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S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
S&P 500   3,845.08
DOW   31,037.68
QQQ   288.80
NASDAQ:CGNX

Cognex Stock Forecast, Price & News

$44.18
+0.10 (+0.23%)
(As of 07/6/2022 12:00 AM ET)
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Today's Range
$43.72
$44.72
50-Day Range
$42.25
$69.82
52-Week Range
$41.69
$92.17
Volume
764,895 shs
Average Volume
1.32 million shs
Market Capitalization
$7.68 billion
P/E Ratio
28.50
Dividend Yield
0.59%
Price Target
$71.18

Cognex MarketRank™ Forecast

Analyst Rating
Hold
2.45 Rating Score
Upside/​Downside
61.1% Upside
$71.18 Price Target
Short Interest
Healthy
2.79% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.64
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$138,000 Bought Last Quarter
Proj. Earnings Growth
19.08%
From $1.52 to $1.81 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.45 out of 5 stars

Computer And Technology Sector

121st out of 936 stocks

Process Control Instruments Industry

7th out of 17 stocks

30 days | 90 days | 365 days | Advanced Chart

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Cognex logo

About Cognex (NASDAQ:CGNX) Stock

Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. The company offers VisionPro software, a suite of patented vision tools for advanced programming; QuickBuild that allows customers to build vision applications with a graphical, flowchart-based programming interface; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; vision sensors for vision applications, such as checking the presence and size of parts; and the In-Sight product line of vision systems and sensors. In addition, the company offers DataMan, an image-based barcode readers and barcode verifiers. It sells its products to consumer electronics, automotive, consumer products, food and beverage, pharmaceuticals, and medical devices industries, as well as through a network of distributors and integrators. Cognex Corporation was incorporated in 1981 and is headquartered in Natick, Massachusetts.

CGNX Stock News Headlines

Cognex (NASDAQ:CGNX) Sets New 52-Week Low at $42.28
Why Shares in Cognex Slumped Again Today
See More Headlines

Industry, Sector and Symbol

Industry
Process control instruments
Sub-Industry
Electronic Equipment & Instruments
Current Symbol
NASDAQ:CGNX
CUSIP
19242210
Employees
2,257
Year Founded
1981

Company Calendar

Last Earnings
5/05/2022
Ex-Dividend for 6/3 Dividend
5/19/2022
Dividend Payable
6/03/2022
Today
7/07/2022
Next Earnings (Confirmed)
8/02/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$71.18
High Stock Price Forecast
$95.00
Low Stock Price Forecast
$41.00
Forecasted Upside/Downside
+61.1%
Consensus Rating
Hold
Rating Score (0-4)
2.45454545454545
Research Coverage
11 Analysts

Profitability

Net Income
$279.88 million
Pretax Margin
30.34%

Debt

Sales & Book Value

Annual Sales
$1.04 billion
Cash Flow
$1.70 per share
Book Value
$8.22 per share

Miscellaneous

Free Float
166,615,000
Market Cap
$7.68 billion
Optionable
Optionable
Beta
1.63

Social Links















Cognex Frequently Asked Questions

Should I buy or sell Cognex stock right now?

11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last year. There are currently 1 sell rating, 5 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Cognex stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CGNX, but not buy additional shares or sell existing shares.
View analyst ratings for Cognex
or view top-rated stocks.

What is Cognex's stock price forecast for 2022?

11 brokers have issued 12-month price targets for Cognex's stock. Their CGNX stock forecasts range from $41.00 to $95.00. On average, they predict Cognex's stock price to reach $71.18 in the next twelve months. This suggests a possible upside of 61.1% from the stock's current price.
View analysts' price targets for Cognex
or view top-rated stocks among Wall Street analysts.

How has Cognex's stock performed in 2022?

Cognex's stock was trading at $77.76 at the beginning of 2022. Since then, CGNX shares have decreased by 43.2% and is now trading at $44.18.
View the best growth stocks for 2022 here
.

When is Cognex's next earnings date?

Cognex is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Cognex
.

How can I listen to Cognex's earnings call?

Cognex will be holding an earnings conference call on Tuesday, August 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13730768".

How were Cognex's earnings last quarter?

Cognex Co. (NASDAQ:CGNX) issued its quarterly earnings results on Thursday, May, 5th. The scientific and technical instruments company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.08. The scientific and technical instruments company earned $282.40 million during the quarter, compared to the consensus estimate of $277.23 million. Cognex had a net margin of 25.67% and a trailing twelve-month return on equity of 19.48%. The business's revenue was up 18.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.39 EPS.
View Cognex's earnings history
.

How often does Cognex pay dividends? What is the dividend yield for Cognex?

Cognex announced a quarterly dividend on Thursday, May 5th. Shareholders of record on Friday, May 20th will be paid a dividend of $0.065 per share on Friday, June 3rd. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.59%. The ex-dividend date of this dividend is Thursday, May 19th.
View Cognex's dividend history
.

Is Cognex a good dividend stock?

