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CNMD

BEARISH
$38.34 Live
CONMED Corporation · NYSE
Target $44.2 (+15.3%)
$33.21 52W Range $61.08

At a glance

Key valuation, profitability, growth, and risk metrics.

Updated Apr 25, 2026
Market cap
$1.18B
P/E
25.39
ROE
4.7%
Profit margin
3.4%
Debt/Equity
0.86
Dividend yield
2.09%

AI Analysis

AI-powered fundamental assessment

Confidence
85%
CNMD exhibits a stark divergence between its strong balance sheet health (Piotroski F-Score: 7/9) and its deteriorating operational performance. While the company maintains a stable financial foundation and a low Price-to-Sales ratio, it is plagued by a severe earnings collapse (-50% YoY) and a consistent track record of missing analyst estimates (0/4 beats in the last year). With the current price ($38.34) trading above the Graham Number ($33.66) and significantly above the growth-based intrinsic value ($10.57), the stock lacks a valuation catalyst despite a low forward P/E.

Key Strengths

Strong Piotroski F-Score of 7/9 indicating solid short-term financial health
Attractive Price-to-Sales ratio of 0.86, suggesting revenue is undervalued
Healthy liquidity with a Current Ratio of 2.14
Strong Gross Margins (53.87%) indicating efficient production/service delivery
Sustainable dividend payout ratio of 39.74%

Key Risks

Severe earnings contraction with YoY Earnings Growth at -50.00%
Chronic earnings misses with an average surprise of -58.07% over the last 4 quarters
Long-term value destruction evidenced by a -70.3% 5-year price change
Bearish insider sentiment with sales from the CFO and CTO
Very thin net profit margins (3.42%) leaving little room for operational error
AI Fair Value Estimate
Based on comprehensive analysis
$31.5
-17.8% below current price

Performance Snowflake

Multi-dimensional analysis across 5 key categories

Overall
47
Moderate
Value
45
Future
25
Past
20
Health
85
Dividend
60
AI Verdict
Underperforming Health-Value Hybrid
Key drivers: Strong balance sheet (Piotroski), Catastrophic earnings trend, Bearish technicals and insider activity
Confidence
90%
Value
45/100

P/E of 25.39 is high for current earnings, though Forward P/E of 7.78 suggests expected recovery.

Positives
  • Low P/S ratio
  • P/B ratio near 1.0
Watchpoints
  • Price exceeds Graham Number
  • Price significantly exceeds Intrinsic Value formula
Future
25/100

Growth metrics are heavily negative on the bottom line.

Positives
  • Modest revenue growth (7.9%)
Watchpoints
  • Earnings growth -50%
  • Consistent failure to meet EPS estimates
Past
20/100

Long-term trend is aggressively bearish.

Positives
  • Historical ability to beat estimates prior to 2025
Watchpoints
  • 5-year return of -70.3%
  • 1-year return of -24.3%
Health
85/100

The company is financially stable but operationally inefficient.

Positives
  • Piotroski F-Score 7/9
  • Current Ratio 2.14
  • Manageable Debt/Equity 0.86
Watchpoints
  • Low ROE (4.71%)
Dividend
60/100

Dividend is safe but not a primary driver for total return.

Positives
  • Consistent payout
  • Low payout ratio (39.74%)
Watchpoints
  • Low yield (2.09%)

Stock Price & Analyst Targets

Real-time price movements and analyst price targets

Current Price
$38.34
Analyst Target
$44.2
Upside/Downside
+15.3%

Multi-Horizon Performance vs Peers

Price momentum across 5Y → 1W horizons for CNMD and closest competitors.

Updated 2026-04-24
CNM
CONMED Corporation
Primary
5Y
-70.3%
3Y
-65.8%
1Y
-24.3%
6M
-19.7%
1M
+3.4%
1W
-1.9%
EYP
EyePoint, Inc.
Peer
5Y
+41.6%
3Y
+326.8%
1Y
+243.1%
6M
+2.1%
1M
-9.6%
1W
+8.8%
ALV
Alvotech
Peer
5Y
-65.9%
3Y
-71.8%
1Y
-66.2%
6M
-52.0%
1M
-17.7%
1W
-1.6%
SEP
Septerna, Inc.
Peer
5Y
+22.1%
3Y
+22.1%
1Y
+342.9%
6M
+18.4%
1M
+8.4%
1W
+13.2%
IRM
IRADIMED CORPORATION
Peer
5Y
+324.4%
3Y
+136.8%
1Y
+89.2%
6M
+31.5%
1M
-7.3%
1W
-2.9%

Positive values indicate cumulative gains over the specified period. Comparables pulled from the same sector to highlight whether momentum is stock-specific or industry-wide.

