Envela Corporation (ELA) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.11 per share a year ago.
Envela (ELA) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Envela (ELA) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Curtis Ellergodt Rothschild Investment LLC | 1 | $17 | $21.68 | $4.68 | 27.53% |
Point72 Asset Management LP Point72 Asset Management LP | 18,086 | $522,324 | $289,918.6 | -$232,405.4 | -44.49% |
Joseph Castro Nuveen LLC | 163,172 | $3.24M | $2.62M | -$622,556.76 | -19.2% |
Jennifer Grunberg Allspring Global Investments Holdings LLC | 132,941 | $1.86M | $2.15M | $289,936.57 | 15.61% |
Brenda Bickle Adamsbrown Wealth Consultants LLC | 10,000 | $61,200 | $216,800 | $155,600 | 254.25% |
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | John Richardson Loftus CEO | AMEX Exchange | 29402E102 CUSIP |
| US Country | 276 Employees | 12 Sep 2016 Last Dividend | 25 Aug 1988 Last Split | 19 Mar 1992 IPO Date |
Envela Corporation operates through its subsidiaries, engaging primarily in the purchasing and selling of jewelry and bullion products. The company caters to individual consumers, dealers, Fortune 500 companies, municipalities, school districts, and other organizations within the United States. Initially known as DGSE Companies, Inc., it underwent a name change to Envela Corporation in December 2019. Founded in 1965 and with its headquarters located in Irving, Texas, Envela markets its products and services through a combination of brick-and-mortar retail locations and online platforms.
Envela Corporation leverages a blend of six retail locations operating under the Dallas Gold & Silver Exchange brand and one location under the Charleston Gold & Diamond Exchange brand, along with several e-commerce sites such as cgdeinc.com, dgse.com, echoenvironmental.com, ITADUSA.com, availrecovery.com, and teladvance.com, to market its broad spectrum of products and services.