Enova International, Inc. (NYSE:ENVA) Director Gregg A. Kaplan Sells 7,657 Shares

by · The Markets Daily

Enova International, Inc. (NYSE:ENVA – Get Free Report) Director Gregg A. Kaplan sold 7,657 shares of the business’s stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $87.51, for a total value of $670,064.07. Following the transaction, the director now directly owns 41,109 shares in the company, valued at approximately $3,597,448.59. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Enova International Trading Up 0.2 %

NYSE ENVA traded up $0.14 on Tuesday, reaching $87.11. The company had a trading volume of 200,501 shares, compared to its average volume of 232,855. The firm has a market cap of $2.46 billion, a price-to-earnings ratio of 15.67 and a beta of 1.43. Enova International, Inc. has a fifty-two week low of $38.89 and a fifty-two week high of $96.01. The business has a 50 day moving average of $83.23 and a two-hundred day moving average of $71.97. The company has a debt-to-equity ratio of 2.78, a current ratio of 12.07 and a quick ratio of 12.07.

Enova International (NYSE:ENVA – Get Free Report) last posted its quarterly earnings data on Tuesday, October 22nd. The credit services provider reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.31 by $0.14. The business had revenue of $689.92 million during the quarter, compared to the consensus estimate of $666.33 million. Enova International had a return on equity of 18.41% and a net margin of 7.19%. Enova International’s quarterly revenue was up 25.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.33 earnings per share. Analysts forecast that Enova International, Inc. will post 7.74 EPS for the current year.

Enova International announced that its Board of Directors has approved a share buyback plan on Monday, August 12th that permits the company to buyback $300.00 million in outstanding shares. This buyback authorization permits the credit services provider to buy up to 12.5% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on ENVA shares. BTIG Research boosted their price objective on Enova International from $90.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, October 23rd. TD Cowen boosted their price objective on Enova International from $85.00 to $96.00 and gave the stock a “hold” rating in a report on Wednesday, October 23rd. Janney Montgomery Scott cut Enova International from a “buy” rating to a “neutral” rating in a research note on Monday, August 26th. StockNews.com upgraded Enova International from a “hold” rating to a “buy” rating in a research note on Monday, October 21st. Finally, JMP Securities upped their target price on Enova International from $103.00 to $109.00 and gave the stock a “market outperform” rating in a research note on Wednesday, October 23rd. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Enova International has a consensus rating of “Moderate Buy” and an average target price of $88.33.

Read Our Latest Report on Enova International

Institutional Trading of Enova International

Institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC boosted its position in Enova International by 27.6% during the second quarter. GAMMA Investing LLC now owns 855 shares of the credit services provider’s stock valued at $53,000 after acquiring an additional 185 shares during the last quarter. USA Financial Formulas bought a new stake in Enova International during the third quarter valued at $76,000. J.Safra Asset Management Corp boosted its position in Enova International by 83.8% during the first quarter. J.Safra Asset Management Corp now owns 930 shares of the credit services provider’s stock valued at $58,000 after acquiring an additional 424 shares during the last quarter. F M Investments LLC bought a new stake in Enova International during the third quarter valued at $242,000. Finally, SG Americas Securities LLC bought a new stake in Enova International during the first quarter valued at $223,000. Institutional investors own 89.43% of the company’s stock.

Enova International Company Profile

(Get Free Report)

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.

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