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CONMED (CNMD) Competitors

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$49.24 -0.70 (-1.39%)
Closing price 03:59 PM Eastern
Extended Trading
$49.24 +0.00 (+0.00%)
As of 06:04 PM Eastern
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CNMD vs. MMSI, GKOS, BLCO, NARI, IRTC, SLNO, TMDX, INSP, NVST, and PRCT

Should you be buying CONMED stock or one of its competitors? The main competitors of CONMED include Merit Medical Systems (MMSI), Glaukos (GKOS), Bausch + Lomb (BLCO), Inari Medical (NARI), iRhythm Technologies (IRTC), Soleno Therapeutics (SLNO), TransMedics Group (TMDX), Inspire Medical Systems (INSP), Envista (NVST), and PROCEPT BioRobotics (PRCT). These companies are all part of the "medical" sector.

CONMED vs. Its Competitors

Merit Medical Systems (NASDAQ:MMSI) and CONMED (NYSE:CNMD) are both medical companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, risk, valuation, media sentiment, analyst recommendations, earnings, institutional ownership and profitability.

In the previous week, Merit Medical Systems had 2 more articles in the media than CONMED. MarketBeat recorded 7 mentions for Merit Medical Systems and 5 mentions for CONMED. Merit Medical Systems' average media sentiment score of 1.65 beat CONMED's score of 0.94 indicating that Merit Medical Systems is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Merit Medical Systems
6 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
CONMED
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Merit Medical Systems has a beta of 0.65, indicating that its share price is 35% less volatile than the S&P 500. Comparatively, CONMED has a beta of 1.2, indicating that its share price is 20% more volatile than the S&P 500.

99.7% of Merit Medical Systems shares are held by institutional investors. 3.2% of Merit Medical Systems shares are held by company insiders. Comparatively, 3.1% of CONMED shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Merit Medical Systems$1.36B3.68$120.36M$2.0441.44
CONMED$1.31B1.17$132.42M$3.8012.96

CONMED has a net margin of 9.02% compared to Merit Medical Systems' net margin of 8.81%. Merit Medical Systems' return on equity of 15.52% beat CONMED's return on equity.

Company Net Margins Return on Equity Return on Assets
Merit Medical Systems8.81% 15.52% 8.72%
CONMED 9.02%14.36%5.86%

Merit Medical Systems currently has a consensus target price of $109.11, indicating a potential upside of 29.06%. CONMED has a consensus target price of $62.20, indicating a potential upside of 26.31%. Given Merit Medical Systems' stronger consensus rating and higher probable upside, equities analysts plainly believe Merit Medical Systems is more favorable than CONMED.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Merit Medical Systems
0 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.89
CONMED
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.20

Summary

Merit Medical Systems beats CONMED on 12 of the 16 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 CNMD 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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CNMD vs. The Competition

MetricCONMEDMED/DENTAL IndustryMedical SectorNYSE Exchange
Market Cap$1.55B$15.49B$5.57B$20.75B
Dividend Yield1.60%1.46%3.80%3.67%
P/E Ratio12.9618.3328.1027.60
Price / Sales1.172.29441.4159.14
Price / Cash7.4416.9435.8422.13
Price / Book1.583.788.264.66
Net Income$132.42M$430.42M$3.24B$994.58M
7 Day Performance-8.08%-1.88%0.51%-0.69%
1 Month Performance-5.64%4.10%7.99%5.41%
1 Year Performance-33.08%14.78%28.68%9.18%

CONMED Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNMD
CONMED
4.7094 of 5 stars
$49.24
-1.4%
$62.20
+26.3%
-32.2%$1.55B$1.31B12.963,900News Coverage
MMSI
Merit Medical Systems
4.6607 of 5 stars
$91.12
-2.6%
$109.11
+19.7%
-3.6%$5.39B$1.36B44.677,400Positive News
Analyst Forecast
GKOS
Glaukos
4.352 of 5 stars
$101.69
-1.7%
$134.67
+32.4%
-21.7%$5.81B$383.48M-42.91780Analyst Forecast
BLCO
Bausch + Lomb
2.1164 of 5 stars
$13.83
-0.4%
$15.54
+12.4%
-16.2%$4.89B$4.83B-13.4313,500
NARI
Inari Medical
0.2577 of 5 stars
$79.97
flat
$69.22
-13.4%
N/A$4.68B$493.63M-59.24800News Coverage
IRTC
iRhythm Technologies
1.1468 of 5 stars
$139.22
-2.3%
$138.60
-0.4%
+30.5%$4.44B$591.84M-44.342,000Analyst Forecast
SLNO
Soleno Therapeutics
4.1808 of 5 stars
$85.27
-1.6%
$107.10
+25.6%
+65.9%$4.30BN/A-18.4630
TMDX
TransMedics Group
2.1056 of 5 stars
$125.17
-3.1%
$127.33
+1.7%
-25.4%$4.23B$441.54M92.04210Analyst Forecast
INSP
Inspire Medical Systems
4.8727 of 5 stars
$127.11
-1.1%
$211.91
+66.7%
-12.7%$3.75B$802.80M58.581,246Positive News
Analyst Forecast
NVST
Envista
3.3833 of 5 stars
$19.66
-3.6%
$20.23
+2.9%
+16.9%$3.33B$2.51B-3.0112,300News Coverage
Analyst Revision
PRCT
PROCEPT BioRobotics
2.2345 of 5 stars
$56.97
-1.6%
$90.00
+58.0%
-18.2%$3.15B$224.50M-33.51430Analyst Forecast
Analyst Revision

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This page (NYSE:CNMD) was last updated on 7/17/2025 by MarketBeat.com Staff
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