Electromed stock: buy or sell?

ELMD stock price: $6.85 6.04% At close on October 18th, 2019

Updated on:
October 18th, 2019

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Shares of Electromed closed on Oct/18 at $6.85 and rocketed an exceptional 6.04%.

Electromed, Inc. develops, manufactures, markets, and sells airway clearance therapy and related products in the United States and internationally.

Should I buy Electromed stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading plan that matches with your character as inversor. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Electromed stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Electromed stock a buy?

Financial institutions and banks post stock ratings everyday. Unfortunately, we couldn't find any rating for ELMD stock for the last month.

Electromed stock analysis

Daily outlook

Electromed shares rocketed 6.04% to $6.85 on Oct 18th.

Shares of Electromed rocketed an exceptional 6.04% and closed at $6.85. Since SMA100d and SMA200d crossed up on September/20, ELMD price climbed $0.62 per share (9.95%). Since August when ELMD stock price broke up the SMA200d line, it gained $1.53 (28.76%). ELMD shows a sign of strength in the short-term after finally breaking out above $6.82 on Monday and marking a new rising bottom.

ELMD stock chart (daily)

Weekly outlook

Electromed skyrocketed a great 5.38% this week.

Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $7.25 resistance. Since SMA20d and SMA40w crossed up late August, ELMD price climbed $1.65 per share (31.73%). Since late August when ELMD stock price broke up the SMA40w line, it gained $1.65 (31.73%).

ELMD stock chart (weekly)

Electromed stock price history

Electromed stock went public on August 13th, 2010 with a price of $4.051. Since then, ELMD stock surged a 69.10%, with an average of 7.70% per year. If you had invested right after ELMD's IPO a $1,000 in Electromed stock in 2010, it would worth $691.00 today.

1: Adjusted price after possible price splits or reverse-splits.

Electromed stock historical price chart

ELMD stock reached 52-week highs at $7.33, and all-time highs 2017-09-20 with a price of 7.96.

Electromed stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price forecast for Electromed stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report on February, Electromed . As soon as we get its posted EPS from the earnings report, we will extend this review.
ELMD earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.08n/a
2017-Q2-n/a0.11n/a
2017-Q3-n/a0.01n/a
2017-Q4-n/a0.06n/a
2018-Q12018-05-08n/a0.04n/a
2018-Q22018-09-25n/a0.13n/a
2018-Q32018-11-13n/a0.02n/a
2018-Q42019-02-12n/a0.04n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual turnover report draw a brilliant gain of 10.97% to $28.70 million USD. Instead, its earnings margin (compared to sales) declined to 6.63%, that is $1.90 million.

Electromed fiscal year ends in June, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Electromed TTM sales up to December 2018 were $30.62 and earnings $1.96 million USD. When comparing this TTM figures with the last reported annuality, we can esteem Electromed business evolution since June 2018: Annual revenues up to December, compared to lastest yearly report, escalated a shining 6.70%. However, profit margin (net income/sales) remained stable at 6.63%.

ELMD annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$15 M-$-1.33 M-8.8%-
2014$15 M1.66%$-1.29 M-8.4%-3.01%
2015$19 M26.44%$1.09 M5.6%-184.69%
2016$23 M18.46%$2.21 M9.6%102.52%
2017$26 M12.48%$2.23 M8.6%0.77%
2018$29 M10.97%$1.90 M6.6%-14.67%
TTM $31 M6.70%$1.96 M6.4%3.24%

Quarterly financial results

Electromed reported $8.01 M in revenues for 2018-Q4, a 10.12% up compared to previous quarter. Reported quarter income marked $0.38 M with a profit margin of 4.71%. Profit margin grew a 2.59% compared to previous quarter when profit margin was 2.12%. When comparing sales to same quarter last year, Electromed sales marked an amazing growth and climbed a 14.72%.
ELMD quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$7 M-$0.65 M9.7%-
2017-Q2$7 M9.00%$0.95 M13.0%46.08%
2017-Q3$6 M-12.22%$0.12 M1.9%-87.20%
2017-Q4$7 M9.45%$0.35 M5.0%188.38%
2018-Q1$7 M1.52%$0.31 M4.4%-10.45%
2018-Q2$8 M16.22%$1.12 M13.6%257.83%
2018-Q3$7 M-11.71%$0.15 M2.1%-86.21%
2018-Q4$8 M10.12%$0.38 M4.7%144.66%

Electromed ownership

When you are planning to buy shares of a stock, it's always worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Electromed, 18.47% of all outstanding shares are owned by its staff.

In case of Electromed stock, 25.93% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for ELMD stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related stocks:

ELMDAHPIHRCINGNMASI
Market cap$57.9 M$5.6 M$6.8 B$1.1 B$7.9 B
Total shares8.5 M4.0 M66.8 M21.9 M53.3 M
Float shares6.6 M3.4 M66.6 M18.2 M49.2 M
  - Institutional holdings (%)25.9%11.2%86.3%109.7%84.4%
  - Insider holdings (%)18.5%62.9%0.1%1.2%8.8%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

Electromed summary

Friday, October 18th, 2019
Open$6.67
Close$6.85
Day range$6.67 - $7.00
Previous close$6.46
Session gain6.04%
Average true range$0.31
50d mov avg$5.98
100d mov avg$5.66
200d mov avg$5.55
Daily patternlb02c
Weekly pattern lb02a

Electromed performance

Performance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare Electromed performance to Allied Healthcare Products, Hill-Rom, Inogen, Masimo, Merit Medical Systems, ResMed and XTL Biopharmaceuticals:
Stock3m6m12m
ELMDElectromed29.00%20.18%2.70%
AHPIAllied Healthcare...-19.19%-19.65%-36.82%
HRCHill-Rom-2.73%7.13%17.82%
INGNInogen-16.52%-37.76%-74.93%
MASIMasimo-3.60%20.74%27.51%
MMSIMerit Medical Sys...-44.31%-46.86%-51.15%
RMDResMed6.59%33.06%29.16%
XTLBXTL Biopharmaceut...-29.83%-32.66%-7.22%

Electromed competitors

We picked a few stocks to conform a list of Electromed competitors to check if you are interested in investing in ELMD: