Envela (NYSEAMERICAN:ELA – Get Free Report) released its quarterly earnings results on Wednesday. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.12 by $0.04, FiscalAI reports. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Goldman Sachs Group Inc. now owns 30,334 shares of the company’s stock worth $189,000 after buying an additional 13,699 shares in the last quarter. Hedge funds and other institutional investors own 8.15% of the company’s stock.