ATRC
Price
$30.75
Change
+$0.70 (+2.33%)
Updated
Dec 20, 04:59 PM (EDT)
66 days until earnings call
CNMD
Price
$68.65
Change
-$1.35 (-1.93%)
Updated
Dec 20, 04:59 PM (EDT)
40 days until earnings call
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ATRC vs CNMD

Header iconATRC vs CNMD Comparison
Open Charts ATRC vs CNMDBanner chart's image
AtriCure
Price$30.75
Change+$0.70 (+2.33%)
Volume$10.25K
CapitalizationN/A
CONMED
Price$68.65
Change-$1.35 (-1.93%)
Volume$6.74K
CapitalizationN/A
ATRC vs CNMD Comparison Chart
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ATRC
Daily Signalchanged days ago
Gain/Loss if bought
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CNMD
Daily Signalchanged days ago
Gain/Loss if bought
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ATRC vs. CNMD commentary
Dec 21, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ATRC is a Hold and CNMD is a Hold.

COMPARISON
Comparison
Dec 21, 2024
Stock price -- (ATRC: $30.73 vs. CNMD: $68.63)
Brand notoriety: ATRC and CNMD are both not notable
Both companies represent the Medical Specialties industry
Current volume relative to the 65-day Moving Average: ATRC: 123% vs. CNMD: 312%
Market capitalization -- ATRC: $1.45B vs. CNMD: $2.43B
ATRC [@Medical Specialties] is valued at $1.45B. CNMD’s [@Medical Specialties] market capitalization is $2.43B. The market cap for tickers in the [@Medical Specialties] industry ranges from $3.82T to $0. The average market capitalization across the [@Medical Specialties] industry is $8.04B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

ATRC’s FA Score shows that 0 FA rating(s) are green whileCNMD’s FA Score has 1 green FA rating(s).

  • ATRC’s FA Score: 0 green, 5 red.
  • CNMD’s FA Score: 1 green, 4 red.
According to our system of comparison, CNMD is a better buy in the long-term than ATRC.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

ATRC’s TA Score shows that 4 TA indicator(s) are bullish while CNMD’s TA Score has 4 bullish TA indicator(s).

  • ATRC’s TA Score: 4 bullish, 6 bearish.
  • CNMD’s TA Score: 4 bullish, 5 bearish.
According to our system of comparison, CNMD is a better buy in the short-term than ATRC.

Price Growth

ATRC (@Medical Specialties) experienced а -2.97% price change this week, while CNMD (@Medical Specialties) price change was -5.13% for the same time period.

The average weekly price growth across all stocks in the @Medical Specialties industry was -1.51%. For the same industry, the average monthly price growth was +1.92%, and the average quarterly price growth was +0.64%.

Reported Earning Dates

ATRC is expected to report earnings on Feb 25, 2025.

CNMD is expected to report earnings on Jan 30, 2025.

Industries' Descriptions

@Medical Specialties (-1.51% weekly)

Medical specialties are companies that make equipment used by the health care industry. Equipment manufactured and distributed by these companies include dialysis machines, blood analysis equipment, surgical equipment, dental instruments, and diagnostic tools, among other items. Large companies typically aim to produce and distribute high-quality products across a broad market spectrum. Smaller firms are more likely to specialize in a particular market segment. Due to the industry’s close association with medical treatments, they typically have low sensitivity to macroeconomic fluctuations. Within this industry, Abbott Laboratories, Medtronic Plc and Thermo Fisher Scientific Inc. are some of the companies with multi-billion market capitalizations in the U.S. stock markets.

