Electromed (NYSE:ELMD) Now Covered by Analysts at Lake Street Capital

Lake Street Capital assumed coverage on shares of Electromed (NYSE:ELMDGet Rating) in a report released on Friday, Stock Target Advisor reports. The firm issued a buy rating and a $20.00 price objective on the stock.

Separately, StockNews.com initiated coverage on Electromed in a report on Monday, August 1st. They issued a strong-buy rating on the stock.

Electromed Trading Up 1.2 %

Shares of NYSE ELMD opened at $9.25 on Friday. The company has a market cap of $78.90 million, a price-to-earnings ratio of 35.58 and a beta of 0.59. Electromed has a 1 year low of $8.75 and a 1 year high of $13.85. The firm has a 50 day simple moving average of $10.03.

Electromed (NYSE:ELMDGet Rating) last announced its quarterly earnings data on Tuesday, May 10th. The company reported $0.07 EPS for the quarter. The company had revenue of $10.14 million during the quarter. Electromed had a net margin of 5.83% and a return on equity of 6.99%.

About Electromed

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Electromed, Inc develops, manufactures, markets, and sells airway clearance therapy and related products that apply high frequency chest wall oscillation (HFCWO) therapy in pulmonary care for patients of various ages in the United States and internationally. The company offers SmartVest airway clearance system; SmartVest SQL System that consists of an inflatable therapy garment, a programmable air pulse generator, and a patented single-hose that delivers air pulses from the generator to the garment; and SmartVest Connect, a wireless technology with personalized HFCWO therapy management portal for patients with compromised pulmonary function.

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