Head to Head Analysis: CONMED (NASDAQ:CNMD) & Magna-Lab (NASDAQ:MAGAA)

Magna-Lab (OTCMKTS:MAGAA) and CONMED (NASDAQ:CNMD) are both medical companies, but which is the better investment? We will contrast the two companies based on the strength of their dividends, institutional ownership, earnings, valuation, profitability, analyst recommendations and risk.

Analyst Recommendations

This is a breakdown of current ratings and recommmendations for Magna-Lab and CONMED, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Magna-Lab 0 0 0 0 N/A
CONMED 0 1 3 0 2.75

CONMED has a consensus target price of $94.75, suggesting a potential upside of 0.67%. Given CONMED’s higher possible upside, analysts plainly believe CONMED is more favorable than Magna-Lab.

Institutional and Insider Ownership

96.8% of CONMED shares are owned by institutional investors. 15.3% of Magna-Lab shares are owned by company insiders. Comparatively, 4.4% of CONMED shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Magna-Lab and CONMED’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Magna-Lab N/A N/A -3,388.24%
CONMED 3.13% 9.95% 4.31%

Valuation and Earnings

This table compares Magna-Lab and CONMED’s top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Magna-Lab N/A N/A -$150,000.00 N/A N/A
CONMED $859.63 million 3.10 $40.85 million $2.18 43.17

CONMED has higher revenue and earnings than Magna-Lab.

Dividends

CONMED pays an annual dividend of $0.80 per share and has a dividend yield of 0.8%. Magna-Lab does not pay a dividend. CONMED pays out 36.7% of its earnings in the form of a dividend.

Risk & Volatility

Magna-Lab has a beta of 8.67, suggesting that its stock price is 767% more volatile than the S&P 500. Comparatively, CONMED has a beta of 0.59, suggesting that its stock price is 41% less volatile than the S&P 500.

Summary

CONMED beats Magna-Lab on 9 of the 12 factors compared between the two stocks.

Magna-Lab Company Profile

Magna-Lab, Inc. is a shell company, which intends to identify and merge with an operating company. The company was founded by Lawrence A. Minkoff on February 22, 1991 and is headquartered in Syosset, NY.

CONMED Company Profile

CONMED Corporation, a medical technology company, develops, manufactures, and sells surgical devices and related equipment for minimally invasive procedures worldwide. The company offers orthopedic surgery products, including sports medicine products comprising powered resection instruments, arthroscopes, reconstructive systems, tissue repair sets, and metal and bioabsorbable implants, as well as related disposable products and fluid management systems; powered surgical instruments for use in bone orthopedic, arthroscopic, oral/maxillofacial, podiatric, plastic, ENT, neurological, spinal, and cardiothoracic surgeries; sports biologics and tissue products; and surgical visualization products. It offers orthopedic surgery products under Hall, CONMED Linvatec, Concept, and Shutt brands. The company also offers general surgery product in the areas of advanced surgical comprising clinical insufflation system; electrosurgical products; endomechanical products comprising instruments, such as tissue retrieval bags, trocars, suction irrigation devices, graspers, scissors, and dissectors; and VCARE uterine manipulator for enhancing the efficiency of laparoscopic hysterectomies and other gynecologic laparoscopic procedures. In addition, it offers endoscopic technologies offering, including diagnostic and therapeutic products for use in gastroenterology procedures; cardiology and critical care products cover a line of vital signs, cardiac monitoring, and patient care products, including ECG electrodes and accessories, cardiac defibrillation and pacing pads, and suction instruments and tubing; and physician's office electrosurgical product used by dermatologists. The company markets its products directly to surgeons, hospitals, surgery centers, group purchasing organizations, integrated delivery networks, and other customers, as well as through medical specialty distributors. CONMED Corporation was founded in 1970 and is headquartered in Utica, New York.

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