Electromed, Inc. (ELMD)

NYSEAMERICAN: ELMD · IEX Real-Time Price · USD
17.44
+0.57 (3.38%)
May 15, 2024, 4:00 PM EDT - Market closed
3.38%
Market Cap 150.96M
Revenue (ttm) 53.50M
Net Income (ttm) 4.36M
Shares Out 8.66M
EPS (ttm) 0.49
PE Ratio 35.59
Forward PE 122.13
Dividend n/a
Ex-Dividend Date n/a
Volume 14,288
Open 16.82
Previous Close 16.87
Day's Range 16.74 - 17.44
52-Week Range 8.80 - 18.60
Beta 0.42
Analysts Strong Buy
Price Target 15.00 (-13.99%)
Earnings Date May 7, 2024

About ELMD

Electromed, Inc. develops, manufactures, markets, and sells airway clearance therapy and related products that apply high frequency chest wall oscillation (HFCWO) therapy in pulmonary care for patients of various ages in the United States and internationally. The company offers SmartVest airway clearance system; SmartVest SQL System that consists of an inflatable therapy garment, a programmable air pulse generator, and a patented single-hose that delivers air pulses from the generator to the garment; and SmartVest Connect, a wireless technology... [Read more]

Industry Medical Devices
Sector Healthcare
IPO Date Aug 13, 2010
Employees 170
Stock Exchange NYSEAMERICAN
Ticker Symbol ELMD
Full Company Profile

Financial Performance

In 2023, Electromed's revenue was $48.07 million, an increase of 15.38% compared to the previous year's $41.66 million. Earnings were $3.17 million, an increase of 37.35%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for ELMD stock is "Strong Buy" and the 12-month stock price forecast is $15.0.

Price Target
$15.0
(-13.99% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Electromed, Inc. Announces Record Revenue in Fiscal 2024 Third Quarter

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. Announces Record Revenue in Fiscal 2024 Third Quarter.

8 days ago - Business Wire

Electromed, Inc. Schedules its Third Quarter Fiscal 2024 Financial Results Conference Call for May 7, 2024 at 5:00 p.m. ET

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. (“Electromed” or the “Company”) (NYSE American: ELMD), a leader in innovative airway clearance technologies, today announced that it will issue its...

23 days ago - Business Wire

Electromed, Inc. to Participate in the 2024 Noble Capital Markets Emerging Growth Virtual Healthcare Equity Conference

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. to Participate in the 2024 Noble Capital Markets Emerging Growth Virtual Healthcare Equity Conference.

5 weeks ago - Business Wire

Electromed, Inc. to Participate in the 2024 Sidoti March Small-Cap Virtual Conference

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. to Participate in the 2024 Sidoti March Small-Cap Virtual Conference.

2 months ago - Business Wire

Electromed, Inc. Announces Record Financial Performance in Fiscal 2024 Second Quarter

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. Announces Record Financial Performance in Fiscal 2024 Second Quarter.

3 months ago - Business Wire

Electromed, Inc. Schedules its Second Quarter Fiscal 2024 Financial Results Conference Call for February 13, 2024 at 5:00 p.m. ET

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. Schedules its Second Quarter Fiscal 2024 Financial Results Conference Call for February 13, 2024 at 5:00 p.m. ET.

3 months ago - Business Wire

Electromed, Inc. Announces Partnership to Expand SmartVest Access to Veterans, Federal Employees, and Native American Communities

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. Announces Partnership to Expand SmartVest Access to Veterans, Federal Employees, and Native American Communities.

3 months ago - Business Wire

Electromed, Inc. to Participate in the Virtual 2024 Lytham Partners Investor Select Conference

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. to Participate in the Virtual 2024 Lytham Partners Investor Select Conference.

4 months ago - Business Wire

Electromed, Inc. Announces Fiscal 2024 First Quarter Financial Results

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. Announces Fiscal 2024 First Quarter Financial Results.

6 months ago - Business Wire

Electromed, Inc. Announces Hospital Market Release SmartVest Clearway, Fifth Generation HFCWO Airway Clearance Generator

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. Announces Hospital Market Release SmartVest Clearway, Fifth Generation HFCWO Airway Clearance Generator.

7 months ago - Business Wire

Electromed, Inc. to Participate in the Canaccord Genuity MedTech, Diagnostics and Digital Health & Services Forum

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. to Participate in the Canaccord Genuity MedTech, Diagnostics and Digital Health & Services Forum.

7 months ago - Business Wire

Electromed, Inc. Schedules its First Quarter Fiscal 2024 Financial Results Conference Call for November 7, 2023 at 5:00 p.m. ET

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. Schedules its First Quarter Fiscal 2024 Financial Results Conference Call for November 7, 2023 at 5:00 p.m. ET.

7 months ago - Business Wire

Electromed, Inc. Announces Fiscal 2023 Fourth Quarter and Full Year Financial Results

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. Announces Fiscal 2023 Fourth Quarter and Full Year Financial Results.

9 months ago - Business Wire

Electromed, Inc. Schedules its Fourth Quarter Fiscal 2023 Financial Results Conference Call for August 22, 2023 at 5:00 p.m. ET

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. Schedules its Fourth Quarter Fiscal 2023 Financial Results Conference Call for August 22, 2023 at 5:00 p.m. ET.

10 months ago - Business Wire

Electromed Announces Grant of Inducement Equity Awards

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed Announces Grant of Inducement Equity Awards.

11 months ago - Business Wire

Electromed, Inc. to Participate in the Sidoti Summer Small Cap Conference

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. to Participate in the Sidoti Summer Small Cap Conference.

1 year ago - Business Wire

Electromed Names Jim Cunniff as President and Chief Executive Officer

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed Names Jim Cunniff as President and Chief Executive Officer.

1 year ago - Business Wire

Electromed, Inc. Announces Fiscal 2023 Third Quarter Results

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. Announces Fiscal 2023 Third Quarter Results.

1 year ago - Business Wire

Electromed, Inc. to Participate in the Inaugural EF Hutton Global Conference

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. to Participate in the Inaugural EF Hutton Global Conference.

1 year ago - Business Wire

Electromed, Inc. Schedules its Third Quarter Fiscal 2023 Financial Results Conference Call for May 9, 2023 at 5:00 p.m. ET

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. Schedules its Third Quarter Fiscal 2023 Financial Results Conference Call for May 9, 2023 at 5:00 p.m. ET.

1 year ago - Business Wire

Electromed, Inc. Announces Fiscal 2023 Second Quarter Results

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc.

1 year ago - Business Wire

Electromed, Inc. Schedules its Second Quarter Fiscal 2023 Financial Results Conference Call for February 14, 2023 at 5:00 p.m. ET

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. (“Electromed” or the “Company”) (NYSE American: ELMD), a leader in innovative airway clearance technologies, today announced that it will issue i...

1 year ago - Business Wire

Electromed, Inc. Announces U.S. Food and Drug Administration 510(k) Clearance of Fifth Generation HFCWO Airway Clearance Generator

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. (NYSE American: ELMD) a leader in innovative airway clearance technologies, today announced that it received U.S Food and Drug Administration (“F...

1 year ago - Business Wire

Electromed, Inc. Announces Fiscal 2023 First Quarter Results

NEW PRAGUE, Minn.

1 year ago - Business Wire