Envela Corporation (ELA)

NYSEAMERICAN: ELA · IEX Real-Time Price · USD
4.97
0.01 (0.30%)
May 27, 2022 10:28 AM EDT - Market open
Market Cap133.68M
Revenue (ttm)162.89M
Net Income (ttm)10.69M
Shares Out26.92M
EPS (ttm)0.40
PE Ratio12.51
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume2,022
Open4.92
Previous Close4.95
Day's Range4.92 - 4.97
52-Week Range3.51 - 5.92
Beta0.12
AnalystsBuy
Price Target10.20 (+105.4%)
Earnings DateMay 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...

IndustrySpecialty Retail
Founded1965
Employees256
Stock ExchangeNYSEAMERICAN
Ticker SymbolELA
Full Company Profile

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 Statements

Analyst 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.

Price Target
$10.2
(105.44% upside)
Analyst Consensus: Buy
Stock Forecasts

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?

2 weeks ago - Zacks Investment Research

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...

2 weeks ago - Accesswire

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...

3 weeks ago - Accesswire

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 ...

1 month ago - Accesswire

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...

1 month ago - Accesswire

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 ...

1 month ago - Accesswire

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...

1 month ago - Zacks Investment Research

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 ...

1 month ago - Accesswire

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...

2 months ago - Accesswire

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...

2 months ago - Accesswire

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...

Other symbols:KSS
5 months ago - Accesswire

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).

6 months ago - Zacks Investment Research

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...

6 months ago - Benzinga

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?

6 months ago - Zacks Investment Research

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...

6 months ago - Accesswire

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...

6 months ago - Accesswire

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...

7 months ago - Accesswire

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.

8 months ago - Zacks Investment Research

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...

8 months ago - Accesswire

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...

9 months ago - Benzinga

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...

9 months ago - Accesswire

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?

9 months ago - Zacks Investment Research

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...

9 months ago - Accesswire

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...

9 months ago - Accesswire

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.

9 months ago - Zacks Investment Research