Thursday, July 12, 2018

Somewhat Positive Press Coverage Somewhat Unlikely to Affect Enova International (ENVA) Stock Price

Media stories about Enova International (NYSE:ENVA) have been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Enova International earned a news impact score of 0.17 on Accern’s scale. Accern also assigned news headlines about the credit services provider an impact score of 47.1141156093879 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Shares of Enova International traded down $0.05, reaching $37.70, during midday trading on Tuesday, according to Marketbeat Ratings. The company’s stock had a trading volume of 1,651 shares, compared to its average volume of 340,322. The company has a quick ratio of 9.45, a current ratio of 9.45 and a debt-to-equity ratio of 2.39. Enova International has a fifty-two week low of $11.15 and a fifty-two week high of $38.15. The company has a market capitalization of $1.28 billion, a PE ratio of 32.78 and a beta of 2.84.

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Enova International (NYSE:ENVA) last posted its quarterly earnings data on Thursday, April 26th. The credit services provider reported $1.02 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.68 by $0.34. Enova International had a net margin of 4.78% and a return on equity of 20.25%. The company had revenue of $254.30 million for the quarter, compared to the consensus estimate of $231.68 million. During the same period last year, the company earned $0.41 earnings per share. The firm’s revenue was up 32.2% compared to the same quarter last year. sell-side analysts expect that Enova International will post 2.14 EPS for the current year.

A number of research analysts have weighed in on the stock. Zacks Investment Research lowered shares of Enova International from a “buy” rating to a “hold” rating in a research note on Wednesday, April 4th. TheStreet upgraded shares of Enova International from a “c” rating to a “b-” rating in a report on Friday, April 27th. JMP Securities lifted their price objective on shares of Enova International from $24.00 to $30.00 and gave the company a “market outperform” rating in a report on Friday, April 27th. Finally, Maxim Group lifted their price objective on shares of Enova International from $27.00 to $32.00 and gave the company a “buy” rating in a report on Monday, April 30th. One research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company. Enova International presently has a consensus rating of “Buy” and an average price target of $28.40.

In related news, Director James A. Gray sold 54,666 shares of the business’s stock in a transaction on Monday, May 14th. The shares were sold at an average price of $32.56, for a total transaction of $1,779,924.96. Following the transaction, the director now directly owns 38,520 shares in the company, valued at $1,254,211.20. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director James A. Gray sold 10,000 shares of the business’s stock in a transaction on Friday, May 11th. The stock was sold at an average price of $32.56, for a total transaction of $325,600.00. Following the transaction, the director now owns 38,520 shares in the company, valued at $1,254,211.20. The disclosure for this sale can be found here. Insiders sold 78,766 shares of company stock worth $2,573,645 over the last quarter. 5.60% of the stock is owned by corporate insiders.

About Enova International

Enova International, Inc, a technology and analytics company, provides online financial services. The company offers short-term consumer loans; line of credit accounts; installment loans; receivables purchase agreements; CSO programs, including credit-related services, such as arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and bank programs comprising technology, loan servicing, and marketing services to the bank, as well as Enova Decisions, an analytics as a service that enables companies to take decisions about their customers through existing tools and technologies.

Insider Buying and Selling by Quarter for Enova International (NYSE:ENVA)

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