6.41 USD
-0.09
1.38%
Updated May 22, 10:22 AM EDT
1 day
-1.38%
5 days
1.91%
1 month
1.91%
3 months
-3.17%
6 months
-1.38%
Year to date
-9.21%
1 year
43.08%
5 years
78.06%
10 years
357.86%
 

About: Envela Corp is a provider of recycling and re-commerce services at the forefront of the circular economy. These include re-commercializing luxury hard assets, consumer electronics and IT equipment; and end-of-life recycling solutions. It operates through two segments, Consumer, and Commercial Services. The Consumer segment which generates key revenue for the company predominantly buys to resell or recycle luxury hard assets like jewelry, diamonds, gemstones, fine watches, rare coins and related collectibles, precious-metal bullion products, gold, silver, and other precious metals. The Commercial Services segment provides asset-disposition solutions to government agencies, middle-market firms, corporations, and other organizations.

Employees: 309

0
Funds holding %
of 7,245 funds
Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

2,000% more call options, than puts

Call options by funds: $21K | Put options by funds: $1K

114% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 7

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

6% more funds holding

Funds holding: 36 [Q4 2024] → 38 (+2) [Q1 2025]

0.69% more ownership

Funds ownership: 12.81% [Q4 2024] → 13.5% (+0.69%) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

9% less capital invested

Capital invested by funds: $23.9M [Q4 2024] → $21.9M (-$2.05M) [Q1 2025]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$9
40%
upside
Avg. target
$9
40%
upside
High target
$9
40%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Lake Street
Mark Argento
40%upside
$9
Buy
Maintained
8 May 2025

Financial journalist opinion

Based on 5 articles about ELA published over the past 30 days

Neutral
Accesswire
6 days ago
Envela Announces Dual Listing on NYSE Texas
IRVING, TX / ACCESS Newswire / May 15, 2025 / Envela Corporation today announced the dual listing of its common stock on NYSE Texas, the newly launched fully electronic equities exchange based in Dallas. The Company will maintain its primary listing on the NYSE American and will trade under the same ticker symbol, ELA, on NYSE Texas.
Envela Announces Dual Listing on NYSE Texas
Neutral
Seeking Alpha
1 week ago
Why Envela's Story Isn't Just About Tariffs
Envela is a 'Buy' with over 20% upside, driven by strong Consumer segment growth and a favorable economic backdrop. Luxury brands are hiking prices, and Envela benefits from higher recycled asset values and a weak US dollar. Envela's Q1 FY 2025 revenue grew 21% YoY, with a net income of $2.5 million and a clean balance sheet.
Why Envela's Story Isn't Just About Tariffs
Positive
Zacks Investment Research
2 weeks ago
Envela Corporation (ELA) Q1 Earnings and Revenues Surpass Estimates
Envela Corporation (ELA) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.07 per share a year ago.
Envela Corporation (ELA) Q1 Earnings and Revenues Surpass Estimates
Neutral
Accesswire
2 weeks ago
Envela Reports First Quarter 2025 Financial Results
IRVING, TX / ACCESS Newswire / May 7, 2025 / Envela Corporation today announced its financial results for its first quarter ended March 31, 2025. The Company reported quarterly revenue of $48.3 million and quarterly earnings per diluted share of $0.10.
Envela Reports First Quarter 2025 Financial Results
Neutral
Seeking Alpha
3 weeks ago
Envela: A Smart Bet As Tariffs Inflate Luxury Costs
Envela Corporation, formerly Canyon State Mining, has evolved into a re-commerce leader, operating in both consumer and commercial segments, with a focus on luxury items and asset disposition. The second-hand luxury goods market, valued at $8.1 billion in 2024, is growing due to sustainability trends and rising retail prices from tariffs. Envela's projected revenue growth of 5.4% and EPS increase of 23% in FY 2025, coupled with low debt, justifies a 'Buy' rating with a PT of $8-$8.50.
Envela: A Smart Bet As Tariffs Inflate Luxury Costs
Neutral
Accesswire
1 month ago
Envela Reports Fourth Quarter and Fiscal Year 2024 Financial Results
IRVING, TX / ACCESS Newswire / March 26, 2025 / Envela Corporation today announced its financial results for the fourth quarter and full year ending December 31, 2024. The Company posted annual revenue of $180.4 million, with annual earnings per diluted share of $0.26.
Envela Reports Fourth Quarter and Fiscal Year 2024 Financial Results
Neutral
Accesswire
2 months ago
Envela to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on Wednesday, March 26, 2025
IRVING, TX / ACCESS Newswire / March 19, 2025 / Envela Corporation announced today that it plans to report its financial results for the fourth quarter and fiscal year 2024 after the market close on Wednesday, March 26, 2025. Envela periodically provides information for investors on its corporate website, envela.com.
Envela to Announce Fourth Quarter and Fiscal Year 2024 Financial Results on Wednesday, March 26, 2025
Neutral
Business Wire
5 months ago
RapidFort Simplifies FedRAMP Certification with Curated Images Supporting FIPS 140-3 Compliance
SAN FRANCISCO--(BUSINESS WIRE)--RapidFort adds FIPS 140-3 compliance to Curated Images, providing a secure foundation for software development, deployment, and FedRAMP authorization.
RapidFort Simplifies FedRAMP Certification with Curated Images Supporting FIPS 140-3 Compliance
Positive
Zacks Investment Research
6 months ago
Envela (ELA) Is a Great Choice for 'Trend' Investors, Here's Why
Envela (ELA) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
Envela (ELA) Is a Great Choice for 'Trend' Investors, Here's Why
Positive
Zacks Investment Research
6 months ago
Envela Corporation (ELA) Beats Q3 Earnings and Revenue Estimates
Envela Corporation (ELA) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.06 per share a year ago.
Envela Corporation (ELA) Beats Q3 Earnings and Revenue Estimates
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