Cognex Company Profile (NASDAQ:CGNX)

About Cognex

Cognex logoCognex Corporation (Cognex) is a provider of machine vision products that capture and analyze visual information in order to automate tasks, primarily in manufacturing processes, where vision is required. The Company's machine vision products are used to automate the manufacture and tracking of discrete items, such as mobile phones, aspirin bottles and automobile tires, by locating, identifying, inspecting and measuring them during the manufacturing or distribution process. The Company's products include vision software, vision systems, vision sensors and ID products. Its products range from vision sensors that are integrated, to personal computer (PC)-based systems for users. Its products have a range of physical forms, depending upon the user's need. Cognex sells its products through a direct sales force, as well as through a global network of integration and distribution partners. Its service offerings include maintenance and support, consulting and training services.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Scientific & Technical Instruments
  • Sub-Industry: Electronic Equipment & Instruments
  • Exchange: NASDAQ
  • Symbol: CGNX
  • CUSIP: 19242210
Key Metrics:
  • Previous Close: $77.82
  • 50 Day Moving Average: $68.72
  • 200 Day Moving Average: $58.30
  • 52-Week Range: $86,053,000.00 - $35.15
  • Trailing P/E Ratio: 45.32
  • Foreward P/E Ratio: 33.55
  • P/E Growth: 1.65
  • Market Cap: $6.70B
  • Outstanding Shares: 86,053,000
  • Beta: 1.33
  • Net Margins: 26.59%
  • Return on Equity: 13.67%
  • Return on Assets: 12.66%
  • Current Ratio: 7.69%
  • Quick Ratio: 7.29%
Additional Links:
Companies Related to Cognex:

Analyst Ratings

Consensus Ratings for Cognex (NASDAQ:CGNX) (?)
Ratings Breakdown: 6 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $57.51 (25.80% downside)

Analysts' Ratings History for Cognex (NASDAQ:CGNX)
DateFirmActionRatingPrice TargetDetails
2/17/2017Needham & Company LLCReiterated RatingBuy$61.00 -> $80.00View Rating Details
1/26/2017J P Morgan Chase & CoInitiated CoverageNeutral$66.00View Rating Details
12/8/2016Deutsche Bank AGInitiated CoverageBuy$74.00View Rating Details
12/2/2016Northcoast ResearchDowngradeBuy -> Neutral$59.00View Rating Details
11/2/2016Canaccord GenuityReiterated RatingHoldView Rating Details
10/25/2016StephensInitiated CoverageEqual Weight$50.00View Rating Details
6/6/2016Sanford C. BernsteinInitiated CoverageMarket Perform$40.10View Rating Details
5/10/2016FBR & CoReiterated RatingMarketperform$42.00View Rating Details
3/11/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformView Rating Details
2/11/2016NomuraLower Price TargetBuy$46.00 -> $45.00View Rating Details
12/23/2015Cowen and CompanyReiterated RatingOutperform$55.00View Rating Details
8/4/2015Oppenheimer Holdings, Inc.Reiterated RatingMarket PerformView Rating Details
(Data available from 2/27/2015 forward)


