CNMD
Price
$74.76
Change
+$0.86 (+1.16%)
Updated
Sep 27 closing price
24 days until earnings call
VCYT
Price
$33.77
Change
+$0.26 (+0.78%)
Updated
Sep 27 closing price
37 days until earnings call
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CNMD vs VCYT

Header iconCNMD vs VCYT Comparison
Open Charts CNMD vs VCYTBanner chart's image
CONMED
Price$74.76
Change+$0.86 (+1.16%)
Volume$329.65K
CapitalizationN/A
Veracyte
Price$33.77
Change+$0.26 (+0.78%)
Volume$1.54M
CapitalizationN/A
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CNMD vs VCYT Comparison Chart
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CNMD
Daily Signalchanged days ago
Gain/Loss if shorted
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VCYT
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
CNMD vs. VCYT commentary
Sep 29, 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 Hold and VCYT is a Hold.

COMPARISON
Comparison
Sep 29, 2024
Stock price -- (CNMD: $71.16 vs. VCYT: $30.29)
Brand notoriety: CNMD and VCYT are both not notable
Both companies represent the Medical Specialties industry
Current volume relative to the 65-day Moving Average: CNMD: 86% vs. VCYT: 84%
Market capitalization -- CNMD: $2.43B vs. VCYT: $1.66B
CNMD [@Medical Specialties] is valued at $2.43B. VCYT’s [@Medical Specialties] market capitalization is $1.66B. 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 $7.77B.

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

  • CNMD’s FA Score: 1 green, 4 red.
  • VCYT’s FA Score: 0 green, 5 red.
According to our system of comparison, VCYT 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 5 TA indicator(s) are bullish while VCYT’s TA Score has 5 bullish TA indicator(s).

  • CNMD’s TA Score: 5 bullish, 2 bearish.
  • VCYT’s TA Score: 5 bullish, 4 bearish.
According to our system of comparison, CNMD is a better buy in the short-term than VCYT.

Price Growth

CNMD (@Medical Specialties) experienced а -2.01% price change this week, while VCYT (@Medical Specialties) price change was -5.34% for the same time period.

The average weekly price growth across all stocks in the @Medical Specialties industry was -0.24%. For the same industry, the average monthly price growth was +3.13%, and the average quarterly price growth was +3.51%.

Reported Earning Dates

CNMD is expected to report earnings on Oct 23, 2024.

VCYT is expected to report earnings on Nov 05, 2024.

Industries' Descriptions

@Medical Specialties (-0.24% 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 VCYT($1.66B). VCYT YTD gains are higher at: 10.105 vs. CNMD (-34.868). CNMD has higher annual earnings (EBITDA): 192M vs. VCYT (-49.41M). VCYT has more cash in the bank: 216M vs. CNMD (24.3M). VCYT has less debt than CNMD: VCYT (12.6M) vs CNMD (974M). CNMD has higher revenues than VCYT: CNMD (1.25B) vs VCYT (361M).
CNMDVCYTCNMD / VCYT
Capitalization2.43B1.66B146%
EBITDA192M-49.41M-389%
Gain YTD-34.86810.105-345%
P/E Ratio38.71N/A-
Revenue1.25B361M345%
Total Cash24.3M216M11%
Total Debt974M12.6M7,730%
FUNDAMENTALS RATINGS
CNMD vs VCYT: Fundamental Ratings
CNMD
VCYT
OUTLOOK RATING
1..100
5224
VALUATION
overvalued / fair valued / undervalued
1..100
12
Undervalued
40
Fair valued
PROFIT vs RISK RATING
1..100
10090
SMR RATING
1..100
7892
PRICE GROWTH RATING
1..100
7936
P/E GROWTH RATING
1..100
89100
SEASONALITY SCORE
1..100
n/an/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 in the same range as VCYT (40) in the Biotechnology industry. This means that CNMD’s stock grew similarly to VCYT’s over the last 12 months.

VCYT's Profit vs Risk Rating (90) in the Biotechnology industry is in the same range as CNMD (100) in the Medical Specialties industry. This means that VCYT’s stock grew similarly to CNMD’s over the last 12 months.

CNMD's SMR Rating (78) in the Medical Specialties industry is in the same range as VCYT (92) in the Biotechnology industry. This means that CNMD’s stock grew similarly to VCYT’s over the last 12 months.

VCYT's Price Growth Rating (36) in the Biotechnology industry is somewhat better than the same rating for CNMD (79) in the Medical Specialties industry. This means that VCYT’s stock grew somewhat faster than CNMD’s over the last 12 months.

CNMD's P/E Growth Rating (89) in the Medical Specialties industry is in the same range as VCYT (100) in the Biotechnology industry. This means that CNMD’s stock grew similarly to VCYT’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
CNMDVCYT
RSI
ODDS (%)
N/A
Bearish Trend about 1 month ago
0%
Stochastic
ODDS (%)
Bullish Trend about 1 month ago
0%
Bearish Trend about 1 month ago
0%
Momentum
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
MACD
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
TrendWeek
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
TrendMonth
ODDS (%)
Bearish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
Advances
ODDS (%)
Bullish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
Declines
ODDS (%)
Bearish Trend about 2 months ago
0%
Bearish Trend about 2 months ago
0%
BollingerBands
ODDS (%)
Bullish Trend about 1 month ago
0%
Bearish Trend about 1 month ago
0%
Aroon
ODDS (%)
N/A
N/A
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CNMD
Daily Signalchanged days ago
Gain/Loss if shorted
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VCYT
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 ANGO. These tickers have moved in lockstep 40% of the time. This A.I.-generated data suggests there is some statistical probability that if CNMD jumps, then ANGO could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CNMD
1D Price
Change %
CNMD100%
-2.81%
ANGO - CNMD
40%
Loosely correlated
-1.88%
ZBH - CNMD
39%
Loosely correlated
+0.61%
ITGR - CNMD
39%
Loosely correlated
-2.46%
KIDS - CNMD
38%
Loosely correlated
-4.54%
VCYT - CNMD
38%
Loosely correlated
-3.99%
More

VCYT and

Correlation & Price change

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

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To VCYT
1D Price
Change %
VCYT100%
-3.99%
TWST - VCYT
51%
Loosely correlated
-5.27%
GH - VCYT
51%
Loosely correlated
-3.95%
BLFS - VCYT
50%
Loosely correlated
-5.60%
MASS - VCYT
48%
Loosely correlated
-5.82%
MYGN - VCYT
47%
Loosely correlated
-3.07%
More