Electromed, Inc. (ELMD)
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]
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 StatementsAnalyst 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.
News

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

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.

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.

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.

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.

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.

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

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.

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.

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

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.

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.

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

Electromed Announces Chief Executive Officer Retirement and Succession Plan
NEW PRAGUE, Minn.

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...

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...

Electromed, Inc. Announces Fiscal 2023 First Quarter Results
NEW PRAGUE, Minn.

Electromed, Inc. to Participate in Two Upcoming Investor Conferences
NEW PRAGUE, Minn.

Electromed, Inc. Schedules its First Quarter Fiscal 2023 Financial Results Conference Call for November 8, 2022 at 5:00 p.m. PT
NEW PRAGUE, Minn.

Electromed, Inc. Appoints Brad Nagel as Chief Financial Officer
NEW PRAGUE, Minn.

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

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

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

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...

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