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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
State of the Union: Biden sees economic glow, GOP sees gloom
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Tesla hikes price of Model Y after US alters tax credit rule
Disney World unions vote down offer covering 45,000 workers
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
How will EU ban and West's price cap on Russian diesel work?
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
State of the Union: Biden sees economic glow, GOP sees gloom
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Tesla hikes price of Model Y after US alters tax credit rule
Disney World unions vote down offer covering 45,000 workers
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
How will EU ban and West's price cap on Russian diesel work?
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
State of the Union: Biden sees economic glow, GOP sees gloom
Cash Holders STILL Aren't Taking Steps to Prepare (Ad)
Tesla hikes price of Model Y after US alters tax credit rule
Disney World unions vote down offer covering 45,000 workers
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
Route to Super Bowl dangerous for Mexico's avocado haulers
Iraqi currency crash halts after meeting with U.S. official
Know Your Profit Potential BEFORE You Trade! (Ad)pixel
How will EU ban and West's price cap on Russian diesel work?
It wasn’t me: Ex-UK PM Truss blames 'system' for her failure
NYSE:CNMD

CONMED - CNMD Stock Forecast, Price & News

$102.61
-4.66 (-4.34%)
(As of 02/3/2023 12:00 AM ET)
Add
Compare
Today's Range
$101.50
$111.16
50-Day Range
$79.75
$107.27
52-Week Range
$71.09
$155.51
Volume
1.21 million shs
Average Volume
400,978 shs
Market Capitalization
$3.13 billion
P/E Ratio
N/A
Dividend Yield
0.78%
Price Target
$120.00

CONMED MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
16.9% Upside
$120.00 Price Target
Short Interest
Bearish
11.71% of Shares Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.74
Upright™ Environmental Score
News Sentiment
-0.14mentions of CONMED in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$401,895 Sold Last Quarter
Proj. Earnings Growth
24.40%
From $3.32 to $4.13 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.03 out of 5 stars

Medical Sector

524th out of 1,028 stocks

Electromedical Equipment Industry

13th out of 24 stocks

CNMD stock logo

About CONMED (NYSE:CNMD) Stock

CONMED Corp. operates as a medical technology company, which engages in the development, manufacture and sale of surgical devices and related equipment. It operates through the following geographical segments: United States, Americas excluding the United States, Europe, Middle East, and Africa, and Asia Pacific. Its products are used by surgeons and physicians in a variety of medical specialties, including orthopedic surgery, general surgery, gynecology, neurosurgery, thoracic surgery, and gastroenterology. The company was founded by Eugene R. Corasanti in 1970 and is headquartered in Largo, FL.

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CNMD Stock News Headlines

“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Contrasting CONMED (NYSE:CNMD) & BioLife Solutions (NASDAQ:BLFS)
CONMED (NYSE:CNMD) Issues FY 2023 Earnings Guidance
Conmed: Q4 Earnings Snapshot
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Conmed (CNMD) Lags Q4 Earnings and Revenue Estimates
CONMED (CNMD) Set to Announce Quarterly Earnings on Thursday
Reviewing CONMED (NYSE:CNMD) & Star Equity (NASDAQ:STRR)
CONMED Corp.
ConMed: Still Fairly Priced, Turning More Constructive
CONMED Corporation Announces Quarterly Cash Dividend
Why Is Conmed (CNMD) Up 6.8% Since Last Earnings Report?
CONMED Corp. Withdraws Full-year Guidance
See More Headlines
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CNMD Company Calendar

Ex-Dividend for 1/5 Dividend
12/15/2022
Dividend Payable
1/05/2023
Last Earnings
2/02/2023
Today
2/05/2023
Next Earnings (Estimated)
5/03/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Electromedical equipment
Sub-Industry
N/A
Sector
Medical
Employees
3,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$120.00
High Stock Price Forecast
$122.00
Low Stock Price Forecast
$118.00
Forecasted Upside/Downside
+16.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$62.54 million
Pretax Margin
-2.87%

