Conmed Corp
Conmed Corp operates in the Health Care Equipment & Supplies industry, generating revenue through the sale of medical devices and related services.
Business. Conmed Corp (NYSE: CNMD) is a health care equipment and supplies company that operates within the medical device industry. The firm generates revenue primarily through the sale of products, including capital equipment and consumables. Specific details regarding its operating segments and geographic mix are not provided in the available data. The company is headquartered in the United States and is listed on the New York Stock Exchange.
At a glance
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- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Conmed Corp (CNMD.K) has entered the monitoring scope for the first time, establishing a baseline for future analysis with no prior data available for delta computation. This initial snapshot reveals a company structure characterized by a single reported officer and a shareholder base comprising 32 top holders, providing the foundational context for understanding recent ownership dynamics. The most material development involves significant activity among institutional investors, highlighted by a major modification in holdings by investor ID 587. Data detected in early July 2026 indicates a substantial shift in this investor's position as of March 31, 2026, with share counts fluctuating between 128 and 2,957 shares. This volatility in a major holder's position underscores active management of the stake during the reported period. In addition to the major holder adjustments, several notable new positions were added to the registry, all dated as of March 31, 2026, and detected in late June 2026. Investor ID 467 established a significant new holding of 16,543,000 shares, valued at approximately $16.12 million, representing a weight of roughly 0.00056%. Other new entrants include Investor ID 500 with 958,000 shares and Investor ID 486 with 209,000 shares, indicating broadened interest from multiple parties. These ownership changes matter as they reshape the shareholder landscape for Conmed Corp, introducing new capital and altering the concentration of stakes among top holders. With no analyst coverage or index membership currently recorded, these holder movements provide the primary signal of market sentiment and institutional engagement for the ticker. The combination of a major holder's position adjustment and the entry of new significant shareholders suggests a period of active repositioning within the company's investor base.
Signals & dispatch
Composite-score breakdown
Synthesis
Conmed Corp (NYSE: CNMD) is a health care equipment and supplies company that operates within the medical device industry. The firm generates revenue primarily through the sale of products, including capital equipment and consumables. Specific details regarding its operating segments and geographic mix are not provided in the available data. The company is headquartered in the United States and is listed on the New York Stock Exchange.
Conmed Corp maintains a conservative capital structure with a debt-to-equity ratio of 0.0, indicating no reported interest-bearing debt relative to equity. The company holds total assets of $2.33 billion against total liabilities of $1.29 billion, resulting in total equity of $1.03 billion. Operating cash flow stands at $170.7 million, significantly exceeding capital expenditures of $19.8 million, suggesting strong internal cash generation capabilities. However, liquidity risk remains unassessed due to missing balance-sheet inputs for current ratio calculations, though the absence of going-concern language suggests operational stability.
Profitability metrics indicate modest returns, with a return on equity (ROE) of 4.55% and a return on assets (ROA) of 2.02%. The company generated $1.37 billion in revenue, yielding a gross profit of $750.5 million and an operating income of $102.6 million. Net income was recorded at $47.1 million, reflecting a net margin of approximately 3.4%. Without cohort median data for direct comparison, these returns appear consistent with a mature, capital-light medical device business, though the low ROE suggests limited leverage or high equity base relative to earnings.
The company’s operational footprint includes multiple international subsidiaries, indicating a global revenue mix. Disclosed subsidiaries include CONMED Korea Ltd, Linvatec Nederland B.V, Linvatec Polska Sp. z.o.o, Linvatec Conmed Sweden AB, Palmerton Holdings, Inc, SurgiQuest, Inc, Viking Systems, Inc, and Linvatec India Private Limited. This structure suggests exposure to both North American and European/Asian markets, though specific revenue concentration by geography or segment is not provided in the available data.
Growth trajectory analysis is limited by the absence of historical period data. The current financial snapshot provides a single-period view of revenue and profitability, preventing year-over-year or quarter-over-quarter trend analysis. The company’s ability to sustain or grow its $1.37 billion revenue base remains unquantified in the provided inputs.
Risk assessment highlights low dilution risk, with basic and diluted shares outstanding both at 31.15 million, indicating no significant share-based compensation expense or recent equity issuances impacting share count. The primary flagged risk is the inability to assess liquidity due to missing balance-sheet inputs, which limits the evaluation of short-term solvency. No other key flags or regulatory risks are explicitly detailed in the available data.
Recent observations include reconciler events indicating zero analysis jobs for Conmed Corp, suggesting a lack of recent analyst coverage or data updates in the system. No significant news events, filing observations, or management signals are present in the provided data to inform recent corporate developments or strategic shifts.
