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Conmed Corp CNMD

Morningstar Rating
$108.71 +1.45 (1.35%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

CNMD is trading at a 13% discount.
Price
$107.12
Fair Value
$284.72
Uncertainty
High
1-Star Price
$182.78
5-Star Price
$348.86
Economic Moat
Ctwrzry
Capital Allocation
Gytqtpmt
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News

Trading Information

Previous Close Price
$107.26
Day Range
$106.72108.98
52-Week Range
$83.05138.40
Bid/Ask
$108.91 / $109.57
Market Cap
$3.34 Bil
Volume/Avg
30,068 / 360,943

Key Statistics

Price/Earnings (Normalized)
38.16
Price/Sales
2.87
Dividend Yield
0.75%
Dividend Yield (Forward)
0.75%
Total Yield
0.75%

Company Profile

Conmed Corp is a Utica, New York-based medical equipment company that focuses on sports medicine procedures and general surgery. The firm currently reports through two reporting units, orthopedic surgery, and general surgery. From a geographic perspective, the firm is U.S.-centric, with maximum domestic sales accounting for revenue, EMEA accounting for second place, APAC at third, and the non-U.S. Americas region driving the remaining revenue.
Sector
Healthcare
Industry
Medical Devices
Stock Style Box
Small Growth
Total Number of Employees
4,100

Valuation

Metric
CNMD
Price/Earnings (Normalized)
38.16
Price/Book Value
4.14
Price/Sales
2.87
Price/Cash Flow
27.11
Price/Earnings
CNMD

Financial Strength

Metric
CNMD
Quick Ratio
0.69
Current Ratio
1.66
Interest Coverage
1.75
Quick Ratio
CNMD

Profitability

Metric
CNMD
Return on Assets (Normalized)
3.81%
Return on Equity (Normalized)
11.62%
Return on Invested Capital (Normalized)
6.63%
Return on Assets
CNMD

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Economic Moat
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PODD
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