Bank of New York Mellon Corp cut its position in shares of Enova International Inc. (NYSE:ENVA) by 9.8% during the second quarter, Holdings Channel reports. The fund owned 351,765 shares of the company’s stock after selling 38,415 shares during the period. Bank of New York Mellon Corp owned about 1.06% of Enova International worth $2,589,000 as of its most recent SEC filing.
Shares of Enova International Inc. (NYSE:ENVA) traded down 1.03% during mid-day trading on Monday, hitting $9.58. The company had a trading volume of 65,478 shares. The firm has a 50-day moving average of $9.46 and a 200-day moving average of $7.85. The company has a market cap of $318.19 million, a PE ratio of 11.96 and a beta of 3.42. Enova International Inc. has a 12 month low of $4.64 and a 12 month high of $13.66.
Enova International (NYSE:ENVA) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.25 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.22 by $0.03. Enova International had a return on equity of 12.25% and a net margin of 3.87%. The firm had revenue of $172.50 million for the quarter, compared to analyst estimates of $165.80 million. During the same quarter in the prior year, the company posted $0.33 earnings per share. Enova International’s quarterly revenue was up 17.9% on a year-over-year basis. On average, analysts expect that Enova International Inc. will post $0.93 EPS for the current year.
A number of brokerages have issued reports on ENVA. Zacks Investment Research raised Enova International from a “sell” rating to a “hold” rating in a research note on Wednesday, September 28th. JMP Securities set a $11.50 target price on Enova International and gave the stock a “market outperform” rating in a research note on Tuesday, September 13th. Jefferies Group began coverage on Enova International in a research note on Thursday, September 1st. They issued a “buy” rating and a $12.00 target price for the company. Finally, FBR & Co raised their target price on Enova International from $8.50 to $9.00 and gave the stock a “market perform” rating in a research note on Friday, July 29th. Four equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $9.63.
In other Enova International news, major shareholder Cash America International Inc sold 18,597 shares of the business’s stock in a transaction on Thursday, September 1st. The stock was sold at an average price of $9.90, for a total transaction of $184,110.30. Following the sale, the insider now directly owns 424,912 shares in the company, valued at $4,206,628.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder Firstcash, Inc sold 104,446 shares of the business’s stock in a transaction on Friday, September 30th. The stock was sold at an average price of $9.77, for a total value of $1,020,437.42. The disclosure for this sale can be found here. Company insiders own 1.60% of the company’s stock.
Enova International Company Profile
Enova International, Inc (Enova) is a provider of online financial services to non-prime consumers and small businesses, providing access to credit powered by its advanced analytics, technology, and online platform and services. Enova has provided over four million customers around the globe access to more than $17 billion in loans and financing.
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