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CONMED (CNMD) Competitors

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$50.04 -1.23 (-2.40%)
Closing price 07/14/2025 03:59 PM Eastern
Extended Trading
$51.94 +1.90 (+3.80%)
As of 07/14/2025 05:43 PM Eastern
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CNMD vs. MMSI, GKOS, BLCO, NARI, IRTC, SLNO, TMDX, INSP, NVST, and PRCT

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), Inari Medical (NARI), iRhythm Technologies (IRTC), Soleno Therapeutics (SLNO), TransMedics Group (TMDX), Inspire Medical Systems (INSP), Envista (NVST), and PROCEPT BioRobotics (PRCT). These companies are all part of the "medical" sector.

CONMED vs. Its Competitors

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

CONMED has a beta of 1.2, indicating that its share price is 20% more volatile than the S&P 500. Comparatively, Merit Medical Systems has a beta of 0.65, indicating that its share 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 company insiders. Comparatively, 3.7% of Merit Medical Systems shares are held by company 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.

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%

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$1.31B1.18$132.42M$3.8013.17
Merit Medical Systems$1.36B4.07$120.36M$2.0445.81

In the previous week, Merit Medical Systems had 10 more articles in the media than CONMED. MarketBeat recorded 13 mentions for Merit Medical Systems and 3 mentions for CONMED. Merit Medical Systems' average media sentiment score of 1.22 beat CONMED's score of 0.91 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)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Merit Medical Systems
9 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

CONMED currently has a consensus target price of $62.20, suggesting a potential upside of 24.31%. Merit Medical Systems has a consensus target price of $109.11, suggesting a potential upside of 16.76%. Given CONMED's higher probable upside, equities research analysts plainly believe CONMED is more favorable than Merit Medical Systems.

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 16 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$1.55B$15.61B$5.54B$20.67B
Dividend Yield1.56%1.44%5.01%3.71%
P/E Ratio13.1718.5528.6927.86
Price / Sales1.182.31373.1756.13
Price / Cash7.6317.5824.7217.92
Price / Book1.613.798.254.60
Net Income$132.42M$430.42M$3.19B$989.89M
7 Day Performance-3.52%-1.25%5.59%1.17%
1 Month Performance-6.53%2.40%9.57%5.50%
1 Year Performance-26.78%16.22%30.64%10.59%

CONMED Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNMD
CONMED
4.3499 of 5 stars
$50.04
-2.4%
$62.20
+24.3%
-26.8%$1.55B$1.31B13.173,900
MMSI
Merit Medical Systems
4.3266 of 5 stars
$91.12
-2.6%
$109.11
+19.7%
+8.2%$5.39B$1.36B44.677,400
GKOS
Glaukos
4.3513 of 5 stars
$101.69
-1.7%
$134.67
+32.4%
-13.8%$5.81B$383.48M-42.91780
BLCO
Bausch + Lomb
3.0482 of 5 stars
$13.83
-0.4%
$15.54
+12.4%
-14.3%$4.89B$4.83B-13.4313,500
NARI
Inari Medical
0.2692 of 5 stars
$79.97
flat
$69.22
-13.4%
N/A$4.68B$493.63M-59.24800
IRTC
iRhythm Technologies
1.0486 of 5 stars
$139.22
-2.3%
$138.60
-0.4%
+44.4%$4.44B$591.84M-44.342,000
SLNO
Soleno Therapeutics
4.6024 of 5 stars
$85.27
-1.6%
$107.10
+25.6%
+73.6%$4.30BN/A-18.4630Analyst Forecast
TMDX
TransMedics Group
1.4362 of 5 stars
$125.17
-3.1%
$127.33
+1.7%
-17.8%$4.23B$441.54M92.04210Positive News
Analyst Revision
INSP
Inspire Medical Systems
4.8813 of 5 stars
$127.11
-1.1%
$211.91
+66.7%
-6.3%$3.75B$802.80M58.581,246Positive News
Analyst Upgrade
NVST
Envista
3.2639 of 5 stars
$19.66
-3.6%
$20.23
+2.9%
+25.0%$3.33B$2.51B-3.0112,300
PRCT
PROCEPT BioRobotics
2.2877 of 5 stars
$56.97
-1.6%
$90.00
+58.0%
-16.1%$3.15B$224.50M-33.51430Analyst Downgrade

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This page (NYSE:CNMD) was last updated on 7/15/2025 by MarketBeat.com Staff
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