Linda Johnson Rice Sells 2,920 Shares of Enova International, Inc. (NYSE:ENVA) Stock

Enova International, Inc. (NYSE:ENVA) Director Linda Johnson Rice sold 2,920 shares of Enova International stock in a transaction that occurred on Wednesday, August 30th. The shares were sold at an average price of $51.38, for a total transaction of $150,029.60. Following the transaction, the director now owns 14,182 shares of the company’s stock, valued at $728,671.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Enova International Trading Up 1.1 %

NYSE:ENVA opened at $50.98 on Friday. The company has a current ratio of 13.37, a quick ratio of 13.37 and a debt-to-equity ratio of 1.84. Enova International, Inc. has a 12 month low of $28.66 and a 12 month high of $58.64. The company has a market cap of $1.57 billion, a PE ratio of 8.24 and a beta of 1.58. The company has a 50 day simple moving average of $53.34 and a two-hundred day simple moving average of $49.00.

Enova International (NYSE:ENVA) last posted its earnings results on Tuesday, July 25th. The credit services provider reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.55 by $0.02. Enova International had a net margin of 10.48% and a return on equity of 17.50%. The business had revenue of $499.43 million during the quarter, compared to the consensus estimate of $485.55 million. Research analysts forecast that Enova International, Inc. will post 7.01 earnings per share for the current year.

Institutional Investors Weigh In On Enova International

Hedge funds have recently modified their holdings of the business. Harbor Capital Advisors Inc. bought a new stake in shares of Enova International during the 2nd quarter valued at $53,000. UniSuper Management Pty Ltd bought a new stake in shares of Enova International during the 2nd quarter valued at $101,000. SG Americas Securities LLC bought a new stake in shares of Enova International during the 4th quarter valued at $188,000. Campbell & CO Investment Adviser LLC bought a new stake in shares of Enova International during the 4th quarter valued at $360,000. Finally, Lazard Asset Management LLC grew its position in shares of Enova International by 934.1% during the 4th quarter. Lazard Asset Management LLC now owns 14,818 shares of the credit services provider’s stock valued at $568,000 after acquiring an additional 13,385 shares during the period. Institutional investors own 90.32% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on ENVA. Jefferies Financial Group raised their price target on shares of Enova International from $60.00 to $63.00 in a research report on Tuesday, July 11th. StockNews.com began coverage on shares of Enova International in a research report on Thursday, August 17th. They set a “buy” rating for the company. Finally, JMP Securities reissued a “market outperform” rating and set a $70.00 price target on shares of Enova International in a research report on Wednesday, July 26th.

Enova International Company Profile

Enova International, Inc operates as a financial services company with online lending that serves small businesses and consumers who are underserved by traditional banks. The company offers 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.