NASDAQ:CGNX - Cognex Stock Price, News, & Analysis

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

Cognex announced a quarterly dividend on Monday, October 29th. Stockholders of record on Friday, November 16th will be paid a dividend of $0.05 per share on Friday, November 30th. This represents a $0.20 annualized dividend and a dividend yield of 0.48%. The ex-dividend date of this dividend is Thursday, November 15th. This is an increase from Cognex's previous quarterly dividend of $0.05. View Cognex's Dividend History.

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

Cognex declared that its board has approved a stock buyback program on Monday, October 29th 2018, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to reacquire up to 2.8% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

Cognex Co. (NASDAQ:CGNX) announced its quarterly earnings data on Monday, October, 29th. The scientific and technical instruments company reported $0.45 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.08. The scientific and technical instruments company earned $232.22 million during the quarter, compared to analysts' expectations of $227.15 million. Cognex had a return on equity of 20.88% and a net margin of 18.52%. The business's quarterly revenue was down 12.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.14 earnings per share. View Cognex's Earnings History.

Cognex is scheduled to release their next quarterly earnings announcement on Thursday, February 14th 2019. View Earnings Estimates for Cognex.

Cognex updated its fourth quarter 2018 earnings guidance on Monday, October, 29th. The company provided EPS guidance of for the period. The company issued revenue guidance of $180-190 million, compared to the consensus revenue estimate of $200.09 million.

12 analysts have issued 12 month price targets for Cognex's stock. Their predictions range from $40.00 to $80.00. On average, they anticipate Cognex's share price to reach $51.4636 in the next year. This suggests a possible upside of 24.3% from the stock's current price. View Analyst Price Targets for Cognex.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last year. There are currently 1 sell rating, 5 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cognex.

Media stories about CGNX stock have been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Cognex earned a news sentiment score of -1.6 on InfoTrie's scale. They also assigned news coverage about the scientific and technical instruments company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Some companies that are related to Cognex include Roper Technologies (ROP), Fortive (FTV), Keysight Technologies (KEYS), Sensata Technologies (ST), MKS Instruments (MKSI), Esterline Technologies (ESL), Orbotech (ORBK), Mesa Laboratories (MLAB), Rudolph Technologies (RTEC), Hurco Companies (HURC), Clearsign Combustion (CLIR), Hickok (HICKA), International Isotopes (INIS), Sypris Solutions (SYPR) and Electro-Sensors (ELSE).

Cognex's stock is owned by a number of of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (0.31%), Retirement Systems of Alabama (0.15%), Louisiana State Employees Retirement System (0.03%), DNB Asset Management AS (0.01%) and First Hawaiian Bank (0.00%). Company insiders that own Cognex stock include Anthony Sun, Bruce Robinson J, Jeffrey Benjamin Miller, Jerry A Schneider, John J Curran, Patrick Alias, Robert Willett and Theodor Krantz. View Institutional Ownership Trends for Cognex.

CGNX stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Riverbridge Partners LLC, Retirement Systems of Alabama, Louisiana State Employees Retirement System and First Hawaiian Bank. Company insiders that have sold Cognex company stock in the last year include Anthony Sun and Jerry A Schneider. View Insider Buying and Selling for Cognex.

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

One share of CGNX stock can currently be purchased for approximately $41.40.

Cognex has a market capitalization of $7.16 billion and generates $747.95 million in revenue each year. The scientific and technical instruments company earns $177.17 million in net income (profit) each year or $1.45 on an earnings per share basis. Cognex employs 1,771 workers across the globe.

The official website for Cognex is http://www.cognex.com.

Cognex's mailing address is ONE VISION DRIVE, NATICK MA, 01760. The scientific and technical instruments company can be reached via phone at 508-650-3000 or via email at [email protected]