Added to YB: 2025-09-30
Pitch date: 2025-09-26
CNMD [neutral]
CONMED Corporation
-11.12%
current return
Author Info
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Company Info
CONMED Corporation, a medical technology company, develops, manufactures, and sells devices and equipment for surgical procedures in the United States and internationally.
Market Cap
$1.3B
Pitch Price
$45.94
Price Target
92.00 (+125%)
Dividend
1.82%
EV/EBITDA
9.02
P/E
20.51
EV/Sales
1.57
Sector
Health Care Equipment and Supplies
Category
value
Conmed | They Lost Half Their Value…But the Business Got Stronger
CNMD (overview): Down 70% from 2021 highs despite 30% revenue growth & 50% FCF increase. Supply chain issues being resolved w/ $20M savings expected. TTM FCF margins 11.2%, trading <10x FCF. Med device co in growing markets (orthopedic/general surgery). Price target $92, ~27% CAGR to 2028.
Read full article (6 min)