CONMED Corp. (CNMD) Set to Announce Quarterly Earnings on Thursday
CONMED Corp. (NASDAQ:CNMD) will issue its Q313 quarterly earnings data on Thursday, October 24th. Analysts expect the company to announce earnings of $0.40 per share and revenue of $186.20 million for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Shares of CONMED Corp. (NASDAQ:CNMD) opened at 37.19 on Wednesday. CONMED Corp. has a one year low of $25.39 and a one year high of $34.86. The stock has a 50-day moving average of $32.35 and a 200-day moving average of $32.38. The company has a market cap of $1.022 billion and a P/E ratio of 26.56.
Several analysts have recently commented on the stock. Analysts at Needham & Company initiated coverage on shares of CONMED Corp. in a research note to investors on Wednesday, September 4th. They set a “buy” rating and a $37.00 price target on the stock. On the ratings front, analysts at Piper Jaffray Cos. raised their price target on shares of CONMED Corp. from $34.00 to $36.00 in a research note to investors on Thursday, July 25th. They now have a “neutral” rating on the stock. Finally, analysts at Ladenburg Thalmann raised their price target on shares of CONMED Corp. from $36.25 to $42.00 in a research note to investors on Thursday, July 25th. They now have a “buy” rating on the stock. They noted that the move was a valuation call.
CONMED Corporation (NASDAQ:CNMD) is a medical technology company/ The Company emphasizes on surgical devices and equipment for minimally invasive procedures and monitoring.
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