CNMD
Price
$64.02
Change
+$2.21 (+3.58%)
Updated
Oct 11 closing price
17 days until earnings call
IDXX
Price
$476.27
Change
+$2.99 (+0.63%)
Updated
Oct 11 closing price
18 days until earnings call
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CNMD vs IDXX

Header iconCNMD vs IDXX Comparison
Open Charts CNMD vs IDXXBanner chart's image
CONMED
Price$64.02
Change+$2.21 (+3.58%)
Volume$368.79K
CapitalizationN/A
IDEXX Laboratories
Price$476.27
Change+$2.99 (+0.63%)
Volume$490.77K
CapitalizationN/A
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CNMD vs IDXX Comparison Chart
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CNMD
Daily Signalchanged days ago
Gain/Loss if shorted
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IDXX
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
CNMD vs. IDXX commentary
Oct 13, 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 CNMD is a Sell and IDXX is a StrongSell.

COMPARISON
Comparison
Oct 13, 2024
Stock price -- (CNMD: $64.02 vs. IDXX: $476.27)
Brand notoriety: CNMD and IDXX are both not notable
Both companies represent the Medical Specialties industry
Current volume relative to the 65-day Moving Average: CNMD: 98% vs. IDXX: 126%
Market capitalization -- CNMD: $2.43B vs. IDXX: $44.84B
CNMD [@Medical Specialties] is valued at $2.43B. IDXX’s [@Medical Specialties] market capitalization is $44.84B. 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 $7.89B.

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).

CNMD’s FA Score shows that 1 FA rating(s) are green whileIDXX’s FA Score has 1 green FA rating(s).

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

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.

CNMD’s TA Score shows that 4 TA indicator(s) are bullish while IDXX’s TA Score has 3 bullish TA indicator(s).

  • CNMD’s TA Score: 4 bullish, 6 bearish.
  • IDXX’s TA Score: 3 bullish, 6 bearish.
According to our system of comparison, CNMD is a better buy in the short-term than IDXX.

Price Growth

CNMD (@Medical Specialties) experienced а -3.86% price change this week, while IDXX (@Medical Specialties) price change was -0.29% for the same time period.

The average weekly price growth across all stocks in the @Medical Specialties industry was -2.01%. For the same industry, the average monthly price growth was +3.93%, and the average quarterly price growth was -2.96%.

Reported Earning Dates

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

IDXX is expected to report earnings on Feb 10, 2025.

Industries' Descriptions

@Medical Specialties (-2.01% 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
IDXX($44.8B) has a higher market cap than CNMD($2.43B). IDXX has higher P/E ratio than CNMD: IDXX (52.87) vs CNMD (38.71). IDXX YTD gains are higher at: -14.193 vs. CNMD (-41.085). IDXX has higher annual earnings (EBITDA): 1.22B vs. CNMD (192M). IDXX has more cash in the bank: 454M vs. CNMD (24.3M). CNMD has less debt than IDXX: CNMD (974M) vs IDXX (1.07B). IDXX has higher revenues than CNMD: IDXX (3.66B) vs CNMD (1.25B).
CNMDIDXXCNMD / IDXX
Capitalization2.43B44.8B5%
EBITDA192M1.22B16%
Gain YTD-41.085-14.193289%
P/E Ratio38.7152.8773%
Revenue1.25B3.66B34%
Total Cash24.3M454M5%
Total Debt974M1.07B91%
FUNDAMENTALS RATINGS
CNMD vs IDXX: Fundamental Ratings
CNMD
IDXX
OUTLOOK RATING
1..100
5361
VALUATION
overvalued / fair valued / undervalued
1..100
12
Undervalued
86
Overvalued
PROFIT vs RISK RATING
1..100
10053
SMR RATING
1..100
6417
PRICE GROWTH RATING
1..100
8058
P/E GROWTH RATING
1..100
8859
SEASONALITY SCORE
1..100
9550

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 significantly better than the same rating for IDXX (86). This means that CNMD’s stock grew significantly faster than IDXX’s over the last 12 months.

IDXX's Profit vs Risk Rating (53) in the Medical Specialties industry is somewhat better than the same rating for CNMD (100). This means that IDXX’s stock grew somewhat faster than CNMD’s over the last 12 months.

IDXX's SMR Rating (17) in the Medical Specialties industry is somewhat better than the same rating for CNMD (64). This means that IDXX’s stock grew somewhat faster than CNMD’s over the last 12 months.

IDXX's Price Growth Rating (58) in the Medical Specialties industry is in the same range as CNMD (80). This means that IDXX’s stock grew similarly to CNMD’s over the last 12 months.

IDXX's P/E Growth Rating (59) in the Medical Specialties industry is in the same range as CNMD (88). This means that IDXX’s stock grew similarly to CNMD’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CNMDIDXX
RSI
ODDS (%)
Bullish Trend 3 days ago
72%
Bearish Trend 3 days ago
75%
Stochastic
ODDS (%)
Bullish Trend 3 days ago
72%
Bullish Trend 3 days ago
67%
Momentum
ODDS (%)
Bearish Trend 3 days ago
70%
Bearish Trend 3 days ago
63%
MACD
ODDS (%)
Bearish Trend 3 days ago
67%
Bearish Trend 3 days ago
86%
TrendWeek
ODDS (%)
Bearish Trend 3 days ago
73%
Bearish Trend 3 days ago
67%
TrendMonth
ODDS (%)
Bearish Trend 3 days ago
72%
Bearish Trend 3 days ago
68%
Advances
ODDS (%)
Bullish Trend 17 days ago
74%
Bullish Trend 17 days ago
70%
Declines
ODDS (%)
Bearish Trend 4 days ago
75%
Bearish Trend 4 days ago
69%
BollingerBands
ODDS (%)
Bullish Trend 3 days ago
79%
Bullish Trend 3 days ago
69%
Aroon
ODDS (%)
Bearish Trend 3 days ago
80%
N/A
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CNMD
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
IDXX
Daily Signalchanged days ago
Gain/Loss if shorted
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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%
+3.58%
MYGN - CNMD
45%
Loosely correlated
+4.38%
ANGO - CNMD
38%
Loosely correlated
+4.23%
ATRC - CNMD
38%
Loosely correlated
+2.92%
XRAY - CNMD
38%
Loosely correlated
+0.37%
FLGT - CNMD
38%
Loosely correlated
-0.75%
More

IDXX and

Correlation & Price change

A.I.dvisor indicates that over the last year, IDXX has been loosely correlated with NEOG. These tickers have moved in lockstep 54% of the time. This A.I.-generated data suggests there is some statistical probability that if IDXX jumps, then NEOG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To IDXX
1D Price
Change %
IDXX100%
+0.63%
NEOG - IDXX
54%
Loosely correlated
+4.64%
TMO - IDXX
48%
Loosely correlated
+0.53%
MYGN - IDXX
48%
Loosely correlated
+4.38%
WAT - IDXX
45%
Loosely correlated
+1.51%
ISRG - IDXX
44%
Loosely correlated
+0.19%
More