Equities Analysts Issue Forecasts for Envela Q1 Earnings

Envela Co. (NYSEAMERICAN:ELA) – Investment analysts at B. Riley issued their Q1 2025 earnings per share estimates for Envela in a research report issued to clients and investors on Wednesday, March 26th. B. Riley analyst J. Van. Sinderen forecasts that the company will post earnings per share of $0.04 for the quarter. The consensus estimate for Envela’s current full-year earnings is $0.24 per share. B. Riley also issued estimates for Envela’s Q2 2025 earnings at $0.07 EPS, Q3 2025 earnings at $0.07 EPS, Q4 2025 earnings at $0.11 EPS, FY2025 earnings at $0.29 EPS and FY2026 earnings at $0.41 EPS.

Envela Trading Up 1.4 %

ELA opened at $6.51 on Friday. The company has a current ratio of 4.76, a quick ratio of 2.08 and a debt-to-equity ratio of 0.25. Envela has a one year low of $4.20 and a one year high of $7.88. The stock has a market capitalization of $169.26 million, a PE ratio of 27.13 and a beta of 0.35.

Institutional Trading of Envela

Several institutional investors have recently modified their holdings of ELA. Barclays PLC grew its position in shares of Envela by 113.7% in the 3rd quarter. Barclays PLC now owns 5,025 shares of the company’s stock valued at $28,000 after buying an additional 2,674 shares during the last quarter. Millennium Management LLC boosted 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 acquiring an additional 2,253 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Envela by 72.8% during the fourth quarter. Jane Street Group LLC now owns 30,343 shares of the company’s stock worth $218,000 after purchasing an additional 12,783 shares during the last quarter. Northern Trust Corp increased its position in shares of Envela by 67.1% during the fourth quarter. Northern Trust Corp now owns 49,320 shares of the company’s stock worth $354,000 after purchasing an additional 19,799 shares in the last quarter. Finally, Mink Brook Asset Management LLC purchased a new stake in shares of Envela in the 4th quarter valued at about $8,205,000. Hedge funds and other institutional investors own 8.15% of the company’s stock.

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.