Cognex - CGNX Stock Forecast, Price & News

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last twelve months. There are currently 1 sell rating, 4 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" CGNX shares.
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12 brokerages have issued twelve-month target prices for Cognex's shares. Their CGNX share price forecasts range from $41.00 to $80.00. On average, they anticipate the company's stock price to reach $57.75 in the next year. This suggests a possible upside of 19.1% from the stock's current price.
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Cognex's stock was trading at $77.76 on January 1st, 2022. Since then, CGNX stock has decreased by 37.7% and is now trading at $48.48.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our CGNX earnings forecast.

Cognex Co. (NASDAQ:CGNX) posted its quarterly earnings data on Tuesday, August, 2nd. The scientific and technical instruments company reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.36 by $0.05. Cognex had a trailing twelve-month return on equity of 19.19% and a net margin of 23.82%. During the same period in the prior year, the firm posted $0.43 EPS.

Cognex declared a quarterly dividend on Tuesday, August 2nd. Investors of record on Friday, August 19th will be paid a dividend of $0.065 per share on Friday, September 2nd. This represents a $0.26 dividend on an annualized basis and a dividend yield of 0.54%. The ex-dividend date of this dividend is Thursday, August 18th.
Read our dividend analysis for CGNX.

Cognex (NASDAQ:CGNX) pays an annual dividend of $0.26 per share and currently has a dividend yield of 0.54%. The company has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 17.81%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CGNX will have a dividend payout ratio of 20.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CGNX.

Shares of Cognex split before market open on Monday, December 4th 2017. The 2-1 split was announced on Monday, October 30th 2017. The newly minted shares were payable 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.

Cognex updated its third quarter 2022 earnings guidance on Tuesday, August, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $160.00 million-$180.00 million, compared to the consensus revenue estimate of $290.25 million.

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

Cognex's stock is owned by many different institutional and retail investors. Top institutional shareholders include Lazard Asset Management LLC (2.01%), Eagle Asset Management Inc. (1.38%), William Blair Investment Management LLC (1.20%), Principal Financial Group Inc. (1.19%), Allspring Global Investments Holdings LLC (1.18%) and Sumitomo Mitsui Trust Holdings Inc. (1.12%). Insiders that own company stock include Anthony Sun, Carl Gerst, Dianne M Parrotte, Eugene G Banucci, Jerry A Schneider, Jerry A Schneider, Laura Ann Macdonald, Patrick Alias, Paul Todgham, Robert Willett, Sheila Marie Dipalma and Theodor Krantz.
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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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One share of CGNX stock can currently be purchased for approximately $48.48.

Cognex (NASDAQ:CGNX) has a market capitalization of $8.41 billion and generates $1.04 billion in revenue each year. The scientific and technical instruments company earns $279.88 million in net income (profit) each year or $1.46 on an earnings per share basis.

The company employs 2,257 workers across the globe.

Cognex was founded in 1981.

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.