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CONMED (CNMD) Competitors

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$43.64 +0.44 (+1.02%)
As of 12:18 PM Eastern
This is a fair market value price provided by Massive. Learn more.

CNMD vs. MMSI, LIVN, MMED, NVST, and IRTC

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), LivaNova (LIVN), MiniMed Group (MMED), Envista (NVST), and iRhythm Technologies (IRTC).

How does CONMED compare to Merit Medical Systems?

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

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
CONMED4.00% 13.84% 6.05%
Merit Medical Systems 9.03%13.54%7.94%

CONMED presently has a consensus target price of $38.80, suggesting a potential downside of 11.09%. Merit Medical Systems has a consensus target price of $92.80, suggesting a potential upside of 23.19%. Given Merit Medical Systems' stronger consensus rating and higher probable upside, analysts plainly believe Merit Medical Systems is more favorable than CONMED.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CONMED
3 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.63
Merit Medical Systems
1 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.64

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

CONMED has a beta of 0.93, suggesting that its share price is 7% less volatile than the broader market. Comparatively, Merit Medical Systems has a beta of 0.52, suggesting that its share price is 48% less volatile than the broader market.

In the previous week, CONMED had 4 more articles in the media than Merit Medical Systems. MarketBeat recorded 9 mentions for CONMED and 5 mentions for Merit Medical Systems. Merit Medical Systems' average media sentiment score of 1.01 beat CONMED's score of 0.17 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
1 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Merit Medical Systems
3 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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
CONMED$1.37B0.96$47.06M$1.7724.65
Merit Medical Systems$1.52B2.96$128.49M$2.3132.61

Summary

Merit Medical Systems beats CONMED on 13 of the 16 factors compared between the two stocks.

How does CONMED compare to LivaNova?

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

LivaNova has a beta of 0.86, meaning that its stock price is 14% less volatile than the broader market. Comparatively, CONMED has a beta of 0.93, meaning that its stock price is 7% less volatile than the broader market.

In the previous week, CONMED had 8 more articles in the media than LivaNova. MarketBeat recorded 9 mentions for CONMED and 1 mentions for LivaNova. LivaNova's average media sentiment score of 0.72 beat CONMED's score of 0.17 indicating that LivaNova is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
LivaNova
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
CONMED
1 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

97.6% of LivaNova shares are owned by institutional investors. 0.4% of LivaNova shares are owned by insiders. Comparatively, 0.3% of CONMED shares are owned by 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.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
LivaNova$1.39B3.18-$242.47M$1.9541.26
CONMED$1.37B0.96$47.06M$1.7724.65

LivaNova has a net margin of 7.48% compared to CONMED's net margin of 4.00%. LivaNova's return on equity of 16.48% beat CONMED's return on equity.

Company Net Margins Return on Equity Return on Assets
LivaNova7.48% 16.48% 7.59%
CONMED 4.00%13.84%6.05%

LivaNova currently has a consensus price target of $81.38, indicating a potential upside of 1.13%. CONMED has a consensus price target of $38.80, indicating a potential downside of 11.09%. Given LivaNova's stronger consensus rating and higher possible upside, research analysts clearly believe LivaNova is more favorable than CONMED.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
LivaNova
0 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.60
CONMED
3 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.63

Summary

LivaNova beats CONMED on 13 of the 16 factors compared between the two stocks.

How does CONMED compare to MiniMed Group?

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

In the previous week, MiniMed Group had 4 more articles in the media than CONMED. MarketBeat recorded 13 mentions for MiniMed Group and 9 mentions for CONMED. CONMED's average media sentiment score of 0.17 beat MiniMed Group's score of 0.15 indicating that CONMED is being referred to more favorably in the media.

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

19.7% of MiniMed Group shares are owned by institutional investors. 0.3% of CONMED shares are owned by insiders. Comparatively, 2.2% of MiniMed Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

CONMED currently has a consensus price target of $38.80, suggesting a potential downside of 11.09%. MiniMed Group has a consensus price target of $21.33, suggesting a potential upside of 24.79%. Given MiniMed Group's stronger consensus rating and higher possible upside, analysts clearly believe MiniMed Group is more favorable than CONMED.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CONMED
3 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.63
MiniMed Group
1 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.73

CONMED has a net margin of 4.00% compared to MiniMed Group's net margin of 0.00%. CONMED's return on equity of 13.84% beat MiniMed Group's return on equity.

