Stanley Peters - CONMED President

CNMD Stock  USD 70.01  1.30  1.82%   

President

Mr. Stanley W. Peters, III is Vice President and General Manager Advanced Surgical of the Company. He joined the Company as Vice President and General Manager, U.S. Advanced Surgical in January 2015. Prior to joining the Company, Mr. Peters served as Director of Sales for Mako Surgical Corporation from 2012 to 2014. Mako was purchased by Stryker Corporation in December 2013. Prior to this, Mr. Peters served as an executive with EndoGastric Solutions from 2011 to 2012 and in sales leadership roles at Intuitive Surgical from 2009 to 2011. Prior to Intuitive Surgical, Mr. Peters was employed at Stryker Corporation in sales leadership from 2004 to 2009 since 2015.
Age 45
Tenure 9 years
Address 11311 Concept Boulevard, Largo, FL, United States, 33773-4908
Phone727 392 6464
Webhttps://www.conmed.com
Peters graduated from Ohio University with a B.B.A. degree in Finance.

CONMED Management Efficiency

The company has return on total asset (ROA) of 0.0347 % which means that it generated a profit of $0.0347 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0816 %, meaning that it created $0.0816 on every $100 dollars invested by stockholders. CONMED's management efficiency ratios could be used to measure how well CONMED manages its routine affairs as well as how well it operates its assets and liabilities. At present, CONMED's Return On Assets are projected to slightly decrease based on the last few years of reporting. At present, CONMED's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 83.5 M, whereas Net Tangible Assets are projected to grow to (642.7 M).
The company currently holds 991.25 M in liabilities with Debt to Equity (D/E) ratio of 1.45, which is about average as compared to similar companies. CONMED has a current ratio of 2.7, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist CONMED until it has trouble settling it off, either with new capital or with free cash flow. So, CONMED's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CONMED sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CONMED to invest in growth at high rates of return. When we think about CONMED's use of debt, we should always consider it together with cash and equity.
CONMED Corporation, a medical technology company, develops, manufactures, and sells surgical devices and related equipment for surgical procedures worldwide. CONMED Corporation was incorporated in 1970 and is headquartered in Largo, Florida. C O operates under Medical Devices classification in the United States and is traded on New York Stock Exchange. It employs 3800 people. CONMED (CNMD) is traded on New York Stock Exchange in USA. It is located in 11311 Concept Boulevard, Largo, FL, United States, 33773-4908 and employs 4,000 people. CONMED is listed under Health Care Equipment & Supplies category by Fama And French industry classification.

Management Performance

CONMED Leadership Team

Elected by the shareholders, the CONMED's board of directors comprises two types of representatives: CONMED inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CONMED. The board's role is to monitor CONMED's management team and ensure that shareholders' interests are well served. CONMED's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CONMED's outside directors are responsible for providing unbiased perspectives on the board's policies.
Patrick Beyer, President of CONMED International
John Ferrell, Executive Resources
Laverne Council, Independent Director
Todd Garner, Chief Financial Officer, Executive Vice President
David Murray, President Electrosurgery
Shanna Cottiosmanski, Executive Vice President - Information Technology & CIO
Nathan Folkert, Vice President General Manager - Orthopedics business
Brent Lalomia, Executive Affairs
John Workman, Independent Director
Charles Farkas, Independent Director
Barbara Schwarzentraub, Independent Director
Terence Berge, Vice President and Corporate Controller
Peter Shagory, Executive Vice President - Strategy and Corporate Development
Heather Cohen, Executive Vice President - Human Resources, Secretary
Mark Snyder, Executive Vice President - Operations & Business Systems
Stanley Peters, Vice President and General Manager - U.S. Advanced Surgical
Jerome Lande, Independent Director
Daniel Jonas, Executive Vice President - Legal Affairs, General Counsel, Secretary
Jo Golden, Independent Director
David Bronson, Independent Director
Brian Concannon, Independent Director
Johonna Pelletier, Treasurer and Vice President - Tax
Curt Hartman, Chairman of the Board, President, Chief Executive Officer
Wilfredo RuizCaban, Executive Vice President - Quality Assurance, Regulatory Affairs and Operations
Dirk Kuyper, Independent Director
Luke Pomilio, CFO, Principal Accounting Officer and Executive VP of Fin.
Stanley III, President Technologies
Sarah Oliker, Assistant General Counsel, Assistant Secretary
Daniel Esq, Special Secretary
Mark Tryniski, Independent Chairman of the Board
John Kennedy, Vice President and General Manager - U.S. Endoscopic Technologies
Gregory Jones, Executive VP of Quality Assurance and Regulatory Affairs
Martha Aronson, Lead Independent Director

CONMED Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CONMED a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with CONMED

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CONMED position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CONMED will appreciate offsetting losses from the drop in the long position's value.

Moving against CONMED Stock

  0.68AGTI Agiliti Financial Report 14th of May 2024 PairCorr
  0.67DSGN Design Therapeutics Financial Report 14th of May 2024 PairCorr
  0.63HQY HealthEquity Financial Report 3rd of June 2024 PairCorr
  0.62VKTX Viking Therapeutics Potential GrowthPairCorr
  0.6ELEV Elevation Oncology Earnings Call This WeekPairCorr
The ability to find closely correlated positions to CONMED could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CONMED when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CONMED - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CONMED to buy it.
The correlation of CONMED is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CONMED moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CONMED moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CONMED can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether CONMED is a strong investment it is important to analyze CONMED's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CONMED's future performance. For an informed investment choice regarding CONMED Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CONMED. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
For information on how to trade CONMED Stock refer to our How to Trade CONMED Stock guide.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for CONMED Stock analysis

When running CONMED's price analysis, check to measure CONMED's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CONMED is operating at the current time. Most of CONMED's value examination focuses on studying past and present price action to predict the probability of CONMED's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CONMED's price. Additionally, you may evaluate how the addition of CONMED to your portfolios can decrease your overall portfolio volatility.
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Portfolio Optimization
Compute new portfolio that will generate highest expected return given your specified tolerance for risk
CEOs Directory
Screen CEOs from public companies around the world
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Is CONMED's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CONMED. If investors know CONMED will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CONMED listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.213
Dividend Share
0.8
Earnings Share
2.04
Revenue Per Share
40.588
Quarterly Revenue Growth
0.304
The market value of CONMED is measured differently than its book value, which is the value of CONMED that is recorded on the company's balance sheet. Investors also form their own opinion of CONMED's value that differs from its market value or its book value, called intrinsic value, which is CONMED's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CONMED's market value can be influenced by many factors that don't directly affect CONMED's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CONMED's value and its price as these two are different measures arrived at by different means. Investors typically determine if CONMED is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CONMED's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.