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CONMED (CNMD) Competitors

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$34.51 -1.44 (-4.01%)
Closing price 03:59 PM Eastern
Extended Trading
$33.86 -0.64 (-1.86%)
As of 05:29 PM Eastern
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CNMD vs. MMSI, IRTC, WRBY, TMDX, and ESTA

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), iRhythm Technologies (IRTC), Warby Parker (WRBY), TransMedics Group (TMDX), and Establishment Labs (ESTA).

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 stock? We will compare the two companies based on the strength of their valuation, media sentiment, profitability, dividends, analyst recommendations, institutional ownership, earnings and risk.

Merit Medical Systems currently has a consensus price target of $92.80, suggesting a potential upside of 32.40%. CONMED has a consensus price target of $39.50, suggesting a potential upside of 14.47%. Given Merit Medical Systems' stronger consensus rating and higher probable upside, research 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
2 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.71

99.7% of Merit Medical Systems shares are owned by institutional investors. 0.7% of Merit Medical Systems shares are owned by company insiders. Comparatively, 0.3% of CONMED 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.

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%

In the previous week, Merit Medical Systems had 1 more articles in the media than CONMED. MarketBeat recorded 3 mentions for Merit Medical Systems and 2 mentions for CONMED. Merit Medical Systems' average media sentiment score of 1.36 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
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
CONMED
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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$1.52B2.76$128.49M$2.3130.34
CONMED$1.37B0.76$47.06M$1.7719.50

Merit Medical Systems has a beta of 0.54, suggesting that its stock price is 46% less volatile than the broader market. Comparatively, CONMED has a beta of 0.92, suggesting that its stock price is 8% less volatile than the broader market.

Summary

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

How does CONMED compare to iRhythm Technologies?

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

CONMED presently has a consensus target price of $39.50, indicating a potential upside of 14.47%. iRhythm Technologies has a consensus target price of $187.38, indicating a potential upside of 58.24%. Given iRhythm Technologies' stronger consensus rating and higher probable upside, analysts clearly believe iRhythm Technologies is more favorable than CONMED.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CONMED
2 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.71
iRhythm Technologies
1 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
2 Strong Buy rating(s)
2.94

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
CONMED4.00% 13.84% 6.05%
iRhythm Technologies -3.53%-10.26%-1.39%

In the previous week, CONMED and CONMED both had 2 articles in the media. iRhythm Technologies' average media sentiment score of 0.92 beat CONMED's score of 0.00 indicating that iRhythm Technologies 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)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
iRhythm Technologies
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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
CONMED$1.37B0.76$47.06M$1.7719.50
iRhythm Technologies$747.14M5.21-$44.55M-$0.86N/A

CONMED has a beta of 0.92, meaning that its share price is 8% less volatile than the broader market. Comparatively, iRhythm Technologies has a beta of 1.27, meaning that its share price is 27% more volatile than the broader market.

Summary

iRhythm Technologies beats CONMED on 7 of the 13 factors compared between the two stocks.

How does CONMED compare to Warby Parker?

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

Warby Parker currently has a consensus target price of $29.82, indicating a potential downside of 0.68%. CONMED has a consensus target price of $39.50, indicating a potential upside of 14.47%. Given CONMED's higher probable upside, analysts plainly believe CONMED is more favorable than Warby Parker.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Warby Parker
0 Sell rating(s)
5 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.67
CONMED
2 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.71

93.2% of Warby Parker shares are held by institutional investors. 16.8% of Warby Parker shares are held by insiders. Comparatively, 0.3% of CONMED shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Warby Parker has a beta of 1.96, indicating that its share price is 96% more volatile than the broader market. Comparatively, CONMED has a beta of 0.92, indicating that its share price is 8% less volatile than the broader market.

In the previous week, Warby Parker had 4 more articles in the media than CONMED. MarketBeat recorded 6 mentions for Warby Parker and 2 mentions for CONMED. Warby Parker's average media sentiment score of 1.16 beat CONMED's score of 0.00 indicating that Warby Parker is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Warby Parker
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
CONMED
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

CONMED has a net margin of 4.00% compared to Warby Parker's net margin of 0.15%. CONMED's return on equity of 13.84% beat Warby Parker's return on equity.

Company Net Margins Return on Equity Return on Assets
Warby Parker0.15% 2.30% 1.18%
CONMED 4.00%13.84%6.05%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Warby Parker$871.91M3.69$1.64M$0.021,501.05
CONMED$1.37B0.76$47.06M$1.7719.50

Summary

Warby Parker beats CONMED on 9 of the 16 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 better investment? We will compare the two companies based on the strength of their institutional ownership, valuation, risk, profitability, dividends, earnings, analyst recommendations and media sentiment.