Company Net Margins Return on Equity Return on Assets
CONMED4.00% 13.84% 6.05%
MiniMed Group N/A N/A N/A

CONMED has higher earnings, but lower revenue than MiniMed Group. MiniMed 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$1.37B0.96$47.06M$1.7724.65
MiniMed Group$3.10B1.55-$190.97M-$0.68N/A

Summary

MiniMed Group beats CONMED on 8 of the 15 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 investment? We will contrast the two businesses based on the strength of their earnings, institutional ownership, dividends, risk, valuation, profitability, analyst recommendations and media sentiment.

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%

Envista presently has a consensus target price of $28.54, indicating a potential upside of 6.55%. CONMED has a consensus target price of $38.80, indicating a potential downside of 11.09%. Given Envista's stronger consensus rating and higher possible upside, equities research 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)
10 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.38
CONMED
3 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.63

Envista has a beta of 0.86, meaning that its share price is 14% less volatile than the broader market. Comparatively, CONMED has a beta of 0.93, meaning that its share price is 7% less volatile than the broader market.

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$2.72B1.60$47M$0.4165.33
CONMED$1.37B0.96$47.06M$1.7724.65

In the previous week, CONMED had 8 more articles in the media than Envista. MarketBeat recorded 9 mentions for CONMED and 1 mentions for Envista. Envista's average media sentiment score of 1.02 beat CONMED's score of 0.17 indicating that Envista is being referred to more favorably in the media.

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

Summary

Envista and CONMED tied by winning 7 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 investment? We will compare the two companies based on the strength of their earnings, profitability, dividends, analyst recommendations, valuation, institutional ownership, risk and media sentiment.

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 1.27, suggesting that its share price is 27% more volatile than the broader market. Comparatively, CONMED has a beta of 0.93, suggesting that its share price is 7% less volatile than the broader market.

In the previous week, iRhythm Technologies had 1 more articles in the media than CONMED. MarketBeat recorded 10 mentions for iRhythm Technologies and 9 mentions for CONMED. iRhythm Technologies' average media sentiment score of 0.27 beat CONMED's score of 0.17 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
2 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
CONMED
1 Very Positive mention(s)
2 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

iRhythm Technologies presently has a consensus target price of $186.62, indicating a potential upside of 66.85%. CONMED has a consensus target price of $38.80, indicating a potential downside of 11.09%. Given iRhythm Technologies' stronger consensus rating and higher possible upside, 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)
12 Buy rating(s)
2 Strong Buy rating(s)
2.94
CONMED
3 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.63

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$747.14M4.92-$44.55M-$0.86N/A
CONMED$1.37B0.96$47.06M$1.7724.65

Summary

iRhythm Technologies beats CONMED on 8 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$1.31B$16.75B$6.82B$23.33B
Dividend YieldN/A1.32%2.67%4.16%
P/E Ratio24.6219.3027.1430.82
Price / Sales0.962.32574.1020.84
Price / Cash6.0014.3029.0518.80
Price / Book1.313.2910.674.75
Net Income$47.06M$534.24M$3.59B$1.06B
7 Day Performance2.74%-0.62%-1.65%-0.01%
1 Month Performance33.91%5.69%1.01%0.94%
1 Year Performance-8.36%3.99%24.41%16.76%

CONMED Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNMD
CONMED
1.9791 of 5 stars
$43.64
+1.0%
$38.80
-11.1%
-9.6%$1.31B$1.37B24.623,900
MMSI
Merit Medical Systems
4.2254 of 5 stars
$73.26
-0.2%
$92.80
+26.7%
-10.9%$4.38B$1.52B31.717,500
LIVN
LivaNova
1.6108 of 5 stars
$82.98
+0.5%
$80.75
-2.7%
+92.2%$4.54B$1.39B42.553,300
MMED
MiniMed Group
2.5404 of 5 stars
$16.10
+5.3%
$21.33
+32.5%
N/A$4.52B$3.10BN/A8,000
NVST
Envista
2.3615 of 5 stars
$26.23
+1.2%
$28.54
+8.8%
+37.3%$4.22B$2.72B63.9712,000

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This page (NYSE:CNMD) was last updated on 7/20/2026 by MarketBeat.com Staff.
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