Conmed Corp (CNMD.K) has entered the monitoring scope for the first time, establishing a baseline for future analysis with no prior data available for delta computation. This initial snapshot reveals a company structure characterized by a single reported officer and a shareholder base comprising 32 top holders, providing the foundational context for understanding recent ownership dynamics. The most material development involves significant activity among institutional investors, highlighted by a major modification in holdings by investor ID 587. Data detected in early July 2026 indicates a substantial shift in this investor's position as of March 31, 2026, with share counts fluctuating between 128 and 2,957 shares. This volatility in a major holder's position underscores active management of the stake during the reported period. In addition to the major holder adjustments, several notable new positions were added to the registry, all dated as of March 31, 2026, and detected in late June 2026. Investor ID 467 established a significant new holding of 16,543,000 shares, valued at approximately $16.12 million, representing a weight of roughly 0.00056%. Other new entrants include Investor ID 500 with 958,000 shares and Investor ID 486 with 209,000 shares, indicating broadened interest from multiple parties. These ownership changes matter as they reshape the shareholder landscape for Conmed Corp, introducing new capital and altering the concentration of stakes among top holders. With no analyst coverage or index membership currently recorded, these holder movements provide the primary signal of market sentiment and institutional engagement for the ticker. The combination of a major holder's position adjustment and the entry of new significant shareholders suggests a period of active repositioning within the company's investor base.
- Debt-free capital structure with $0 debt-to-equity ratio and strong operating cash flow of $170.7M.
- Modest profitability with 4.55% ROE and 2.02% ROA on $1.37B revenue.
- Global operational presence with subsidiaries in Korea, Netherlands, Poland, Sweden, India, and the US.
- Low dilution risk with no difference between basic and diluted shares outstanding.
- Liquidity risk unassessed due to missing current ratio data.
- No historical growth data available to evaluate revenue trends.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 4,34 |
| Revenue | —no estimate | —no estimate | 1,4B USD |
| Operating income | —no estimate | —no estimate | 204,6M USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Derivative transactions
- Executive Vice President & CFO · RSUs (Restricted Stock Units) → Common StockAcquired 35 054grant · 2026-07-15
- Executive Vice President & CFO · RSUs (Restricted Stock Units) → Common StockAcquired 26 875grant · 2026-07-15
- Executive Vice President & CFO · Options To Purchase Common Stock → Common StockAcquired 30 536 @ $42,79grant · 2026-07-15
- Director · RSUs (Restricted Stock Units) → Common StockAcquired 5 603grant · 2026-07-01
- Director · RSUs (Restricted Stock Units) → Common StockAcquired 5 603grant · 2026-07-01
- Director · RSUs (Restricted Stock Units) → Common StockDisposed 668exercise · 2026-06-02
- Director · RSUs (Restricted Stock Units) → Common StockDisposed 668exercise · 2026-06-02
- Director · RSUs (Restricted Stock Units) → Common StockDisposed 668exercise · 2026-06-02
- Director · RSUs (Restricted Stock Units) → Common StockDisposed 668exercise · 2026-06-02
- Director · RSUs (Restricted Stock Units) → Common StockDisposed 668exercise · 2026-06-02
- Director · RSUs (Restricted Stock Units) → Common StockAcquired 5 772grant · 2026-06-01
- Director · RSUs (Restricted Stock Units) → Common StockAcquired 5 772grant · 2026-06-01
- Director · RSUs (Restricted Stock Units) → Common StockAcquired 5 772grant · 2026-06-01
- Director · RSUs (Restricted Stock Units) → Common StockAcquired 5 772grant · 2026-06-01
- Director · RSUs (Restricted Stock Units) → Common StockAcquired 5 772grant · 2026-06-01
- Director · RSUs (Restricted Stock Units) → Common StockAcquired 5 772grant · 2026-06-01
- President & CEO · RSUs (Restricted Stock Units) → Common StockAcquired 28 145grant · 2026-04-01
- Executive VP RA, QA · RSUs (Restricted Stock Units) → Common StockDisposed 75exercise · 2026-03-06
- Treasurer and VP, Tax · RSUs (Restricted Stock Units) → Common StockAcquired 5 896grant · 2026-03-02
- VP GM Advanced Surgical · Options To Purchase Common Stock → Common StockAcquired 11 646 @ $45,79grant · 2026-03-02
- VP GM Advanced Surgical · RSUs (Restricted Stock Units) → Common StockAcquired 9 827grant · 2026-03-02
