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Cognex Stock Price, Forecast & Analysis (NASDAQ:CGNX)

$51.41
+0.55 (+1.08 %)
(As of 11/16/2019 08:00 AM ET)
Today's Range
$50.43
Now: $51.41
$51.59
50-Day Range
$46.76
MA: $50.63
$54.41
52-Week Range
$34.88
Now: $51.41
$57.31
Volume1.32 million shs
Average Volume936,128 shs
Market Capitalization$8.79 billion
P/E Ratio41.46
Dividend Yield0.43%
Beta2.1
Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate tasks primarily in manufacturing processes worldwide. It provides machine vision products, which are used to automate the manufacture 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. Read More…

Industry, Sector and Symbol

Industry Process control instruments
Sub-IndustryElectronic Equipment & Instruments
SectorComputer and Technology
Current SymbolNASDAQ:CGNX
CUSIP19242210
Phone508-650-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$806.34 million
Cash Flow$1.43 per share
Book Value$7.25 per share

Profitability

Net Income$219.26 million

Miscellaneous

Employees2,124
Market Cap$8.79 billion
Next Earnings Date2/13/2020 (Estimated)
OptionableOptionable

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Cognex (NASDAQ:CGNX) Frequently Asked Questions

What is Cognex's stock symbol?

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

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

Cognex declared a quarterly dividend on Monday, October 28th. Investors of record on Friday, November 15th will be paid a dividend of $0.055 per share on Friday, November 29th. This represents a $0.22 annualized dividend and a dividend yield of 0.43%. The ex-dividend date is Thursday, November 14th. This is a boost from Cognex's previous quarterly dividend of $0.05. View Cognex's Dividend History.

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

Cognex shares split on the morning of Monday, December 4th 2017. The 2-1 split was announced on Monday, October 30th 2017. The newly minted shares were distributed to shareholders after the closing bell 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.

How will Cognex's stock buyback program work?

Cognex declared that its Board of Directors has authorized a stock buyback program on Monday, October 29th 2018, which allows the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 2.8% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

How were Cognex's earnings last quarter?

Cognex Co. (NASDAQ:CGNX) posted its quarterly earnings results on Monday, October, 28th. The scientific and technical instruments company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.03. The scientific and technical instruments company earned $183.33 million during the quarter, compared to the consensus estimate of $177.78 million. Cognex had a return on equity of 14.21% and a net margin of 22.55%. Cognex's quarterly revenue was down 21.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.45 earnings per share. View Cognex's Earnings History.

When is Cognex's next earnings date?

Cognex is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Cognex.

What price target have analysts set for CGNX?

10 analysts have issued 1-year price objectives for Cognex's shares. Their forecasts range from $36.00 to $60.00. On average, they anticipate Cognex's share price to reach $49.20 in the next twelve months. This suggests that the stock has a possible downside of 4.3%. View Analyst Price Targets for Cognex.

What is the consensus analysts' recommendation for Cognex?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last year. There are currently 1 sell rating, 7 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cognex.

Has Cognex been receiving favorable news coverage?

Media stories about CGNX stock have been trending somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cognex earned a coverage optimism score of 2.0 on InfoTrie's scale. They also gave media stories about the scientific and technical instruments company a news buzz of 8.0 out of 10, indicating that recent media coverage is very likely to have an impact on the stock's share price in the next several days. View News Stories for Cognex.

Are investors shorting Cognex?

Cognex saw a increase in short interest in October. As of October 31st, there was short interest totalling 7,750,000 shares, an increase of 5.7% from the September 30th total of 7,330,000 shares. Based on an average trading volume of 843,300 shares, the days-to-cover ratio is presently 9.2 days. Approximately 4.8% of the shares of the stock are sold short. View Cognex's Current Options Chain.

Who are some of Cognex's key competitors?

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), Netflix (NFLX), Paypal (PYPL), Arista Networks (ANET), Walt Disney (DIS), Micron Technology (MU), Activision Blizzard (ATVI), Shopify (SHOP) and Baidu (BIDU).

Who are Cognex's key executives?

Cognex's management team includes the folowing people:
  • Dr. Robert J. Shillman, Founder, Exec. Chairman & Chief Culture Officer (Age 72)
  • Mr. Robert J. Willett, CEO, Pres & Exec. Director (Age 51)
  • Mr. John J. Curran, Sr. VP of Fin. & Admin., Treasurer and CFO (Age 53)
  • Ms. Sheila M DiPalma CPA, Sr. VP of Corp. Employee Services & Corp. Officer (Age 52)
  • Ms. Susan Conway, Sr. Director of Investor Relations

Who are Cognex's major shareholders?

Cognex's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Eagle Asset Management Inc. (2.21%), Carillon Tower Advisers Inc. (1.63%), Manning & Napier Group LLC (0.59%), Stephens Investment Management Group LLC (0.58%), GW&K Investment Management LLC (0.44%) and Sumitomo Mitsui Trust Holdings Inc. (0.39%). Company insiders that own Cognex stock include Anthony Sun, Dianne M Parrotte, Jerry A Schneider, John J Curran, Laura Ann Macdonald, Patrick Alias, Robert Willett, Sheila Marie Dipalma and Theodor Krantz. View Institutional Ownership Trends for Cognex.

Which institutional investors are selling Cognex stock?

CGNX stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Eagle Asset Management Inc., Carillon Tower Advisers Inc., Retirement Systems of Alabama, Great West Life Assurance Co. Can, Handelsinvest Investeringsforvaltning, TimesSquare Capital Management LLC and Essex Investment Management Co. LLC. Company insiders that have sold Cognex company stock in the last year include Dianne M Parrotte, John J Curran, Laura Ann Macdonald, Robert Willett, Sheila Marie Dipalma and Theodor Krantz. View Insider Buying and Selling for Cognex.

Which institutional investors are buying Cognex stock?

CGNX stock was purchased by a variety of institutional investors in the last quarter, including Ardevora Asset Management LLP, Manning & Napier Group LLC, State of New Jersey Common Pension Fund D, GW&K Investment Management LLC, California Public Employees Retirement System, Stephens Investment Management Group LLC, Northstar Investment Advisors LLC and State of Tennessee Treasury Department. View Insider Buying and Selling for Cognex.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Cognex's stock price today?

One share of CGNX stock can currently be purchased for approximately $51.41.

How big of a company is Cognex?

Cognex has a market capitalization of $8.79 billion and generates $806.34 million in revenue each year. The scientific and technical instruments company earns $219.26 million in net income (profit) each year or $1.24 on an earnings per share basis. Cognex employs 2,124 workers across the globe.View Additional Information About Cognex.

What is Cognex's official website?

The official website for Cognex is http://www.cognex.com/.

How can I contact Cognex?

Cognex's mailing address is ONE VISION DRIVE, NATICK MA, 01760. The scientific and technical instruments company can be reached via phone at 508-650-3000 or via email at [email protected]


MarketBeat Community Rating for Cognex (NASDAQ CGNX)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  439 (Vote Outperform)
Underperform Votes:  454 (Vote Underperform)
Total Votes:  893
MarketBeat's community ratings are surveys of what our community members think about Cognex and other stocks. Vote "Outperform" if you believe CGNX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CGNX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2019 by MarketBeat.com Staff

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