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CONMED (CNMD) Competitors

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$36.60 +1.11 (+3.12%)
Closing price 03:59 PM Eastern
Extended Trading
$36.60 +0.00 (+0.01%)
As of 05:32 PM Eastern
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CNMD vs. MMSI, NVST, IRTC, TMDX, and LQDA

Should you buy CONMED stock or one of its competitors? MarketBeat compares CONMED with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with CONMED include Merit Medical Systems (MMSI), Envista (NVST), iRhythm Technologies (IRTC), TransMedics Group (TMDX), and Liquidia (LQDA). These companies are all part of the "medical" sector.

How does CONMED compare to Merit Medical Systems?

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

Merit Medical Systems has a beta of 0.58, suggesting that its stock price is 42% less volatile than the broader market. Comparatively, CONMED has a beta of 0.94, suggesting that its stock price is 6% less volatile than the broader market.

In the previous week, Merit Medical Systems had 3 more articles in the media than CONMED. MarketBeat recorded 6 mentions for Merit Medical Systems and 3 mentions for CONMED. Merit Medical Systems' average media sentiment score of 1.24 beat CONMED's score of 0.00 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
3 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
CONMED
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

99.7% of Merit Medical Systems shares are held by institutional investors. 0.7% of Merit Medical Systems shares are held by company insiders. Comparatively, 0.3% of CONMED shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Merit Medical Systems presently has a consensus target price of $92.80, suggesting a potential upside of 45.82%. CONMED has a consensus target price of $43.80, suggesting a potential upside of 19.68%. 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
Merit Medical Systems
1 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.64
CONMED
1 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.86

Merit Medical Systems has higher revenue and earnings than CONMED. 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$1.52B2.50$128.49M$2.3127.55
CONMED$1.37B0.80$47.06M$1.7720.68

Merit Medical Systems has a net margin of 9.03% compared to CONMED's net margin of 4.00%. CONMED's return on equity of 13.84% beat Merit Medical Systems' return on equity.

Company Net Margins Return on Equity Return on Assets
Merit Medical Systems9.03% 13.54% 7.94%
CONMED 4.00%13.84%6.05%

Summary

Merit Medical Systems beats CONMED on 14 of the 16 factors compared between the two stocks.

How does CONMED compare to Envista?

Envista (NYSE:NVST) 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 dividends, earnings, profitability, institutional ownership, risk, valuation, media sentiment and analyst recommendations.

Envista has a beta of 0.92, suggesting that its share price is 8% less volatile than the broader market. Comparatively, CONMED has a beta of 0.94, suggesting that its share price is 6% less volatile than the broader market.

In the previous week, Envista had 3 more articles in the media than CONMED. MarketBeat recorded 6 mentions for Envista and 3 mentions for CONMED. Envista's average media sentiment score of 0.47 beat CONMED's score of 0.00 indicating that Envista is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Envista
2 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
CONMED
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Envista presently has a consensus price target of $28.83, suggesting a potential upside of 24.63%. CONMED has a consensus price target of $43.80, suggesting a potential upside of 19.68%. Given Envista's stronger consensus rating and higher possible upside, equities analysts clearly believe Envista is more favorable than CONMED.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Envista
0 Sell rating(s)
9 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.40
CONMED
1 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.86

CONMED has a net margin of 4.00% compared to Envista's net margin of 2.41%. CONMED's return on equity of 13.84% beat Envista's return on equity.

Company Net Margins Return on Equity Return on Assets
Envista2.41% 7.11% 3.91%
CONMED 4.00%13.84%6.05%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Envista$2.72B1.38$47M$0.4156.43
CONMED$1.37B0.80$47.06M$1.7720.68

Summary

Envista beats CONMED on 8 of the 14 factors compared between the two stocks.

How does CONMED compare to iRhythm Technologies?

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

CONMED has higher revenue and earnings than iRhythm Technologies. iRhythm Technologies is trading at a lower price-to-earnings ratio than CONMED, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
iRhythm Technologies$747.14M4.88-$44.55M-$0.86N/A
CONMED$1.37B0.80$47.06M$1.7720.68

CONMED has a net margin of 4.00% compared to iRhythm Technologies' net margin of -3.53%. CONMED's return on equity of 13.84% beat iRhythm Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
iRhythm Technologies-3.53% -10.26% -1.39%
CONMED 4.00%13.84%6.05%

iRhythm Technologies has a beta of 1.33, indicating that its stock price is 33% more volatile than the broader market. Comparatively, CONMED has a beta of 0.94, indicating that its stock price is 6% less volatile than the broader market.

iRhythm Technologies currently has a consensus price target of $191.85, indicating a potential upside of 72.93%. CONMED has a consensus price target of $43.80, indicating a potential upside of 19.68%. Given iRhythm Technologies' stronger consensus rating and higher possible upside, equities analysts clearly believe iRhythm Technologies is more favorable than CONMED.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
iRhythm Technologies
1 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
2 Strong Buy rating(s)
2.93
CONMED
1 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.86

In the previous week, iRhythm Technologies had 6 more articles in the media than CONMED. MarketBeat recorded 9 mentions for iRhythm Technologies and 3 mentions for CONMED. iRhythm Technologies' average media sentiment score of 1.34 beat CONMED's score of 0.00 indicating that iRhythm Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
iRhythm Technologies
3 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
CONMED
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

iRhythm Technologies beats CONMED on 8 of the 15 factors compared between the two stocks.