Earnings History for Cognex (NASDAQ:CGNX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/16/2017Q416$0.30$0.43$116.93 million$129.32 millionViewN/AView Earnings Details
10/31/2016Q316$0.48$0.61$50.93 million$147.95 millionViewListenView Earnings Details
8/1/2016Q216$0.43$0.50$138.11 million$147.27 millionViewN/AView Earnings Details
5/2/2016Q116$0.11$0.17$93.06 million$96.20 millionViewListenView Earnings Details
2/10/2016Q415$0.17$0.22$95.61 million$97.77 millionViewListenView Earnings Details
11/2/2015Q315$0.22$0.29$107.44 million$107.59 millionViewListenView Earnings Details
8/3/2015Q215$0.47$0.49$154.94 million$143.80 millionViewListenView Earnings Details
5/4/2015Q115$0.22$0.23$109.50 million$113.40 millionViewListenView Earnings Details
2/12/2015Q414$0.26$0.30$113.15 million$117.20 millionViewListenView Earnings Details
10/27/2014Q314$0.56$0.59$168.60 million$169.40 millionViewListenView Earnings Details
7/28/2014Q214$0.22$0.29$103.30 million$108.80 millionViewN/AView Earnings Details
4/30/2014Q114$0.20$0.21$91.15 million$90.90 millionViewN/AView Earnings Details
2/13/2014Q413$0.22$0.25$94.67 million$95.70 millionViewListenView Earnings Details
10/28/2013Q313$0.26$0.25$90.00 million$90.00 millionViewN/AView Earnings Details
7/29/2013Q2 2013$0.37$0.42$85.30 million$86.51 millionViewN/AView Earnings Details
4/29/2013Q1 2013$0.36$0.35$79.62 million$80.89 millionViewN/AView Earnings Details
2/11/2013Q4 2012$0.38$0.40$79.61 million$82.17 millionViewN/AView Earnings Details
10/29/2012Q312$0.36$0.41$79.66 million$80.08 millionViewN/AView Earnings Details
7/30/2012$0.41$0.45ViewN/AView Earnings Details
4/30/2012$0.31$0.33ViewN/AView Earnings Details
2/9/2012$0.41$0.44ViewN/AView Earnings Details
11/1/2011$0.38$0.42ViewN/AView Earnings Details
8/1/2011$0.38$0.45ViewN/AView Earnings Details
5/2/2011$0.25$0.32ViewN/AView Earnings Details
2/10/2011$0.41$0.47ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Cognex (NASDAQ:CGNX)
Current Year EPS Consensus Estimate: $1.97 EPS
Next Year EPS Consensus Estimate: $2.31 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165$0.11$0.23$0.17
Q2 20164$0.38$0.43$0.42
Q3 20164$0.34$0.48$0.42
Q4 20164$0.25$0.30$0.27
Q1 20172$0.21$0.28$0.25
Q2 20172$0.61$0.61$0.61
Q3 20172$0.63$0.64$0.64
Q4 20171$0.49$0.49$0.49
Q1 20181$0.35$0.35$0.35
Q2 20181$0.73$0.73$0.73
Q3 20181$0.76$0.76$0.76
Q4 20181$0.59$0.59$0.59
(Data provided by Zacks Investment Research)


Current Dividend Information for Cognex (NASDAQ:CGNX)
Annual Dividend:$0.30
Dividend Yield:0.39%
Payout Ratio:20.13% (Based on Trailing 12 Months of Earnings)
15.23% (Based on Current Year Consensus EPS Estimate)
12.99% (Based on Next Year Consensus EPS Estimate)

