A number of other equities analysts also recently commented on the stock. Zacks Investment Research downgraded shares of Enova International from a hold rating to a sell rating in a research note on Wednesday, September 7th. FBR & Co boosted their price objective on shares of Enova International from $8.50 to $9.00 and gave the stock a market perform rating in a research note on Friday, July 29th. Finally, Jefferies Group initiated coverage on shares of Enova International in a research note on Thursday, September 1st. They issued a buy rating and a $12.00 price objective for the company. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of Hold and an average price target of $9.63.
Enova International (NYSE:ENVA) opened at 9.25 on Monday. The company has a market cap of $307.23 million, a price-to-earnings ratio of 11.55 and a beta of 3.43. Enova International has a 52-week low of $4.64 and a 52-week high of $13.66. The company’s 50-day moving average price is $9.48 and its 200-day moving average price is $8.03.
Enova International (NYSE:ENVA) last issued its quarterly earnings data on Thursday, July 28th. The company reported $0.25 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.03. The company earned $172.50 million during the quarter, compared to the consensus estimate of $165.80 million. Enova International had a net margin of 3.87% and a return on equity of 12.25%. Enova International’s revenue for the quarter was up 17.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.33 earnings per share. Equities research analysts expect that Enova International will post $0.93 EPS for the current fiscal year.
In other news, major shareholder Firstcash, Inc sold 84,560 shares of the business’s stock in a transaction on Friday, September 9th. The shares were sold at an average price of $9.42, for a total transaction of $796,555.20. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, major shareholder Cash America International Inc sold 16,872 shares of the business’s stock in a transaction on Wednesday, August 3rd. The shares were sold at an average price of $9.08, for a total transaction of $153,197.76. The disclosure for this sale can be found here. Insiders own 1.60% of the company’s stock.
Several large investors have recently made changes to their positions in the stock. Metropolitan Life Insurance Co. NY bought a new stake in shares of Enova International during the second quarter worth $142,000. Arizona State Retirement System raised its stake in shares of Enova International by 1.5% in the second quarter. Arizona State Retirement System now owns 13,964 shares of the company’s stock worth $103,000 after buying an additional 200 shares during the period. Parametric Portfolio Associates LLC raised its stake in shares of Enova International by 11.3% in the second quarter. Parametric Portfolio Associates LLC now owns 252,691 shares of the company’s stock worth $1,860,000 after buying an additional 25,754 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of Enova International by 1.3% in the second quarter. Thrivent Financial for Lutherans now owns 121,507 shares of the company’s stock worth $894,000 after buying an additional 1,610 shares during the period. Finally, Rhumbline Advisers raised its stake in shares of Enova International by 8.2% in the second quarter. Rhumbline Advisers now owns 36,430 shares of the company’s stock worth $268,000 after buying an additional 2,774 shares during the period. 63.74% of the stock is currently owned by hedge funds and other institutional investors.
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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