The company's fundamentals are relatively stable. Its valuation is considered undervalued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Hold. The company is performing well in the stock market, with strong fundamentals and technicals supporting the current trend. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
The company's current financial score is 8.54, which is higher than the Healthcare Equipment & Supplies industry's average of 7.32. Its financial status is weak, and its operating efficiency is high. Its latest quarterly revenue reached 342.35M, representing a year-over-year increase of 3.09%, while its net profit experienced a year-over-year increase of 28.54%.
The company’s current valuation score is 1.80, which is lower than the Healthcare Equipment & Supplies industry's average of 2.00. Its current P/E ratio is 14.16, which is 5.99% below the recent high of 15.01 and 0.60% above the recent low of 14.07.
The company’s current earnings forecast score is 6.33, which is lower than the Healthcare Equipment & Supplies industry's average of 7.70. The average price target for Conmed Corp is 61.00, with a high of 68.00 and a low of 57.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The company’s current price momentum score is 6.21, which is lower than the Healthcare Equipment & Supplies industry's average of 6.45. Sideways: Currently, the stock price is trading between the resistance level at 54.67 and the support level at 48.25, making it suitable for range-bound swing trading.
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The company’s current institutional recognition score is 10.00, which is higher than the Healthcare Equipment & Supplies industry's average of 6.89. The latest institutional shareholding proportion is 115.99%, representing a quarter-over-quarter decrease of 2.88%. The largest institutional shareholder is The Vanguard, holding a total of 3.54M shares, representing 11.44% of shares outstanding, with 0.95% decrease in holdings.
The company’s current risk assessment score is 4.57, which is higher than the Healthcare Equipment & Supplies industry's average of 3.87. The company's beta value is 1.17. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets.