Dividend History for Cognex (NASDAQ:CGNX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Cognex (NASDAQ:CGNX)
Insider Ownership Percentage: 6.40%
Institutional Ownership Percentage: 90.00%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/8/2016Jeffrey Benjamin MillerDirectorSell7,500$63.06$472,950.00View SEC Filing  
12/8/2016Richard MorinCFOSell23,000$60.30$1,386,900.00View SEC Filing  
12/1/2016Richard MorinCFOSell3,000$60.39$181,170.00View SEC Filing  
11/25/2016Bruce Robinson JDirectorSell25,750$60.95$1,569,462.50View SEC Filing  
11/14/2016Robert WillettCEOSell100,000$55.69$5,569,000.00View SEC Filing  
11/11/2016Richard MorinCFOSell20,000$55.44$1,108,800.00View SEC Filing  
11/8/2016Patrick AliasDirectorSell10,000$54.07$540,700.00View SEC Filing  
8/26/2016Richard MorinCFOSell14,040$50.21$704,948.40View SEC Filing  
8/23/2016Richard MorinCFOSell4,260$50.21$213,894.60View SEC Filing  
8/19/2016Richard MorinCFOSell1,100$50.35$55,385.00View SEC Filing  
8/19/2016Theodor KrantzDirectorSell20,000$50.00$1,000,000.00View SEC Filing  
8/10/2016Richard MorinCFOSell45,000$49.90$2,245,500.00View SEC Filing  
8/5/2016Jeffrey Benjamin MillerDirectorSell20,000$49.51$990,200.00View SEC Filing  
8/4/2016Patrick AliasDirectorSell7,500$48.47$363,525.00View SEC Filing  
8/3/2016Robert WillettCEOSell125,000$47.93$5,991,250.00View SEC Filing  
6/9/2016Patrick AliasDirectorSell7,500$44.59$334,425.00View SEC Filing  
5/27/2016Reuben WassermanDirectorSell7,500$43.05$322,875.00View SEC Filing  
5/18/2016Eugene G BanucciDirectorBuy2,000$38.80$77,600.00View SEC Filing  
2/16/2016Bruce Robinson JDirectorBuy1,000$34.19$34,190.00View SEC Filing  
6/16/2015Reuben WassermanDirectorSell7,500$49.41$370,575.00View SEC Filing  
6/11/2015Patrick AliasDirectorSell7,500$49.51$371,325.00View SEC Filing  
6/10/2015Richard MorinCFOSell15,000$50.06$750,900.00View SEC Filing  
6/10/2015Robert WillettCEOSell100,000$50.04$5,004,000.00View SEC Filing  
8/25/2014Patrick AliasDirectorSell7,500$43.20$324,000.00View SEC Filing  
8/25/2014Robert WillettCEOSell22,750$43.57$991,217.50View SEC Filing  
8/19/2014Robert WillettCEOSell6,750$42.94$289,845.00View SEC Filing  
8/11/2014Richard MorinCFOSell23,400$43.06$1,007,604.00View SEC Filing  
7/30/2014Richard MorinCFOSell6,600$43.34$286,044.00View SEC Filing  
7/30/2014Robert WillettCEOSell20,500$43.05$882,525.00View SEC Filing  
5/27/2014Robert WillettCEOSell48,700$36.02$1,754,174.00View SEC Filing  
5/2/2014Robert WillettCEOSell1,300$35.00$45,500.00View SEC Filing  
2/28/2014Richard MorinCFOSell15,000$38.06$570,900.00View SEC Filing  
2/25/2014Reuben WassermanDirectorSell6,000$37.44$224,640.00View SEC Filing  
2/24/2014Robert WillettCEOSell50,000$37.59$1,879,500.00View SEC Filing  
11/22/2013Robert WillettCEOSell33,249$32.04$1,065,297.96View SEC Filing  
11/19/2013Robert WillettCEOSell14,951$31.84$476,039.84View SEC Filing  
10/30/2013Anthony SunDirectorSell30,000$32.82$984,600.00View SEC Filing  
10/30/2013Robert J ShillmanChairmanSell49,000$32.83$1,608,670.00View SEC Filing  
9/11/2013Robert WillettCEOSell25,000$63.61$1,590,250.00View SEC Filing  
9/9/2013Richard MorinCFOSell7,500$60.38$452,850.00View SEC Filing  
9/3/2013Robert WillettCEOSell25,000$57.81$1,445,250.00View SEC Filing  
8/29/2013Patrick AliasDirectorSell10,875$46.87$509,711.25View SEC Filing  
8/9/2013Patrick AliasDirectorSell10,875$46.17$502,098.75View SEC Filing  
8/1/2013Richard MorinCFOSell7,500$55.66$417,450.00View SEC Filing  
7/31/2013Robert WillettCEOSell25,000$53.07$1,326,750.00View SEC Filing  
5/30/2013Robert WillettCEOSell10,400$44.71$464,984.00View SEC Filing  
5/29/2013Robert WillettCEOSell14,600$44.59$651,014.00View SEC Filing  
5/13/2013Richard MorinCFOSell15,000$44.36$665,400.00View SEC Filing  
11/14/2012Robert J ShillmanChairmanSell9,611$35.02$336,577.22View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Cognex (NASDAQ:CGNX)
News IconUBS Asset Management Americas Inc. Has $3694000 Stake in Cognex Corporation (CGNX) - Petro Global News 24 (NASDAQ:CGNX) - February 24 at 4:25 PM logoHow Cognex Corp (CGNX) Stock Stands Out in a Strong Industry (NASDAQ:CGNX) - February 24 at 12:34 PM logoWill Cognex (CGNX) Continue to Surge Higher? (NASDAQ:CGNX) - February 23 at 4:13 PM
News IconNeedham & Company LLC Raises Cognex Co. (CGNX) Price Target to $80.00 (NASDAQ:CGNX) - February 22 at 4:23 PM logoCognex Corp. :CGNX-US: Earnings Analysis: 2016 By the Numbers : February 22, 2017 (NASDAQ:CGNX) - February 22 at 4:23 PM logoCOGNEX CORP Financials (NASDAQ:CGNX) - February 22 at 4:23 PM logoAs stocks surge, 19 Bay State companies hit all-time highs last week (NASDAQ:CGNX) - February 22 at 12:09 PM
News IconCognex Corporation (CGNX) Consensus EPS Outlook (NASDAQ:CGNX) - February 22 at 12:09 PM
