Added to YB: 2026-03-31
Pitch date: 2026-02-06
CNMD [bullish]
CONMED Corporation
-18.52%
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.
Market Cap
$1.1B
Pitch Price
$41.10
Price Target
62.20 (+80%)
Dividend
N/A
EV/EBITDA
9.00
P/E
22.90
EV/Sales
1.39
Sector
Health Care Equipment and Supplies
Category
value
CONMED Corporation - $CNMD
CNMD: Med equipment co (orthopedic/general surgery) near 10yr lows at 8x P/E vs peers at 20x. Q4 ortho sales +12.1%, gen surgery +3.8%; FY25 adj EPS $4.59 (+10.1%). Exiting GI biz to boost gross margins +80bps. Supply chain improving, backorders at 3yr low. 2026 guide: 4.5-6% rev growth, adj EPS $4.80-$4.90 ex-divestiture costs. $150M buyback initiated. 15x P/E = 50%+ upside or buyout target.
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