Historical Performance Trends

Long-term financial metrics and growth patterns

Revenue & Net Income

Profit & Operating Margins

Return on Equity (ROE)

Quarterly Revenue Growth

Historical data shows last 12 quarters (3 years)

Valuation Metrics

Key valuation ratios and pricing indicators

P/E Ratio
25.39
Forward P/E
7.78
PEG Ratio
1.84
P/B Ratio
1.15
P/S Ratio
0.86
EV/Revenue
1.48
EV/EBITDA
10.06
Market Cap
$1.18B

Profitability

Profit margins and return metrics

Profit Margin 3.42%
Operating Margin 7.25%
Gross Margin 53.87%
ROE 4.71%
ROA 3.47%

Growth

Revenue and earnings growth rates

Revenue Growth +7.9%
Earnings Growth -50.0%
Q/Q Revenue Growth +7.88%
Q/Q Earnings Growth -50.4%

Financial Health

Balance sheet strength and liquidity metrics

Debt/Equity
0.86
Moderate
Current Ratio
2.14
Strong
Quick Ratio
0.92
Poor
Cash/Share
$1.32

Financial Statement Flow

Interactive flow visualization showing how money moves through the company Q4 2025

Revenue
$0.4B
Gross Margin
58.5%
Op. Margin
9.8%
Net Margin
4.5%
Total Assets
$2.3B
Liabilities
$1.3B
Equity
$1.0B
Debt/Equity
1.25x
Operating CF
$0.0B
CapEx
$-0.0B
Free Cash Flow
$0.0B
FCF Yield
89%

Quarterly Earnings History

EPS performance vs analyst estimates

2026-04-29
$N/A
2026-01-28
$0.54
-57.1% surprise
2025-11-05
$0.09
-89.7% surprise
2025-07-30
$0.69
-27.4% surprise

Healthcare Sector Comparison

Comparing CNMD against 537 companies in the Healthcare sector (28 bullish, 159 neutral, 350 bearish)
P/E Ratio
25.39
This Stock
vs
80.17
Sector Avg
-68.3% (Discount)
Return on Equity (ROE)
4.71%
This Stock
vs
-91.87%
Sector Avg
-105.1% (Below Avg)
Profit Margin
3.42%
This Stock
vs
-16.49%
Sector Avg
-120.8% (Weaker)
Debt to Equity
0.86
This Stock
vs
2.73
Sector Avg
-68.5% (Less Debt)
Revenue Growth
7.9%
This Stock
vs
129.42%
Sector Avg
-93.9% (Slower)
Current Ratio
2.14
This Stock
vs
4.57
Sector Avg
-53.2% (Weaker)

Similar Companies

Peer comparison within the same industry

Recent Insider Trading

Insider buy and sell transactions from the last 6 months

LALOMIA BRENT
Officer
Stock Award
2026-03-06
75 shares
KAYE MARK
Director
Stock Award
2026-02-24
152 shares
GLAZE RICHARD
Chief Technology Officer
Sell
2025-11-21
257 shares · $10,591
GLAZE RICHARD
Chief Technology Officer
Stock Award
2025-11-20
375 shares
GARNER TODD W.
Chief Financial Officer
Sell
2025-11-06
3,500 shares · $150,500
FOUST HOLLIE K
General Counsel
Stock Award
2025-11-04
4,000 shares
GARNER TODD W.
Chief Financial Officer
Stock Award
2025-10-31
7,500 shares
Insider transactions can signal confidence or concerns about company prospects

SEC Filings

Recent regulatory filings from the SEC EDGAR database

DEF 14A
DEF 14A
2026-04-07

CNMD filed a definitive proxy statement on April 7, 2026, providing shareholders with necessary information and voting materials for an upcoming meeting.

8-K
CURRENT REPORT
2026-03-13
10-K
10-K
2026-02-17

CNMD filed its annual 10-K report on February 17, 2026, which includes standard disclosures regarding its business operations, risk factors, and management's discussion and analysis of financial condition. Specific financial highlights and risk details were not provided in the available excerpts.

8-K
8-K
2026-01-28

CNMD filed an 8-K on January 28, 2026, likely to announce its full-year financial results or annual earnings.

8-K
8-K
2026-01-12
8-K
8-K
2026-01-08
8-K
CURRENT REPORT
2025-12-05
10-Q
10-Q
2025-11-06

For the nine months ending September 30, 2025, the Gore® VIABIL® device generated $44.1 million in net sales with a gross profit margin of approximately 38%. A significant upcoming risk is the loss of this revenue stream, as CONMED will not renew its distribution agreement for the device after December 31, 2026. The company reports no material financial impact from geopolitical conflicts in Ukraine and the Middle East.

8-K
8-K
2025-11-05
8-K
8-K
2025-09-09
8-K
8-K
2025-08-08
10-Q
10-Q
2025-07-31
8-K
8-K
2025-07-30
8-K
CURRENT REPORT
2025-07-07
8-K
8-K
2025-06-16
Data sourced from SEC EDGAR. AI summaries generated automatically.

Wall Street Analysts

Professional analyst ratings and price targets

Consensus
NONE
5 analysts
Piper Sandler
2026-03-17
down
Overweight Neutral
Wells Fargo
2026-01-29
Maintains
Equal-Weight Equal-Weight
Needham
2026-01-29
reit
Hold Hold
B of A Securities
2025-12-08
Maintains
Neutral Neutral
JP Morgan
2025-11-06
Maintains
Neutral Neutral
Piper Sandler
2025-11-06
Maintains
Overweight Overweight
Wells Fargo
2025-11-06
Maintains
Equal-Weight Equal-Weight

Past News Coverage

Recent headlines mentioning CNMD from our newsroom.

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