Debt

Sales & Book Value

Annual Sales
$1.05 billion
Cash Flow
$6.30 per share
Book Value
$26.85 per share

Miscellaneous

Free Float
28,988,000
Market Cap
$3.13 billion
Optionable
Optionable
Beta
1.33

Key Executives

  • Curt R. HartmanCurt R. Hartman
    Chairman, President & Chief Executive Officer
  • Todd W. GarnerTodd W. Garner
    Chief Financial Officer & Executive Vice President
  • Shanna L. Cotti-Osmanski
    Chief Information Officer & Executive VP-IT
  • Heather L. Cohen
    EVP, Chief Human Resources & Legal Officer
  • Terence M. Bergé
    Vice President & Controller













CNMD Stock - Frequently Asked Questions

Should I buy or sell CONMED stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CONMED in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CNMD shares.
View CNMD analyst ratings
or view top-rated stocks.

What is CONMED's stock price forecast for 2023?

2 Wall Street research analysts have issued 1-year target prices for CONMED's shares. Their CNMD share price forecasts range from $118.00 to $122.00. On average, they predict the company's share price to reach $120.00 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price.
View analysts price targets for CNMD
or view top-rated stocks among Wall Street analysts.

How have CNMD shares performed in 2023?

CONMED's stock was trading at $88.64 at the beginning of 2023. Since then, CNMD stock has increased by 15.8% and is now trading at $102.61.
View the best growth stocks for 2023 here
.

When is CONMED's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
View our CNMD earnings forecast
.

How were CONMED's earnings last quarter?

CONMED Co. (NYSE:CNMD) released its earnings results on Thursday, February, 2nd. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.93 by $0.51. The company earned $250.87 million during the quarter, compared to analysts' expectations of $302.48 million. CONMED had a positive trailing twelve-month return on equity of 11.47% and a negative net margin of 7.71%. The firm's revenue was down 8.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.07 EPS.

How often does CONMED pay dividends? What is the dividend yield for CONMED?

CONMED announced a quarterly dividend on Monday, December 5th. Investors of record on Friday, December 16th will be given a dividend of $0.20 per share on Thursday, January 5th. This represents a $0.80 dividend on an annualized basis and a yield of 0.78%. The ex-dividend date of this dividend is Thursday, December 15th.
Read our dividend analysis for CNMD
.

Is CONMED a good dividend stock?

CONMED (NYSE:CNMD) pays an annual dividend of $0.80 per share and currently has a dividend yield of 0.75%.
Read our dividend analysis for CNMD.

What guidance has CONMED issued on next quarter's earnings?

CONMED issued an update on its first quarter 2023 earnings guidance on Friday, February, 3rd. The company provided earnings per share (EPS) guidance of $0.58-$0.63 for the period, compared to the consensus EPS estimate of $0.61. The company issued revenue guidance of $262.00 million-$272.00 million, compared to the consensus revenue estimate of $268.73 million.

What is CONMED's stock symbol?

CONMED trades on the New York Stock Exchange (NYSE) under the ticker symbol "CNMD."

Who are CONMED's major shareholders?

CONMED's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (1.13%), New York State Common Retirement Fund (0.98%), Congress Asset Management Co. MA (0.55%), Mountain Pacific Investment Advisers Inc. ID (0.41%), Peregrine Capital Management LLC (0.38%) and Moody Aldrich Partners LLC (0.17%).
View institutional ownership trends
.

How do I buy shares of CONMED?

Shares of CNMD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is CONMED's stock price today?

One share of CNMD stock can currently be purchased for approximately $102.61.

How much money does CONMED make?

CONMED (NYSE:CNMD) has a market capitalization of $3.13 billion and generates $1.05 billion in revenue each year. The company earns $62.54 million in net income (profit) each year or ($2.84) on an earnings per share basis.

How many employees does CONMED have?

The company employs 3,800 workers across the globe.

How can I contact CONMED?

CONMED's mailing address is 525 FRENCH ROAD, UTICA NY, 13502. The official website for the company is www.conmed.com. The company can be reached via phone at (727) 392-6464 or via fax at 315-797-0321.

This page (NYSE:CNMD) was last updated on 2/5/2023 by MarketBeat.com Staff