Free Trial

What is B. Riley's Estimate for Envela FY2025 Earnings?

Envela logo with Retail/Wholesale background

Envela Co. (NYSEAMERICAN:ELA - Free Report) - Equities research analysts at B. Riley decreased their FY2025 earnings per share (EPS) estimates for Envela in a research report issued to clients and investors on Tuesday, November 5th. B. Riley analyst J. Van. Sinderen now forecasts that the company will earn $0.34 per share for the year, down from their prior forecast of $0.35. The consensus estimate for Envela's current full-year earnings is $0.21 per share.

Separately, Lake Street Capital raised their price target on shares of Envela from $6.00 to $7.00 and gave the company a "buy" rating in a research report on Wednesday.

Read Our Latest Research Report on ELA

Envela Stock Up 1.0 %

NYSEAMERICAN ELA traded up $0.06 on Friday, reaching $5.93. The stock had a trading volume of 38,391 shares, compared to its average volume of 30,123. Envela has a 12-month low of $3.02 and a 12-month high of $5.98. The firm has a market cap of $154.60 million, a price-to-earnings ratio of 24.46 and a beta of 0.25. The company has a quick ratio of 2.72, a current ratio of 5.88 and a debt-to-equity ratio of 0.26.

Envela (NYSEAMERICAN:ELA - Get Free Report) last posted its earnings results on Tuesday, November 5th. The company reported $0.06 EPS for the quarter, beating analysts' consensus estimates of $0.03 by $0.03. The company had revenue of $46.90 million for the quarter, compared to the consensus estimate of $39.85 million. Envela had a return on equity of 13.27% and a net margin of 4.10%.

Institutional Trading of Envela

A number of institutional investors have recently modified their holdings of the business. Cubist Systematic Strategies LLC acquired a new position in Envela during the second quarter worth $42,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in Envela during the 2nd quarter valued at about $50,000. US Bancorp DE acquired a new position in shares of Envela during the 3rd quarter worth approximately $339,000. Renaissance Technologies LLC increased its position in Envela by 11.8% during the second quarter. Renaissance Technologies LLC now owns 195,428 shares of the company's stock worth $877,000 after buying an additional 20,624 shares in the last quarter. Finally, Vanguard Group Inc. raised its holdings in shares of Envela by 0.8% in the first quarter. Vanguard Group Inc. now owns 453,065 shares of the company's stock worth $2,093,000 after acquiring an additional 3,678 shares during the last quarter. 8.15% of the stock is currently owned by hedge funds and other institutional investors.

Envela Company Profile

(Get Free Report)

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.

Featured Stories

Should you invest $1,000 in Envela right now?

Before you consider Envela, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Envela wasn't on the list.

While Envela currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Revolutionizing Logistics: Dot Ai Corporation CEO Ed Nabrotzky Talks IPO and Innovations
Massive Market Moves Following Trump Win: Tesla, JP Morgan, & Bitcoin Soar
Top 3 Stocks Under $20 with Strong Buy Ratings and Growth Potential

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines