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S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Is Gold Really Boring? (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
Is Gold Really Boring? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
AI Race Accelerates with Amazon's Investment In Anthropic
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: World shares mixed after Wall Street retreat deepens
US consumer confidence tumbles in September as American anxiety about the future grows
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Is Gold Really Boring? (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
Is Gold Really Boring? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
AI Race Accelerates with Amazon's Investment In Anthropic
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: World shares mixed after Wall Street retreat deepens
US consumer confidence tumbles in September as American anxiety about the future grows
S&P 500   4,273.53
DOW   33,618.88
QQQ   354.21
5 Oversold Semiconductor Stocks to Nibble On Ahead of Q3 Earnings
Is Gold Really Boring? (Ad)
3 Warren Buffett Stocks that are Moving into the Buy Zone
3 Stocks That Really, Really Need the Defense Bill to Pass
Is Gold Really Boring? (Ad)
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations
AI Race Accelerates with Amazon's Investment In Anthropic
The "Plug and Play" Model Putting Online Giants to Shame (Ad)
Stock market today: World shares mixed after Wall Street retreat deepens
US consumer confidence tumbles in September as American anxiety about the future grows

Cognex (CGNX) Stock Forecast, Price & News

$41.86
-0.84 (-1.97%)
(As of 09/26/2023 ET)
Compare
Today's Range
$41.52
$42.46
50-Day Range
$41.86
$58.58
52-Week Range
$40.21
$59.51
Volume
828,150 shs
Average Volume
802,658 shs
Market Capitalization
$7.21 billion
P/E Ratio
42.28
Dividend Yield
0.67%
Price Target
$51.00

Cognex MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
21.8% Upside
$51.00 Price Target
Short Interest
Healthy
2.19% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.12
Upright™ Environmental Score
News Sentiment
1.23mentions of Cognex in the last 14 days
Based on 6 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
62.75%
From $0.51 to $0.83 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.61 out of 5 stars

Computer And Technology Sector

147th out of 586 stocks

Process Control Instruments Industry

6th out of 11 stocks


CGNX stock logo

About Cognex (NASDAQ:CGNX) Stock

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. Cognex Corporation was incorporated in 1981 and is headquartered in Natick, Massachusetts.

CGNX Price History

CGNX Stock News Headlines

5 Computer Vision Stocks with a Clear Path to Growth (CGNX)
Computer vision stocks stand to gain from AI 2.0: the widespread embedding of AI technology, including automotive, IoT, and consumer products.
Cognex Co. (NASDAQ:CGNX) Given Average Rating of "Hold" by Brokerages
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
The "Plug and Play" Model Putting Online Giants to Shame
While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."
Cognex to acquire Moritex for $275M
Is Trouble Brewing for 3M Investors?
Robert W. Baird Keeps Their Hold Rating on Cognex (CGNX)
Q2 2023 Cognex Corp Earnings Call
The Latest Analyst Ratings for Cognex
Cognex (CGNX) Q2 2023 Earnings Call Transcript
Cognex Reports Second Quarter 2023 Results
See More Headlines
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CGNX Company Calendar

Last Earnings
8/03/2023
Ex-Dividend for 9/1 Dividend
8/17/2023
Dividend Payable
9/01/2023
Today
9/27/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Process control instruments
Sub-Industry
Electronic Equipment & Instruments
Current Symbol
NASDAQ:CGNX
CUSIP
19242210
Employees
2,441
Year Founded
1981

Price Target and Rating

Average Stock Price Forecast
$51.00
High Stock Price Forecast
$65.00
Low Stock Price Forecast
$45.00
Forecasted Upside/Downside
+21.8%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
9 Analysts

