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

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last twelve months. There are currently 2 sell ratings, 6 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.

11 brokerages have issued 12-month target prices for Cognex's shares. Their CGNX share price targets range from $40.00 to $60.00. On average, they predict the company's share price to reach $48.50 in the next year. This suggests a possible upside of 26.7% from the stock's current price.
View analysts price targets for CGNX or view top-rated stocks among Wall Street analysts.

Cognex's stock was trading at $47.11 at the beginning of the year. Since then, CGNX shares have decreased by 18.7% and is now trading at $38.28.
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Cognex saw a decline in short interest in the month of November. As of November 15th, there was short interest totaling 5,240,000 shares, a decline of 10.1% from the October 31st total of 5,830,000 shares. Based on an average daily volume of 1,020,000 shares, the short-interest ratio is presently 5.1 days. Currently, 3.1% of the company's shares are short sold.
View Cognex's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 15th 2024.
View our CGNX earnings forecast.

Cognex Co. (NASDAQ:CGNX) released its quarterly earnings data on Tuesday, October, 31st. The scientific and technical instruments company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.01. The scientific and technical instruments company had revenue of $197.24 million for the quarter, compared to the consensus estimate of $190.30 million. Cognex had a net margin of 17.87% and a trailing twelve-month return on equity of 8.90%.

Cognex announced a quarterly dividend on Monday, October 30th. Investors of record on Friday, November 17th will be given a dividend of $0.075 per share on Friday, December 1st. This represents a $0.30 annualized dividend and a dividend yield of 0.78%. The ex-dividend date of this dividend is Thursday, November 16th. This is a boost from the stock's previous quarterly dividend of $0.07.
Read our dividend analysis for CGNX.

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 32.97%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CGNX will have a dividend payout ratio of 42.86% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CGNX.

ETFs with the largest weight of Cognex (NASDAQ:CGNX) stock in their portfolio include ProShares S&P Kensho Smart Factories ETF (MAKX), Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ), ProShares S&P Technology Dividend Aristocrats ETF (TDV), Pacer Lunt MidCap Multi-Factor Alternator ETF (PAMC), ROBO Global Artificial Intelligence ETF (THNQ), ROBO Global Robotics & Automation ETF (ROBO), Invesco S&P MidCap Quality ETF (XMHQ) and VanEck Robotics ETF (IBOT).

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 created 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.

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.

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).

Cognex's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Bank of New York Mellon Corp (6.19%), Lazard Asset Management LLC (3.22%), American Century Companies Inc. (1.92%), Impax Asset Management Group plc (1.63%), William Blair Investment Management LLC (1.61%) and Invesco Ltd. (1.21%). Insiders that own company stock include Anthony Sun, Carl Gerst, Dianne M Parrotte, Eugene G Banucci, Jerry A Schneider, Patrick Alias, Paul Todgham, Sheila Marie Dipalma and Theodor Krantz.
View institutional ownership trends.

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.
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