CNMD:NGS-CONMED Corporation

EQUITY | Medical Devices | Nasdaq Global Select

Last Closing

USD 86.42

Change

-1.64 (-1.86)%

Market Cap

USD 1.25B

Volume

0.16M

Analyst Target

USD 89.40
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Conmed Corp is a medical technology company with an emphasis on surgical devices and equipment for minimally invasive procedures and monitoring. The Company's products serve the clinical areas, surgeons and physicians.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2019-07-15 )

Largest Industry Peers for Medical Devices

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SWAV Shockwave Medical Inc

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MASI Masimo Corporation

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AXNX Axonics Modulation Technologie..

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IRTC iRhythm Technologies Inc

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QDEL Quidel Corporation

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LIVN LivaNova PLC

-0.43 (-0.82%)

USD 3.02B

ETFs Containing CNMD

N/A

Market Performance

  Market Performance vs. Industry/Classification (Medical Devices) Market Performance vs. Exchange (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 34.61% 76% C+ 80% B-
Dividend Return 0.62% 100% F 18% F
Total Return 35.23% 76% C+ 80% B-
Trailing 12 Months  
Capital Gain 17.13% 83% B 84% B
Dividend Return 1.08% 50% F 22% F
Total Return 18.22% 83% B 84% B
Trailing 5 Years  
Capital Gain 101.07% 75% C 81% B-
Dividend Return 8.84% 50% F 36% F
Total Return 109.91% 75% C 81% B-
Average Annual (5 Year Horizon)  
Capital Gain 15.78% 57% F 73% C
Dividend Return 17.40% 59% D- 73% C
Total Return 1.62% 50% F 42% F
Risk Return Profile  
Volatility (Standard Deviation) 23.66% 89% A- 56% F
Risk Adjusted Return 73.53% 81% B- 85% B
Market Capitalization 1.25B 88% B+ 82% B

Key Financial Ratios

  Ratio vs. Industry/Classification (Medical Devices) Ratio vs. Market (Nasdaq Global Select)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 82.90 29% 14%
Price/Book Ratio 3.52 51% 33%
Price / Cash Flow Ratio 0.00 91% 93%
Price/Free Cash Flow Ratio 0.00 91% 92%
Management Effectiveness  
Return on Equity 4.67% 81% 55%
Return on Invested Capital N/A N/A N/A
Return on Assets 3.21% 83% 70%
Debt to Equity Ratio 66.22% 33% 34%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Negative cashflow

The company had negative total cash flow in the most recent four quarters.

Negative free cash flow

The company had negative total free cash flow in the most recent four quarters.

Low Earnings Growth

This stock has shown below median earnings growth in the previous 5 years compared to its sector

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector