Is Electromed Stock a Good Investment?
Electromed Investment Advice | ELMD |
- Examine Electromed's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Electromed's leadership team and their track record. Good management can help Electromed navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Health Care Equipment & Supplies space and any emerging trends that could impact Electromed's business and its evolving consumer preferences.
- Compare Electromed's performance and market position to its competitors. Analyze how Electromed is positioned in terms of product offerings, innovation, and market share.
- Check if Electromed pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Electromed's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Electromed stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Electromed is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Electromed Stock
Researching Electromed's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 28.0% of the company shares are held by company insiders. The company had not issued any dividends in recent years.
To determine if Electromed is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Electromed's research are outlined below:
About 28.0% of the company shares are held by company insiders | |
Latest headline from MacroaxisInsider: Acquisition by Erickson Stan K. of 3000 shares of Electromed subject to Rule 16b-3 |
Electromed Quarterly Accounts Payable |
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Electromed uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Electromed. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Electromed's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
13th of February 2024 Upcoming Quarterly Report | View | |
31st of December 2023 Next Fiscal Quarter End | View |
Earnings surprises can significantly impact Electromed's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Electromed's investors have experienced.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
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2012-02-13 | 2011-12-31 | 0.01 | 0.003 | -0.007 | 70 | ||
2021-11-09 | 2021-09-30 | 0.06 | 0.05 | -0.01 | 16 | ||
2020-05-12 | 2020-03-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2016-11-08 | 2016-09-30 | 0.03 | 0.02 | -0.01 | 33 | ||
2016-09-06 | 2016-06-30 | 0.05 | 0.04 | -0.01 | 20 | ||
2016-05-10 | 2016-03-31 | 0.07 | 0.06 | -0.01 | 14 | ||
2015-09-15 | 2015-06-30 | 0.02 | 0.03 | 0.01 | 50 | ||
2012-11-13 | 2012-09-30 | -0.02 | -0.01 | 0.01 | 50 |
Electromed's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 299.67 M.Market Cap |
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Electromed's profitablity analysis
Last Reported | Projected for Next Year | ||
Return On Tangible Assets | 0.09 | 0.09 | |
Return On Capital Employed | 0.13 | 0.08 | |
Return On Assets | 0.09 | 0.09 | |
Return On Equity | 0.10 | 0.06 |
Determining Electromed's profitability involves analyzing its financial statements and using various financial metrics to determine if Electromed is a good buy. For example, gross profit margin measures Electromed's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Electromed's profitability and make more informed investment decisions.
Please note, the presentation of Electromed's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Electromed's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Electromed's management manipulating its earnings.
Evaluate Electromed's management efficiency
Electromed has return on total asset (ROA) of 0.0839 % which means that it generated a profit of $0.0839 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1253 %, meaning that it created $0.1253 on every $100 dollars invested by stockholders. Electromed's management efficiency ratios could be used to measure how well Electromed manages its routine affairs as well as how well it operates its assets and liabilities. At present, Electromed's Return On Assets are projected to increase slightly based on the last few years of reporting. At present, Electromed's Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 53.3 M, whereas Non Currrent Assets Other are forecasted to decline to about 95 K.Last Reported | Projected for Next Year | ||
Book Value Per Share | 4.68 | 4.92 | |
Tangible Book Value Per Share | 4.61 | 4.84 | |
Enterprise Value Over EBITDA | 12.75 | 13.39 | |
Price Book Value Ratio | 3.13 | 2.65 | |
Enterprise Value Multiple | 12.75 | 13.39 | |
Price Fair Value | 3.13 | 2.65 | |
Enterprise Value | 94.6 M | 99.4 M |
Electromed has shown resilience through effective management strategies. Our analysis examines how these strategies influence financial outcomes and investor returns which helps in understanding the stock's long-term potential.
Beta 0.264 |
Basic technical analysis of Electromed Stock
As of the 30th of January, Electromed shows the Coefficient Of Variation of 398.94, downside deviation of 2.41, and Mean Deviation of 2.2. Electromed technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Please confirm Electromed coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Electromed is priced favorably, providing market reflects its regular price of 35.36 per share. Given that Electromed has jensen alpha of 0.6197, we urge you to verify Electromed's prevailing market performance to make sure the company can sustain itself at a future point.Electromed's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Electromed insiders, such as employees or executives, is commonly permitted as long as it does not rely on Electromed's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Electromed insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Electromed's Outstanding Corporate Bonds
Electromed issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Electromed uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Electromed bonds can be classified according to their maturity, which is the date when Electromed has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Electromed's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Electromed's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
Risk Adjusted Performance | 0.2173 | |||
Market Risk Adjusted Performance | 0.7044 | |||
Mean Deviation | 2.2 | |||
Semi Deviation | 1.97 | |||
Downside Deviation | 2.41 | |||
Coefficient Of Variation | 398.94 | |||
Standard Deviation | 2.81 | |||
Variance | 7.9 | |||
Information Ratio | 0.2205 | |||
Jensen Alpha | 0.6197 | |||
Total Risk Alpha | 0.4437 | |||
Sortino Ratio | 0.2576 | |||
Treynor Ratio | 0.6944 | |||
Maximum Drawdown | 12.17 | |||
Value At Risk | (3.90) | |||
Potential Upside | 5.82 | |||
Downside Variance | 5.79 | |||
Semi Variance | 3.87 | |||
Expected Short fall | (2.63) | |||
Skewness | 0.2638 | |||
Kurtosis | 0.2375 |
Risk Adjusted Performance | 0.2173 | |||
Market Risk Adjusted Performance | 0.7044 | |||
Mean Deviation | 2.2 | |||
Semi Deviation | 1.97 | |||
Downside Deviation | 2.41 | |||
Coefficient Of Variation | 398.94 | |||
Standard Deviation | 2.81 | |||
Variance | 7.9 | |||
Information Ratio | 0.2205 | |||
Jensen Alpha | 0.6197 | |||
Total Risk Alpha | 0.4437 | |||
Sortino Ratio | 0.2576 | |||
Treynor Ratio | 0.6944 | |||
Maximum Drawdown | 12.17 | |||
Value At Risk | (3.90) | |||
Potential Upside | 5.82 | |||
Downside Variance | 5.79 | |||
Semi Variance | 3.87 | |||
Expected Short fall | (2.63) | |||
Skewness | 0.2638 | |||
Kurtosis | 0.2375 |
Consider Electromed's intraday indicators
Electromed intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Electromed stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Accumulation Distribution | 1276.33 | |||
Daily Balance Of Power | (0.09) | |||
Rate Of Daily Change | 1.0 | |||
Day Median Price | 35.17 | |||
Day Typical Price | 35.23 | |||
Price Action Indicator | 0.16 | |||
Period Momentum Indicator | (0.07) |
Electromed Corporate Filings
F4 | 3rd of January 2025 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 21st of November 2024 An amendment to the original Schedule 13D filing | ViewVerify |
8K | 18th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 13th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Electromed Stock media impact
Far too much social signal, news, headlines, and media speculation about Electromed that are available to investors today. That information is available publicly through Electromed media outlets and privately through word of mouth or via Electromed internal channels. However, regardless of the origin, that massive amount of Electromed data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Electromed news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Electromed relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Electromed's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Electromed alpha.
Electromed Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Electromed can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Electromed Corporate Management
Amy Yanta | Quality Affairs | Profile | |
Brad Nagel | Chief Officer | Profile | |
Diane Kaufman | Vice Resources | Profile | |
William George | Secretary | Profile | |
Christopher Holland | Chief Officer | Profile |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Electromed. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Electromed Stock refer to our How to Trade Electromed Stock guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Electromed. If investors know Electromed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Electromed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.809 | Earnings Share 0.72 | Revenue Per Share | Quarterly Revenue Growth 0.09 | Return On Assets |
The market value of Electromed is measured differently than its book value, which is the value of Electromed that is recorded on the company's balance sheet. Investors also form their own opinion of Electromed's value that differs from its market value or its book value, called intrinsic value, which is Electromed's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Electromed's market value can be influenced by many factors that don't directly affect Electromed's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Electromed's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Electromed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Electromed's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.