Butterfly Network (BFLY) Competitors

Butterfly Network (NYSE:BFLY) and CONMED (NYSE:CNMD) are both medical companies, but which is the superior business? We will compare the two companies based on the strength of their dividends, valuation, institutional ownership, community ranking, analyst recommendations, earnings, risk, profitability and media sentiment.

Does the media prefer BFLY or CNMD?

In the previous week, Butterfly Network had 1 more articles in the media than CONMED. MarketBeat recorded 4 mentions for Butterfly Network and 3 mentions for CONMED. CONMED's average media sentiment score of 1.37 beat Butterfly Network's score of 0.67 indicating that CONMED is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Butterfly Network	1 Very Positive mention(s)	2 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive
CONMED	2 Very Positive mention(s)	0 Positive mention(s)	0 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Do institutionals & insiders hold more shares of BFLY or CNMD?

37.8% of Butterfly Network shares are owned by institutional investors. 27.3% of Butterfly Network shares are owned by company insiders. Comparatively, 6.8% of CONMED 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.

Which has stronger earnings & valuation, BFLY or CNMD?

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Butterfly Network	$76.22M	6.57	-$133.70M	-$0.46	-5.11
CONMED	$1.24B	1.79	$64.46M	$4.21	17.16

Which has more volatility & risk, BFLY or CNMD?

Butterfly Network has a beta of 2.17, meaning that its stock price is 117% more volatile than the S&P 500. Comparatively, CONMED has a beta of 1.45, meaning that its stock price is 45% more volatile than the S&P 500.

Do analysts rate BFLY or CNMD?

Butterfly Network presently has a consensus price target of $3.00, indicating a potential upside of 27.66%. CONMED has a consensus price target of $79.80, indicating a potential upside of 10.47%. Given Butterfly Network's stronger consensus rating and higher probable upside, equities analysts clearly believe Butterfly Network is more favorable than CONMED.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Butterfly Network	0 Sell rating(s)	0 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	3.00
CONMED	0 Sell rating(s)	1 Hold rating(s)	4 Buy rating(s)	0 Strong Buy rating(s)	2.80

Does the MarketBeat Community prefer BFLY or CNMD?

CONMED received 28 more outperform votes than Butterfly Network when rated by MarketBeat users. However, 66.67% of users gave Butterfly Network an outperform vote while only 47.22% of users gave CONMED an outperform vote.

Company	Underperform	Outperform
Butterfly Network	Outperform Votes 6 66.67%	Underperform Votes 3 33.33%
CONMED	Outperform Votes 34 47.22%	Underperform Votes 38 52.78%

Is BFLY or CNMD more profitable?

CONMED has a net margin of 10.23% compared to Butterfly Network's net margin of -129.25%. CONMED's return on equity of 13.84% beat Butterfly Network's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Butterfly Network	-129.25%	-42.68%	-30.31%
CONMED	10.23%	13.84%	5.26%

Summary

CONMED beats Butterfly Network on 10 of the 18 factors compared between the two stocks.