S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
S&P 500   5,096.27
DOW   38,996.39
QQQ   439.00
Pure Storage, Hormel Foods rise; WW International, First Advantage fall, Thursday, 2/29/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Thursday, 2/29/2024
Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Best Buy reports lower 4Q sales and profits as shoppers remain cautious
Grads From This Midwestern School Are More Likely to Start a Billion Dollar Company Than Founders Who Went To Stanford, Harvard, or MIT: Study
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
It's Leap Day, and You're Probably Working — Here's How 'February 29' Affects Your Paycheck
From Hometown Hero to Franchise Partner — 3 Celebrities Collaborating With Their Hometown Brands
NASDAQ:CGNX

Cognex (CGNX) Stock Price, News & Analysis

$39.45
+1.29 (+3.38%)
(As of 02/29/2024 ET)
Today's Range
$38.55
$39.57
50-Day Range
$35.31
$42.62
52-Week Range
$34.28
$59.51
Volume
1.35 million shs
Average Volume
1.88 million shs
Market Capitalization
$6.79 billion
P/E Ratio
59.77
Dividend Yield
0.76%
Price Target
$48.56

Cognex MarketRank™ Stock Analysis

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
23.1% Upside
$48.56 Price Target
Short Interest
Healthy
2.26% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.12
Upright™ Environmental Score
News Sentiment
1.25mentions of Cognex in the last 14 days
Based on 12 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
97.87%
From $0.47 to $0.93 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.

4.77 out of 5 stars

Computer And Technology Sector

36th out of 601 stocks

Process Control Instruments Industry

2nd out of 11 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. Cognex Corporation was incorporated in 1981 and is headquartered in Natick, Massachusetts.

CGNX Stock Price History

CGNX Stock News Headlines

Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Conestoga Mid Cap Composite Exited Cognex Corp. (CGNX)
Analysts Set Cognex Co. (NASDAQ:CGNX) PT at $48.56
Cognex (NASDAQ:CGNX) Downgraded by StockNews.com to Sell
Critical asset just had biggest fall on record
What many consider America's critical financial asset suffers biggest fall on record. Expert says: "it's very bad for millions, protect yourself now."
Cognex Shares Rise 7% After 4Q Revenue, Adj EPS Beats
Cognex Corp Q4 Profit Decreases, but beats estimates
Cognex declares $0.075 dividend
Cognex Reports Fourth Quarter and Full Year 2023 Results
Cognex Declares Quarterly Cash Dividend
Cognex Declares Quarterly Cash Dividend
Cognex earnings: here's what Wall Street expects
See More Headlines
Receive CGNX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Cognex and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 12/1 Dividend
11/16/2023
Dividend Payable
12/01/2023
Last Earnings
2/15/2024
Ex-Dividend for 3/14 Dividend
2/28/2024
Today
2/29/2024
Dividend Payable
3/14/2024
Next Earnings (Estimated)
5/02/2024
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
$48.56
High Stock Price Target
$60.00
Low Stock Price Target
$40.00
Potential Upside/Downside
+23.1%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
10 Analysts

Profitability

Net Income
$113.23 million
Pretax Margin
16.16%

Debt

Sales & Book Value

Annual Sales
$837.55 million
Cash Flow
$0.90 per share
Book Value
$8.74 per share

Miscellaneous

Free Float
170,248,000
Market Cap
$6.79 billion
Optionable
Optionable
Beta
1.49

Social Links

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

Key Executives















CGNX Stock Analysis - Frequently Asked Questions

Should I buy or sell Cognex stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last year. There are currently 2 sell ratings, 5 hold ratings, 2 buy ratings and 1 strong 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 target for 2024?

10 analysts have issued 12 month price targets for Cognex's stock. Their CGNX share price targets range from $40.00 to $60.00. On average, they expect the company's stock price to reach $48.56 in the next year. This suggests a possible upside of 23.1% 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 on January 1st, 2024. Since then, CGNX shares have decreased by 5.5% and is now trading at $39.45.
View the best growth stocks for 2024 here
.

Are investors shorting Cognex?

Cognex saw a drop in short interest in the month of February. As of February 15th, there was short interest totaling 3,860,000 shares, a drop of 12.9% from the January 31st total of 4,430,000 shares. Based on an average daily trading volume, of 1,780,000 shares, the short-interest ratio is presently 2.2 days. Currently, 2.3% of the company's stock are short sold.
View Cognex's Short Interest
.

When is Cognex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our CGNX earnings forecast
.

How were Cognex's earnings last quarter?

Cognex Co. (NASDAQ:CGNX) announced its earnings results on Thursday, February, 15th. The scientific and technical instruments company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.04. The scientific and technical instruments company had revenue of $196.70 million for the quarter, compared to the consensus estimate of $189.16 million. Cognex had a trailing twelve-month return on equity of 6.86% and a net margin of 13.52%. Cognex's revenue was down 17.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.27 EPS.

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

Cognex declared a quarterly dividend on Thursday, February 15th. Investors of record on Thursday, February 29th will be paid a dividend of $0.075 per share on Thursday, March 14th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.76%. The ex-dividend date is Wednesday, February 28th.
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 0.78%. 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 45.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CGNX will have a dividend payout ratio of 32.26% 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 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 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 issued an update on its first quarter 2024 earnings guidance on Friday, February, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $190.0 million-$205.0 million, compared to the consensus revenue estimate of $211.6 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 a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (10.07%), Brown Capital Management LLC (3.15%), Capital Research Global Investors (2.06%), Impax Asset Management Group plc (1.65%), Nordea Investment Management AB (1.20%) and Mirae Asset Global Investments Co. Ltd. (1.16%). Insiders that own company stock include Anthony Sun, Dianne M Parrotte, Jerry A Schneider, 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 3/1/2024 by MarketBeat.com Staff