SUMMARIES
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FUNDAMENTALS
Fundamentals
CNMD($2.43B) has a higher market cap than ATRC($1.45B). CNMD has higher P/E ratio than ATRC: CNMD (38.71) vs ATRC (36.76). ATRC YTD gains are higher at: -13.897 vs. CNMD (-36.662). CNMD has higher annual earnings (EBITDA): 192M vs. ATRC (-8.11M). ATRC has more cash in the bank: 137M vs. CNMD (24.3M). ATRC has less debt than CNMD: ATRC (74.5M) vs CNMD (974M). CNMD has higher revenues than ATRC: CNMD (1.25B) vs ATRC (399M).
ATRCCNMDATRC / CNMD
Capitalization1.45B2.43B60%
EBITDA-8.11M192M-4%
Gain YTD-13.897-36.66238%
P/E Ratio36.7638.7195%
Revenue399M1.25B32%
Total Cash137M24.3M564%
Total Debt74.5M974M8%
FUNDAMENTALS RATINGS
ATRC vs CNMD: Fundamental Ratings
ATRC
CNMD
OUTLOOK RATING
1..100
5954
VALUATION
overvalued / fair valued / undervalued
1..100
68
Overvalued
12
Undervalued
PROFIT vs RISK RATING
1..100
97100
SMR RATING
1..100
9155
PRICE GROWTH RATING
1..100
5760
P/E GROWTH RATING
1..100
9797
SEASONALITY SCORE
1..100
50n/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

CNMD's Valuation (12) in the Medical Specialties industry is somewhat better than the same rating for ATRC (68). This means that CNMD’s stock grew somewhat faster than ATRC’s over the last 12 months.

ATRC's Profit vs Risk Rating (97) in the Medical Specialties industry is in the same range as CNMD (100). This means that ATRC’s stock grew similarly to CNMD’s over the last 12 months.

CNMD's SMR Rating (55) in the Medical Specialties industry is somewhat better than the same rating for ATRC (91). This means that CNMD’s stock grew somewhat faster than ATRC’s over the last 12 months.

ATRC's Price Growth Rating (57) in the Medical Specialties industry is in the same range as CNMD (60). This means that ATRC’s stock grew similarly to CNMD’s over the last 12 months.

ATRC's P/E Growth Rating (97) in the Medical Specialties industry is in the same range as CNMD (97). This means that ATRC’s stock grew similarly to CNMD’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
ATRCCNMD
RSI
ODDS (%)
Bullish Trend 1 day ago
70%
Bearish Trend 5 days ago
72%
Stochastic
ODDS (%)
Bullish Trend 1 day ago
78%
Bullish Trend 1 day ago
76%
Momentum
ODDS (%)
Bearish Trend 1 day ago
81%
Bearish Trend 1 day ago
71%
MACD
ODDS (%)
Bearish Trend 4 days ago
73%
Bearish Trend 1 day ago
65%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
82%
Bearish Trend 1 day ago
75%
TrendMonth
ODDS (%)
Bearish Trend 1 day ago
80%
Bearish Trend 1 day ago
72%
Advances
ODDS (%)
Bullish Trend 27 days ago
76%
Bullish Trend 12 days ago
74%
Declines
ODDS (%)
Bearish Trend 3 days ago
84%
Bearish Trend 4 days ago
77%
BollingerBands
ODDS (%)
Bullish Trend 1 day ago
82%
Bullish Trend 1 day ago
73%
Aroon
ODDS (%)
Bearish Trend 1 day ago
81%
Bullish Trend 1 day ago
71%
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ATRC
Daily Signalchanged days ago
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CNMD
Daily Signalchanged days ago
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ATRC and

Correlation & Price change

A.I.dvisor indicates that over the last year, ATRC has been loosely correlated with NVST. These tickers have moved in lockstep 38% of the time. This A.I.-generated data suggests there is some statistical probability that if ATRC jumps, then NVST could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ATRC
1D Price
Change %
ATRC100%
+2.26%
NVST - ATRC
38%
Loosely correlated
+3.72%
BNGO - ATRC
37%
Loosely correlated
+0.40%
NEOG - ATRC
37%
Loosely correlated
+0.17%
ICUI - ATRC
36%
Loosely correlated
+2.44%
RVTY - ATRC
36%
Loosely correlated
+1.83%
More

CNMD and

Correlation & Price change

A.I.dvisor indicates that over the last year, CNMD has been loosely correlated with MYGN. These tickers have moved in lockstep 45% of the time. This A.I.-generated data suggests there is some statistical probability that if CNMD jumps, then MYGN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CNMD
1D Price
Change %
CNMD100%
-1.68%
MYGN - CNMD
45%
Loosely correlated
+1.44%
FLGT - CNMD
40%
Loosely correlated
-2.19%
NVST - CNMD
35%
Loosely correlated
+3.72%
LAB - CNMD
35%
Loosely correlated
+0.76%
INMD - CNMD
34%
Loosely correlated
-0.64%
More