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CONMED Corporation (CNMD)

Upturn stock ratingUpturn stock rating
$42.68
Last Close (24-hour delay)
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PASS
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Upturn Advisory Summary

10/10/2025: CNMD (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

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

Number of Analysts

rating

6 Analysts rated it

Limited analyst coverage, niche firm, research info may be scarce.

1 Year Target Price $61

1 Year Target Price $61

Analysts Price Target For last 52 week
$61 Target price
52w Low $42.5
Current$42.68
52w High $76.94

Analysis of Past Performance

Type Stock
Historic Profit -48.07%
Avg. Invested days 24
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
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 10/10/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.32B USD
Price to earnings Ratio 12.06
1Y Target Price 61
Price to earnings Ratio 12.06
1Y Target Price 61
Volume (30-day avg) 6
Beta 1.15
52 Weeks Range 42.50 - 76.94
Updated Date 10/12/2025
52 Weeks Range 42.50 - 76.94
Updated Date 10/12/2025
Dividends yield (FY) 1.76%
Basic EPS (TTM) 3.54

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 8.31%
Operating Margin (TTM) 10.62%

Management Effectiveness

Return on Assets (TTM) 4.03%
Return on Equity (TTM) 11.69%

Valuation

Trailing PE 12.06
Forward PE 27.03
Enterprise Value 2290391275
Price to Sales(TTM) 1
Enterprise Value 2290391275
Price to Sales(TTM) 1
Enterprise Value to Revenue 1.73
Enterprise Value to EBITDA 9.36
Shares Outstanding 30954963
Shares Floating 30678226
Shares Outstanding 30954963
Shares Floating 30678226
Percent Insiders 0.57
Percent Institutions 119.76

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 acquisitions and organic development to offer a broad portfolio of surgical devices and equipment.

business area logo Core Business Areas

  • Orthopedic Surgery: Offers a comprehensive suite of products for sports medicine, arthroscopy, and large bone reconstruction.
  • General Surgery: Provides a wide range of surgical devices and equipment, including electrosurgical generators, surgical staplers, and smoke evacuation systems.

leadership logo Leadership and Structure

Curt R. Hartman is the Chairman of the Board, President, and CEO. The company operates with a functional organizational structure.

Top Products and Market Share

overview logo Key Offerings

  • Advanced Surgical: Includes LigaSure vessel sealing technology and AirSeal insufflation system. Competitors include Medtronic, Ethicon, and Stryker. Revenue not publicly broken down per product. Market share varies by specific product category within advanced surgical solutions.
  • General Competitors: Medtronic,Ethicon,Stryker,Olympus
  • General Competitors: Smith & Nephew,Stryker,Zimmer Biomet
  • Orthopedics: Includes patient positioning and fluid management products. Competitors include Smith & Nephew, Stryker, and Zimmer Biomet. Revenue not publicly broken down per product. Market share varies by specific product category within orthopedics.

Market Dynamics

industry overview logo Industry Overview

The medical device industry is characterized by innovation, regulation, and consolidation. Demand is driven by an aging population, increasing prevalence of chronic diseases, and technological advancements.

Positioning

CONMED holds a mid-tier position in the medical device market. Its competitive advantages include a diversified product portfolio, established customer relationships, and a focus on innovation.

Total Addressable Market (TAM)

The global medical devices market is estimated to be worth hundreds of billions of dollars. CONMED addresses a substantial portion of this TAM, particularly in its focused segments. Its TAM is continually affected by innovative products.

Upturn SWOT Analysis

Strengths

  • Diversified product portfolio
  • Established customer relationships
  • Focus on innovation
  • Strong brand recognition in key segments

Weaknesses

  • Smaller scale compared to major competitors
  • Dependence on key product lines
  • Operational efficiency improvements needed
  • Vulnerability to economic fluctuations

Opportunities

  • Expanding into emerging markets
  • Developing new products and technologies
  • Acquiring complementary businesses
  • Leveraging digital health solutions

Threats

  • Intense competition
  • Stringent regulatory requirements
  • Pricing pressures
  • Product liability claims

Competitors and Market Share

competitor logo Key Competitors

  • Medtronic (MDT)
  • Stryker (SYK)
  • Johnson & Johnson (JNJ)

Competitive Landscape

CONMED's competition includes some of the largest medical device companies globally. It has a stronger position in certain niche areas but is generally smaller in scale.

Major Acquisitions

Biorez, Inc.

  • Year: 2022
  • Acquisition Price (USD millions): 85
  • Strategic Rationale: Biorez's BioBrace implant reinforces soft tissue repairs and represents an expansion of CONMED's sports medicine portfolio.

Growth Trajectory and Initiatives

Historical Growth: Growth is dependent on product lifecycle management and innovation.

Future Projections: Analyst estimates are needed for future revenue and growth

Recent Initiatives: Recent acquisitions and product launches are designed to improve market position.

Summary

CONMED is a mid-sized medical device company with a diversified portfolio and established customer relationships. Innovation and strategic acquisitions will be key to future growth. Intense competition from larger players and evolving regulations pose challenges. The company needs to continue to drive operational efficiency and expand its market presence to sustain growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • CONMED Corporation Investor Relations
  • SEC Filings
  • Market Research Reports
  • Analyst Reports

Disclaimers:

The information provided is for informational purposes only and does not constitute financial advice. Market share data is approximate and may vary depending on the source and methodology.

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.