Enova International (NYSE:ENVA) Director William Goodyear Sells 3,500 Shares of Stock

Enova International, Inc. (NYSE:ENVA) Director William Goodyear sold 3,500 shares of the firm’s stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $188.02, for a total value of $658,070.00. Following the transaction, the director directly owned 50,820 shares of the company’s stock, valued at $9,555,176.40. This represents a 6.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Enova International Stock Performance

Shares of Enova International stock opened at $193.49 on Wednesday. The company has a current ratio of 20.42, a quick ratio of 20.42 and a debt-to-equity ratio of 3.45. The firm has a market capitalization of $4.82 billion, a P/E ratio of 15.67 and a beta of 1.28. The business has a fifty day simple moving average of $165.15 and a two-hundred day simple moving average of $154.87. Enova International, Inc. has a 12 month low of $94.94 and a 12 month high of $193.93.

Enova International (NYSE:ENVA) last issued its quarterly earnings results on Thursday, April 23rd. The credit services provider reported $3.87 earnings per share for the quarter, beating the consensus estimate of $3.66 by $0.21. Enova International had a return on equity of 25.89% and a net margin of 9.95%.The firm had revenue of $875.14 million during the quarter, compared to the consensus estimate of $854.52 million. During the same period last year, the company earned $2.98 earnings per share. The company’s revenue was up 17.4% on a year-over-year basis. On average, equities analysts forecast that Enova International, Inc. will post 15.37 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms recently commented on ENVA. Maxim Group lifted their price objective on Enova International from $191.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Citigroup restated an “outperform” rating on shares of Enova International in a research report on Friday, April 24th. TD Cowen upped their price objective on Enova International from $165.00 to $190.00 and gave the stock a “buy” rating in a research note on Friday, April 24th. Citizens Jmp upped their price objective on Enova International from $182.00 to $195.00 and gave the stock a “market outperform” rating in a research note on Friday, April 24th. Finally, Stephens increased their price target on Enova International from $185.00 to $210.00 and gave the company an “overweight” rating in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating and seven have given a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $198.80.

Institutional Investors Weigh In On Enova International

Several hedge funds and other institutional investors have recently modified their holdings of ENVA. SG Americas Securities LLC increased its holdings in Enova International by 2,933.1% during the 4th quarter. SG Americas Securities LLC now owns 138,975 shares of the credit services provider’s stock worth $21,847,000 after purchasing an additional 134,393 shares during the period. Informed Momentum Co LLC purchased a new position in Enova International during the 4th quarter worth $6,243,000. Marshall Wace LLP purchased a new position in Enova International during the 4th quarter worth $4,412,000. Geode Capital Management LLC increased its holdings in Enova International by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 611,208 shares of the credit services provider’s stock worth $96,095,000 after purchasing an additional 18,258 shares during the period. Finally, Legato Capital Management LLC purchased a new position in Enova International during the 4th quarter worth $1,851,000. 89.43% of the stock is currently owned by hedge funds and other institutional investors.

About Enova International

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.