How does CONMED compare to TransMedics Group?

CONMED (NYSE:CNMD) and TransMedics Group (NASDAQ:TMDX) are both medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their valuation, analyst recommendations, media sentiment, profitability, institutional ownership, risk, dividends and earnings.

In the previous week, CONMED and CONMED both had 3 articles in the media. TransMedics Group's average media sentiment score of 0.39 beat CONMED's score of 0.00 indicating that TransMedics Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CONMED
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
TransMedics Group
0 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

CONMED currently has a consensus target price of $43.80, suggesting a potential upside of 19.68%. TransMedics Group has a consensus target price of $135.00, suggesting a potential upside of 97.54%. Given TransMedics Group's stronger consensus rating and higher probable upside, analysts clearly believe TransMedics Group is more favorable than CONMED.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CONMED
1 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.86
TransMedics Group
0 Sell rating(s)
6 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.50

TransMedics Group has a net margin of 27.04% compared to CONMED's net margin of 4.00%. TransMedics Group's return on equity of 22.38% beat CONMED's return on equity.

Company Net Margins Return on Equity Return on Assets
CONMED4.00% 13.84% 6.05%
TransMedics Group 27.04%22.38%8.46%

CONMED has a beta of 0.94, indicating that its stock price is 6% less volatile than the broader market. Comparatively, TransMedics Group has a beta of 2.07, indicating that its stock price is 107% more volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CONMED$1.37B0.80$47.06M$1.7720.68
TransMedics Group$605.49M3.90$190.29M$4.4015.53

99.7% of TransMedics Group shares are owned by institutional investors. 0.3% of CONMED shares are owned by company insiders. Comparatively, 6.9% of TransMedics Group shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

TransMedics Group beats CONMED on 13 of the 15 factors compared between the two stocks.

How does CONMED compare to Liquidia?

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

In the previous week, Liquidia had 40 more articles in the media than CONMED. MarketBeat recorded 43 mentions for Liquidia and 3 mentions for CONMED. Liquidia's average media sentiment score of 0.63 beat CONMED's score of 0.00 indicating that Liquidia is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
CONMED
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Liquidia
15 Very Positive mention(s)
7 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

64.5% of Liquidia shares are owned by institutional investors. 0.3% of CONMED shares are owned by insiders. Comparatively, 25.6% of Liquidia shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Liquidia has a net margin of 7.74% compared to CONMED's net margin of 4.00%. Liquidia's return on equity of 46.82% beat CONMED's return on equity.

Company Net Margins Return on Equity Return on Assets
CONMED4.00% 13.84% 6.05%
Liquidia 7.74%46.82%7.06%

CONMED has a beta of 0.94, suggesting that its stock price is 6% less volatile than the broader market. Comparatively, Liquidia has a beta of 0.41, suggesting that its stock price is 59% less volatile than the broader market.

CONMED presently has a consensus price target of $43.80, suggesting a potential upside of 19.68%. Liquidia has a consensus price target of $49.33, suggesting a potential downside of 13.40%. Given CONMED's higher probable upside, analysts plainly believe CONMED is more favorable than Liquidia.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CONMED
1 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.86
Liquidia
2 Sell rating(s)
0 Hold rating(s)
7 Buy rating(s)
3 Strong Buy rating(s)
2.92

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CONMED$1.37B0.80$47.06M$1.7720.68
Liquidia$158.32M32.00-$68.92M$0.14406.93

Summary

Liquidia beats CONMED on 12 of the 17 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$1.07B$14.98B$6.25B$22.75B
Dividend YieldN/A2.15%2.80%4.13%
P/E Ratio20.6815.8120.8629.86
Price / Sales0.802.20549.8824.05
Price / Cash4.9312.7727.4818.80
Price / Book1.103.069.674.59
Net Income$47.06M$534.24M$3.56B$1.07B
7 Day Performance3.72%5.66%-1.91%-1.35%
1 Month Performance-6.42%-0.41%-2.65%-1.29%
1 Year Performance-39.23%-6.94%31.17%21.88%

CONMED Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNMD
CONMED
2.363 of 5 stars
$36.60
+3.1%
$43.80
+19.7%
-41.2%$1.07B$1.37B20.683,900
MMSI
Merit Medical Systems
4.1445 of 5 stars
$62.01
flat
$92.80
+49.7%
-37.9%$3.70B$1.54B26.847,500
NVST
Envista
3.6896 of 5 stars
$25.82
-2.0%
$28.25
+9.4%
+27.4%$4.29B$2.72B92.2012,000
IRTC
iRhythm Technologies
4.5815 of 5 stars
$119.18
-1.3%
$193.38
+62.3%
-19.1%$3.92B$787.85MN/A2,400
TMDX
TransMedics Group
4.0171 of 5 stars
$97.08
-2.9%
$152.33
+56.9%
-48.0%$3.45B$605.49M19.81210

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This page (NYSE:CNMD) was last updated on 5/18/2026 by MarketBeat.com Staff.
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