Profitability

Net Income
$215.52 million
Pretax Margin
21.57%

Debt

Sales & Book Value

Annual Sales
$1.01 billion
Cash Flow
$1.45 per share
Book Value
$8.34 per share

Miscellaneous

Free Float
170,398,000
Market Cap
$7.21 billion
Optionable
Optionable
Beta
1.56

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Key Executives

  • Mr. Robert J. WillettMr. Robert J. Willett (Age 55)
    CEO, Pres & Exec. Director
    Comp: $1.06M
  • Mr. Paul D. TodghamMr. Paul D. Todgham (Age 47)
    Sr. VP of Fin. & CFO
    Comp: $518.86k
  • Mr. Jörg Küchen (Age 52)
    Sr. VP & Bus. Unit Mang. of Vision Products, Sr. VP of Advanced Vision Technology & CTO
    Comp: $607.48k
  • Ms. Sheila M. DiPalma CPAMs. Sheila M. DiPalma CPA (Age 56)
    Exec. VP of Employee Services and Corp. Officer & Chief Culture Officer
    Comp: $395.96k
  • Mr. Carl W. Gerst III (Age 55)
    Exec. VP of Vision, ID Products & Platforms
    Comp: $443.99k
  • Dr. Robert J. Shillman (Age 76)
    Founder, Chairman Emeritus & Adviser
  • 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













CGNX Stock - Frequently Asked Questions

Should I buy or sell Cognex stock right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last twelve months. There are currently 1 sell rating, 7 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 forecast for 2023?

9 equities research analysts have issued 12 month price targets for Cognex's stock. Their CGNX share price forecasts range from $45.00 to $65.00. On average, they predict the company's share price to reach $51.00 in the next twelve months. This suggests a possible upside of 21.8% 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 2023?

Cognex's stock was trading at $47.11 on January 1st, 2023. Since then, CGNX shares have decreased by 11.1% and is now trading at $41.86.
View the best growth stocks for 2023 here
.

When is Cognex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our CGNX earnings forecast
.

How were Cognex's earnings last quarter?

Cognex Co. (NASDAQ:CGNX) released its quarterly earnings data on Thursday, August, 3rd. The scientific and technical instruments company reported $0.32 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.13. The scientific and technical instruments company had revenue of $242.51 million for the quarter, compared to the consensus estimate of $230.99 million. Cognex had a net margin of 19.31% and a trailing twelve-month return on equity of 10.32%.

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

Cognex announced a quarterly dividend on Thursday, August 3rd. Shareholders of record on Friday, August 18th will be paid a dividend of $0.07 per share on Friday, September 1st. This represents a $0.28 annualized dividend and a yield of 0.67%. The ex-dividend date is Thursday, August 17th.
Read our dividend analysis for CGNX
.

Is Cognex a good dividend stock?

Cognex (NASDAQ:CGNX) pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.66%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 28.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CGNX will have a dividend payout ratio of 33.73% 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?

Shares of Cognex 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 market closes 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 updated its third quarter 2023 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $180.00 million-$200.00 million, compared to the consensus revenue estimate of $250.36 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).

What is Cognex's stock symbol?

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

Who are Cognex's major shareholders?

Cognex's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.58%), Bank of New York Mellon Corp (6.21%), State Street Corp (3.26%), Brown Capital Management LLC (3.00%), Alliancebernstein L.P. (2.78%) and Lazard Asset Management LLC (2.73%). Insiders that own company stock include Anthony Sun, Carl Gerst, Dianne M Parrotte, Eugene G Banucci, Jerry A Schneider, Patrick Alias, Paul Todgham, Robert Willett, Sheila Marie Dipalma 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 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 $41.86.

How much money does Cognex make?

Cognex (NASDAQ:CGNX) has a market capitalization of $7.21 billion and generates $1.01 billion in revenue each year. The scientific and technical instruments company earns $215.52 million in net income (profit) each year or $0.99 on an earnings per share basis.

How many employees does Cognex have?

The company employs 2,441 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
How can I contact Cognex?

Cognex's mailing address is ONE VISION DRIVE, NATICK MA, 01760. The official website for the company 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 9/27/2023 by MarketBeat.com Staff

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