Acquisition by Beyer Pat of 3000 shares of CONMED at 68.3 subject to Rule 16b-3

CNMD Stock  USD 74.04  0.88  1.20%   
About 58% of all CONMED's shareholders are looking to take a long position. The analysis of overall sentiment of trading CONMED stock suggests that some investors are interested at this time. The current market sentiment, together with CONMED's historical and current headlines, can help investors time the market. In addition, many technical investors use CONMED stock news signals to limit their universe of possible portfolio assets.
  
Filed transaction by CONMED Officer: Chief Operating Officer. Grant, award or other acquisition pursuant to Rule 16b-3(d)

Read at macroaxis.com
Acquisition of 3000 common stock at 68.3 of CONMED by Beyer Pat on 30th of April 2024. This event was filed by CONMED with SEC on 2024-04-30. Statement of changes in beneficial ownership - SEC Form 4

Cash Flow Correlation

CONMED's cash-flow correlation analysis can be used to evaluate the unsystematic risk during the given period. It also helps investors identify the CONMED's relationships between the major components of the statement of changes in financial position and other commonly used cash-related accounts. When such correlations are discovered, they may help managers and analysts to enhance performance or determine appealing investment opportunities.
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CONMED Investor Sentiment by Other News Outlets

Investor sentiment, mood or attitude towards CONMED can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

CONMED Fundamental Analysis

We analyze CONMED's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CONMED using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CONMED based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Five Year Return

Five Year Return Comparative Analysis

CONMED is currently under evaluation in five year return category among its peers. Five Year Return is considered one of the best measures to evaluate fund performance, especially from the mid and long term perspective. It shows the total annualized return generated from holding equity for the last five years and represents capital appreciation of the investment, including all dividends, losses, and capital gains distributions.

CONMED Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CONMED stock to make a market-neutral strategy. Peer analysis of CONMED could also be used in its relative valuation, which is a method of valuing CONMED by comparing valuation metrics with similar companies.

Peers

CONMED Related Equities

ANIKAnika Therapeutics   3.02   
0%
100.0%
LUNGPulmonx Corp   2.38   
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78.0%
KIDSOrthopediatrics Corp   2.32   
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76.0%
SIBNSi Bone   2.19   
0%
72.0%
OFIXOrthofix Medical   2.09   
0%
69.0%
SGHTSight Sciences   2.05   
0%
67.0%
ATECAlphatec Holdings   1.06   
0%
35.0%
STESTERIS Plc   0.73   
0%
24.0%
GKOSGlaukos Corp   0.67   
0%
22.0%
GMEDGlobus Medical   0.38   
0%
12.0%
LIVNLivaNova PLC   0.04   
0%
1.0%
ITGRInteger Holdings   0.21   
6.0%
0%
SRDXSurModics   0.23   
7.0%
0%
IRTCIRhythm Technologies   2.30   
76.0%
0%

Complementary Tools for CONMED Stock analysis

When running CONMED's price analysis, check to measure CONMED's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CONMED is operating at the current time. Most of CONMED's value examination focuses on studying past and present price action to predict the probability of CONMED's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CONMED's price. Additionally, you may evaluate how the addition of CONMED to your portfolios can decrease your overall portfolio volatility.
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