Envela Corporation (ELA)
| Market Cap | 133.68M |
| Revenue (ttm) | 162.89M |
| Net Income (ttm) | 10.69M |
| Shares Out | 26.92M |
| EPS (ttm) | 0.40 |
| PE Ratio | 12.51 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,022 |
| Open | 4.92 |
| Previous Close | 4.95 |
| Day's Range | 4.92 - 4.97 |
| 52-Week Range | 3.51 - 5.92 |
| Beta | 0.12 |
| Analysts | Buy |
| Price Target | 10.20 (+105.4%) |
| Earnings Date | May 11, 2022 |
About ELA
Envela Corporation, together with its subsidiaries, primarily buys and sells jewelry and bullion products to individual consumers, dealers, Fortune 500 companies, municipalities, school districts, and other organizations in the United States. It offers jewelry and fine-watch products, including bridal jewelry, fashion jewelry, custom-made jewelry, diamonds, and other gemstones, as well as watches and jewelry components. The company also buys and sells various forms of gold, silver, platinum, and palladium products, including United States and o...
Financial Performance
In 2021, Envela's revenue was $140.97 million, an increase of 23.74% compared to the previous year's $113.92 million. Earnings were $10.05 million, an increase of 57.41%.
Financial StatementsAnalyst Forecast
According to 6 analysts, the average rating for ELA stock is "Buy." The 12-month stock price forecast is 10.2, which is an increase of 105.44% from the latest price.
News
Envela Corporation (ELA) Q1 Earnings and Revenues Top Estimates
Envela Corporation (ELA) delivered earnings and revenue surprises of 100% and 50.35%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Envela Reports First Quarter 2022 Financial Results
Quarterly Net Income Up 32% Year-over-Year to $2.65 Million DALLAS, TX / ACCESSWIRE / May 11, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American re-commerce le...
Envela Retail Subsidiary Expects to Report Record Results and is set to Accelerate Expansion Plans
DALLAS, TX / ACCESSWIRE / May 3, 2022 / DGSE, LLC ("DGSE"), a subsidiary of Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that after a record first quarter it plans...
Envela to Announce First Quarter 2022 Financial Results on Wednesday, May 11, 2022
IRVING, TX / ACCESSWIRE / April 27, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American leader in the "re-commerce" business, announced that it plans to report ...
Envela Subsidiary Plans Expansion of Solar Panel Recycling Capabilities with Mesa Location
CARROLLTON, TX / ACCESSWIRE / April 22, 2022 / Echo Environmental Holdings, LLC ("Echo"), a subsidiary of Envela Corporation (NYSE American:ELA) (the "Company"), today reported that through an affiliate...
Envela Celebrates Earth Day 2022
DALLAS, TX / ACCESSWIRE / April 22, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American re-commerce leader, celebrates Earth Day by joining the global call for ...
Envela Corporation (ELA) Soars 7.5%: Is Further Upside Left in the Stock?
Envela Corporation (ELA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near t...
Envela Retail Division Expands Executive Team with Key New Hire
DALLAS, TX / ACCESSWIRE / April 19, 2022 / DGSE, LLC ("DGSE"), a subsidiary of Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today announced that Thomas Mathias, an executive with ...
Envela Reports Fourth Quarter and Fiscal Year 2021 Financial Results
2021 Revenue Up 24% to Record $140.9M, Drives Net Income Over $10.0M DALLAS, TX / ACCESSWIRE / March 16, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financi...
Envela to Announce Fourth Quarter and Fiscal Year 2021 Financial Results on Wednesday, March 16, 2022
DALLAS, TX / ACCESSWIRE / March 9, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American leader in the "re-commerce" business, announced that it plans to report i...
Envela Welcomes Richard Schepp to Board of Directors
DALLAS, TX / ACCESSWIRE / December 7, 2021 / Envela Corporation (NYSE American:ELA ) ("Envela" or the "Company") announced today that Richard D. Schepp, former Chief Administrative Officer of Kohl's Cor...
Envela Corporation (ELA) Moves to Buy: Rationale Behind the Upgrade
Envela Corporation (ELA) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Envela Q3 Earnings Top Estimates
Envela Corp (NYSE: ELA) reported a third-quarter FY21 sales decline of 2.8% year-on-year, to $37.7 million, beating the analyst consensus of $37.66 million. Revenue improved 12% on a quarter-over-quarte...
Envela Corporation (ELA) Q3 Earnings and Revenues Surpass Estimates
Envela Corporation (ELA) delivered earnings and revenue surprises of 50.00% and 2.66%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Envela Reports Third Quarter 2021 Financial Results
Revenue Up 12% Quarter-over-Quarter to $37.7 Million DALLAS, TX / ACCESSWIRE / November 3, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for...
Envela Subsidiary Expands Geographically with Acquisition
DALLAS, TX / ACCESSWIRE / November 3, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that its wholly owned subsidiary ECHG, LLC has completed its purchase of t...
Envela Announces Timing of Its Third Quarter Financial Results
DALLAS, TX / ACCESSWIRE / October 27, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced that it plans to report its financial results for the third quarter of 2021 aft...
Envela (ELA) Sees Hammer Chart Pattern: Time to Buy?
Envela (ELA) has been struggling lately, but the selling pressure may be coming to an end soon.
Envela to Present at the 10th Annual Gateway Conference on September 9, 2021
DALLAS, TX / ACCESSWIRE / September 2, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), has been invited to present at the 10th Annual Gateway Conference, which is being held v...
Envela Subsidiary To Acquire Avail Recovery Solutions For Unknown Sum
Envela Corp's (NYSE: ELA) wholly-owned subsidiary ECHG LLC has agreed to acquire Avail Recovery Solutions LLC , a full-service electronics and materials lifecycle management company, in an all-cash tra...
Envela Subsidiary to Acquire Avail Recovery Solutions
DALLAS, TX / ACCESSWIRE / August 17, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that its wholly owned subsidiary ECHG, LLC has entered into a definitive ag...
Envela Corporation (ELA) Q2 Earnings and Revenues Beat Estimates
Envela Corporation (ELA) delivered earnings and revenue surprises of 33.33% and 2.35%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Envela Reports Second Quarter 2021 Financial Results
Quarterly Net Income Up 280% Year-over-Year to $2.2 Million DALLAS, TX / ACCESSWIRE / August 4, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial result...
Envela Announces Timing of Its Second Quarter Earnings Results
DALLAS, TX / ACCESSWIRE / July 31, 2021 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced that it plans to report its financial results for the second quarter after the mar...
Envela Corporation (ELA) Earnings Expected to Grow: What to Know Ahead of Q2 Release
Envela Corporation (ELA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.