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CONMED (CNMD) Competitors

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$34.54 -0.62 (-1.77%)
Closing price 03:59 PM Eastern
Extended Trading
$34.49 -0.05 (-0.14%)
As of 07:20 PM Eastern
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CNMD vs. MMSI, LIVN, NVST, IRTC, and MMED

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

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 businesses based on the strength of their valuation, risk, earnings, dividends, analyst recommendations, institutional ownership, profitability and media sentiment.

CONMED currently has a consensus target price of $43.80, suggesting a potential upside of 26.81%. Merit Medical Systems has a consensus target price of $92.80, suggesting a potential upside of 40.54%. Given Merit Medical Systems' stronger consensus rating and higher probable 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
1 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.86
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 held by institutional investors. 0.3% of CONMED shares are held by insiders. Comparatively, 0.7% of Merit Medical Systems shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

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$1.37B0.76$47.06M$1.7719.51
Merit Medical Systems$1.52B2.60$128.49M$2.3128.58

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%

In the previous week, Merit Medical Systems had 1 more articles in the media than CONMED. MarketBeat recorded 5 mentions for Merit Medical Systems and 4 mentions for CONMED. Merit Medical Systems' average media sentiment score of 1.02 beat CONMED's score of 0.20 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
0 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Merit Medical Systems
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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

LivaNova (NASDAQ:LIVN) 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 analyst recommendations, risk, valuation, dividends, media sentiment, profitability, earnings and institutional ownership.

LivaNova presently has a consensus price target of $79.38, indicating a potential upside of 6.12%. CONMED has a consensus price target of $43.80, indicating a potential upside of 26.81%. Given CONMED's higher possible upside, analysts clearly believe CONMED is more favorable than LivaNova.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
LivaNova
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.67
CONMED
1 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.86

97.6% of LivaNova shares are held by institutional investors. 0.4% of LivaNova 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, endowments and hedge funds believe a company is poised for long-term growth.

In the previous week, LivaNova and LivaNova both had 4 articles in the media. CONMED's average media sentiment score of 0.20 beat LivaNova's score of 0.06 indicating that CONMED is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
LivaNova
0 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
CONMED
0 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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%

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$1.39B2.96-$242.47M$1.9538.36
CONMED$1.37B0.76$47.06M$1.7719.51

LivaNova has a beta of 0.88, indicating that its stock price is 12% less volatile than the broader market. Comparatively, CONMED has a beta of 0.92, indicating that its stock price is 8% less volatile than the broader market.

Summary

LivaNova beats CONMED on 11 of the 15 factors compared between the two stocks.

How does CONMED compare to Envista?

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

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
CONMED4.00% 13.84% 6.05%
Envista 2.41%7.11%3.91%

CONMED has higher earnings, but lower revenue 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
CONMED$1.37B0.76$47.06M$1.7719.51
Envista$2.72B1.40$47M$0.4157.20

CONMED has a beta of 0.92, indicating that its share price is 8% less volatile than the broader market. Comparatively, Envista has a beta of 0.88, indicating that its share price is 12% less volatile than the broader market.

CONMED presently has a consensus price target of $43.80, indicating a potential upside of 26.81%. Envista has a consensus price target of $28.83, indicating a potential upside of 22.94%. Given CONMED's higher possible upside, analysts plainly believe CONMED is more favorable than Envista.

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
Envista
0 Sell rating(s)
9 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.40

In the previous week, CONMED had 3 more articles in the media than Envista. MarketBeat recorded 4 mentions for CONMED and 1 mentions for Envista. Envista's average media sentiment score of 0.50 beat CONMED's score of 0.20 indicating that Envista 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)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Envista
0 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

CONMED beats Envista 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 better business? We will contrast the two businesses based on the strength of their risk, valuation, profitability, earnings, analyst recommendations, media sentiment, institutional ownership and dividends.

In the previous week, iRhythm Technologies and iRhythm Technologies both had 4 articles in the media. iRhythm Technologies' average media sentiment score of 1.35 beat CONMED's score of 0.20 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
4 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)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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%

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$747.14M4.72-$44.55M-$0.86N/A
CONMED$1.37B0.76$47.06M$1.7719.51

iRhythm Technologies has a beta of 1.27, indicating that its share price is 27% 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.

iRhythm Technologies presently has a consensus price target of $189.69, suggesting a potential upside of 76.90%. CONMED has a consensus price target of $43.80, suggesting a potential upside of 26.81%. Given iRhythm Technologies' stronger consensus rating and higher probable upside, equities research analysts plainly 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
1 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.86

Summary

iRhythm Technologies and CONMED tied by winning 7 of the 14 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 business? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, risk, analyst recommendations, dividends, valuation, earnings and profitability.

CONMED has higher earnings, but lower revenue than MiniMed Group.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
CONMED$1.37B0.76$47.06M$1.7719.51
MiniMed Group$2.99B1.40N/AN/AN/A

CONMED presently has a consensus target price of $43.80, suggesting a potential upside of 26.81%. MiniMed Group has a consensus target price of $21.33, suggesting a potential upside of 43.37%. 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
1 Sell rating(s)
6 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.86
MiniMed Group
1 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.73

In the previous week, MiniMed Group had 5 more articles in the media than CONMED. MarketBeat recorded 9 mentions for MiniMed Group and 4 mentions for CONMED. CONMED's average media sentiment score of 0.20 beat MiniMed Group's score of -0.23 indicating that CONMED is being referred to more favorably in the media.

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

19.7% of MiniMed Group shares are held by institutional investors. 0.3% of CONMED shares are held by insiders. Comparatively, 2.2% of MiniMed Group shares are held by 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.

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

Summary

MiniMed Group beats CONMED on 8 of the 12 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$1.06B$15.69B$6.49B$23.05B
Dividend YieldN/A1.16%2.67%4.10%
P/E Ratio19.5118.4823.9230.30
Price / Sales0.762.30507.5722.44
Price / Cash4.8813.5826.9918.46
Price / Book1.043.3310.284.61
Net Income$47.06M$534.24M$3.57B$1.07B
7 Day Performance-0.18%2.80%-1.43%-1.80%
1 Month Performance-6.29%11.71%3.27%-1.21%
1 Year Performance-39.34%0.15%23.37%21.30%

CONMED Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CNMD
CONMED
4.0671 of 5 stars
$34.54
-1.8%
$43.80
+26.8%
-38.4%$1.06B$1.37B19.513,900
MMSI
Merit Medical Systems
4.7737 of 5 stars
$62.05
-1.6%
$92.80
+49.6%
-32.3%$3.76B$1.54B26.867,500
LIVN
LivaNova
2.6688 of 5 stars
$73.81
+0.0%
$79.38
+7.5%
+57.5%$4.05B$1.43B37.853,300
NVST
Envista
2.9142 of 5 stars
$23.34
-0.9%
$28.83
+23.5%
+22.9%$3.80B$2.81B56.9312,000
IRTC
iRhythm Technologies
4.2914 of 5 stars
$109.17
-4.2%
$189.69
+73.8%
-26.3%$3.74B$787.85MN/A2,400

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This page (NYSE:CNMD) was last updated on 6/8/2026 by MarketBeat.com Staff.
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