California State Teachers Retirement System increased its stake in shares of Enova International Inc. (NYSE:ENVA) by 0.6% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 55,586 shares of the company’s stock after buying an additional 322 shares during the period. California State Teachers Retirement System owned approximately 0.17% of Enova International worth $409,000 at the end of the most recent reporting period.
Shares of Enova International Inc. (NYSE:ENVA) traded down 1.08% during trading on Thursday, hitting $9.15. The stock had a trading volume of 24,671 shares. The company has a market capitalization of $303.91 million, a price-to-earnings ratio of 11.42 and a beta of 3.43. Enova International Inc. has a 52 week low of $4.64 and a 52 week high of $13.66. The company’s 50 day moving average price is $9.48 and its 200 day moving average price is $8.03.
Enova International (NYSE:ENVA) last issued its earnings results on Thursday, July 28th. The company reported $0.25 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.03. Enova International had a return on equity of 12.25% and a net margin of 3.87%. The business earned $172.50 million during the quarter, compared to analyst estimates of $165.80 million. During the same period in the previous year, the company posted $0.33 EPS. The firm’s revenue was up 17.9% compared to the same quarter last year. Analysts predict that Enova International Inc. will post $0.93 earnings per share for the current year.
Several analysts have issued reports on the company. JMP Securities restated a “buy” rating on shares of Enova International in a research note on Thursday, June 23rd. Jefferies Group assumed coverage on Enova International in a research note on Thursday, September 1st. They issued a “buy” rating and a $12.00 price objective on the stock. Zacks Investment Research lowered Enova International from a “hold” rating to a “sell” rating in a research note on Wednesday, September 7th. Finally, FBR & Co upped their price objective on Enova International from $8.50 to $9.00 and gave the company a “market perform” rating in a research note on Friday, July 29th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $9.63.
In other Enova International news, major shareholder Cash America International Inc sold 18,597 shares of Enova International stock in a transaction dated Thursday, September 1st. The stock was sold at an average price of $9.90, for a total transaction of $184,110.30. Following the completion of the transaction, the insider now owns 424,912 shares in the company, valued at approximately $4,206,628.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Firstcash, Inc sold 33,905 shares of Enova International stock in a transaction dated Tuesday, October 11th. The shares were sold at an average price of $9.35, for a total value of $317,011.75. The disclosure for this sale can be found here. Company insiders own 1.60% of the company’s stock.
Enova International Company Profile
Enova International, Inc (Enova) is a provider of online financial services to non-prime consumers and small businesses, providing access to credit powered by its advanced analytics, technology, and online platform and services. Enova has provided over four million customers around the globe access to more than $17 billion in loans and financing.