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.
Envela delivered a standout Q3, with revenue up 21% YoY and strong growth in both Consumer and Commercial segments. ELA's Consumer division remains the main growth engine, benefiting from high precious metals prices and defensive consumer behavior. Despite the stock's significant rally, ELA is now close to fair value, but I maintain a 'Buy' rating with increased caution due to higher expectations.
Envela (ELA) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Here is how Envela Corporation (ELA) and Sonic Automotive (SAH) have performed compared to their sector so far this year.
Envela (ELA) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
NTGR, ELA and SCS made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on October 9, 2025.
SCS, GTLB, NTGR, ELA and MOS have been added to the Zacks Rank #1 (Strong Buy) List on October 9, 2025.
ELA, PRTH and MOS made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 9, 2025.
Envela is a defensive play thriving in uncertain markets, consistently beating Wall Street estimates for both revenue and EPS over six consecutive quarters. The Consumer Division is driving growth, achieving profitability, and reducing SG&A, while the Commercial Division is temporarily lagging due to IT CapEx cycles. Strong free cash flow, low debt, and robust liquidity allow ELA flexibility for buybacks, M&A, and potential shareholder returns.
Envela Corporation (ELA) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.06 per share a year ago.
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.
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.