CNMD

Conmed Corp Health Care Electromedical & Electrotherapeutic Apparatus Russell 3000
$44.29Close $1.4BMarket cap $32.11 – $51.8652-week range Jan 27, 2027Next report · estimated

Highlights

Strengths

  • Earnings growing EPS +614% year on year, faster than the quarter before (+603 pts)

Cautions

  • Trend not confirmed 6 of 8 conditions · under the 50-day, RS under 70
  • Lagging the market RS 43 · weaker than 57% of stocks over 12 months
  • Distribution down-day volume 1.6× up-day volume over 50 sessions

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Oct 28, 2026
Off 12-month high 15%
1wk down 10.1% price change
1mo down 4.2% price change
12-month return 0% market up 11% · its own down 16%
F-score 6 / 9 Mixed
Altman Z 1.92 Moderate risk
P/E 29.4× price / earnings
PEG — P/E / EPS growth
P/B 1.3× price / book
Earnings yield up 4.7% EBIT / enterprise value
Cheaper than 80% of the market · cheap
Revenue growth up 5% year on year
EPS growth up 614% latest quarter · +603 pts
Sales growth down 1% latest quarter · -1 pts
ROE up 5% return on equity
Free cash margin up 11% $150.9M FCF
D/E 0.81 long-term debt / equity
Net debt / EBITDA 7.7×
Interest cover 3.3×EBIT / interest
Piotroski tests
  • profitability slipped from last year
  • short-term liquidity weakened
  • gross margin narrowed
  • profitable on its assets
  • generating cash from operations
  • profits backed by cash
  • reduced long-term debt
  • no new shares issued
  • assets working harder

Repair signals

  • Long-term debt down 8% ($0.9B → $0.8B)

Trade setup

ATR% 4.4% $1.94 a day · 2×ATR $40.41
RS 43 / 99 vs the universe
Trend 6 / 8 under the 50-day, RS under 70
Relative volume 1.1× vs 50-day average
Up/down volume 0.61 50 sessions
Implied move — no scheduled report
Trend template · 6 of 8
  • Price above the 50-day average: fails
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Heavily indebted Net debt is 7.7 times EBITDA — roughly 8 years of earnings before interest, tax and depreciation to repay borrowings in full.
  • Gross margin narrowing Gross margin fell from 56.1% to 54.6%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported Oct 28, 2026
Results reaction Oct 28, 2026-3% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $1.4B +5% on FY2024
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $862.5M FY2021 · $1.0B FY2022 · $1.0B FY2023 · $1.2B FY2024 · $1.3B FY2025 · $1.4B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $47.1M -64% on FY2024
-$100M $0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $9.5M FY2021 · $62.5M FY2022 · -$80.6M FY2023 · $64.5M FY2024 · $132.4M FY2025 · $47.1M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $150.9M -2% on FY2024
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $51.5M FY2021 · $96.9M FY2022 · $11.6M FY2023 · $106.3M FY2024 · $153.9M FY2025 · $150.9M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 55%
  • Net 3%
  • Free cash 11%
0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 53% · Net 1% · Free cash 6% FY2021 · Gross 56% · Net 6% · Free cash 10% FY2022 · Gross 55% · Net -8% · Free cash 1% FY2023 · Gross 54% · Net 5% · Free cash 9% FY2024 · Gross 56% · Net 10% · Free cash 12% FY2025 · Gross 55% · Net 3% · Free cash 11%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $794.1M net debt
  • Cash
  • Long-term debt
$0 $2B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $27.4M · Long-term debt $753.6M FY2021 · Cash $20.8M · Long-term debt $684.7M FY2022 · Cash $28.9M · Long-term debt $1.1B FY2023 · Cash $24.3M · Long-term debt $973.8M FY2024 · Cash $24.5M · Long-term debt $905.8M FY2025 · Cash $40.8M · Long-term debt $834.9M
Shares outstanding Shares in issue at the year's end. A rising count means each share owns a smaller slice of the company (stock pay, share sales); a falling one, buybacks. The chart's scale is fitted to the count, so a small change looks large: read the percentage. Methodology 31.30m +0.0% since FY2020
31.30m FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · 31.30m FY2021 · 31.30m FY2022 · 31.30m FY2023 · 31.30m FY2024 · 31.30m FY2025 · 31.30m
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $862.5M $1.0B $1.0B $1.2B $1.3B $1.4B
Gross margin 53% 56% 55% 54% 56% 55%
Operating income $46.0M $109.7M $70.1M $120.6M $200.3M $102.6M
Net income $9.5M $62.5M -$80.6M $64.5M $132.4M $47.1M
Net margin 1% 6% -8% 5% 10% 3%
Earnings per share $0.32 $1.94 -$2.68 $2.04 $4.25 $1.51
Free cash flow $51.5M $96.9M $11.6M $106.3M $153.9M $150.9M
Free cash margin 6% 10% 1% 9% 12% 11%
Cash $27.4M $20.8M $28.9M $24.3M $24.5M $40.8M
Long-term debt $753.6M $684.7M $1.1B $973.8M $905.8M $834.9M
Shareholders' equity $709.0M $785.4M $745.5M $834.2M $962.7M $1.0B
Shares outstanding 31.30m 31.30m 31.30m 31.30m 31.30m 31.30m

Filings

SEC EDGAR
FiledReportPeriod to Lag
Oct 28, 2026 Quarterly ↗ Sep 30, 2026 28d
Jul 29, 2026 Quarterly ↗ Jun 30, 2026 29d
Feb 17, 2026 Annual ↗ Dec 31, 2025 48d
Nov 6, 2025 Quarterly ↗ Sep 30, 2025 37d
Jul 31, 2025 Quarterly ↗ Jun 30, 2025 31d
May 1, 2025 Quarterly ↗ Mar 31, 2025 31d
Feb 18, 2025 Annual ↗ Dec 31, 2024 49d
Oct 31, 2024 Quarterly ↗ Sep 30, 2024 31d
Aug 1, 2024 Quarterly ↗ Jun 30, 2024 32d
Apr 25, 2024 Quarterly ↗ Mar 31, 2024 25d
Feb 28, 2024 Annual ↗ Dec 31, 2023 59d
Oct 26, 2023 Quarterly ↗ Sep 30, 2023 26d

Current reports