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NASDAQ:CGNX

Cognex (CGNX) Stock Price, News & Analysis

$47.67
-0.04 (-0.08%)
(As of 05/24/2024 ET)
Today's Range
$47.48
$48.08
50-Day Range
$38.46
$48.51
52-Week Range
$34.28
$59.51
Volume
900,690 shs
Average Volume
1.17 million shs
Market Capitalization
$8.18 billion
P/E Ratio
82.19
Dividend Yield
0.63%
Price Target
$49.15

Cognex MarketRank™ Stock Analysis

Analyst Rating
Hold
2.40 Rating Score
Upside/​Downside
3.1% Upside
$49.15 Price Target
Short Interest
Healthy
2.70% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.12
Upright™ Environmental Score
News Sentiment
1.42mentions of Cognex in the last 14 days
Based on 5 Articles This Week
Insider Trading
Selling Shares
$274,942 Sold Last Quarter
Proj. Earnings Growth
97.73%
From $0.44 to $0.87 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.45 out of 5 stars

Computer And Technology Sector

99th out of 589 stocks

Process Control Instruments Industry

4th out of 12 stocks

CGNX stock logo

About Cognex Stock (NASDAQ:CGNX)

Cognex Corporation provides machine vision products that capture and analyze visual information 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, electric vehicle batteries, and e-commerce packages 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 automotive, logistics, consumer electronics, medical-related, semiconductor, consumer products, food and beverage, and others, as well as through a network of distributors and integrators. The company was incorporated in 1981 and is headquartered in Natick, Massachusetts.

CGNX Stock Price History

CGNX Stock News Headlines

Truist Financial Keeps Their Buy Rating on Cognex (CGNX)
Cognex Appoints Dennis Fehr As Its New CFO
Cognex Q1 Net Income Declines
Cognex Reports First Quarter 2024 Results
Cognex Declares Quarterly Cash Dividend
What Wall Street expects from Cognex's earnings
Cognex Corporation: Labor Market Beneficiary
See More Headlines
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Company Calendar

Ex-Dividend for 3/14 Dividend
2/28/2024
Dividend Payable
3/14/2024
Last Earnings
5/02/2024
Ex-Dividend for 5/30 Dividend
5/15/2024
Today
5/25/2024
Dividend Payable
5/30/2024
Next Earnings (Estimated)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Process control instruments
Sub-Industry
Electronic Equipment & Instruments
Current Symbol
NASDAQ:CGNX
CUSIP
19242210
Employees
2,992
Year Founded
1981

Price Target and Rating

Average Stock Price Target
$49.15
High Stock Price Target
$60.00
Low Stock Price Target
$41.00
Potential Upside/Downside
+3.1%
Consensus Rating
Hold
Rating Score (0-4)
2.40
Research Coverage
15 Analysts

Profitability

Net Income
$113.23 million
Pretax Margin
14.95%

Debt

Sales & Book Value

Annual Sales
$837.55 million
Cash Flow
$0.88 per share
Book Value
$8.68 per share

Miscellaneous

Free Float
169,774,000
Market Cap
$8.18 billion
Optionable
Optionable
Beta
1.48

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Key Executives


CGNX Stock Analysis - Frequently Asked Questions

Should I buy or sell Cognex stock right now?

15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last twelve months. There are currently 2 sell ratings, 6 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CGNX shares. 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 CGNX analyst ratings
or view top-rated stocks.

What is Cognex's stock price target for 2024?

15 brokers have issued 1 year price objectives for Cognex's shares. Their CGNX share price targets range from $41.00 to $60.00. On average, they predict the company's stock price to reach $49.15 in the next twelve months. This suggests a possible upside of 3.1% from the stock's current price.
View analysts price targets for CGNX
or view top-rated stocks among Wall Street analysts.

How have CGNX shares performed in 2024?

Cognex's stock was trading at $41.74 at the beginning of the year. Since then, CGNX shares have increased by 14.2% and is now trading at $47.67.
View the best growth stocks for 2024 here
.

When is Cognex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
View our CGNX earnings forecast
.

How were Cognex's earnings last quarter?

Cognex Co. (NASDAQ:CGNX) issued its quarterly earnings data on Thursday, May, 2nd. The scientific and technical instruments company reported $0.05 EPS for the quarter. The scientific and technical instruments company earned $210.80 million during the quarter, compared to analysts' expectations of $198.14 million. Cognex had a trailing twelve-month return on equity of 6.81% and a net margin of 11.76%.

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

Cognex announced a quarterly dividend on Thursday, May 2nd. Investors of record on Thursday, May 16th will be paid a dividend of $0.075 per share on Thursday, May 30th. This represents a $0.30 dividend on an annualized basis and a yield of 0.63%. The ex-dividend date is Wednesday, May 15th.
Read our dividend analysis for CGNX
.

Is Cognex a good dividend stock?

Cognex (NASDAQ:CGNX) pays an annual dividend of $0.30 per share and currently has a dividend yield of 0.63%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 51.72%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CGNX will have a dividend payout ratio of 34.48% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CGNX.

When did Cognex's stock split?

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

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

Cognex issued an update on its second quarter 2024 earnings guidance on Friday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $230.0 million-$245.0 million, compared to the consensus revenue estimate of $235.1 million.

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

94 employees have rated Cognex Chief Executive Officer Robert Willett on Glassdoor.com. Robert Willett has an approval rating of 84% among the company'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), Block (SQ) and Walt Disney (DIS).

Who are Cognex's major shareholders?

Cognex's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.21%), Brown Capital Management LLC (2.24%), William Blair Investment Management LLC (2.17%), Capital Research Global Investors (2.07%), Nordea Investment Management AB (1.55%) and Lazard Asset Management LLC (1.26%). Insiders that own company stock include Anthony Sun, Carl Gerst, Dianne M Parrotte, Patrick Alias, Paul Todgham and Theodor Krantz.
View institutional ownership trends
.

How do I buy shares of Cognex?

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

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
This page (NASDAQ:CGNX) was last updated on 5/26/2024 by MarketBeat.com Staff

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