Electromedical & Electrotherapeutic Apparatus · SIC 3845

CONMED Corp

CNMD

Watch

Latest revenue

$317.0M

as of 2026-03-31

Latest net income

$13.8M

as of 2026-03-31

Net margin

4.4%

as of 2026-03-31

6.2
of 10

ActaClear Score

Above avg
#13 of 37 in Electromedical & Electrotherapeutic Apparatus
+0.0 · 2d
Profitability·25%
7.6
Growth·15%
5.8
Value·20%
8.9
Quality·20%
5.6
Momentum·20%
2.8

Computed from 5 years of SEC fundamentals + latest market data, ranked within Electromedical & Electrotherapeutic Apparatus (37 peers). 10 = best in industry, 5 = median, 0 = worst. Refreshed Jun 7, 2026.

1.28
Price / FV

Fair value · DCF

Overvalued
~22% downside at this growth
9.8% / yr
-5%30%
Terminal growthWACC 7.6% · 10y forecast
Current price
$35.17
DCF fair value
$27.58
FCF base (last FY)
$47.05M
Net debt
$834.23M

DCF: 10-year forecast of free cash flow, discounted at the company's WACC, with a Gordon-growth terminal at year 10. FCF is proxied by last fiscal-year net income (proper FCF needs CFO − CapEx by year, which we don't store yet). Drag the slider to test your own growth thesis — the dominant assumption in any DCF is what comes next, not what the math does with it. Beta defaults to 1.0 when not reported.

Community sentiment

Where do you think CNMD is heading?

1 month
6 months
12 months
5 years
Sign in free to vote and see community sentiment

Price · 5Y

-23.9% / yr 43.6 pts / yr vs S&P 500 74.3% total
Compare:

Live market

delayed ≤15 min
$35.17
0.11%
Market cap
$1.08B
Enterprise value
$1.92B
P/E (trailing)
23.0×
Forward P/E
P/B
1.07×
Dividend yield
1.1%
52-wk high
$60.35
52-wk low
$32.13
Beta
Shares out
30.8M

5-year trend

What this company does

AI

CONMED CORPORATION Item 1. Business Forward Looking Statements This Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (“Form 10-K”) contains certain forward-looking statements (as such term is defined in the Private Securities Litigation Reform Act of 1995) and information relating to CONMED Corporation (“CONMED”, the “Company”, “we” or “us” — references to “CONMED”, the “Company”, “we” or “us” shall be deemed to include our direct and indirect subsidiaries unless the context otherwise requires) which are based on the beliefs of our management, as well as assumptions made by and information currently available to our management. When used in this Form 10-K, the words…

AI summary unavailable — showing raw filing excerpt

Generated from CNMD's filing dated 2026-02-17

Key risks

AI

Item 1A. Risk Factors An investment in our securities, including our common stock, involves a high degree of risk. Investors should carefully consider the specific factors set forth below as well as the other information included or incorporated by reference in this Form 10-K. See “Forward Looking Statements”. (i) Risks Related to Our Business and the Medical Device Industry Our financial performance is dependent on conditions in the healthcare industry and the broader economy. Our business and financial performance could be adversely affected, directly or indirectly, by a potential economic downturn. The results of our business are directly tied to the economic conditions in the healthcare…

AI summary unavailable — showing raw filing excerpt

Generated from CNMD's filing dated 2026-02-17

Profitability

Gross margin

54.6%

2.7%

Operating margin

7.5%

51.3%

Net margin

3.4%

66.2%

Return on equity

4.9%

64.5%

Return on assets

2.0%

64.8%

Leverage

Debt / equity

1.42×

1.5%

Long-term debt / equity

0.87×

7.8%

Debt / assets

58.6%

0.6%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$317.0M-1.3%$13.8M+129.1%4.4%

Q4 2025

2025-12-31

$373.2M+7.9%$16.7M-50.4%4.5%

Q3 2025

2025-09-30

$337.9M+6.7%$2.9M-94.2%0.8%

Q2 2025

2025-06-30

$342.3M+3.1%$21.4M-28.5%6.3%

Q1 2025

2025-03-31

$321.3M+2.9%$6.0M-69.4%1.9%

Q4 2024

2024-12-31

$345.9M$33.8M9.8%

Q3 2024

2024-09-30

$316.7M+4.0%$49.0M+209.3%15.5%

Q2 2024

2024-06-30

$332.1M+4.5%$30.0M+118.3%9.0%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Electromedical & Electrotherapeutic Apparatus · SIC 3845

Your notes

Keep private notes on CNMD — thesis, target price, catalysts to watch.

Visible only to you. Never shared. Never used to train AI.

Sign in to write a note

Insider activity

Insider buying

$0

Insider selling

$299.5K

Net activity

−$299.5K

Distinct insiders

3

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2025-11-21

Richard Glaze

Chief Information Officer

Sale257$41.21$10.6K
2025-11-06

Todd W Garner

Executive Vice President & CFO

Sale3,500$43.00$150.5K
2025-09-12

Charles Farkas

Director

Sale1,103$53.53$59.0K
2025-09-12

Charles Farkas

Director

Sale897$53.51$48.0K
2025-08-07

Todd W Garner

Executive Vice President & CFO

Sale598$52.45$31.4K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns CNMD

Institutional value

$591.7M

Total shares held

17.2M

Distinct holders

139

-126 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.4.8M$170.6M+50.5K (+1.1%)Added
2VANGUARD PORTFOLIO MANAGEMENT LLC2.1M$73.4MNew
3DIMENSIONAL FUND ADVISORS LP1.4M$49.2M+80.1K (+6.1%)Added
4VANGUARD CAPITAL MANAGEMENT LLC1.4M$48.9MNew
5SEI INVESTMENTS CO1.0M$35.5M+23.7K (+2.4%)Added
6COOKE & BIELER LP987.8K$34.9M+120.0K (+13.8%)Added
7Capital Research Global Investors925.4K$32.7M+0 (+0.0%)No change
8Allspring Global Investments Holdings, LLC582.7K$20.7M+166.3K (+39.9%)Added
9Bank of New York Mellon Corp289.2K$10.2M+4.3K (+1.5%)Added
10Tributary Capital Management, LLC249.0K$8.8M-19.9K (-7.4%)Trimmed
11PRINCIPAL FINANCIAL GROUP INC210.7K$7.4M+25.9K (+14.0%)Added
12VANGUARD FIDUCIARY TRUST CO201.6K$7.1MNew
13Invesco Ltd.166.6K$5.9M-17.4K (-9.5%)Trimmed
14ENVESTNET ASSET MANAGEMENT INC141.0K$5.0M-2.7K (-1.9%)Trimmed
15Legal & General Group Plc133.7K$4.7M-13.8K (-9.3%)Trimmed
16UBS Group AG116.9K$4.1M+71.8K (+158.8%)Added
17WEDGE CAPITAL MANAGEMENT L L P/NC114.4K$4.0M-16 (-0.0%)Trimmed
18Public Sector Pension Investment Board110.8K$3.9M+3.4K (+3.2%)Added
19JANE STREET GROUP, LLC96.9K$3.4M-179.9K (-65.0%)Trimmed
20WELLS FARGO & COMPANY/MN96.4K$3.4M-74.4K (-43.6%)Trimmed

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once CNMD's latest filing finishes processing.

Investor sentiment
No votes yet
0 this week · 0 total

Sign in to vote. Votes use 7-day half-life decay.

What matters about CNMD?
Tap any that apply. Aggregates show what other investors flag.

Sign in to tap. 7-day half-life decay.

Latest filing impact
After reading, did this filing make you: