Financial Contrast: CONMED (NYSE:CNMD) & Precision Optics (OTCMKTS:PEYE)

Precision Optics (OTCMKTS:PEYEGet Rating) and CONMED (NYSE:CNMDGet Rating) are both medical companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, earnings, institutional ownership, profitability, dividends, valuation and risk.

Risk & Volatility

Precision Optics has a beta of 0.41, suggesting that its share price is 59% less volatile than the S&P 500. Comparatively, CONMED has a beta of 1.38, suggesting that its share price is 38% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings and recommmendations for Precision Optics and CONMED, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Precision Optics 0 0 0 0 N/A
CONMED 0 1 3 0 2.75

CONMED has a consensus target price of $130.40, suggesting a potential downside of 1.21%. Given CONMED’s higher possible upside, analysts clearly believe CONMED is more favorable than Precision Optics.

Valuation & Earnings

This table compares Precision Optics 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
Precision Optics $15.68 million 2.10 -$930,000.00 ($0.06) -32.50
CONMED $1.05 billion 3.86 -$80.58 million ($3.25) -40.62

Precision Optics has higher earnings, but lower revenue than CONMED. CONMED is trading at a lower price-to-earnings ratio than Precision Optics, indicating that it is currently the more affordable of the two stocks.

Profitability

This table compares Precision Optics and CONMED’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Precision Optics -5.93% -12.10% -6.41%
CONMED -8.53% 11.38% 3.66%

Summary

CONMED beats Precision Optics on 7 of the 11 factors compared between the two stocks.

About Precision Optics

(Get Rating)

Precision Optics Corporation, Inc. designs, develops, manufactures, and sells specialized optical and illumination systems and related components primarily in the United States and the European Economic Area. It offers medical instrumentation products, including endoscopes and endocouplers, as well as other custom imaging and illumination products, such as Microprecision lenses and micro medical cameras, and 3D endoscopes for use in minimally invasive surgical procedures by hospitals and physicians. The company also provides components and assemblies for industrial and military use. It markets its products to medical device companies. The company was incorporated in 1982 and is based in Gardner, Massachusetts.

About CONMED

(Get Rating)

CONMED Corporation, a medical technology company, develops, manufactures, and sells surgical devices and related equipment for surgical procedures worldwide. It offers orthopedic surgery products, including TruShot with Y-Knot All-In-One Soft Tissue Fixation System, Y-knot All-Suture Anchors, and Agro Knotless Suture Anchors, which provide unique clinical solutions to orthopedic surgeons for the repair of soft tissue injuries, as well as supporting products that enable surgeons to perform minimally invasive sports medicine surgeries. The company markets orthopedic surgery products under the Hall, CONMED Linvatec, Concept, and Shutt brands. It also offers general surgery products, such as clinical insufflation, smoke evacuation, electrosurgical, and endomechanical products; and endoscopic technologies, including therapeutic and diagnostic products for use in gastroenterology procedures, and products for the treatment of diseases of the dilatation, hemostasis, biliary, structure management, and infection prevention and patient monitoring, including ECG and EEG electrodes, and cardiac defibrillation pads. The company markets its products directly to hospitals, surgery centers, and other healthcare institutions, as well as through medical specialty distributors. CONMED Corporation was incorporated in 1970 and is headquartered in Largo, Florida.

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