Butterfly Network (BFLY) Competitors

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

Which has higher valuation and earnings, 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	$82.06M	5.92	-$72.49M	-$0.29	-6.78
CONMED	$1.31B	1.21	$132.42M	$3.80	13.40

Does the media favor BFLY or CNMD?

In the previous week, Butterfly Network had 3 more articles in the media than CONMED. MarketBeat recorded 6 mentions for Butterfly Network and 3 mentions for CONMED. CONMED's average media sentiment score of 0.60 beat Butterfly Network's score of 0.26 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	2 Very Positive mention(s)	0 Positive mention(s)	3 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Neutral
CONMED	2 Very Positive mention(s)	0 Positive mention(s)	1 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Do insiders & institutionals have more ownership in BFLY or CNMD?

37.9% of Butterfly Network shares are held by institutional investors. 25.2% of Butterfly Network shares are held by company insiders. Comparatively, 3.1% of CONMED shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Do analysts rate BFLY or CNMD?

Butterfly Network presently has a consensus target price of $3.50, suggesting a potential upside of 78.12%. CONMED has a consensus target price of $62.20, suggesting a potential upside of 22.14%. Given Butterfly Network's stronger consensus rating and higher possible 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)	3 Buy rating(s)	0 Strong Buy rating(s)	3.00
CONMED	0 Sell rating(s)	4 Hold rating(s)	1 Buy rating(s)	0 Strong Buy rating(s)	2.20

Is BFLY or CNMD more profitable?

CONMED has a net margin of 9.02% compared to Butterfly Network's net margin of -75.56%. CONMED's return on equity of 14.36% beat Butterfly Network's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Butterfly Network	-75.56%	-29.97%	-21.13%
CONMED	9.02%	14.36%	5.86%

Which has more risk and volatility, BFLY or CNMD?

Butterfly Network has a beta of 2.46, suggesting that its stock price is 146% more volatile than the S&P 500. Comparatively, CONMED has a beta of 1.2, suggesting that its stock price is 20% more volatile than the S&P 500.

Summary

Butterfly Network and CONMED tied by winning 8 of the 16 factors compared between the two stocks.