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CONMED (CNMD) Competitors

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$54.71 +1.33 (+2.49%)
Closing price 03:59 PM Eastern
Extended Trading
$54.76 +0.05 (+0.10%)
As of 06:27 PM Eastern
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CNMD vs. MMSI, GKOS, BLCO, IRTC, SLNO, INSP, TMDX, 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), Inspire Medical Systems (INSP), TransMedics Group (TMDX), 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 superior stock? We will contrast the two companies based on the strength of their media sentiment, risk, analyst recommendations, dividends, earnings, profitability, valuation and institutional ownership.

In the previous week, Merit Medical Systems had 2 more articles in the media than CONMED. MarketBeat recorded 9 mentions for Merit Medical Systems and 7 mentions for CONMED. Merit Medical Systems' average media sentiment score of 0.84 beat CONMED's score of 0.78 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
3 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
3 Very Positive mention(s)
4 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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$1.31B1.30$132.42M$3.5315.50
Merit Medical Systems$1.36B3.74$120.36M$1.9743.44

CONMED has a beta of 1.17, suggesting that its share price is 17% more volatile than the S&P 500. Comparatively, Merit Medical Systems has a beta of 0.66, suggesting that its share price is 34% less 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
CONMED8.31% 14.43% 6.05%
Merit Medical Systems 8.31%15.07%8.60%

CONMED currently has a consensus target price of $59.80, indicating a potential upside of 9.30%. Merit Medical Systems has a consensus target price of $107.00, indicating a potential upside of 25.03%. Given Merit Medical Systems' stronger consensus rating and higher possible 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

99.7% of Merit Medical Systems shares are owned by institutional investors. 3.1% of CONMED shares are owned by company insiders. Comparatively, 3.2% of Merit Medical Systems shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Summary

Merit Medical Systems beats CONMED on 12 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$1.65B$14.89B$5.44B$20.70B
Dividend Yield1.50%1.54%4.61%3.67%
P/E Ratio15.5017.8929.7528.40
Price / Sales1.302.46449.4856.10
Price / Cash7.9516.2336.4223.21
Price / Book1.693.768.184.33
Net Income$132.42M$430.42M$3.26B$996.14M
7 Day Performance4.71%4.53%1.15%1.93%
1 Month Performance4.23%-0.19%2.82%-0.54%
1 Year Performance-19.33%15.68%28.41%14.79%

CONMED Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNMD
CONMED
3.9726 of 5 stars
$54.71
+2.5%
$59.80
+9.3%
-19.9%$1.65B$1.31B15.503,900Dividend Announcement
MMSI
Merit Medical Systems
4.5115 of 5 stars
$84.46
-0.3%
$109.11
+29.2%
-3.4%$4.99B$1.39B41.407,400
GKOS
Glaukos
4.0059 of 5 stars
$94.80
+0.5%
$134.67
+42.1%
-24.1%$5.42B$383.48M-40.00780
BLCO
Bausch + Lomb
2.9553 of 5 stars
$14.47
+1.0%
$15.45
+6.8%
-10.0%$5.12B$4.79B-14.0513,500
IRTC
iRhythm Technologies
1.9477 of 5 stars
$137.11
+2.2%
$137.30
+0.1%
+135.0%$4.38B$618.59M-43.672,000Insider Trade
SLNO
Soleno Therapeutics
4.5698 of 5 stars
$85.25
-1.4%
$108.70
+27.5%
+79.0%$4.30BN/A-18.4530News Coverage
Positive News
Earnings Report
Analyst Forecast
INSP
Inspire Medical Systems
4.6241 of 5 stars
$130.72
+1.4%
$208.55
+59.5%
-59.1%$3.86B$840.11M60.241,246Trending News
Earnings Report
Analyst Forecast
Analyst Revision
TMDX
TransMedics Group
2.4559 of 5 stars
$105.24
-2.7%
$129.88
+23.4%
-20.4%$3.56B$441.54M77.38210
NVST
Envista
3.4785 of 5 stars
$20.73
-0.3%
$20.23
-2.4%
+31.2%$3.51B$2.51B-3.1712,300
PRCT
PROCEPT BioRobotics
3.375 of 5 stars
$54.08
-2.9%
$84.13
+55.6%
-34.1%$2.99B$224.50M-31.81430Trending News
Earnings Report
Analyst Forecast
WRBY
Warby Parker
1.9939 of 5 stars
$24.10
-1.2%
$22.88
-5.1%
+67.2%$2.52B$771.32M-200.833,780Trending News
Analyst Forecast
Analyst Revision
Gap Up

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