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Electromed ( (ELMD) ) has issued an announcement.
On December 16, 2025, Electromed, Inc. entered into a new senior secured credit agreement with BMO Bank N.A. for a $10 million revolving line of credit maturing on December 16, 2026, secured by a first-priority interest in substantially all existing and future assets and subject to customary covenants, indemnities and default provisions. The facility, which bears interest at one-month Term SOFR plus 1.75%, is intended to fund capital expenditures, working capital and general corporate purposes, and imposes ongoing financial covenants including a minimum fixed charge coverage ratio of 1.20x and a maximum total funded debt-to-EBITDA ratio of 2.50x; in connection with the new arrangement, the company terminated its prior credit facility with Choice Financial Group, effectively reshaping its financing structure and liquidity profile.
The most recent analyst rating on (ELMD) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on Electromed stock, see the ELMD Stock Forecast page.
Spark’s Take on ELMD Stock
According to Spark, TipRanks’ AI Analyst, ELMD is a Outperform.
Electromed’s strong financial performance and positive earnings call sentiment are the most significant factors driving the score. The technical analysis shows a strong trend but warns of potential overbought conditions. Valuation concerns due to a high P/E ratio and lack of dividend yield slightly temper the overall score.
To see Spark’s full report on ELMD stock, click here.
More about Electromed
Average Trading Volume: 47,015
Technical Sentiment Signal: Strong Buy
Current Market Cap: $249.2M
Find detailed analytics on ELMD stock on TipRanks’ Stock Analysis page.