Company Overview - Envela Corporation (ELA) is part of the Retail-Wholesale group, which consists of 201 companies and is currently ranked 11 in the Zacks Sector Rank [2] - The company belongs to the Retail - Jewelry industry, which includes 6 stocks and is ranked 210 in the Zacks Industry Rank [5] Performance Metrics - Year-to-date, Envela Corporation has returned approximately 12.8%, outperforming the average return of 9.2% for the Retail-Wholesale sector [4] - The Zacks Consensus Estimate for Envela's full-year earnings has increased by 16.7% over the past quarter, indicating improved analyst sentiment and earnings outlook [3] Comparison with Peers - Canada Goose (GOOS), another stock in the Retail-Wholesale sector, has seen a year-to-date increase of 36.5% and has a Zacks Rank of 2 (Buy) [4][5] - The Retail - Jewelry industry, which includes Envela, has gained about 12.4% this year, showing that Envela is performing better than its industry peers [5] - In contrast, the Retail - Apparel and Shoes industry, which includes Canada Goose, has declined by 6.8% year-to-date [6]
Is Envela (ELA) Stock Outpacing Its Retail-Wholesale Peers This Year?