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CONMED (CNMD) Competitors

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$67.74 +0.89 (+1.32%)
As of 01/17/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

CNMD vs. GKOS, STVN, BLCO, INSP, NARI, PRCT, NVST, IRTC, NVCR, and LIVN

Should you be buying CONMED stock or one of its competitors? The main competitors of CONMED include Glaukos (GKOS), Stevanato Group (STVN), Bausch + Lomb (BLCO), Inspire Medical Systems (INSP), Inari Medical (NARI), PROCEPT BioRobotics (PRCT), Envista (NVST), iRhythm Technologies (IRTC), NovoCure (NVCR), and LivaNova (LIVN). These companies are all part of the "medical equipment" industry.

CONMED vs.

Glaukos (NYSE:GKOS) and CONMED (NYSE:CNMD) are both mid-cap medical companies, but which is the better investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, dividends, risk, valuation, profitability, analyst recommendations, media sentiment and community ranking.

Glaukos received 412 more outperform votes than CONMED when rated by MarketBeat users. Likewise, 64.83% of users gave Glaukos an outperform vote while only 47.22% of users gave CONMED an outperform vote.

CompanyUnderperformOutperform
GlaukosOutperform Votes
446
64.83%
Underperform Votes
242
35.17%
CONMEDOutperform Votes
34
47.22%
Underperform Votes
38
52.78%

99.0% of Glaukos shares are held by institutional investors. 6.4% of Glaukos shares are held by company insiders. Comparatively, 6.8% 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 a net margin of 10.23% compared to Glaukos' net margin of -42.43%. CONMED's return on equity of 13.84% beat Glaukos' return on equity.

Company Net Margins Return on Equity Return on Assets
Glaukos-42.43% -18.99% -11.47%
CONMED 10.23%13.84%5.26%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Glaukos$314.71M27.44-$134.66M-$3.02-51.85
CONMED$1.29B1.62$64.46M$4.2116.09

In the previous week, Glaukos had 1 more articles in the media than CONMED. MarketBeat recorded 6 mentions for Glaukos and 5 mentions for CONMED. CONMED's average media sentiment score of 1.33 beat Glaukos' score of 0.64 indicating that CONMED is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Glaukos
3 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
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

Glaukos has a beta of 1.04, suggesting that its share price is 4% more volatile than the S&P 500. Comparatively, CONMED has a beta of 1.47, suggesting that its share price is 47% more volatile than the S&P 500.

Glaukos presently has a consensus price target of $147.75, indicating a potential downside of 5.65%. CONMED has a consensus price target of $79.80, indicating a potential upside of 17.79%. Given CONMED's higher possible upside, analysts plainly believe CONMED is more favorable than Glaukos.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Glaukos
1 Sell rating(s)
1 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.85
CONMED
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80

Summary

CONMED beats Glaukos on 11 of the 19 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 {thisCompany.Symbol} 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

MetricCONMEDElectromedical equipment IndustryMedical SectorNYSE Exchange
Market Cap$2.09B$3.59B$5.36B$19.88B
Dividend Yield1.18%1.74%5.13%3.70%
P/E Ratio16.0918.6889.4741.44
Price / Sales1.6273.621,262.7017.21
Price / Cash11.3641.1043.7519.84
Price / Book2.503.915.325.73
Net Income$64.46M$96.59M$122.60M$993.95M
7 Day Performance-1.52%3.48%0.69%3.14%
1 Month Performance-4.89%3.30%1.55%1.89%
1 Year Performance-38.13%6.16%27.25%19.67%

CONMED Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNMD
CONMED
4.7698 of 5 stars
$67.75
+1.3%
$79.80
+17.8%
-38.1%$2.09B$1.29B16.094,000
GKOS
Glaukos
3.5842 of 5 stars
$152.27
-2.7%
$147.75
-3.0%
+75.2%$8.40B$360.35M-50.42780Short Interest ↑
STVN
Stevanato Group
N/A€22.11
-3.6%
N/A-16.2%$6.53B$1.09B47.045,635Gap Down
BLCO
Bausch + Lomb
2.9287 of 5 stars
$17.28
-2.7%
$20.58
+19.1%
+18.0%$6.09B$4.68B-16.4613,300Analyst Forecast
INSP
Inspire Medical Systems
4.8442 of 5 stars
$175.94
-13.1%
$233.58
+32.8%
-5.2%$5.27B$755.59M164.431,011Gap Down
High Trading Volume
NARI
Inari Medical
1.5468 of 5 stars
$79.36
+0.1%
$68.00
-14.3%
+36.7%$4.65B$574.50M-58.78800
PRCT
PROCEPT BioRobotics
2.5134 of 5 stars
$82.72
-4.8%
$97.86
+18.3%
+64.0%$4.32B$199.84M-42.42430News Coverage
NVST
Envista
3.4974 of 5 stars
$19.08
+2.7%
$20.21
+5.9%
-14.0%$3.28B$2.50B-2.4612,700News Coverage
IRTC
iRhythm Technologies
1.4425 of 5 stars
$94.81
-3.0%
$108.45
+14.4%
-2.0%$2.97B$560.03M-19.511,790
NVCR
NovoCure
3.1156 of 5 stars
$26.70
-2.7%
$32.67
+22.3%
+110.7%$2.89B$577.74M-19.071,320Analyst Forecast
Analyst Revision
News Coverage
LIVN
LivaNova
3.5627 of 5 stars
$47.51
+1.8%
$69.17
+45.6%
-4.2%$2.58B$1.15B113.122,900Analyst Upgrade

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This page (NYSE:CNMD) was last updated on 1/18/2025 by MarketBeat.com Staff
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