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CONMED (CNMD) Competitors

CONMED logo
$71.23 -0.09 (-0.13%)
(As of 12/17/2024 ET)

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

Should you be buying CONMED stock or one of its competitors? The main competitors of CONMED include Glaukos (GKOS), Bausch + Lomb (BLCO), Inspire Medical Systems (INSP), PROCEPT BioRobotics (PRCT), Axonics (AXNX), NovoCure (NVCR), Envista (NVST), Inari Medical (NARI), iRhythm Technologies (IRTC), 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 stock? We will compare the two businesses based on the strength of their earnings, institutional ownership, community ranking, dividends, valuation, analyst recommendations, profitability, media sentiment and risk.

Glaukos received 410 more outperform votes than CONMED when rated by MarketBeat users. Likewise, 64.72% of users gave Glaukos an outperform vote while only 47.22% of users gave CONMED an outperform vote.

CompanyUnderperformOutperform
GlaukosOutperform Votes
444
64.72%
Underperform Votes
242
35.28%
CONMEDOutperform Votes
34
47.22%
Underperform Votes
38
52.78%

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%

Glaukos has a beta of 1.03, meaning that its share price is 3% more volatile than the S&P 500. Comparatively, CONMED has a beta of 1.46, meaning that its share price is 46% more volatile than the S&P 500.

Glaukos presently has a consensus price target of $143.17, indicating a potential downside of 2.18%. CONMED has a consensus price target of $79.80, indicating a potential upside of 12.03%. 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

In the previous week, Glaukos had 17 more articles in the media than CONMED. MarketBeat recorded 18 mentions for Glaukos and 1 mentions for CONMED. CONMED's average media sentiment score of 1.05 beat Glaukos' score of 0.87 indicating that CONMED is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Glaukos
9 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
CONMED
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

99.0% of Glaukos shares are owned by institutional investors. 6.4% of Glaukos shares are owned by insiders. Comparatively, 6.8% of CONMED shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

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$360.35M22.39-$134.66M-$3.02-48.46
CONMED$1.29B1.71$64.46M$4.2116.92

Summary

CONMED beats Glaukos on 11 of the 19 factors compared between the two stocks.

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$2.20B$3.04B$5.13B$19.60B
Dividend Yield1.10%1.73%4.74%3.50%
P/E Ratio16.9217.38134.7943.92
Price / Sales1.7154.941,255.7117.46
Price / Cash12.1139.9140.4121.72
Price / Book2.633.754.905.46
Net Income$64.46M$87.97M$117.74M$986.21M
7 Day Performance-4.71%-3.88%14.56%-2.12%
1 Month Performance-1.40%-0.79%17.54%1.30%
1 Year Performance-37.06%8.62%36.48%16.47%

CONMED Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNMD
CONMED
4.6148 of 5 stars
$71.23
-0.1%
$79.80
+12.0%
-37.0%$2.20B$1.29B16.924,000Positive News
GKOS
Glaukos
4.0782 of 5 stars
$144.20
+3.8%
$143.17
-0.7%
+76.9%$7.95B$360.35M-46.00780Short Interest ↓
BLCO
Bausch + Lomb
2.2605 of 5 stars
$18.61
+0.1%
$20.58
+10.6%
+22.3%$6.55B$4.68B-17.7113,300Short Interest ↑
INSP
Inspire Medical Systems
4.6941 of 5 stars
$188.38
+0.3%
$233.58
+24.0%
+0.4%$5.65B$755.59M176.781,011Short Interest ↓
Positive News
PRCT
PROCEPT BioRobotics
3.0552 of 5 stars
$90.19
+1.1%
$97.86
+8.5%
+106.0%$4.71B$136.19M0.00626Positive News
AXNX
Axonics
1.1659 of 5 stars
$70.98
+0.8%
$71.00
+0.0%
+21.8%$3.63B$366.38M-591.45610High Trading Volume
NVCR
NovoCure
2.8683 of 5 stars
$32.91
-1.5%
$32.67
-0.7%
+134.1%$3.56B$577.74M-23.861,453
NVST
Envista
3.621 of 5 stars
$19.56
+0.5%
$20.65
+5.6%
-17.9%$3.37B$2.50B-2.5112,800Positive News
NARI
Inari Medical
2.5692 of 5 stars
$55.67
+0.1%
$58.89
+5.8%
-12.6%$3.26B$574.50M-41.181,300Analyst Forecast
News Coverage
IRTC
iRhythm Technologies
2.8808 of 5 stars
$90.08
+4.2%
$107.82
+19.7%
-10.5%$2.82B$492.68M-17.782,000
LIVN
LivaNova
3.9507 of 5 stars
$50.01
-2.9%
$69.17
+38.3%
+0.2%$2.72B$1.24B122.622,900Positive News

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This page (NYSE:CNMD) was last updated on 12/17/2024 by MarketBeat.com Staff
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