How to Buy Envela Stock
Envela Corp
Envela Corporation, together with its subsidiaries, primarily buys and sells jewelry and bullion products to individual consumers, dealers, and institutions in the United States.
Envela stock last closed at $5.91, down 3.43% from the previous day, and has increased 37.76% in one year. It has overperformed other stocks in the Luxury Goods industry by 0.64 percentage points. Envela stock is currently +40.71% from its 52-week low of $4.20, and -25% from its 52-week high of $7.88.
There are currently 25.99M shares of ELA outstanding. The market capitalization of ELA is $153.62M. In the past 24 hours, 11,353 ELA shares were traded.
How to Buy Envela Stock
Not sure how to invest in Envela stock? Here's how.
- Choose where to buy Envela stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Envela stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your investment account: Choose your method of payment and add your details.
- Analyze Envela stock: The Envela ticker symbol is ELA. Is Envela stock a good investment? Should you buy shares of ELA? How do ELA's underlying business fundamentals look? Do top analysts think Envela is a good buy? Why has ELA's stock price moved recently? (Hint: Our stock market research website can help you figure out if ELA is a good stock to buy).
- Execute your ELA buy order: Decide if you will purchase ELA shares at the current market price or use a limit order to purchase ELA shares at a specific price.
- Get updates on your investment in ELA: Create a watchlist to get live updates on your new investment in Envela stock.
Step 1: Choose where to buy Envela stock
You need an online brokerage account to access the NYSEMKT market and buy ELA stock.
Our recommended brokerage: eToro
Based on our research, eToro is the best stock brokerage. eToro gives you:
- You can invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still buy the stock.
- Access to global markets: From Tech to Healthcare, New York to Hong Kong (for US users, only US stocks are available) — you can fill your portfolio with stocks from the globe's leading exchanges.
- Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by signing up for an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, you need to fill out some personal details so you are able to buy ELA stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create a new brokerage account.
- Send your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've finished signing up on the highest rated app to buy and sell stocks, you can securely and quickly fund your account:
Check out the video below for more details transferring funds into your new investment account.
Step 4: Analyze Envela stock
After you have decided on the best place to buy Envela stock, it's absolutely critical to research their stock before you invest, so you can wrap your head around the risk and opportunity.
Envela shares data
ELA Fundamentals
WallStreetZen was built to help average investors perform more accurate fundamental analysis in less time.
You can see all of the due diligence checks on ELA's stock page.
Is ELA stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge ELA's true value.
Using relative valuations ratios:
- ELA could be overvalued based on its P/E ratio of 22.73x, relative to Luxury Goods industry P/E ratio of 4.52x
- ELA could be undervalued based on its P/B ratio of 2.92x, relative to Luxury Goods industry P/B ratio of 3.73x
- ELA may be overvalued based on its PEG ratio of 1.48x
You can access additional valuation research on ELA's stock here.
A look at ELA Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- There are more short-term assets than long-term liabilities on the ELA balance sheet.
- There are more short-term assets than short-term liabilities on the ELA balance sheet.
- ELA earnings of $9.20M is not sufficient to cover its interest payments.
- ELA's operating cash flow of $10.19M allows it to safely service it's debt of $18.37M.
- Total ELA debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- ELA profit margin has gone down from 4.1% to 3.7% in the past year.
- ELA has a relatively high debt to equity ratio of 0.48.
Is Envela stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Wall Street analysts who give forecasts on ELA, the consensus analyst rating on Envela is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Envela stock forecast page.
ELA Technical Indicators
ELA Performance Metrics
Last year, ELA earnings were $6.76M. During the last five year, ELA's earnings have gone up by 21.06% per year. This was faster than the Luxury Goods industry average of 6.96%.
Last year, ELA revenue was $180.38M. During the last 5 year, ELA's revenue has grown by 17.07% per year. This was faster than the Luxury Goods industry average of 4.15%.
Learn more about ELA's earnings and revenue performance here.
Latest Insiders Trades at ELA
In the last 12 months, executives and large shareholders at ELA have bought more shares than they have sold.
John Garrett Deluca, CFO of ELA, was the latest ELA insider to buy. They bought $935.00 worth of ELA stock on Dec 5, 2024.
Research more about who owns ELA stock here.
Can I get consistent income from ELA stock?
No, Envela doesn't provide an income stream by paying out dividends.
ELA Social Trading Data
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Execute your ELA buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, use a limit order.
Click the Open button and your broker will place the order.
If you want more assistance buying stocks on eToro, click the helpful video below:
Step 6: Get updates on your investment in ELA
Now that you own some ELA shares, you'll want to stay up-to-date on your new company.
Make a watchlist to track your ELA stock.
ELA Feed
How to Buy Stock in Envela
To summarize, here are the 6 steps for buying Envela stock:
- Choose where to buy Envela stock
- Open your brokerage account
- Fund your investment account
- Analyze Envela stock
- Execute your ELA buy order
- Get updates on your investment in ELA
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Envela, add ELA to your watchlist by clicking the button below.
More Stock Buying Guides You May Enjoy
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.