News IconInvestor Watch: Zooming in on the Levels for Cognex Corporation (NASDAQ:CGNX) - Providence Standard (NASDAQ:CGNX) - February 21 at 2:52 PM logoCognex (CGNX) Catches Eye: Stock Adds 8.5% in Session (NASDAQ:CGNX) - February 21 at 2:52 PM logoCognex Corp. :CGNX-US: Earnings Analysis: Q4, 2016 By the Numbers : February 21, 2017 (NASDAQ:CGNX) - February 21 at 2:52 PM logo6 Stocks Spiking Higher With Unusual Volume (NASDAQ:CGNX) - February 21 at 2:52 PM
News IconLookout for Price Target? Cognex Corporation (CGNX), Allscripts ... - StockNewsJournal (NASDAQ:CGNX) - February 20 at 4:02 PM
News IconNeedham Just Issued "Buy" Rating on Cognex Corporation (CGNX) (NASDAQ:CGNX) - February 19 at 4:01 PM
News IconCognex Corporation Plans Quarterly Dividend of $0.08 (CGNX) (NASDAQ:CGNX) - February 19 at 4:01 PM logoUS stocks sprint to record high finish line (NASDAQ:CGNX) - February 19 at 11:24 AM
News Icon(CGNX) Price Target Raised to $80.00 at Needham & Company LLC (NASDAQ:CGNX) - February 19 at 11:24 AM
News IconAnalyst Observation On 2 Stocks: Cognex Corporation (CGNX), Allscripts Healthcare Solutions, Inc. (MDRX) - Post Analyst (NASDAQ:CGNX) - February 18 at 4:07 PM
News IconWhich Analysts Are Watching Cognex Corporation (NASDAQ:CGNX)? (NASDAQ:CGNX) - February 18 at 10:37 AM
News IconCognex Corporation (NASDAQ:CGNX) Receives An Update From Brokers (NASDAQ:CGNX) - February 18 at 10:37 AM logoCognex Corp (CGNX) Tops Q4 EPS by 14c; Guides Q1 Revs Above the Street (NASDAQ:CGNX) - February 17 at 5:53 PM logoCognex (CGNX) Q4 2016 Results - Earnings Call Transcript (NASDAQ:CGNX) - February 17 at 5:53 PM logoCognex Corporation : (CGNX) Jumps on Q4 Results (NASDAQ:CGNX) - February 17 at 5:53 PM logoCognex Corp. (CGNX) Has Climbed To A New High On Strong Q4 Earnings (NASDAQ:CGNX) - February 17 at 5:53 PM
News IconCognex Corporation (CGNX) Releases Earnings Results, Beats Expectations By $0.13 EPS (NASDAQ:CGNX) - February 17 at 5:53 PM logoEdited Transcript of CGNX earnings conference call or presentation 16-Feb-17 10:00pm GMT (NASDAQ:CGNX) - February 17 at 5:53 PM logoCognex Corporation Earnings Start 2017 on a Strong Note (NASDAQ:CGNX) - February 17 at 5:53 PM
News IconStock Indexes Quiet, But Apple Supplier Cognex Leaps 9% (NASDAQ:CGNX) - February 17 at 4:20 PM logoCognex Q4 Profit Rises YoY, Revenue Up 32%; John Curran Promoted To CFO (NASDAQ:CGNX) - February 16 at 9:25 PM logo4:14 pm Cognex beats by $0.13, beats on revs; guides Q1 revs above consensus (NASDAQ:CGNX) - February 16 at 9:25 PM logo4:14 pm Cognex beats by $0.13, beats on revs; guides Q1 revs above consensus (NASDAQ:CGNX) - February 16 at 9:25 PM logoCognex tops Street 4Q forecasts (NASDAQ:CGNX) - February 16 at 9:25 PM
News IconNoteworthy Thursday Option Activity: VECO, CGNX, AVP (NASDAQ:CGNX) - February 16 at 4:22 PM logoCognex Reports Record Results for Fourth Quarter and Full Year (NASDAQ:CGNX) - February 16 at 4:22 PM logoCognex Announces Retirement of CFO Richard A. Morin; John J. Curran Promoted to Chief Financial Officer (NASDAQ:CGNX) - February 16 at 4:22 PM logoCognex Declares Quarterly Cash Dividend (NASDAQ:CGNX) - February 16 at 4:22 PM logoCOGNEX CORP Files SEC form 8-K, Results of Operations and Financial Condition, Change in Directors or Principal Offic (NASDAQ:CGNX) - February 16 at 4:22 PM logoQ4 2016 Cognex Corp Earnings Release - After Market Close (NASDAQ:CGNX) - February 16 at 9:39 AM
News IconDelving into The Charts on Cognex Corporation (NASDAQ:CGNX) - Baldwin Journal (NASDAQ:CGNX) - February 14 at 5:00 PM
News IconA Look at the Technicals on Cognex Corporation (NASDAQ:CGNX) - Rives Journal (NASDAQ:CGNX) - February 10 at 3:15 PM
News IconMarket Center: Watching the Levels for Cognex Corporation (NASDAQ:CGNX) - Providence Standard (NASDAQ:CGNX) - February 10 at 3:15 PM logoCognex Corporation (NASDAQ:CGNX) Is Expected To Post EPS Of ... - (NASDAQ:CGNX) - February 8 at 9:35 PM
News IconTrading Watch: Reviewing the Numbers for Cognex Corporation (NASDAQ:CGNX) - Baldwin Journal (NASDAQ:CGNX) - February 8 at 9:35 PM
News IconPT Watch: Cognex Corporation (NASDAQ:CGNX) - Sherwood Daily (NASDAQ:CGNX) - February 6 at 4:20 PM
News IconRobotic: A New Machine Age (NASDAQ:CGNX) - February 3 at 4:31 PM logo7 Stocks Outperforming the Market (NASDAQ:CGNX) - February 2 at 4:31 PM
News IconFirms & Funds Maintain Significant Positions In Cognex Corporation (NASDAQ:CGNX) - Wall Street Beacon (NASDAQ:CGNX) - January 31 at 9:41 PM logoStrategy To YieldBoost CGNX From 0.5% To 9.5% Using Options - Nasdaq (NASDAQ:CGNX) - January 31 at 4:40 PM
News IconStock Review: ADX, MA, RSI Numbers in View for Cognex Corporation (CGNX) - Market Point (NASDAQ:CGNX) - January 29 at 2:32 AM logoCognex Corp. : CGNX-US: Dividend Analysis : December 02nd, 2016 (record date) : By the numbers : January 27, 2017 (NASDAQ:CGNX) - January 27 at 5:38 PM


