of Enova International in the 3rd quarter worth about $28,000. Bessemer Group Inc. grew its stake in Enova International by 174.2% during the third quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock worth $30,000 after purchasing an additional 162 shares during the period. FNY Investment Advisers LLC acquired a new stake in Enova International during the fourth quarter worth approximately $31,000. Strs Ohio bought a new stake in Enova International in the third quarter worth approximately $35,000. Finally, Farther Finance Advisors LLC lifted its stake in Enova International by 26.9% in the fourth quarter. Farther Finance Advisors LLC now owns 302 shares of the credit services provider’s stock valued at $47,000 after buying an additional 64 shares during the period. Institutional investors own 89.43% of the company’s stock.

Analyst Ratings Changes

ENVA has been the topic of a number of research reports. Maxim Group set a $191.00 target price on shares of Enova International in a report on Thursday, January 29th. Citizens Jmp boosted their price objective on shares of Enova International from $180.00 to $182.00 and gave the stock a “market outperform” rating in a research note on Wednesday, January 28th. JMP Securities raised their target price on Enova International from $135.00 to $149.00 and gave the stock a “market outperform” rating in a research report on Friday, October 24th. Wall Street Zen lowered Enova International from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 22nd. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Enova International in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company. According to data from MarketBeat.com, Enova International has a consensus rating of “Buy” and a consensus target price of $180.20.

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.