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 $35.68, down 2.25% from the previous day, and has increased 82.51% in one year. It has overperformed other stocks in the Medical Devices industry by 1.5 percentage points. Electromed stock is currently +101.24% from its 52-week low of $17.73, and -4.71% from its 52-week high of $37.45.
At the moment, there are 8.28M shares of ELMD outstanding. The market cap of ELMD is $295.43M. In the past 24 hours, 159,000 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.
- Send your details by clicking the "Create Account" button. Get started with eToro today
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 overvalued based on its P/E ratio of 29.25x, relative to Medical Devices industry P/E ratio of 22.36x
- ELMD may be overvalued based on its P/B ratio of 6.01x, relative to Medical Devices industry P/B ratio of 2.92x
You can do additional valuation research on ELMD's stock here.
ELMD Financial Health Summary
Signs that ELMD is financially healthy:
- ELMD has a low debt to equity ratio of 0.21.
- ELMD earnings of $13.57M is not enough to cover its interest payments.
- There are more short-term assets than short-term liabilities on the ELMD balance sheet.
- ELMD's operating cash flow of $10.53M allows it to safely service it's debt of $0.00.
- There are more short-term assets than long-term liabilities on the ELMD balance sheet.
- ELMD profit margin has gone up from 11.7% to 14.1% in the past year.
Signs that ELMD is not financially healthy:
- Total ELMD debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy Electromed stock
Out of 2 Equities analysts who give recommendations on ELMD, the consensus analyst rating on Electromed is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dive deeper into what analysts are projecting on the Electromed stock forecast page.
ELMD Trading Indicators
ELMD Revenue
Last year, ELMD earnings were $10.10M. In the last five year, ELMD's earnings have grown by 25.62% per year. This was faster than the Medical Devices industry average of 22.34%.
Last year, ELMD revenue was $71.75M. In the past five year, ELMD's revenue has increased by 16.69% per year. This was faster than the Medical Devices industry average of 10.31%.
Find out more about ELMD's earnings and revenue performance here.
Latest Insiders Trades at ELMD
In the past year, executives and large shareholders at ELMD have sold more shares than they have bought.
Andrew Summers, Director of ELMD, was the latest ELMD insider to sell. They sold $76,999.41 worth of ELMD stock on Sep 11, 2025.
Get more info about who owns ELMD stock here.
Does ELMD provide a stable income stream?
No, Electromed doesn't provide an income stream by paying out dividends.
What do other traders have to say about ELMD?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your ELMD purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount limit, place a limit order.
Click the Open button and eToro will place your order.
If you require additional help investing in stocks on eToro, click the helpful video below:
Step 6: Get key alerts regarding your ELMD investment
Now that you own some ELMD stock, you'll want to keep up with your investment.
Start a watchlist to track 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 require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your new investment in Electromed, get started below.
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