Envela Corp Earnings Estimate

ELA -  USA Stock  

USD 4.89  0.05  1.03%

Many public companies, such as Envela Corp, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Envela Corp's earnings estimates, investors can diagnose different trends across Envela Corp's analyst sentiment over time as well as compare current estimates against different timeframes.
Envela Corp is projected to generate 0.37 in earnings per share on the 31st of December 2021. Envela Corp earnings estimates module stress-tests analyst consensus about projected Envela Corp EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Continue to Investing Opportunities.
  
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The current year Profit Margin is expected to grow to 0.08, whereas Gross Profit is forecasted to decline to about 25.9 M.

Envela Corp Earnings Estimation Breakdown

Calculation of earning per share of Envela Corp is based on official Zacks consensus of 1 analysts regarding Envela Corp future annual earnings. Given the historical accuracy of 0.0%, the future earnings per share of Envela Corp is estimated to be 0.37 with the lowest and highest values of 0.37 and 0.37, respectively. Please note that this consensus of annual earnings estimates for Envela Corp is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 0.33
0.37
Lowest
Expected EPS 0.37
0.37
Highest

Envela Corp Earnings Projection Consensus

Suppose the current estimates of Envela Corp's value are higher than the current market price of the Envela Corp stock. In this case, investors may conclude that Envela Corp is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Envela Corp's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2021

1

0.0%

0.33

0.37

Envela Corp Earnings History

Earnings estimate consensus by Envela Corp analysts from Wall Street is used by the market to judge Envela Corp's stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Envela Corp's upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Envela Corp Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

3.09 Million

Share
Envela Corp Earning Before Interest and Taxes EBIT is projected to increase significantly based on the last few years of reporting. The past year's Earning Before Interest and Taxes EBIT was at 10.87 Million. The current year Earnings per Basic Share is expected to grow to 0.40, whereas Accumulated Retained Earnings Deficit are forecasted to decline to (13.8 M). As of May 26, 2022, Weighted Average Shares is expected to decline to about 27.2 M. In addition to that, Weighted Average Shares Diluted is expected to decline to about 27.3 M.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Envela Corp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Envela Corp in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
2.014.977.93
Details
Intrinsic
Valuation
LowReal ValueHigh
3.246.209.16
Details
Naive
Forecast
LowNext ValueHigh
2.115.078.03
Details
2 Analysts
Consensus
LowTarget PriceHigh
10.0010.0010.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Envela Corp. Your research has to be compared to or analyzed against Envela Corp's peers to derive any actionable benefits. When done correctly, Envela Corp's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Envela Corp.
Note that many institutional investors and large investment bankers can move markets due to the volume of Envela assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Envela Corp. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Envela stock price in the short term.

Envela Corp Earnings per Share Projection vs Actual

Actual Earning per Share of Envela Corp refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Envela Corp predict the company's earnings will be in the future. The higher the earnings per share of Envela Corp, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Envela Corp Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Envela Corp, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Envela Corp should always be considered in relation to other companies to make a more educated investment decision.

About Envela Corp Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Envela Corp earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Envela Corp estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Envela Corp fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit-12.8 M-13.8 M
Earning Before Interest and Taxes EBIT10.9 M11.7 M
Earnings per Basic Share 0.37  0.40 
Earnings per Diluted Share 0.37  0.40 
Price to Earnings Ratio 11.00  10.28 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA11.8 M12.7 M
Earnings before Tax10.2 M11 M
Envela Corporation, together with its subsidiaries, primarily buys and sells jewelry and bullion products to individual consumers, dealers, Fortune 500 companies, municipalities, school districts, and other organizations in the United States. Envela Corporation was incorporated in 1965 and is headquartered in Irving, Texas. Envela Corp operates under Luxury Goods classification in the United States and is traded on NYSEMKT Exchange. It employs 256 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Envela Corp without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Envela Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Envela Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Envela Corp will appreciate offsetting losses from the drop in the long position's value.

Envela Corp Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Envela Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Envela Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Envela Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Envela Corp to buy it.
The correlation of Envela Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Envela Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Envela Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Envela Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Investing Opportunities. Note that the Envela Corp information on this page should be used as a complementary analysis to other Envela Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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Is Envela Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Envela Corp. If investors know Envela will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Envela Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Envela Corp is measured differently than its book value, which is the value of Envela that is recorded on the company's balance sheet. Investors also form their own opinion of Envela Corp's value that differs from its market value or its book value, called intrinsic value, which is Envela Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Envela Corp's market value can be influenced by many factors that don't directly affect Envela Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Envela Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Envela Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Envela Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.