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CONMED (CNMD) Competitors

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$47.62 -1.63 (-3.31%)
Closing price 07/18/2025 03:59 PM Eastern
Extended Trading
$47.65 +0.03 (+0.06%)
As of 07/18/2025 07:20 PM Eastern
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CNMD vs. MMSI, GKOS, BLCO, IRTC, SLNO, TMDX, INSP, NVST, PRCT, and WRBY

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

CONMED vs. Its Competitors

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

CONMED has higher earnings, but lower revenue 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
CONMED$1.31B1.13$132.42M$3.8012.53
Merit Medical Systems$1.36B3.62$120.36M$2.0440.70

CONMED has a beta of 1.2, meaning that its stock price is 20% more volatile than the S&P 500. Comparatively, Merit Medical Systems has a beta of 0.65, meaning that its stock price is 35% less volatile than the S&P 500.

99.7% of Merit Medical Systems shares are held by institutional investors. 3.1% of CONMED shares are held by insiders. Comparatively, 3.2% of Merit Medical Systems shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

CONMED has a net margin of 9.02% compared to Merit Medical Systems' net margin of 8.81%. Merit Medical Systems' return on equity of 15.52% beat CONMED's return on equity.

Company Net Margins Return on Equity Return on Assets
CONMED9.02% 14.36% 5.86%
Merit Medical Systems 8.81%15.52%8.72%

In the previous week, CONMED and CONMED both had 8 articles in the media. Merit Medical Systems' average media sentiment score of 1.31 beat CONMED's score of 0.88 indicating that Merit Medical Systems is being referred to more favorably in the news media.

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

CONMED presently has a consensus price target of $62.20, indicating a potential upside of 30.62%. Merit Medical Systems has a consensus price target of $109.11, indicating a potential upside of 31.43%. Given Merit Medical Systems' stronger consensus rating and higher probable upside, analysts clearly believe Merit Medical Systems is more favorable than CONMED.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CONMED
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.20
Merit Medical Systems
0 Sell rating(s)
1 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.89

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$1.52B$14.64B$5.56B$20.82B
Dividend Yield1.62%1.45%3.75%3.65%
P/E Ratio12.5318.0228.2227.58
Price / Sales1.132.11436.6058.71
Price / Cash7.3316.9936.1622.29
Price / Book1.533.718.114.66
Net Income$132.42M$430.42M$3.25B$995.72M
7 Day Performance-7.00%-1.89%1.64%-0.30%
1 Month Performance-8.45%-0.21%7.28%4.90%
1 Year Performance-32.97%13.50%33.14%11.14%

CONMED Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNMD
CONMED
4.7877 of 5 stars
$47.62
-3.3%
$62.20
+30.6%
-33.5%$1.52B$1.31B12.533,900News Coverage
MMSI
Merit Medical Systems
4.6225 of 5 stars
$93.45
0.0%
$109.11
+16.8%
-2.8%$5.52B$1.36B45.817,400Positive News
Analyst Forecast
GKOS
Glaukos
4.452 of 5 stars
$104.43
+0.6%
$134.67
+29.0%
-17.6%$5.97B$404.52M-44.06780Positive News
BLCO
Bausch + Lomb
3.0819 of 5 stars
$13.67
-1.5%
$15.45
+13.1%
-18.0%$4.83B$4.83B-13.2713,500
IRTC
iRhythm Technologies
1.3213 of 5 stars
$138.91
+2.2%
$138.60
-0.2%
+38.3%$4.43B$591.84M-44.242,000News Coverage
Analyst Forecast
SLNO
Soleno Therapeutics
4.2775 of 5 stars
$82.76
+1.5%
$108.70
+31.3%
+88.0%$4.17BN/A-17.9130Analyst Revision
TMDX
TransMedics Group
2.3182 of 5 stars
$116.88
+3.9%
$127.33
+8.9%
-23.9%$3.95B$441.54M85.94210Analyst Forecast
INSP
Inspire Medical Systems
4.8663 of 5 stars
$130.17
-0.1%
$211.91
+62.8%
-8.1%$3.84B$802.80M59.981,246Positive News
Analyst Forecast
NVST
Envista
3.5198 of 5 stars
$20.05
-0.8%
$20.23
+0.9%
+17.9%$3.40B$2.51B-3.0712,300News Coverage
Analyst Revision
PRCT
PROCEPT BioRobotics
2.325 of 5 stars
$58.17
+2.7%
$87.50
+50.4%
-12.6%$3.22B$249.12M-34.22430News Coverage
Analyst Forecast
Analyst Revision
WRBY
Warby Parker
2.6421 of 5 stars
$23.02
+3.7%
$22.88
-0.6%
+48.8%$2.41B$795.09M-191.803,780

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This page (NYSE:CNMD) was last updated on 7/19/2025 by MarketBeat.com Staff
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