How to Buy Electromed Stock
Electromed Inc
Electromed, Inc. engages in the development, manufacture, marketing, and sale of medical equipment. The company is headquartered in New Prague, Minnesota and currently employs 119 full-time employees.
Electromed stock last closed at $22.62, down 0.75% from the previous day, and has increased 43.89% in one year. It has overperformed other stocks in the Medical Devices industry by 0.63 percentage points. Electromed stock is currently +64.63% from its 52-week low of $13.74, and -36.39% from its 52-week high of $35.56.
At the moment, there are 8.56M shares of ELMD outstanding. The market cap of ELMD is $193.56M. In the past 24 hours, 62,703 ELMD shares were traded.
How to Buy Electromed Stock
Not sure how to invest in Electromed stock? Here's how.
- Figure out where to buy Electromed stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Electromed stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your method of payment and add your information.
- Evaluate Electromed stock: The Electromed ticker symbol is ELMD. Is Electromed stock a good investment? Should you buy shares of ELMD? How do ELMD's underlying business fundamentals look? Do top analysts think Electromed is a good buy? Why has ELMD's stock price moved recently? (Hint: Our stock market research tools can help you decide if ELMD is a good stock to buy).
- Place your ELMD purchase: Decide if you will purchase ELMD shares at the current market price or use a limit order to buy ELMD stock at a particular price.
- Get key alerts regarding your ELMD investment: Create a watchlist to track your new investment in Electromed shares.
Step 1: Figure out where to buy Electromed stock
You will need an online brokerage account in order to access the NYSEMKT market and buy ELMD shares.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal information so you are able to buy ELMD today.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to create your new brokerage account.
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Step 3: Deposit funds into your investment account
Now that you have finished signing up on a mobile trading app, you need to deposit funds:
Watch the walkthrough below for more details transferring money into your new investment account.
Step 4: Evaluate Electromed stock
Once you have figured out the best place to buy Electromed stock, it's crucial to research their stock prior to buying, so you actually wrap your head around the risk as well as the upside.
Electromed Numbers
ELMD Due Diligence Checks
WallStreetZen was created to help part-time investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on ELMD's stock page.
Is ELMD stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge ELMD's fair value.
Using relative valuations measures:
- ELMD could be undervalued based on its P/E ratio of 29x, relative to Medical Devices industry P/E ratio of 40.34x
- ELMD may be overvalued based on its P/B ratio of 4.44x, relative to Medical Devices industry P/B ratio of 3.74x
- ELMD may be overvalued based on its PEG ratio of 3.15x
You can access more valuation analysis on ELMD's stock here.
ELMD Financial Health
Signs that ELMD is financially healthy:
- ELMD earnings of $9.29M is not enough to cover its interest payments.
- ELMD has a low debt to equity ratio of 0.2.
- There are more short-term assets than long-term liabilities on the ELMD balance sheet.
- There are more short-term assets than short-term liabilities on the ELMD balance sheet.
- ELMD's operating cash flow of $11.30M allows it to safely service it's debt of $0.00.
- ELMD profit margin has gone up from 7.6% to 11.3% in the past year.
Signs that ELMD is not financially healthy:
- Total ELMD debt is higher than 5 years ago, relative to shareholder equity.
Is ELMD stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who give recommendations on ELMD, the consensus analyst rating on ELMD is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are saying on the Electromed stock forecast page.
Metrics for Advanced ELMD Traders
How is ELMD performing as a company?
Last year, ELMD earnings were $6.76M. During the last 5 year, ELMD's earnings have grown by 12.65% per year. This was faster than the Medical Devices industry average of 10.23%.
Last year, ELMD revenue was $59.63M. In the last five year, ELMD's revenue has gone up by 12.66% per year. This was faster than the Medical Devices industry average of 9.8%.
Dig into ELMD's earnings and revenue performance here.
What are ELMD executives and large shareholders up to?
In the last year, insiders at ELMD have sold more shares than they have bought.
Andrew Summers, Director of ELMD, was the latest ELMD insider to sell. They sold $1,385,350.05 worth of ELMD stock on Feb 24, 2025.
Research more about who owns ELMD stock here.
Does ELMD stock generate passive income?
No, Electromed doesn't provide an income stream by paying out dividends.
Get analysis from other investors
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Step 5: Place your ELMD purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open button and eToro will execute your order.
If you require more info about buying stocks on eToro, watch the helpful video below:
Step 6: Get key alerts regarding your ELMD investment
Now that you own some ELMD shares, you'll want to keep up with your investment.
Make a watchlist to track the most important metrics related to your ELMD stock.
ELMD Feed
How to Buy Stock in Electromed
To summarize, here are the 6 steps to buy Electromed stock:
- Figure out where to buy Electromed stock
- Open your brokerage account
- Deposit funds into your investment account
- Evaluate Electromed stock
- Place your ELMD purchase
- Get key alerts regarding your ELMD investment
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep track of your investment in Electromed, create a watchlist on WallStreetZen today.
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