Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Conmed Corp (NYSE: CNMD) closed at $52.29 down -7.91% from its previous closing price of $56.78. In other words, the price has decreased by -$7.91 from its previous closing price. On the day, 0.61 million shares were traded. CNMD stock price reached its highest trading level at $55.45 during the session, while it also had its lowest trading level at $50.95.
Ratios:
For a deeper understanding of Conmed Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 71.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.41. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 2.30. In the meantime, Its Debt-to-Equity ratio is 0.98 whereas as Long-Term Debt/Eq ratio is at 0.97.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on February 06, 2025, Downgraded its rating to Neutral and sets its target price to $70 from $85 previously.
On February 01, 2024, Needham reiterated its Buy rating and also lowered its target price recommendation from $119 to $129.
On May 22, 2023, CL King started tracking the stock assigning a Buy rating and target price of $140.CL King initiated its Buy rating on May 22, 2023, with a $140 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 14 ’25 when Hartman Curt R bought 2,905 shares for $64.89 per share.
Glaze Richard sold 257 shares of CNMD for $16,796 on Feb 11 ’25. The Chief Information Officer now owns 0 shares after completing the transaction at $65.35 per share. On Feb 13 ’25, another insider, Hartman Curt R, who serves as the Former Officer of the company, bought 4,986 shares for $62.95 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CNMD now has a Market Capitalization of 1756191104 and an Enterprise Value of 2661009920. As of this moment, Conmed’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.30, and their Forward P/E ratio for the next fiscal year is 10.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.24. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.35 while its Price-to-Book (P/B) ratio in mrq is 1.68. Its current Enterprise Value per Revenue stands at 2.036 whereas that against EBITDA is 11.583.
Stock Price History:
The Beta on a monthly basis for CNMD is 1.17, which has changed by -0.29887366 over the last 52 weeks, in comparison to a change of 0.028231144 over the same period for the S&P500. Over the past 52 weeks, CNMD has reached a high of $80.54, while it has fallen to a 52-week low of $51.01. The 50-Day Moving Average of the stock is -15.01%, while the 200-Day Moving Average is calculated to be -22.90%.
Shares Statistics:
For the past three months, CNMD has traded an average of 515.33K shares per day and 572690 over the past ten days. A total of 30.90M shares are outstanding, with a floating share count of 30.05M. Insiders hold about 2.77% of the company’s shares, while institutions hold 114.58% stake in the company. Shares short for CNMD as of 1741910400 were 2804602 with a Short Ratio of 4.98, compared to 1739491200 on 2365365. Therefore, it implies a Short% of Shares Outstanding of 2804602 and a Short% of Float of 12.57.
Dividends & Splits
According to the company, the forward annual dividend rate for CNMD is 0.80, from 0.8 in the trailing year. Against a Trailing Annual Dividend Yield of 0.014089469The stock’s 5-year Average Dividend Yield is 0.85. The current Payout Ratio is 18.82% for CNMD, which recently paid a dividend on 2025-03-14 with an ex-dividend date of 1741910400. Stock splits for the company last occurred on 2001-09-10 when the company split stock in a 3:2 ratio.
