Enova International, Inc. (NYSE: SENDget rating) shares broke below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $35.27 and traded as low as $33.87. Shares of Enova International last traded at $34.24, with a volume of 146,221 shares traded.

Wall Street analyst thinks

Separately, JMP Securities lowered its price target on Enova International to $42.00 from $54.00 and set an “outperform market” rating on the stock in a report on Friday, July 15.

Enova International shares fall 1.1%

The company has a current ratio of 13.45, a quick ratio of 14.64, and a debt-to-equity ratio of 1.66. The company has a market cap of $1.1 billion, a P/E ratio of 5.99, and a beta of 1.44. The stock has a 50-day moving average of $30.79 and a 200-day moving average of $35.27.

Nova International (NYSE: SENDget rating) last published its quarterly earnings results on Thursday, July 28. The credit service provider reported earnings per share of $1.64 for the quarter, beating analyst consensus estimates of $1.48 by $0.16. Enova International had a return on equity of 19.31% and a net margin of 13.88%. The business had revenue of $407.90 million for the quarter, compared to the consensus estimate of $405.15 million. During the same quarter of the prior year, the company posted earnings per share of $2.16. Enova International’s revenue for the quarter increased 54.1% compared to the same quarter last year. As a group, sell-side analysts expect Enova International, Inc. to post 6.05 EPS for the current year.

Institutional entrances and exits

Several institutional investors and hedge funds have recently changed their holdings in the business. Orchard Capital Management LLC increased its holding in Enova International stock by 3.1% during the first quarter. Orchard Capital Management LLC now owns 331,175 shares of the credit services provider valued at $12,575,000 after buying an additional 10,100 shares last quarter. Denali Advisors LLC increased its stake in Enova International by 4.1% in the second quarter. Denali Advisors LLC now owns 75,553 shares of the credit service provider valued at $2,177,000 after purchasing an additional 3,000 shares last quarter. The New York State Common Retirement Fund increased its stake in Enova International by 10.0% in the first quarter. The New York State Common Retirement Fund now owns 69,421 shares of the credit services provider valued at $2,636,000 after purchasing an additional 6,326 shares last quarter. Assetmark Inc. increased its stake in Enova International by 8.4% in the second quarter. Assetmark Inc. now owns 55,694 shares of the credit services provider valued at $1,605,000 after buying an additional 4,337 shares last quarter. Finally, Comerica Bank increased its stake in Enova International by 51.7% in the first quarter. Comerica Bank now owns 49,316 shares of the credit services provider valued at $1,937,000 after buying an additional 16,805 shares last quarter. Hedge funds and other institutional investors own 91.90% of the company’s shares.

About Enova International

(get rating)

Enova International, Inc, a technology and analytics company, provides online financial services in the United States, Brazil, Australia, and Canada. The company offers installment loans; line of credit accounts; accounts receivable purchase agreements; CSO programs, including arranging loans with independent third-party lenders and assisting in the preparation of loan applications and loan documents; and banking programs, such as marketing services and loan servicing for near prime unsecured consumer installment loans.

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