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CONMED (CNMD) Competitors

CONMED logo
$60.08 -0.65 (-1.07%)
As of 03:53 PM Eastern

CNMD vs. STVN, GKOS, INSP, NARI, IRTC, BLCO, SLNO, TMDX, PRCT, and NVST

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

CONMED vs.

CONMED (NYSE:CNMD) and Stevanato Group (NYSE:STVN) are both medical companies, but which is the better stock? We will compare the two businesses based on the strength of their valuation, dividends, risk, community ranking, profitability, analyst recommendations, media sentiment, earnings and institutional ownership.

CONMED received 6 more outperform votes than Stevanato Group when rated by MarketBeat users. However, 63.27% of users gave Stevanato Group an outperform vote while only 45.68% of users gave CONMED an outperform vote.

CompanyUnderperformOutperform
CONMEDOutperform Votes
37
45.68%
Underperform Votes
44
54.32%
Stevanato GroupOutperform Votes
31
63.27%
Underperform Votes
18
36.73%

In the previous week, Stevanato Group had 7 more articles in the media than CONMED. MarketBeat recorded 18 mentions for Stevanato Group and 11 mentions for CONMED. CONMED's average media sentiment score of 0.97 beat Stevanato Group's score of 0.91 indicating that CONMED is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CONMED
7 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Stevanato Group
7 Very Positive mention(s)
1 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

CONMED presently has a consensus target price of $62.20, indicating a potential upside of 3.48%. Given CONMED's higher possible upside, equities research analysts plainly believe CONMED is more favorable than Stevanato Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CONMED
0 Sell rating(s)
3 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.40
Stevanato Group
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.86

CONMED has a beta of 1.19, suggesting that its stock price is 19% more volatile than the S&P 500. Comparatively, Stevanato Group has a beta of 0.51, suggesting that its stock price is 49% less volatile than the S&P 500.

CONMED pays an annual dividend of $0.80 per share and has a dividend yield of 1.3%. Stevanato Group pays an annual dividend of €0.06 per share and has a dividend yield of 0.2%. CONMED pays out 21.1% of its earnings in the form of a dividend. Stevanato Group pays out 11.8% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Stevanato Group has raised its dividend for 1 consecutive years.

Stevanato Group has a net margin of 10.47% compared to CONMED's net margin of 10.13%. CONMED's return on equity of 14.31% beat Stevanato Group's return on equity.

Company Net Margins Return on Equity Return on Assets
CONMED10.13% 14.31% 5.64%
Stevanato Group 10.47%9.86%5.79%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CONMED$1.32B1.41$132.42M$3.8015.82
Stevanato Group$1.10B6.62$157.62M$0.5147.29

Summary

Stevanato Group beats CONMED on 12 of the 20 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$1.86B$3.26B$5.36B$19.50B
Dividend Yield1.43%1.76%5.44%3.95%
P/E Ratio14.1816.9825.5834.73
Price / Sales1.4167.70404.2935.20
Price / Cash9.1344.0938.3117.51
Price / Book1.933.586.744.73
Net Income$132.42M$87.85M$3.23B$1.02B
7 Day Performance7.39%3.08%2.20%4.65%
1 Month Performance16.26%16.23%9.98%11.31%
1 Year Performance-17.42%-16.99%15.18%6.39%

CONMED Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNMD
CONMED
4.1674 of 5 stars
$60.08
-1.1%
$62.20
+3.5%
-14.6%$1.86B$1.32B14.174,100
STVN
Stevanato Group
1.0189 of 5 stars
€22.11
+3.4%
N/A+8.3%$6.70B$1.10B47.044,650Analyst Revision
News Coverage
Gap Down
GKOS
Glaukos
4.6925 of 5 stars
$86.80
-0.9%
$137.62
+58.5%
-14.4%$4.96B$383.48M-30.24780Positive News
INSP
Inspire Medical Systems
4.7475 of 5 stars
$159.67
-0.1%
$218.90
+37.1%
-6.7%$4.75B$802.80M92.29760Positive News
NARI
Inari Medical
N/A$79.97
flat
$69.22
-13.4%
N/A$4.68B$493.63M-59.24800
IRTC
iRhythm Technologies
1.2442 of 5 stars
$135.76
+3.5%
$128.55
-5.3%
+39.2%$4.33B$591.84M-37.301,790Positive News
High Trading Volume
BLCO
Bausch + Lomb
4.3076 of 5 stars
$11.37
-1.1%
$16.14
+41.9%
-22.7%$4.02B$4.83B-12.4912,500News Coverage
High Trading Volume
SLNO
Soleno Therapeutics
4.6136 of 5 stars
$76.49
+1.7%
$104.67
+36.8%
+70.5%$3.82BN/A-23.0430Earnings Report
Analyst Revision
Positive News
TMDX
TransMedics Group
1.863 of 5 stars
$92.21
+2.5%
$124.20
+34.7%
-8.7%$3.12B$441.54M98.10210Earnings Report
Positive News
PRCT
PROCEPT BioRobotics
2.7798 of 5 stars
$54.41
-2.2%
$90.00
+65.4%
-13.1%$3.01B$249.12M-27.90430
NVST
Envista
3.4974 of 5 stars
$17.00
+0.1%
$20.38
+19.9%
+0.1%$2.88B$2.50B-2.6212,700

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This page (NYSE:CNMD) was last updated on 5/13/2025 by MarketBeat.com Staff
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