In the previous week, TransMedics Group had 1 more articles in the media than CONMED. MarketBeat recorded 3 mentions for TransMedics Group and 2 mentions for CONMED. TransMedics Group's average media sentiment score of 0.63 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)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
TransMedics Group
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

99.7% of TransMedics Group shares are owned by institutional investors. 0.3% of CONMED shares are owned by insiders. Comparatively, 6.9% of TransMedics Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

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%

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$1.37B0.76$47.06M$1.7719.50
TransMedics Group$605.49M3.84$190.29M$4.4015.29

CONMED currently has a consensus target price of $39.50, indicating a potential upside of 14.47%. TransMedics Group has a consensus target price of $134.50, indicating a potential upside of 99.88%. 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
2 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.71
TransMedics Group
0 Sell rating(s)
7 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.46

CONMED has a beta of 0.92, meaning that its stock price is 8% less volatile than the broader market. Comparatively, TransMedics Group has a beta of 1.92, meaning that its stock price is 92% more volatile than the broader market.

Summary

TransMedics Group beats CONMED on 15 of the 16 factors compared between the two stocks.

How does CONMED compare to Establishment Labs?

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

CONMED has a beta of 0.92, indicating that its share price is 8% less volatile than the broader market. Comparatively, Establishment Labs has a beta of 1.11, indicating that its share price is 11% more volatile than the broader market.

72.9% of Establishment Labs shares are held by institutional investors. 0.3% of CONMED shares are held by company insiders. Comparatively, 10.0% of Establishment Labs shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

In the previous week, Establishment Labs had 2 more articles in the media than CONMED. MarketBeat recorded 4 mentions for Establishment Labs and 2 mentions for CONMED. Establishment Labs' average media sentiment score of 0.66 beat CONMED's score of 0.00 indicating that Establishment Labs 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)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Establishment Labs
0 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

CONMED has a net margin of 4.00% compared to Establishment Labs' net margin of -19.05%. CONMED's return on equity of 13.84% beat Establishment Labs' return on equity.

Company Net Margins Return on Equity Return on Assets
CONMED4.00% 13.84% 6.05%
Establishment Labs -19.05%-218.77%-12.31%

CONMED currently has a consensus price target of $39.50, suggesting a potential upside of 14.47%. Establishment Labs has a consensus price target of $87.14, suggesting a potential downside of 0.32%. Given CONMED's higher possible upside, research analysts plainly believe CONMED is more favorable than Establishment Labs.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
CONMED
2 Sell rating(s)
5 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.71
Establishment Labs
1 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.67

CONMED has higher revenue and earnings than Establishment Labs. Establishment Labs 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$1.37B0.76$47.06M$1.7719.50
Establishment Labs$211.08M12.19-$51.06M-$1.49N/A

Summary

Establishment Labs 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$1.08B$16.29B$6.84B$23.40B
Dividend YieldN/A1.28%2.67%4.08%
P/E Ratio7.9018.8225.8331.73
Price / Sales0.762.38511.5182.26
Price / Cash4.9914.2029.0918.60
Price / Book1.033.3310.984.78
Net Income$47.06M$534.24M$3.57B$1.07B
7 Day Performance6.17%3.73%3.06%1.42%
1 Month Performance-3.50%2.94%0.72%0.76%
1 Year Performance-33.65%1.44%36.82%25.45%

CONMED Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNMD
CONMED
3.085 of 5 stars
$34.51
-4.0%
$39.50
+14.5%
-31.1%$1.08B$1.37B7.903,900
MMSI
Merit Medical Systems
4.2226 of 5 stars
$66.50
-1.1%
$92.80
+39.5%
-23.3%$4.01B$1.54B28.797,500
IRTC
iRhythm Technologies
4.5036 of 5 stars
$104.69
+0.0%
$187.38
+79.0%
-23.2%$3.44B$787.85MN/A2,400
WRBY
Warby Parker
2.5687 of 5 stars
$26.95
+3.8%
$29.50
+9.4%
+33.0%$2.78B$871.91M1,348.324,036
TMDX
TransMedics Group
4.2301 of 5 stars
$75.51
-4.2%
$134.50
+78.1%
-47.9%$2.72B$605.49M17.16210

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This page (NYSE:CNMD) was last updated on 6/29/2026 by MarketBeat.com Staff.
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