Electromed, Inc. (ELMD)
NYSEAMERICAN: ELMD · IEX Real-Time Price · USD
15.61
-0.57 (-3.55%)
Apr 26, 2024, 3:11 PM EDT - Market open
Electromed Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Electromed stock has a target of 15, which predicts a decrease of -3.88% from the current stock price of 15.61.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 11, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for Electromed is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '22 | Jan '23 | Feb '23 | Mar '23 | Apr '23 | May '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| EF Hutton | EF Hutton | Strong Buy Reiterates $15 | Strong Buy | Reiterates | $15 | -3.88% | May 11, 2023 |
| EF Hutton | EF Hutton | Strong Buy Maintains $14 → $15 | Strong Buy | Maintains | $14 → $15 | -3.88% | Feb 16, 2023 |
| Lake Street | Lake Street | Strong Buy Maintains $20 → $26 | Strong Buy | Maintains | $20 → $26 | +66.61% | Feb 15, 2023 |
| Lake Street | Lake Street | Strong Buy Initiates $20 | Strong Buy | Initiates | $20 | +28.16% | Dec 28, 2022 |
| EF Hutton | EF Hutton | Strong Buy Initiates $14 | Strong Buy | Initiates | $14 | -13.49% | Sep 6, 2022 |
Financial Forecast
Revenue This Year
55.79M
from 48.07M
Increased by 16.08%
Revenue Next Year
61.61M
from 55.79M
Increased by 10.42%
EPS This Year
0.48
from 0.36
Increased by 33.17%
EPS Next Year
0.44
from 0.48
Decreased by -8.51%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 57.4M | 63.4M |
| Avg | 55.8M | 61.6M |
| Low | 53.6M | 59.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 19.5% | 13.7% |
| Avg | 16.1% | 10.4% |
| Low | 11.5% | 6.1% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.49 | 0.45 |
| Avg | 0.48 | 0.44 |
| Low | 0.46 | 0.42 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 37.1% | -5.8% |
| Avg | 33.2% | -8.5% |
| Low | 27.9% | -12.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.