- Executive Vice President - HR · Options To Purchase Common Stock → Common StockAcquired 10 999 @ $45,79grant · 2026-03-02
- Executive Vice President - HR · RSUs (Restricted Stock Units) → Common StockAcquired 9 282grant · 2026-03-02
- VP Corporate Controller · RSUs (Restricted Stock Units) → Common StockAcquired 5 896grant · 2026-03-02
- President & CEO · Options To Purchase Common Stock → Common StockAcquired 68 258 @ $45,79grant · 2026-03-02
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Return On Equitynet_income / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Return On Assetsnet_income / total_assets
- Capex To Revenuecapital_expenditure / revenue
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- CONMED CORPORATION Market data — financials · 2026-07-28
- reconciler_enqueue (reconciler) on CNMD.K · 2026-07-28
- Conmed Corp HA canonical relationships · 2026-07-28
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,01 %$49M
- Investment Managers · as of 2026-03-310,01 %$15M
- Investment Managers · as of 2026-03-310,01 %$33M
- Investment Managers · as of 2026-03-310,00 %$7M
- Institutional Investor · as of 2026-03-310,00 %$16M
- Institutional Investor · as of 2026-03-310,00 %$6M
- Investment Managers · as of 2026-03-310,00 %$17M
- Investment Managers · as of 2025-12-310,00 %$150M
- Investment Managers · as of 2026-03-310,00 %$3M
- Institutional Investor · as of 2026-03-310,00 %$10M
- Investment Managers · as of 2026-03-310,00 %$26M
- Investment Managers · as of 2024-12-310,00 %$6M
- Investment Managers · as of 2026-03-310,00 %$12M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$2M
- Investment Managers · as of 2026-03-310,00 %$3M
- Brokerage Firms · as of 2026-03-310,00 %$3M
- Funds · as of 2026-03-310,00 %$6M
- Investment Managers · as of 2026-03-310,00 %$3M
- Investment Managers · as of 2026-03-310,00 %$16M
- Institutional Investor · as of 2022-09-300,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$1M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2024-06-300,00 %$6M
- Investment Managers · as of 2026-03-310,00 %$1M
- Brokerage Firms · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Leadership
- Patrick J. BeyerPresident, Chief Executive Officer, Director
Insider activity
- Director · Common StockOther 668 · 2026-06-02
- Director · Common StockOther 668 · 2026-06-02
- Director · Common StockOther 668 · 2026-06-02
- Director · Common StockOther 668 · 2026-06-02
- Director · Common StockOther 668 · 2026-06-02
- Executive VP RA, QA · Common StockOther 75 · 2026-03-06
- Executive VP RA, QA · Common StockOther 26 @ $39,90$1K · 2026-03-06
- Director · Common StockOther 152 · 2026-02-24
- Executive VP RA, QA · Common StockOther 32 @ $40,60$1K · 2025-12-31
- Chief Information Officer · Common StockSold 257 @ $41,21$11K · 2025-11-21
- Chief Information Officer · Common StockOther 375 · 2025-11-20
- Chief Information Officer · Common StockOther 118 @ $40,63$5K · 2025-11-20
- Executive Vice President & CFO · Common StockSold 3 500 @ $43,00$150K · 2025-11-06
- General Counsel & Corp Sec · Common StockOther 4 000 · 2025-11-04
- General Counsel & Corp Sec · Common StockOther 1 114 @ $45,71$51K · 2025-11-04
- Executive Vice President & CFO · Common StockOther 7 500 · 2025-10-31
- Executive Vice President & CFO · Common StockOther 2 164 @ $44,00$95K · 2025-10-31
- Director · Common StockSold 897 @ $53,51$48K · 2025-09-12
- Director · Common StockSold 1 103 @ $53,53$59K · 2025-09-12
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Shareholders' equity (annual): USD 1.03BUnknown
- Capex (annual): USD 19.81MUnknown
- Gross profit (annual): USD 750.48MUnknown
- Total assets (annual): USD 2.33BUnknown
- Current assets (annual): USD 672.86MUnknown
- Revenue (annual): USD 1.37BUnknown
- Operating cash flow (annual): USD 170.69MUnknown
- Total operating expenses (annual): USD 647.85MUnknown
- EPS (basic) (annual): USD-PER-SHARES 2Unknown
- Operating income (annual): USD 102.62MUnknown
- Pre-tax income (annual): USD 71.12MUnknown
- Cost of revenue (annual): USD 624.25MUnknown
- Net income (annual): USD 47.1MUnknown
- Interest expense (annual): USD 31.09MUnknown
- EPS (diluted) (annual): USD-PER-SHARES 2Unknown
- Current liabilities (annual): USD 315.04MUnknown
- R&D expense (annual): USD 55.88MUnknown
- Total liabilities (annual): USD 1.29BUnknown
- Cost of revenue (annual): USD 573.98MUnknown
- EPS (basic) (annual): USD-PER-SHARES 4Unknown
- EPS (diluted) (annual): USD-PER-SHARES 4Unknown
- Gross profit (annual): USD 733.03MUnknown
- Operating cash flow (annual): USD 166.97MUnknown
- Shareholders' equity (annual): USD 962.68MUnknown