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CNMD
Price
$74.91
Change
+$3.20 (+4.46%)
Updated
Nov 22 closing price
67 days until earnings call
NVST
Price
$21.48
Change
+$0.09 (+0.42%)
Updated
Nov 22 closing price
73 days until earnings call
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CNMD vs NVST

Header iconCNMD vs NVST Comparison
Open Charts CNMD vs NVSTBanner chart's image
CONMED
Price$74.91
Change+$3.20 (+4.46%)
Volume$418.78K
CapitalizationN/A
Envista Holdings
Price$21.48
Change+$0.09 (+0.42%)
Volume$1.72M
CapitalizationN/A
CNMD vs NVST Comparison Chart
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CNMD
Daily Signalchanged days ago
Gain/Loss if shorted
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NVST
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
CNMD vs. NVST commentary
Nov 25, 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 StrongBuy and NVST is a StrongBuy.

COMPARISON
Comparison
Nov 25, 2024
Stock price -- (CNMD: $74.91 vs. NVST: $21.48)
Brand notoriety: CNMD and NVST are both not notable
Both companies represent the Medical Specialties industry
Current volume relative to the 65-day Moving Average: CNMD: 100% vs. NVST: 84%
Market capitalization -- CNMD: $2.43B vs. NVST: $3.67B
CNMD [@Medical Specialties] is valued at $2.43B. NVST’s [@Medical Specialties] market capitalization is $3.67B. 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 $7.99B.

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 whileNVST’s FA Score has 0 green FA rating(s).

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

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 6 TA indicator(s) are bullish while NVST’s TA Score has 5 bullish TA indicator(s).

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

Price Growth

CNMD (@Medical Specialties) experienced а +3.70% price change this week, while NVST (@Medical Specialties) price change was +4.42% for the same time period.

The average weekly price growth across all stocks in the @Medical Specialties industry was +3.02%. For the same industry, the average monthly price growth was +0.79%, and the average quarterly price growth was -2.06%.

Reported Earning Dates

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

NVST is expected to report earnings on Feb 05, 2025.

Industries' Descriptions

@Medical Specialties (+3.02% 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
NVST($3.67B) has a higher market cap than CNMD($2.43B). CNMD has higher P/E ratio than NVST: CNMD (38.71) vs NVST (21.74). NVST YTD gains are higher at: -10.723 vs. CNMD (-31.064). CNMD has higher annual earnings (EBITDA): 192M vs. NVST (171M). NVST has more cash in the bank: 940M vs. CNMD (24.3M). CNMD has less debt than NVST: CNMD (974M) vs NVST (1.65B). NVST has higher revenues than CNMD: NVST (2.57B) vs CNMD (1.25B).
CNMDNVSTCNMD / NVST
Capitalization2.43B3.67B66%
EBITDA192M171M112%
Gain YTD-31.064-10.723290%
P/E Ratio38.7121.74178%
Revenue1.25B2.57B49%
Total Cash24.3M940M3%
Total Debt974M1.65B59%
FUNDAMENTALS RATINGS
CNMD: Fundamental Ratings
CNMD
OUTLOOK RATING
1..100
41
VALUATION
overvalued / fair valued / undervalued
1..100
13
Undervalued
PROFIT vs RISK RATING
1..100
100
SMR RATING
1..100
56
PRICE GROWTH RATING
1..100
49
P/E GROWTH RATING
1..100
99
SEASONALITY SCORE
1..100
75

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.

TECHNICAL ANALYSIS
Technical Analysis
CNMDNVST
RSI
ODDS (%)
Bearish Trend 3 days ago
72%
Bearish Trend 3 days ago
57%
Stochastic
ODDS (%)
Bullish Trend 3 days ago
74%
Bullish Trend 3 days ago
57%
Momentum
ODDS (%)
Bullish Trend 3 days ago
71%
Bullish Trend 3 days ago
64%
MACD
ODDS (%)
Bearish Trend 3 days ago
76%
Bearish Trend 3 days ago
67%
TrendWeek
ODDS (%)
Bullish Trend 3 days ago
72%
Bullish Trend 3 days ago
69%
TrendMonth
ODDS (%)
Bullish Trend 3 days ago
73%
Bullish Trend 3 days ago
72%
Advances
ODDS (%)
Bullish Trend 3 days ago
74%
Bullish Trend 3 days ago
67%
Declines
ODDS (%)
Bearish Trend 17 days ago
75%
Bearish Trend 11 days ago
69%
BollingerBands
ODDS (%)
Bearish Trend 3 days ago
81%
Bearish Trend 3 days ago
67%
Aroon
ODDS (%)
Bullish Trend 3 days ago
69%
N/A
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CNMD
Daily Signalchanged days ago
Gain/Loss if shorted
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NVST
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%
+4.46%
MYGN - CNMD
45%
Loosely correlated
+2.45%
FLGT - CNMD
39%
Loosely correlated
+5.43%
NVST - CNMD
36%
Loosely correlated
+0.42%
LAB - CNMD
35%
Loosely correlated
-1.23%
ATEC - CNMD
34%
Loosely correlated
-1.47%
More

NVST and

Correlation & Price change

A.I.dvisor indicates that over the last year, NVST has been loosely correlated with ALGN. These tickers have moved in lockstep 51% of the time. This A.I.-generated data suggests there is some statistical probability that if NVST jumps, then ALGN could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NVST
1D Price
Change %
NVST100%
+0.42%
ALGN - NVST
51%
Loosely correlated
-1.02%
FLGT - NVST
46%
Loosely correlated
+5.43%
VREX - NVST
43%
Loosely correlated
+0.79%
XRAY - NVST
42%
Loosely correlated
+0.70%
BIO - NVST
41%
Loosely correlated
+2.25%
More