12 Month Price Forecast For ELA
Distance to ELA Price Forecasts
ELA Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: February 5, 2025 11:32 PM UTC
ELA Analyst Ratings & Price Targets
Based on our analysis of 1 Wall Street analysts, ELA has a consensus that is bullish. The median price target is $8.00, with forecasts ranging from $7.00 to $9.00. Currently, there are 2 Buy ratings, 0 Hold ratings, and 0 Sell ratings.
With ELA currently trading at $6.89, the median price forecast suggests a 16.1% upside. The most optimistic forecast comes from at , projecting a 30.6% upside, while Mark Argento at Lake Street provides the most conservative target, suggesting a 1.6% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
ELA Analyst Consensus
ELA Price Target Range
Latest ELA Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for ELA.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Nov 6, 2024 | Lake Street | Mark Argento | Buy | Maintains | $7.00 |
| Jul 28, 2021 | Lake Street | Mark Argento | Buy | Initiates | $10.00 |
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The following stocks are similar to Envela based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Envela Corp (ELA) Financial Data
Envela Corp has a market capitalization of $179.11M with a P/E ratio of 27.6x. The company generates $165.95M in trailing twelve-month revenue with a 3.9% profit margin.
Revenue growth is +27.2% quarter-over-quarter, while maintaining an operating margin of +4.3% and return on equity of +13.1%.
Valuation Metrics
Growth & Margins
Financial Health
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Envela Corp (ELA) Company Overview
About Envela Corp
Operates in the re-commerce sector.
The company generates revenue through two main segments: Commercial-Services, which includes end-of-life asset recycling and IT asset management, and Direct-To-Consumer, where it resells luxury hard assets such as jewelry and precious metals. It also provides custom re-commerce solutions and various repair services, leveraging both physical and online marketplaces to reach customers.
Envela Corporation, founded in 1965 and headquartered in Irving, Texas, has a diverse portfolio that includes a strong online presence through multiple websites. The company has evolved from its former identity as DGSE Companies, Inc., reflecting its broader focus on asset recovery and recycling in today's market.
Company Information
Sector
Consumer Cyclical
Industry
Luxury Goods
Employees
288
CEO
Mr. John Richardson Loftus
Country
United States
IPO Year
1992
Website
www.envela.comEnvela Corp (ELA) Latest News & Analysis
RapidFort Simplifies FedRAMP Certification with Curated Images Supporting FIPS 140-3 Compliance
1 month agoRapidFort has achieved FIPS 140-3 compliance for its Curated Images, enhancing security for software development and aiding in FedRAMP authorization.
RapidFort's FIPS 140-3 compliance enhances security for its Curated Images, potentially increasing demand from government and enterprise clients, impacting revenue and competitive positioning.
Envela (ELA) is highlighted as a strong investment option, having passed the "Recent Price Strength" screening for fundamentally strong stocks currently trending upward.
Envela's identification as a fundamentally strong stock with recent price momentum indicates potential for growth, attracting investors seeking profitable opportunities in a dynamic market.
Envela Reports Third Quarter 2024 Financial Results
3 months agoEnvela Corporation reported Q3 2024 revenue of $46.9 million and earnings per diluted share of $0.06, as of September 30, 2024.
Envela Corporation's Q3 revenue and earnings per share indicate its financial health and growth trajectory, impacting stock performance and investor sentiment.
Envela Corporation (ELA) reported quarterly earnings of $0.06 per share, exceeding the Zacks Consensus Estimate of $0.03, and matching last year's earnings of $0.06 per share.
Envela Corporation's earnings beat expectations, indicating strong performance and potential growth, which can positively influence investor confidence and stock price.
Envela Corporation (NYSE: ELA) will report its Q3 2024 financial results on November 5, 2024, after market close. The company specializes in re-commerce services.
Envela's upcoming Q3 financial results could influence stock performance and investor sentiment, especially in the re-commerce and circular economy sectors.
Four Nines Announces Grand Openings in San Antonio
3 months agoEnvela Corporation's retail concept, Four Nines, opened two new stores in San Antonio, Texas, on October 15, 2024, at Blanco Road and Bulverde Road, enhancing local shopping options.
The grand opening of Four Nines stores enhances Envela Corporation's market presence, potentially boosting sales and investor confidence in the company's growth strategy.
Frequently Asked Questions About ELA Stock
What is Envela Corp's (ELA) stock forecast for 2025?
Based on our analysis of 1 Wall Street analysts, Envela Corp (ELA) has a median price target of $8.00. The highest price target is $9.00 and the lowest is $7.00.
Is ELA stock a good investment in 2025?
According to current analyst ratings, ELA has 2 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $6.89. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for ELA stock?
Wall Street analysts predict ELA stock could reach $8.00 in the next 12 months. This represents a 16.1% increase from the current price of $6.89. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Envela Corp's business model?
The company generates revenue through two main segments: Commercial-Services, which includes end-of-life asset recycling and IT asset management, and Direct-To-Consumer, where it resells luxury hard assets such as jewelry and precious metals. It also provides custom re-commerce solutions and various repair services, leveraging both physical and online marketplaces to reach customers.
What is the highest forecasted price for ELA Envela Corp?
The highest price target for ELA is $9.00 from at , which represents a 30.6% increase from the current price of $6.89.
What is the lowest forecasted price for ELA Envela Corp?
The lowest price target for ELA is $7.00 from Mark Argento at Lake Street, which represents a 1.6% increase from the current price of $6.89.
What is the overall ELA consensus from analysts for Envela Corp?
The overall analyst consensus for ELA is bullish. Out of 1 Wall Street analysts, 2 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $8.00.
How accurate are ELA stock price projections?
Stock price projections, including those for Envela Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