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 announced a quarterly dividend on Thursday, February 16th. Shareholders of record on Friday, March 3rd will be given a dividend of $0.075 per share on Friday, March 17th. This represents a $0.30 annualized dividend and a yield of 0.39%. The ex-dividend date of this dividend is Wednesday, March 1st.

Where is Cognex's stock going? Where will Cognex's stock price be in 2017?

8 brokers have issued 1-year target prices for Cognex's shares. Their predictions range from $40.10 to $80.00. On average, they expect Cognex's stock price to reach $57.51 in the next twelve months.

When will Cognex announce their earnings?

Cognex is scheduled to release their next quarterly earnings announcement on Monday, May, 1st 2017.

Who owns Cognex stock?

Cognex's stock is owned by many different of retail and institutional investors. Top institutional investors include Brown Capital Management LLC (7.11%), Royce & Associates LP (2.52%), State Street Corp (2.40%), Artisan Partners Limited Partnership (1.34%), Pinnacle Associates Ltd. (1.30%) and Congress Asset Management Co. MA (1.23%). Company insiders that own Cognex stock include Bruce Robinson J, Eugene G Banucci, Jeffrey Benjamin Miller, Patrick Alias, Reuben Wasserman, Richard Morin, Robert Willett and Theodor Krantz.

Who sold Cognex stock? Who is selling Cognex stock?

Cognex's stock was sold by a variety of institutional investors in the last quarter, including Brown Capital Management LLC, Royce & Associates LP, Artisan Partners Limited Partnership, Franklin Resources Inc., Dimensional Fund Advisors LP, FIL Ltd, Thrivent Financial for Lutherans and Pinnacle Associates Ltd.. Company insiders that have sold Cognex stock in the last year include Bruce Robinson J, Jeffrey Benjamin Miller, Patrick Alias, Reuben Wasserman, Richard Morin, Robert Willett and Theodor Krantz.

Who bought Cognex stock? Who is buying Cognex stock?

Cognex's stock was bought by a variety of institutional investors in the last quarter, including Congress Asset Management Co. MA, FMR LLC, Ardevora Asset Management LLP, Allianz Asset Management AG, Sandler Capital Management, Federated Investors Inc. PA, Fiera Capital Corp and Russell Investments Group Ltd.. Company insiders that have bought Cognex stock in the last two years include Bruce Robinson J and Eugene G Banucci.

How do I buy Cognex stock?

Shares of Cognex can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Cognex stock cost?

One share of Cognex stock can currently be purchased for approximately $77.51.

Cognex (NASDAQ:CGNX) Chart for Monday, February, 27, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for Cognex (NASDAQ:CGNX)

Earnings History Chart

Earnings by Quarter for Cognex (NASDAQ:CGNX)

Dividend History Chart

Dividend Payments by Quarter for Cognex (NASDAQ:CGNX)

Last Updated on 2/27/2017 by Staff