Envela Corporation (ELA)
Market Cap | 191.33M |
Revenue (ttm) | 165.95M |
Net Income (ttm) | 6.47M |
Shares Out | 26.00M |
EPS (ttm) | 0.25 |
PE Ratio | 29.98 |
Forward PE | 22.30 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 15,523 |
Open | 7.40 |
Previous Close | 7.22 |
Day's Range | 7.14 - 7.40 |
52-Week Range | 4.13 - 7.49 |
Beta | 0.32 |
Analysts | Strong Buy |
Price Target | 7.00 (-4.89%) |
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 ... [Read more]
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%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for ELA stock is "Strong Buy" and the 12-month stock price forecast is $7.0.
News
Envela Reports Third Quarter 2024 Financial Results
IRVING, TX / ACCESSWIRE / November 5, 2024 / Envela Corporation today reported financial results for its third quarter ended September 30, 2024. The Company reported quarterly revenue of $46.9 million...
Envela to Announce Third Quarter 2024 Financial Results on November 5
IRVING, TX / ACCESSWIRE / October 29, 2024 / Envela Corporation announced today that it plans to report its financial results for the third quarter of 2024 after the market closes on Tuesday, November...
Four Nines Announces Grand Openings in San Antonio
SAN ANTONIO, TX / ACCESSWIRE / October 15, 2024 / Four Nines, the innovative retail concept from Envela Corporation, is excited to announce the grand opening of its newest two stores in San Antonio, T...
Envela to Participate at the Lake Street Best Ideas Growth Conference
NEW YORK, NY / ACCESSWIRE / August 29, 2024 / Envela Corporation (NYSE American:ELA), a leading re-commerce company, today announced that management will present at the Lake Street Capital Markets 8th...
Envela Reports Second Quarter 2024 Financial Results
DALLAS, TX / ACCESSWIRE / August 7, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its second quarter ended June 30, 2024. The Company ...
Envela to Announce Second Quarter 2024 Financial Results on Wednesday, August 7, 2024
DALLAS, TX / ACCESSWIRE / July 31, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that it plans to report its financial results for the second quarter 2024 ...
Four Nines Opens Flagship Store in Phoenix
PHOENIX, AZ / ACCESSWIRE / June 24, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") announced today that its innovative retail brand, Four Nines™, opened its latest store in ...
Envela Introduces Its Fresh Retail Concept - "Four Nines"
DALLAS, TX / ACCESSWIRE / May 20, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced the unveiling of its inaugural Four Nines retail store in Gilbert, Arizona. ...
Envela Welcomes Bijoux Exchange to its Lineup
DALLAS, TX / ACCESSWIRE / May 17, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that it is expanding its lineup this week with the introduction of Bijoux E...
Envela Reports First Quarter 2024 Financial Results
DALLAS, TX / ACCESSWIRE / May 8, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its first quarter ended March 31, 2024. The Company rep...
Envela to Announce First Quarter 2024 Financial Results on Wednesday, May 8, 2024
DALLAS, TX / ACCESSWIRE / April 30, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that it plans to report its financial results for the first quarter 2024 ...
Following a Planned Succession Process, Envela Appoints John DeLuca as Chief Financial Officer
Former CFO Remains as Strategic Advisor DALLAS, TX / ACCESSWIRE / March 21, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that after seven years as the Com...
Envela Reports Fourth Quarter and Fiscal Year 2023 Results
DALLAS, TX / ACCESSWIRE / March 20, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its fourth quarter and full year ended December 31, ...
Envela to Announce Fourth Quarter and Fiscal Year 2023 Financial Results on Wednesday, March 20, 2024
DALLAS, TX / ACCESSWIRE / March 4, 2024 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced today that it plans to report its financial results for the fourth quarter and f...
Envela Corporation And Its Real Value
Envela Corporation operates in the re-commerce industry, focusing on luxury goods such as jewelry and precious metals. The company's revenue fell in the third quarter, but this is attributed to strate...
Envela Reports Third Quarter 2023 Financial Results
DALLAS, TX / ACCESSWIRE / November 8, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today reported financial results for its third quarter ended September 30, 2023. The Com...
Envela to Announce Third Quarter 2023 Financial Results on Wednesday, November 8, 2023
IRVING, TX / ACCESSWIRE / November 3, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced that it plans to report its financial results for the third quarter ended Sep...
Envela Corporation: A 'Hold' With Potential
Envela Corporation specializes in reselling and recycling pre-owned jewelry and electronics and has a strong management team and growing customer base. The pre-owned jewelry market is expected to grow...
Envela Expands Vertically with Acquisition
SCOTTSDALE, AZ / ACCESSWIRE / September 14, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced that it has entered into an agreement to acquire Steven Kretchmer,...
Envela Hires Claudia Kretchmer to Lead Jewelry Design
SCOTTSDALE, AZ / ACCESSWIRE / September 13, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today announced that Claudia Kretchmer has been named as Artistic Director of Jew...
Envela to Participate in Lake Street's 7th Annual Best Ideas Growth (BIG7) Conference
NEW YORK, NY / ASSESSWIRE / September 8, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced the Company will be participating in Lake Street Capital Markets' 7th...
Envela to Participate in the B. Riley Securities Consumer Conference
NEW YORK, NY / ACCESSWIRE / September 8, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced the Company will be participating in the B. Riley Securities Consumer...
Update: Envela Common Stock Repurchases
IRVING, TX / ACCESSWIRE / September 6, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company") today announced an update on its stock-repurchase program. Through September 5, 2023, t...
Envela Reports Second Quarter 2023 Financial Results
DALLAS, TX / ACCESSWIRE / August 2, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), today reported financial results for its second quarter ended June 30, 2023. The Company ...
Envela to Announce Second Quarter 2023 Financial Results on Wednesday, August 2, 2023
IRVING, TX / ACCESSWIRE / July 27, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), announced that it plans to report its financial results for the second quarter 2023 after ...