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CONMED (CNMD) Competitors

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$45.91 -0.56 (-1.21%)
Closing price 10/7/2025 03:59 PM Eastern
Extended Trading
$45.90 -0.01 (-0.02%)
As of 10/7/2025 07:20 PM Eastern
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CNMD vs. MMSI, IRTC, BLCO, GKOS, TMDX, NVST, SLNO, LIVN, WRBY, and EYE

Should you be buying CONMED stock or one of its competitors? The main competitors of CONMED include Merit Medical Systems (MMSI), iRhythm Technologies (IRTC), Bausch + Lomb (BLCO), Glaukos (GKOS), TransMedics Group (TMDX), Envista (NVST), Soleno Therapeutics (SLNO), LivaNova (LIVN), Warby Parker (WRBY), and National Vision (EYE).

CONMED vs. Its Competitors

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Merit Medical Systems$1.36B3.61$120.36M$1.9741.98
CONMED$1.31B1.09$132.42M$3.5313.01

99.7% of Merit Medical Systems shares are owned by institutional investors. 3.7% of Merit Medical Systems shares are owned by insiders. Comparatively, 3.1% of CONMED shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

In the previous week, Merit Medical Systems had 6 more articles in the media than CONMED. MarketBeat recorded 11 mentions for Merit Medical Systems and 5 mentions for CONMED. Merit Medical Systems' average media sentiment score of 0.90 beat CONMED's score of 0.75 indicating that Merit Medical Systems is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Merit Medical Systems
5 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
CONMED
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Merit Medical Systems currently has a consensus price target of $107.50, suggesting a potential upside of 29.99%. CONMED has a consensus price target of $59.80, suggesting a potential upside of 30.26%. Given CONMED's higher possible upside, analysts clearly believe CONMED is more favorable than Merit Medical Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Merit Medical Systems
0 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.89
CONMED
1 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.00

Merit Medical Systems has a beta of 0.58, suggesting that its share price is 42% less volatile than the S&P 500. Comparatively, CONMED has a beta of 1.14, suggesting that its share price is 14% more volatile than the S&P 500.

Merit Medical Systems' return on equity of 15.07% beat CONMED's return on equity.

Company Net Margins Return on Equity Return on Assets
Merit Medical Systems8.31% 15.07% 8.60%
CONMED 8.31%14.43%6.05%

Summary

Merit Medical Systems beats CONMED on 11 of the 15 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 CNMD 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

MetricCONMEDMED/DENTAL IndustryMedical SectorNYSE Exchange
Market Cap$1.44B$17.56B$6.11B$22.14B
Dividend Yield1.72%1.66%5.70%3.57%
P/E Ratio13.0116.7885.5429.64
Price / Sales1.092.28623.7495.37
Price / Cash6.9213.0637.7824.65
Price / Book1.473.0713.114.61
Net Income$132.42M$472.95M$3.30B$1.01B
7 Day Performance-2.67%0.75%3.93%-0.14%
1 Month Performance-14.63%-7.49%8.39%2.28%
1 Year Performance-28.15%-11.25%87.02%14.59%

CONMED Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNMD
CONMED
4.6307 of 5 stars
$45.91
-1.2%
$59.80
+30.3%
-28.3%$1.44B$1.31B13.013,900
MMSI
Merit Medical Systems
4.6852 of 5 stars
$83.31
-1.1%
$107.50
+29.0%
-12.7%$4.99B$1.36B42.297,400Analyst Forecast
IRTC
iRhythm Technologies
1.147 of 5 stars
$175.74
+0.1%
$172.17
-2.0%
+194.3%$5.64B$591.84M-59.982,000Analyst Forecast
BLCO
Bausch + Lomb
1.9927 of 5 stars
$14.87
-2.2%
$15.60
+4.9%
-22.0%$5.38B$4.79B-19.0613,500News Coverage
Analyst Forecast
GKOS
Glaukos
4.4736 of 5 stars
$86.64
-0.9%
$122.00
+40.8%
-33.3%$5.01B$383.48M-52.51780Analyst Forecast
TMDX
TransMedics Group
3.256 of 5 stars
$113.93
-1.5%
$125.40
+10.1%
-14.1%$3.94B$441.54M59.03210
NVST
Envista
3.7378 of 5 stars
$20.64
-1.0%
$20.92
+1.4%
+11.8%$3.46B$2.51B64.5012,300
SLNO
Soleno Therapeutics
4.4049 of 5 stars
$58.45
-1.3%
$115.09
+96.9%
+30.4%$3.15B$32.66M-14.1230Analyst Forecast
LIVN
LivaNova
2.5043 of 5 stars
$52.63
-1.4%
$59.71
+13.5%
-1.0%$2.91B$1.25B-13.532,900
WRBY
Warby Parker
1.7361 of 5 stars
$25.41
-3.1%
$24.75
-2.6%
+50.6%$2.76B$771.32M-362.953,780Positive News
Analyst Forecast
EYE
National Vision
2.3071 of 5 stars
$28.15
-2.5%
$24.73
-12.2%
+169.4%$2.29B$1.82B-156.3913,411Positive News

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This page (NYSE:CNMD) was last updated on 10/8/2025 by MarketBeat.com Staff
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