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Electromed (ELMD) Competitors

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$45.82 +1.88 (+4.28%)
Closing price 07/9/2026 04:00 PM Eastern
Extended Trading
$45.93 +0.11 (+0.24%)
As of 07/9/2026 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

ELMD vs. ENOV, INSP, BLFS, IRMD, and CDRE

Should you buy Electromed stock or one of its competitors? MarketBeat compares Electromed with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Electromed include Enovis (ENOV), Inspire Medical Systems (INSP), BioLife Solutions (BLFS), iRadimed (IRMD), and Cadre (CDRE). These companies are all part of the "medical equipment" industry.

How does Electromed compare to Enovis?

Electromed (NYSE:ELMD) and Enovis (NYSE:ENOV) are both small-cap medical companies, but which is the better business? We will compare the two companies based on the strength of their valuation, media sentiment, dividends, analyst recommendations, risk, earnings, profitability and institutional ownership.

Electromed has higher earnings, but lower revenue than Enovis. Enovis is trading at a lower price-to-earnings ratio than Electromed, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Electromed$71.75M5.29$5.15M$1.1739.16
Enovis$2.25B0.64-$1.18B-$19.88N/A

In the previous week, Enovis had 4 more articles in the media than Electromed. MarketBeat recorded 4 mentions for Enovis and 0 mentions for Electromed. Electromed's average media sentiment score of 1.00 beat Enovis' score of -0.06 indicating that Electromed is being referred to more favorably in the media.

Company Overall Sentiment
Electromed Positive
Enovis Neutral

40.8% of Electromed shares are owned by institutional investors. Comparatively, 98.5% of Enovis shares are owned by institutional investors. 10.5% of Electromed shares are owned by company insiders. Comparatively, 2.9% of Enovis shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Electromed currently has a consensus target price of $37.50, indicating a potential downside of 18.16%. Enovis has a consensus target price of $41.71, indicating a potential upside of 65.72%. Given Enovis' higher probable upside, analysts plainly believe Enovis is more favorable than Electromed.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Electromed
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.25
Enovis
2 Sell rating(s)
0 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.60

Electromed has a net margin of 11.34% compared to Enovis' net margin of -49.92%. Electromed's return on equity of 15.71% beat Enovis' return on equity.

Company Net Margins Return on Equity Return on Assets
Electromed11.34% 15.71% 13.37%
Enovis -49.92%10.32%4.57%

Electromed has a beta of 0.5, indicating that its stock price is 50% less volatile than the broader market. Comparatively, Enovis has a beta of 1.39, indicating that its stock price is 39% more volatile than the broader market.

Summary

Electromed beats Enovis on 11 of the 17 factors compared between the two stocks.

How does Electromed compare to Inspire Medical Systems?

Inspire Medical Systems (NYSE:INSP) and Electromed (NYSE:ELMD) are both small-cap medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, institutional ownership, analyst recommendations, media sentiment, profitability, earnings, dividends and risk.

Inspire Medical Systems has higher revenue and earnings than Electromed. Inspire Medical Systems is trading at a lower price-to-earnings ratio than Electromed, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Inspire Medical Systems$911.98M1.63$145.42M$4.4911.48
Electromed$71.75M5.29$5.15M$1.1739.16

Inspire Medical Systems has a beta of 0.71, meaning that its stock price is 29% less volatile than the broader market. Comparatively, Electromed has a beta of 0.5, meaning that its stock price is 50% less volatile than the broader market.

Inspire Medical Systems currently has a consensus price target of $81.05, suggesting a potential upside of 57.24%. Electromed has a consensus price target of $37.50, suggesting a potential downside of 18.16%. Given Inspire Medical Systems' higher probable upside, analysts clearly believe Inspire Medical Systems is more favorable than Electromed.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Inspire Medical Systems
2 Sell rating(s)
14 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.19
Electromed
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.25

Inspire Medical Systems has a net margin of 14.33% compared to Electromed's net margin of 11.34%. Electromed's return on equity of 15.71% beat Inspire Medical Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Inspire Medical Systems14.33% 10.35% 8.81%
Electromed 11.34%15.71%13.37%

94.9% of Inspire Medical Systems shares are held by institutional investors. Comparatively, 40.8% of Electromed shares are held by institutional investors. 2.2% of Inspire Medical Systems shares are held by company insiders. Comparatively, 10.5% of Electromed shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

In the previous week, Inspire Medical Systems had 4 more articles in the media than Electromed. MarketBeat recorded 4 mentions for Inspire Medical Systems and 0 mentions for Electromed. Inspire Medical Systems' average media sentiment score of 1.00 equaled Electromed'saverage media sentiment score.

