William Goodyear Sells 5,983 Shares of Enova International (NYSE:ENVA) Stock

Enova International, Inc. (NYSE:ENVA) Director William Goodyear sold 5,983 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $163.13, for a total transaction of $976,006.79. Following the completion of the sale, the director owned 62,757 shares in the company, valued at $10,237,549.41. This represents a 8.70% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Enova International Trading Up 5.6%

NYSE:ENVA opened at $167.80 on Friday. The company has a debt-to-equity ratio of 3.45, a quick ratio of 20.42 and a current ratio of 20.42. The firm has a market cap of $4.18 billion, a price-to-earnings ratio of 13.59 and a beta of 1.28. Enova International, Inc. has a 52 week low of $92.55 and a 52 week high of $176.68. The firm has a 50-day moving average price of $157.46 and a two-hundred day moving average price of $151.56.

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

Institutional Trading of Enova International

Several institutional investors and hedge funds have recently bought and sold shares of ENVA. EverSource Wealth Advisors LLC lifted its stake in Enova International by 350.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 450 shares of the credit services provider’s stock worth $50,000 after purchasing an additional 350 shares in the last quarter. California State Teachers Retirement System lifted its stake in Enova International by 0.4% in the 2nd quarter. California State Teachers Retirement System now owns 24,268 shares of the credit services provider’s stock worth $2,706,000 after purchasing an additional 105 shares in the last quarter. Strs Ohio purchased a new stake in Enova International in the 3rd quarter worth approximately $35,000. Bessemer Group Inc. lifted its stake in Enova International by 174.2% in the 3rd quarter. Bessemer Group Inc. now owns 255 shares of the credit services provider’s stock worth $30,000 after purchasing an additional 162 shares in the last quarter. Finally, Moloney Securities Asset Management LLC purchased a new stake in Enova International in the 3rd quarter worth approximately $289,000. 89.43% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ENVA. Maxim Group raised their price target on shares of Enova International from $191.00 to $200.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. BTIG Research restated a “buy” rating and issued a $199.00 price objective on shares of Enova International in a research note on Thursday, April 23rd. TD Cowen boosted their price objective on Enova International from $165.00 to $190.00 and gave the company a “buy” rating in a research note on Friday, April 24th. Citizens Jmp boosted their price objective on Enova International from $182.00 to $195.00 and gave the company a “market outperform” rating in a research note on Friday, April 24th. Finally, Stephens boosted their price objective 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 investment analyst has rated the stock with a Strong Buy rating and seven have issued a Buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $198.80.

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.