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Upturn stock ratingUpturn stock rating
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CONMED Corporation (CNMD)

Upturn stock ratingUpturn stock rating
$59.4
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: CNMD (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

AI Based Fundamental Rating

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Below Average Performance

These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.

Analysis of Past Performance

Type Stock
Historic Profit -35.23%
Avg. Invested days 28
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 2.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.87B USD
Price to earnings Ratio 14.22
1Y Target Price 77.29
Price to earnings Ratio 14.22
1Y Target Price 77.29
Volume (30-day avg) 481650
Beta 1.54
52 Weeks Range 55.03 - 79.71
Updated Date 04/2/2025
52 Weeks Range 55.03 - 79.71
Updated Date 04/2/2025
Dividends yield (FY) 1.35%
Basic EPS (TTM) 4.25

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 10.13%
Operating Margin (TTM) 15.54%

Management Effectiveness

Return on Assets (TTM) 4.32%
Return on Equity (TTM) 14.74%

Valuation

Trailing PE 14.22
Forward PE 27.03
Enterprise Value 2717306799
Price to Sales(TTM) 1.43
Enterprise Value 2717306799
Price to Sales(TTM) 1.43
Enterprise Value to Revenue 2.08
Enterprise Value to EBITDA 9.98
Shares Outstanding 30908800
Shares Floating 30646419
Shares Outstanding 30908800
Shares Floating 30646419
Percent Insiders 0.5
Percent Institutions 118.4

Analyst Ratings

Rating 3.71
Target Price 81.14
Buy 3
Strong Buy 1
Buy 3
Strong Buy 1
Hold 3
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

CONMED Corporation

stock logo

Company Overview

overview logo History and Background

CONMED Corporation was founded in 1970. Initially focused on electrosurgical products, it has grown through organic expansion and acquisitions to offer a broad range of medical devices and equipment.

business area logo Core Business Areas

  • Orthopedic Surgery: Offers a wide range of products for orthopedic procedures, including arthroscopy, sports medicine, and large bone reconstruction.
  • General Surgery: Provides devices for electrosurgery, surgical visualization, and other general surgical needs.
  • Advanced Surgical: This includes products like tissue sealers, smoke evacuators, and energy-based instruments.

leadership logo Leadership and Structure

CONMED is led by a CEO and executive team. The organizational structure is divided into business units corresponding to its core business areas.

Top Products and Market Share

overview logo Key Offerings

  • Arthroscopic Solutions: CONMED offers a comprehensive suite of arthroscopic products, including visualization systems, fluid management, and resection devices. Competitors: Stryker, Smith & Nephew. Market share data unavailable to provide exact percentage.
  • Electrosurgical Generators: These generators are used in a variety of surgical procedures. Competitors: Medtronic, Ethicon. Market share data unavailable to provide exact percentage.
  • Laparoscopic Instrumentation: CONMED offers a variety of laparoscopic instruments and access systems. Competitors: Medtronic, Johnson & Johnson. Market share data unavailable to provide exact percentage.

Market Dynamics

industry overview logo Industry Overview

The medical device industry is characterized by technological innovation, stringent regulatory requirements, and increasing demand driven by an aging population and rising healthcare expenditures.

Positioning

CONMED holds a strong position in specific segments of the medical device market, particularly in orthopedics and general surgery. Its competitive advantages include its established brand, broad product portfolio, and strong distribution network.

Total Addressable Market (TAM)

The global medical device market is estimated to be several hundred billion USD. CONMED is positioned to capture a portion of this TAM, focusing on specific surgical segments.

Upturn SWOT Analysis

Strengths

  • Broad product portfolio
  • Established brand reputation
  • Strong distribution network
  • Focus on innovation

Weaknesses

  • Smaller size compared to major competitors
  • Reliance on specific product segments
  • Potential pricing pressure

Opportunities

  • Expanding into emerging markets
  • Developing new innovative products
  • Acquiring complementary businesses
  • Increasing adoption of minimally invasive surgery

Threats

  • Intense competition
  • Technological advancements from competitors
  • Regulatory changes
  • Economic downturns impacting healthcare spending

Competitors and Market Share

competitor logo Key Competitors

  • Stryker (SYK)
  • Smith & Nephew (SNN)
  • Medtronic (MDT)
  • Johnson & Johnson (JNJ)

Competitive Landscape

CONMED faces intense competition from larger players in the medical device industry. While it has a strong position in specific niches, it needs to continue innovating and expanding its product portfolio to maintain its competitive edge.

Major Acquisitions

Biorez, Inc.

  • Year: 2022
  • Acquisition Price (USD millions): 85
  • Strategic Rationale: Expands sports medicine portfolio with BioRez's BioBrace Implant, a novel bioinductive scaffold.

Growth Trajectory and Initiatives

Historical Growth: Historical growth data unavailable to populate.

Future Projections: Future growth projection data unavailable to populate.

Recent Initiatives: CONMED has focused on acquisitions and product development to drive growth. Recent initiatives include launching new products and expanding its presence in key markets.

Summary

CONMED is a medical device company with a strong position in orthopedics and general surgery. While it faces competition from larger companies, its focus on innovation and acquisitions has driven growth. Key areas to watch are regulatory changes and the impact of economic downturns. The company should continue to strategically leverage its core business areas and look to capitalize on the ever expanding aging population.

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JNJratingrating

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Consider higher Upturn Star rating
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SNNratingrating

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Sources and Disclaimers

Data Sources:

  • Company filings, industry reports, analyst estimates.

Disclaimers:

This analysis is based on publicly available information and is not financial advice. Market share percentages are estimates and may vary depending on the source. Financial data is unavailable due to limitations.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About CONMED Corporation

Exchange NYSE
Headquaters Largo, FL, United States
IPO Launch date 1987-07-23
President, CEO & Director Mr. Patrick J. Beyer
Sector Healthcare
Industry Medical Devices
Full time employees 3900
Full time employees 3900

CONMED Corporation, a medical technology company, develops, manufactures, and sells devices and equipment for surgical procedures in the United States and internationally. The company offers orthopedic surgery products, including BioBrace, TruShot with Y-Knot All-In-One Soft Tissue Fixation System, Y-knot All-Suture Anchors, and Agro Knotless Suture Anchors, which provide clinical solutions to orthopedic surgeons for the augmentation and repair of soft tissue injuries, as well as provides supporting products that enable surgeons to perform minimally invasive sports medicine surgeries. It markets orthopedic surgery products under the Hall, CONMED Linvatec, Concept, and Shutt brands. It also provides battery-powered and autoclavable bone power tool systems for use in orthopedic, arthroscopic, oral/maxillofacial, podiatric, spinal, and cardiothoracic surgeries under Hall surgical brand name. In addition, the company offers general surgery products, including clinical insufflation systems under AirSeal brand; smoke removal devices under Buffalo Filter brand; endomechanical products, such as tissue retrieval bags, trocars, suction irrigation devices, graspers, scissors, and dissectors used in minimally invasive surgeries; and electrosurgical solution comprising monopolar and bipolar generators, argon beam coagulation generators, handpieces, smoke management systems and other accessories. Further, the company provides endoscopic technologies, including therapeutic and diagnostic products for use in gastroenterology procedures, and products for the treatment of diseases of the dilatation, hemostasis, biliary, structure management, and infection prevention; and patient monitoring, including ECG and EEG electrodes, and cardiac defibrillation pads. It markets its products directly to hospitals, surgery centers, and other healthcare institutions, as well as through medical specialty distributors. The company was incorporated in 1970 and is headquartered in Largo, Florida.

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