Wall Street analysts expect CONMED Corporation (NASDAQ:CNMD) to report earnings per share of $0.43 for the current fiscal quarter. This number is based on the average estimate of the sell-side research firms that cover the stock. CONMED Corporation (NASDAQ:CNMD) most recently reported earnings per share of $0.42 on 2015–0-4-22 for the quarter ended 2015-03-31. This number was 0.01 away from what analysts had expected, a difference of 2.44%.
As a whole, brokerage analysts have a consensus price target of $59 on the stock. This is the mean one year estimate based on the 6 polled research firms covering the equity. The most recent price target update that went into the average was added on 2015-05-19.
The average broker recommendation is an arithmetical average of the individual ratings contributed by sell-side analysts to produce a Consensus Analyst Rating for each stock. Ratings are scaled on a 1 to 5 scale where 5 represents a Strong Sell and 1 represents a Strong Buy. CONMED Corporation (NASDAQ:CNMD) currently has a rating of 2 based on 6 research broker recommendations. Of this group, the analyst that sees the biggest upside to the current stock price sees it reaching $65 within the year. The most conservative analyst has the price target set at $51 for the one year target.
Looking further ahead at the long term growth estimates for the firm, analysts are anticipating earnings per share of $1.96 for the current year. The most bullish analyst estimates earnings per share of $2.03, while the most bearish is estimating EPS of $1.91 for the year.
