CONMED's ROE is deemed 'sub-optimal'. The business isn't thr...

Moomoo AI Dec 18, 2023 20:02

CONMED's ROE is deemed 'sub-optimal'. The business isn't thrilling as it uses high debt to boost sub-par returns. Theoretically, greater ROE could improve through leverage, but higher debt presents greater risk.

With A 7.3% Return On Equity, Is CONMED Corporation (NYSE:CNMD) A Quality Stock?

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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