Research Analysts Issue Forecasts for Envela FY2026 Earnings

Key Points

• Analysts at B. Riley have raised their FY2026 earnings estimate for Envela Corporation to $0.40 per share, up from $0.39, while maintaining a "Buy" rating with a price target of $11.00.
• Lake Street Capital has increased its target price for Envela from $7.00 to $9.00, also issuing a "buy" rating for the stock.
• As of recent trading, Envela's stock is down by 1.6%, trading at $6.86 with a market capitalization of $178.02 million.

Envela Corporation (NYSEAMERICAN:ELA - Free Report) - Investment analysts at B. Riley increased their FY2026 earnings estimates for shares of Envela in a research report issued on Wednesday, August 13th. B. Riley analyst J. Van. Sinderen now anticipates that the company will post earnings of $0.40 per share for the year, up from their prior forecast of $0.39. B. Riley has a "Buy" rating and a $11.00 price objective on the stock. The consensus estimate for Envela's current full-year earnings is $0.24 per share.

Separately, Lake Street Capital boosted their target price on shares of Envela from $7.00 to $9.00 and gave the stock a "buy" rating in a research report on Thursday, May 8th.

Envela Trading Down 1.6%

ELA stock traded down $0.12 during trading on Friday, reaching $6.86. The stock had a trading volume of 5,542 shares, compared to its average volume of 28,631. Envela has a 1-year low of $4.40 and a 1-year high of $7.88. The company has a debt-to-equity ratio of 0.17, a current ratio of 4.58 and a quick ratio of 2.36. The firm has a market capitalization of $178.02 million, a P/E ratio of 20.81 and a beta of 0.22. The company has a fifty day moving average of $5.99.

Institutional Trading of Envela

Several hedge funds and other institutional investors have recently bought and sold shares of ELA. Mink Brook Asset Management LLC lifted its holdings in Envela by 13.7% during the 1st quarter. Mink Brook Asset Management LLC now owns 1,299,523 shares of the company's stock valued at $8,096,000 after purchasing an additional 156,754 shares during the last quarter. Topline Capital Management LLC acquired a new position in Envela during the fourth quarter valued at approximately $5,418,000. Geode Capital Management LLC grew its holdings in Envela by 116.5% during the second quarter. Geode Capital Management LLC now owns 144,247 shares of the company's stock valued at $883,000 after purchasing an additional 77,635 shares during the period. Millennium Management LLC lifted its stake in Envela by 4.2% in the fourth quarter. Millennium Management LLC now owns 55,907 shares of the company's stock valued at $401,000 after buying an additional 2,253 shares in the last quarter. Finally, 683 Capital Management LLC bought a new position in Envela in the fourth quarter valued at approximately $386,000. 8.15% of the stock is currently owned by institutional investors and hedge funds.

About Envela

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.

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