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NYSEAMERICAN:ELA

Envela (ELA) Stock Price, News & Analysis

Envela logo
$6.50 0.00 (0.00%)
(As of 11/21/2024 ET)

About Envela Stock (NYSEAMERICAN:ELA)

Key Stats

Today's Range
$6.32
$6.50
50-Day Range
N/A
52-Week Range
$3.93
$6.50
Volume
10,895 shs
Average Volume
29,925 shs
Market Capitalization
$169 million
P/E Ratio
27.08
Dividend Yield
N/A
Price Target
$7.00
Consensus Rating
Buy

Company Overview

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 and related collectibles, precious-metal bullion products, gold, silver and other precious metals; buys and sells various forms of gold, silver, platinum, and palladium products, including United States and other government coins, and private mint medallions, as well as numismatic items, such as rare coins, currency, medals, tokens, and other collectibles; and provides jewelry and watches repair services, as well as custom jewelry services. In addition, it offers end-of-life electronics recycling services; disposal transportation and product tracking services; IT equipment disposition services, including compliance and data sanitization services; services to companies in the areas of upgrade capabilities and dispose of equipment; and asset- disposition solutions to government agencies, middle-market firms, major corporations, and other organizations. The company operates multiple brick-and-mortar and online marketplaces; and offers custom re-commerce solutions to meet the needs of various clients. It operates through DGSE.com, echoenvironmental.com, ITADUSA.com, teladvance.com and AvailRecovery.com. websites. The company was formerly known as DGSE Companies, Inc. and changed its name to Envela Corporation in December 2019. Envela Corporation was incorporated in 1965 and is headquartered in Irving, Texas.

Envela Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
71st Percentile Overall Score

ELA MarketRank™: 

Envela scored higher than 71% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Envela has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Envela has only been the subject of 1 research reports in the past 90 days.

  • Read more about Envela's stock forecast and price target.
  • Earnings Growth

    Earnings for Envela are expected to grow by 41.67% in the coming year, from $0.24 to $0.34 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Envela is 27.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.66.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Envela is 27.08, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 112.45.

  • Price to Book Value per Share Ratio

    Envela has a P/B Ratio of 3.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.86% of the float of Envela has been sold short.
  • Short Interest Ratio / Days to Cover

    Envela has a short interest ratio ("days to cover") of 8.6.
  • Change versus previous month

    Short interest in Envela has recently decreased by 7.86%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Envela does not currently pay a dividend.

  • Dividend Growth

    Envela does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.86% of the float of Envela has been sold short.
  • Short Interest Ratio / Days to Cover

    Envela has a short interest ratio ("days to cover") of 8.6.
  • Change versus previous month

    Short interest in Envela has recently decreased by 7.86%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Envela has a news sentiment score of 1.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.66 average news sentiment score of Retail/Wholesale companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Envela this week, compared to 0 articles on an average week.
  • Search Interest

    1 people have searched for ELA on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Envela insiders have bought more of their company's stock than they have sold. Specifically, they have bought $2,060.00 in company stock and sold $0.00 in company stock.

  • Percentage Held by Insiders

    73.75% of the stock of Envela is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 8.15% of the stock of Envela is held by institutions.

  • Read more about Envela's insider trading history.
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ELA Stock News Headlines

Envela price target raised to $7 from $6 at Lake Street
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ELA Stock Analysis - Frequently Asked Questions

Envela's stock was trading at $4.62 on January 1st, 2024. Since then, ELA stock has increased by 40.7% and is now trading at $6.50.
View the best growth stocks for 2024 here
.

Envela Co. (NYSEAMERICAN:ELA) posted its quarterly earnings data on Tuesday, November, 5th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.03 by $0.03. The company had revenue of $46.90 million for the quarter, compared to analyst estimates of $39.85 million. Envela had a net margin of 3.83% and a trailing twelve-month return on equity of 13.01%.

Top institutional investors of Envela include Geode Capital Management LLC (0.26%), US Bancorp DE (0.24%), Leo Wealth LLC (0.08%) and Jane Street Group LLC (0.07%). Insiders that own company stock include Allison M Destefano, Bret Allen Pedersen, John Garrett Deluca and Richard D Schepp.
View institutional ownership trends
.

Shares of ELA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Envela investors own include Enphase Energy (ENPH), Pfizer (PFE), Advanced Micro Devices (AMD), PayPal (PYPL), Taiwan Semiconductor Manufacturing (TSM), Norwegian Cruise Line (NCLH) and Nokia Oyj (NOK).

Company Calendar

Last Earnings
11/05/2024
Today
11/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Jewelry stores
Sub-Industry
Retail
Current Symbol
NYSEAMERICAN:ELA
Previous Symbol
NYSEMKT:DGSE
Employees
260
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.00
High Stock Price Target
$7.00
Low Stock Price Target
$7.00
Potential Upside/Downside
+7.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$7.15 million
Pretax Margin
4.97%

Debt

Sales & Book Value

Annual Sales
$171.70 million
Cash Flow
$0.32 per share
Book Value
$1.97 per share

Miscellaneous

Free Float
6,824,000
Market Cap
$169 million
Optionable
Not Optionable
Beta
0.25
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This page (NYSEAMERICAN:ELA) was last updated on 11/21/2024 by MarketBeat.com Staff
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