Envela Corporation (ELA)

Market Cap	169.48M
Revenue (ttm)	165.95M
Net Income (ttm)	6.47M
Shares Out	26.07M
EPS (ttm)	0.25
PE Ratio	26.48
Forward PE	19.70
Dividend	n/a
Ex-Dividend Date	n/a

Volume	14,878
Open	6.50
Previous Close	6.49
Day's Range	6.30 - 6.50
52-Week Range	3.91 - 6.50
Beta	0.25
Analysts	Strong Buy
Price Target	7.00 (+7.69%)
Earnings Date	Nov 5, 2024

About ELA

Envela Corporation, together with its subsidiaries, operates in the re-commerce sector in the United States. The company operates through two segments, Commercial-Services and Direct-To-Consumer. It provides end-of-life asset recycling; data destruction and IT asset management; and products, services, and solutions to industrial and commercial companies, as well as operates as a re-commerce retailers of luxury hard assets. The company buys to resell or recycle luxury hard assets, including jewelry, diamonds, gemstones, fine watches, rare coins ...

• Industry: Luxury Goods
• Sector: Consumer Discretionary
• Founded: 1965
• Employees: 288
• Stock Exchange: NYSEAMERICAN
• Ticker Symbol: ELA
• Website: https://www.envela.com

Financial Performance

In 2023, Envela's revenue was $171.67 million, a decrease of -6.03% compared to the previous year's $182.69 million. Earnings were $7.15 million, a decrease of -54.44%.

Analyst Forecast

According to one analyst, the rating for ELA stock is "Strong Buy" and the 12-month stock price forecast is $7.0.

Price Target

$7.0

(7.69% upside)

Analyst Consensus: Strong Buy