Electromed, Inc. (ELMD)

NYSEAMERICAN: ELMD · IEX Real-Time Price · USD
10.32
+0.02 (0.19%)
Dec 7, 2023, 3:58 PM EST - Market closed
0.19%
Market Cap 88.39M
Revenue (ttm) 49.73M
Net Income (ttm) 3.24M
Shares Out 8.58M
EPS (ttm) 0.36
PE Ratio 29.31
Forward PE 28.73
Dividend n/a
Ex-Dividend Date n/a
Volume 14,227
Open 10.49
Previous Close 10.30
Day's Range 10.32 - 10.56
52-Week Range 8.80 - 13.84
Beta 0.38
Analysts Strong Buy
Price Target 20.50 (+98.64%)
Earnings Date Nov 7, 2023

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 2 analysts, the average rating for ELMD stock is "Strong Buy." The 12-month stock price forecast is $20.5, which is an increase of 98.64% from the latest price.

Price Target
$20.5
(98.64% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Electromed, Inc. Announces Fiscal 2024 First Quarter Financial Results

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

4 weeks 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.

5 weeks 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.

5 weeks 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.

6 weeks 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.

3 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.

4 months ago - Business Wire

Electromed Announces Grant of Inducement Equity Awards

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

5 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.

6 months 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.

6 months ago - Business Wire

Electromed, Inc. Announces Fiscal 2023 Third Quarter Results

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

7 months 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.

8 months 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.

8 months ago - Business Wire

Electromed, Inc. Announces Fiscal 2023 Second Quarter Results

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

10 months 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...

11 months 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

Electromed, Inc. Appoints Brad Nagel as Chief Financial Officer

NEW PRAGUE, Minn.

1 year ago - Business Wire

Electromed, Inc. to Participate in the Issuer Direct 2022 Windy City Roundup

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. to Participate in the Issuer Direct 2022 Windy City Roundup

1 year ago - Business Wire

Electromed, Inc. Announces Fiscal 2022 Fourth Quarter and Full Year Financial Results

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. Announces Fiscal 2022 Fourth Quarter and Full Year Financial Results

1 year ago - Business Wire

Electromed, Inc. Schedules its Fourth Quarter and Fiscal 2022 Financial Results Conference Call for August 23, 2022 at 5:00 p.m. ET

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. Schedules its Fourth Quarter and Fiscal 2022 Financial Results Conference Call for August 23, 2022 at 5:00 p.m. ET

1 year ago - Business Wire

Electromed, Inc. Announces Election of Andrew Summers as Additional Independent Director

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. (“Electromed”) (NYSE American: ELMD), a leader in innovative airway clearance technologies, today announced that it has elected a new independent d...

1 year ago - Business Wire

Electromed, Inc. to Participate in the Canaccord Genuity 42nd Annual Growth Conference

NEW PRAGUE, Minn.--(BUSINESS WIRE)--Electromed, Inc. to Participate in the Canaccord Genuity 42nd Annual Growth Conference

1 year ago - Business Wire