Envela Corporation (ELA)
Market Cap | 183.36M |
Revenue (ttm) | 179.32M |
Net Income (ttm) | 12.59M |
Shares Out | 26.92M |
EPS (ttm) | 0.46 |
PE Ratio | 15.11 |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 29,442 |
Open | 6.96 |
Previous Close | 6.91 |
Day's Range | 6.75 - 6.98 |
52-Week Range | 3.98 - 8.42 |
Beta | 0.07 |
Analysts | Buy |
Price Target | 11.22 (+62.37%) |
Earnings Date | Mar 14, 2023 |
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... [Read more]
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 $11.22, which is an increase of 62.37% from the latest price.
News

Groundhog Day All Over Again Envela Rescheduled to Ring NYSE Closing Bell
NEW YORK, NY / ACCESSWIRE / February 2, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American re-commerce leader, today announced that John Loftus, Chief Execut...

Envela's NYSE Bell Ringing Event Postponed Due to Weather
DALLAS, TX / ACCESSWIRE / February 1, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American re-commerce leader, today announced that due to the severe weather i...

Envela to Ring Closing Bell at New York Stock Exchange
NEW YORK, NY / ACCESSWIRE / January 30, 2023 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American re-commerce leader, today announced that John Loftus, Chief Execut...

7 Cheap Small-Cap Stocks to Buy Before the Next Breakout
With the end of the year fast approaching, investors that don't mind speculating a bit might want to consider cheap small-cap stocks to buy. Primarily, the volatility this year facilitated significant...

Envela Corporation (ELA) Q3 Earnings and Revenues Surpass Estimates
Envela Corporation (ELA) delivered earnings and revenue surprises of 33.33% and 5.06%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Envela Reports Solid Third Quarter 2022 Financial Results
DALLAS, TX / ACCESSWIRE / November 2, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American re-commerce leader, today reported financial results for its third q...

Envela to Announce Third Quarter 2022 Financial Results on Wednesday, November 2, 2022
IRVING, TX / ACCESSWIRE / October 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 rep...

Has Envela (ELA) Outpaced Other Retail-Wholesale Stocks This Year?
Here is how Envela Corporation (ELA) and Spartan Stores (SPTN) have performed compared to their sector so far this year.

Envela to Present at the LD Micro Main Event XV Investor Conference on October 26, 2022
LOS ANGELES, CA / ACCESSWIRE / October 19, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American leader in the "re-commerce" business, announced that its manage...

Dallas Business Journal Names Envela the 23rd Fastest-Growing Company in North Texas
DALLAS, TX / ACCESSWIRE / October 14, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American leader in the "re-commerce" business, was recently named to the 2022...

Envela to Present at the Best Ideas Growth Conference
This 6th Annual event will be hosted by Lake Street Capital Markets on September 14, 2022 NEW YORK, NY / ACCESSWIRE / September 8, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Compa...

Envela Corporation (ELA) Q2 Earnings and Revenues Beat Estimates
Envela Corporation (ELA) delivered earnings and revenue surprises of 55.56% and 11.62%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Envela Reports Second Quarter 2022 Financial Results
Quarterly Net Income Up 78.7% Year-over-Year to $3.85 Million DALLAS, TX / ACCESSWIRE / August 3, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American re-comme...

Envela to Announce Second Quarter 2022 Financial Results on Wednesday, August 3, 2022
IRVING, TX / ACCESSWIRE / July 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...

Here's Why "Trend" Investors Would Love Betting on Envela Corporation (ELA)
If you are looking for stocks that are well positioned to maintain their recent uptrend, Envela Corporation (ELA) could be a great choice. It is one of the several stocks that passed through our "Rece...

Envela Corporation (ELA) Stock Jumps 5.2%: Will It Continue to Soar?
Envela Corporation (ELA) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength do...

Why Leaders Emerge Out of Bear Markets First
Most investors find it difficult to pull the trigger when these leaders appear to be trading too high or too expensive.

Envela Steps-In as Co-Sponsor for Disabled Veteran Racing at Charlotte Motor Speedway this Memorial Day Weekend
IRVING, TX / ACCESSWIRE / April 27, 2022 / Envela Corporation (NYSE American:ELA) ("Envela" or the "Company"), the North American leader in the "re-commerce" business, is pleased to announce veteran K...

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 ...

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 pla...

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 repor...

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 affilia...

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 fo...

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...