Enova International, Inc. (NYSE:ENVA) Insider Kirk Chartier Sells 41,303 Shares of Stock

Enova International, Inc. (NYSE:ENVA) insider Kirk Chartier sold 41,303 shares of the business’s stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $60.16, for a total transaction of $2,484,788.48. Following the sale, the insider now directly owns 117,422 shares of the company’s stock, valued at approximately $7,064,107.52. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Enova International Trading Down 1.9 %

ENVA stock opened at $58.98 on Friday. The company has a debt-to-equity ratio of 2.64, a current ratio of 13.15 and a quick ratio of 13.15. The business has a 50 day simple moving average of $61.59 and a two-hundred day simple moving average of $56.00. Enova International, Inc. has a 1-year low of $35.30 and a 1-year high of $65.00. The company has a market capitalization of $1.66 billion, a price-to-earnings ratio of 10.61 and a beta of 1.52.

Enova International (NYSE:ENVA) last issued its quarterly earnings data on Tuesday, April 23rd. The credit services provider reported $1.70 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.18. Enova International had a return on equity of 15.77% and a net margin of 7.69%. The firm had revenue of $609.89 million during the quarter, compared to analyst estimates of $578.73 million. Research analysts anticipate that Enova International, Inc. will post 7.32 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ENVA. Headinvest LLC purchased a new stake in Enova International during the third quarter valued at approximately $28,000. GAMMA Investing LLC purchased a new stake in Enova International during the 4th quarter valued at $37,000. J.Safra Asset Management Corp raised its holdings in Enova International by 83.8% during the 1st quarter. J.Safra Asset Management Corp now owns 930 shares of the credit services provider’s stock valued at $58,000 after buying an additional 424 shares during the period. SG Americas Securities LLC purchased a new position in Enova International during the first quarter worth $223,000. Finally, Lazard Asset Management LLC increased its position in Enova International by 21.1% during the first quarter. Lazard Asset Management LLC now owns 3,649 shares of the credit services provider’s stock valued at $228,000 after acquiring an additional 636 shares during the last quarter. 89.43% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on ENVA shares. StockNews.com upgraded Enova International from a “hold” rating to a “buy” rating in a research report on Thursday, May 2nd. Maxim Group lifted their price objective on Enova International from $70.00 to $78.00 and gave the company a “buy” rating in a research report on Thursday, April 25th. BMO Capital Markets increased their target price on shares of Enova International from $60.00 to $62.00 and gave the stock a “market perform” rating in a report on Thursday, April 25th. Jefferies Financial Group lifted their price target on shares of Enova International from $70.00 to $75.00 and gave the company a “buy” rating in a report on Tuesday, April 9th. Finally, JMP Securities increased their price objective on shares of Enova International from $73.00 to $78.00 and gave the stock a “market outperform” rating in a research note on Wednesday, April 24th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, Enova International presently has a consensus rating of “Moderate Buy” and a consensus target price of $67.60.

About Enova International

Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, and internationally. The company provides installment loans; line of credit accounts; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs, such as marketing services and loan servicing for near-prime unsecured consumer installment loan.