Company Overall Sentiment
Inspire Medical Systems Positive
Electromed Positive

Summary

Inspire Medical Systems beats Electromed on 9 of the 15 factors compared between the two stocks.

How does Electromed compare to BioLife Solutions?

Electromed (NYSE:ELMD) and BioLife Solutions (NASDAQ:BLFS) are both small-cap medical companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, institutional ownership, risk, analyst recommendations, valuation, dividends, profitability and media sentiment.

Electromed has a net margin of 11.34% compared to BioLife Solutions' net margin of -2.80%. Electromed's return on equity of 15.71% beat BioLife Solutions' return on equity.

Company Net Margins Return on Equity Return on Assets
Electromed11.34% 15.71% 13.37%
BioLife Solutions -2.80%1.81%1.65%

Electromed has higher earnings, but lower revenue than BioLife Solutions. BioLife Solutions is trading at a lower price-to-earnings ratio than Electromed, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Electromed$71.75M5.29$5.15M$1.1739.16
BioLife Solutions$96.21M14.34-$4.59M-$0.08N/A

40.8% of Electromed shares are owned by institutional investors. Comparatively, 93.2% of BioLife Solutions shares are owned by institutional investors. 10.5% of Electromed shares are owned by insiders. Comparatively, 2.2% of BioLife Solutions shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

In the previous week, Electromed's average media sentiment score of 1.00 beat BioLife Solutions' score of 0.00 indicating that Electromed is being referred to more favorably in the media.

Company Overall Sentiment
Electromed Positive
BioLife Solutions Neutral

Electromed presently has a consensus target price of $37.50, indicating a potential downside of 18.16%. BioLife Solutions has a consensus target price of $32.00, indicating a potential upside of 13.35%. Given BioLife Solutions' higher possible upside, analysts plainly believe BioLife Solutions is more favorable than Electromed.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Electromed
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.25
BioLife Solutions
1 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.40

Electromed has a beta of 0.5, indicating that its share price is 50% less volatile than the broader market. Comparatively, BioLife Solutions has a beta of 1.94, indicating that its share price is 94% more volatile than the broader market.

Summary

Electromed beats BioLife Solutions on 10 of the 15 factors compared between the two stocks.

How does Electromed compare to iRadimed?

Electromed (NYSE:ELMD) and iRadimed (NASDAQ:IRMD) are both small-cap medical companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, media sentiment, valuation, dividends, institutional ownership, analyst recommendations, earnings and profitability.

In the previous week, iRadimed had 2 more articles in the media than Electromed. MarketBeat recorded 2 mentions for iRadimed and 0 mentions for Electromed. iRadimed's average media sentiment score of 1.03 beat Electromed's score of 1.00 indicating that iRadimed is being referred to more favorably in the news media.

Company Overall Sentiment
Electromed Positive
iRadimed Positive

iRadimed has higher revenue and earnings than Electromed. Electromed is trading at a lower price-to-earnings ratio than iRadimed, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Electromed$71.75M5.29$5.15M$1.1739.16
iRadimed$83.81M14.95$22.48M$1.8353.57

Electromed presently has a consensus price target of $37.50, suggesting a potential downside of 18.16%. iRadimed has a consensus price target of $120.00, suggesting a potential upside of 22.40%. Given iRadimed's higher possible upside, analysts clearly believe iRadimed is more favorable than Electromed.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Electromed
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.25
iRadimed
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.00

iRadimed has a net margin of 27.36% compared to Electromed's net margin of 11.34%. iRadimed's return on equity of 24.48% beat Electromed's return on equity.