Cognex(NASDAQ:CGNX) pays an annual dividend of $0.26 per share and currently has a dividend yield of 0.59%. Cognex has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Cognex is 16.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cognex will have a dividend payout ratio of 14.36% next year. This indicates that Cognex will be able to sustain or increase its dividend.
View Cognex's dividend history.

When did Cognex's stock split? How did Cognex's stock split work?

Cognex shares split on Monday, December 4th 2017. The 2-1 split was announced on Monday, October 30th 2017. The newly minted shares were payable to shareholders after the market closes on Friday, December 1st 2017. An investor that had 100 shares of Cognex stock prior to the split would have 200 shares after the split.

What guidance has Cognex issued on next quarter's earnings?

Cognex updated its second quarter 2022 earnings guidance on Monday, May, 23rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $265.00 million-$285.00 million, compared to the consensus revenue estimate of $292.72 million.

Who are Cognex's key executives?

Cognex's management team includes the following people:
  • Mr. Robert J. Willett, CEO, Pres & Exec. Director (Age 54, Pay $4.35M) (LinkedIn Profile)
  • Dr. Robert J. Shillman, Founder, Chairman Emeritus & Adviser (Age 75, Pay $216.05k)
  • Mr. Paul D. Todgham, Sr. VP of Fin. & CFO (Age 45, Pay $881.31k) (LinkedIn Profile)
  • Ms. Sheila M. DiPalma CPA, Exec. VP of Employee Services & Chief Culture Officer (Age 55, Pay $722.25k)
  • Mr. Carl W. Gerst III, Exec. VP of Vision, ID Products & Platforms (Age 54, Pay $762.15k)
  • Ms. Susan Conway, Sr. Director of Investor Relations
  • Mr. Todd Keebaug, VP of Legal Services
  • Ms. Robin Pratt, Corp. Communications Contractor
  • Mr. Didier Lacroix, Sr. VP Worldwide Sales & Marketing
  • Mr. E. John McGarry, Sr. VP of R&D (Age 65)

What is Robert Willett's approval rating as Cognex's CEO?

94 employees have rated Cognex CEO Robert Willett on Glassdoor.com. Robert Willett has an approval rating of 84% among Cognex's employees.

What other stocks do shareholders of Cognex own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Cognex investors own include NVIDIA (NVDA), Alibaba Group (BABA), PayPal (PYPL), Netflix (NFLX), Micron Technology (MU), Advanced Micro Devices (AMD), Arista Networks (ANET), Activision Blizzard (ATVI), Square (SQ) and Walt Disney (DIS).

What is Cognex's stock symbol?

Cognex trades on the NASDAQ under the ticker symbol "CGNX."

How do I buy shares of Cognex?

Shares of CGNX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Cognex's stock price today?

One share of CGNX stock can currently be purchased for approximately $44.18.

How much money does Cognex make?

Cognex (NASDAQ:CGNX) has a market capitalization of $7.68 billion and generates $1.04 billion in revenue each year. The scientific and technical instruments company earns $279.88 million in net income (profit) each year or $1.55 on an earnings per share basis.

How many employees does Cognex have?

Cognex employs 2,257 workers across the globe.

Does Cognex have any subsidiaries?

The following companies are subsidiares of Cognex: *CHIARO TECHNOLOGIES, AQSENSE, AssistWare Technology, Cognex Asia Inc., Cognex Canada Inc., Cognex Canada Technology Inc., Cognex Distribution, Cognex EnShape GmbH, Cognex Europe B.V., Cognex Europe Inc., Cognex Foreign Sales Corporation, Cognex Germany Aachen GmbH, Cognex Germany Inc., Cognex Goruntu Sistemleri Satis ve Ticaret Limited Sirketi, Cognex Hungary Kft., Cognex International Inc., Cognex Ireland Ltd., Cognex K.K., Cognex Korea Inc., Cognex Ltd., Cognex Mexico S.R.L.C.V., Cognex Poland z.o.o, Cognex Representacao Comercial E Participacoes Ltda., Cognex Sensors India Private Limited, Cognex Service Inc, Cognex Service Ltd., Cognex Singapore Inc., Cognex Switzerland GmbH, Cognex Taiwan Inc., Cognex Technology and Investment LLC, Cognex UK Ltd., Cognex Vietnam Company Ltd., Cognex Vision Inspection System (Shanghai) Co. Ltd., Cognex Vision Spain S.L.U., Enshape, One Vision Drive LLC, ViDi Systems, Vision Drive Inc., and Webscan Inc.
Read More

When was Cognex founded?

Cognex was founded in 1981.

How can I contact Cognex?

Cognex's mailing address is ONE VISION DRIVE, NATICK MA, 01760. The official website for Cognex is www.cognex.com. The scientific and technical instruments company can be reached via phone at (508) 650-3000, via email at susan.conway@cognex.com, or via fax at 508-650-3333.

This page (NASDAQ:CGNX) was last updated on 7/7/2022 by MarketBeat.com Staff

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