Company Net Margins Return on Equity Return on Assets
Electromed11.34% 15.71% 13.37%
iRadimed 27.36%24.48%21.25%

40.8% of Electromed shares are owned by institutional investors. Comparatively, 92.3% of iRadimed shares are owned by institutional investors. 10.5% of Electromed shares are owned by insiders. Comparatively, 34.6% of iRadimed shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Electromed has a beta of 0.5, indicating that its share price is 50% less volatile than the broader market. Comparatively, iRadimed has a beta of 0.9, indicating that its share price is 10% less volatile than the broader market.

Summary

iRadimed beats Electromed on 13 of the 15 factors compared between the two stocks.

How does Electromed compare to Cadre?

Cadre (NYSE:CDRE) and Electromed (NYSE:ELMD) are both small-cap medical equipment companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, valuation, profitability, media sentiment, risk, dividends and earnings.

Electromed has a net margin of 11.34% compared to Cadre's net margin of 5.80%. Electromed's return on equity of 15.71% beat Cadre's return on equity.

Company Net Margins Return on Equity Return on Assets
Cadre5.80% 12.39% 5.08%
Electromed 11.34%15.71%13.37%

44.0% of Cadre shares are held by institutional investors. Comparatively, 40.8% of Electromed shares are held by institutional investors. 30.1% of Cadre shares are held by insiders. Comparatively, 10.5% of Electromed shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Cadre presently has a consensus target price of $39.75, suggesting a potential upside of 34.91%. Electromed has a consensus target price of $37.50, suggesting a potential downside of 18.16%. Given Cadre's higher probable upside, equities analysts clearly believe Cadre is more favorable than Electromed.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cadre
1 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.57
Electromed
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
3.25

In the previous week, Cadre had 3 more articles in the media than Electromed. MarketBeat recorded 3 mentions for Cadre and 0 mentions for Electromed. Electromed's average media sentiment score of 1.00 beat Cadre's score of 0.04 indicating that Electromed is being referred to more favorably in the news media.

Company Overall Sentiment
Cadre Neutral
Electromed Positive

Cadre has higher revenue and earnings than Electromed. Cadre is trading at a lower price-to-earnings ratio than Electromed, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cadre$610.31M2.07$44.14M$0.8933.11
Electromed$71.75M5.29$5.15M$1.1739.16

Cadre has a beta of 1.33, meaning that its share price is 33% more volatile than the broader market. Comparatively, Electromed has a beta of 0.5, meaning that its share price is 50% less volatile than the broader market.

Summary

Electromed beats Cadre on 8 of the 15 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ELMD and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ELMD vs. The Competition

MetricElectromedElectromedical equipment IndustryMedical SectorNYSE Exchange
Market Cap$379.39M$81.73M$6.93B$23.37B
Dividend YieldN/AN/A2.68%4.04%
P/E Ratio61.0910.1927.3731.18
Price / Sales5.29192.58549.6620.95
Price / Cash41.3641.3648.4524.85
Price / Book8.985.3911.024.77
Net Income$5.15M-$5.50M$3.57B$1.07B
7 Day Performance0.86%-1.35%0.42%-0.54%
1 Month Performance23.24%5.53%6.55%2.03%
1 Year Performance128.99%98.10%29.66%15.88%

Electromed Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ELMD
Electromed
1.2304 of 5 stars
$45.82
+4.3%
$37.50
-18.2%
+123.4%$379.39M$71.75M61.09160
ENOV
Enovis
4.0273 of 5 stars
$25.52
-1.5%
$43.83
+71.8%
-29.1%$1.47B$2.25BN/A7,802
INSP
Inspire Medical Systems
4.5809 of 5 stars
$49.55
+0.2%
$81.05
+63.6%
-61.7%$1.43B$911.98M11.051,333
BLFS
BioLife Solutions
2.3746 of 5 stars
$27.27
-1.9%
$32.00
+17.3%
+26.4%$1.33B$96.21MN/A440
IRMD
iRadimed
2.5913 of 5 stars
$101.75
-0.5%
$120.00
+17.9%
+63.9%$1.30B$83.81M55.54110

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This page (NYSE:ELMD) was last updated on 7/10/2026 by MarketBeat.com Staff.
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