NASDAQ:CGNX - Cognex Stock Price, Price Target & More

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$45.11 -0.31 (-0.68 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$45.42
Today's Range$44.84 - $46.00
52-Week Range$39.90 - $72.99
Volume1.92 million shs
Average Volume2.02 million shs
Market Capitalization$7.86 billion
P/E Ratio31.11
Dividend Yield0.40%
Beta1.57
Cognex logoCognex Corporation provides machine vision products that capture and analyze visual information in order to automate tasks primarily in manufacturing processes worldwide. The company offers machine vision products, which are used to automate the manufacturing 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. Its products include VisionPro, a software suite that provides various vision tools for programming; displacement sensors with vision software for use in 3D application; In-Sight vision systems that perform various vision tasks, including part location, identification, measurement, assembly verification, and robotic guidance; In-Sight vision sensors; ID products, including DataMan barcode readers and barcode verifiers, as well as vision-enabled mobile terminals for industrial barcode reading applications; and barcode scanning software development kits. The company sells its products to customers in the consumer electronics and automotive industries, and semiconductor and electronics capital equipment markets through direct sales force, as well as through a network of distributors and integrators. Cognex Corporation was founded in 1981 and is headquartered in Natick, Massachusetts.

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Industry, Sector and Symbol

Industry Process control instruments
Sub-IndustryElectronic Equipment & Instruments
SectorComputer and Technology
SymbolNASDAQ:CGNX
CUSIP19242210
Phone508-650-3000

Debt

Debt-to-Equity RatioN/A
Current Ratio5.93
Quick Ratio5.08

Price-To-Earnings

Trailing P/E Ratio31.11
Forward P/E Ratio39.23
P/E GrowthN/A

Sales & Book Value

Annual Sales$747.95 million
Price / Sales10.43
Cash Flow$1.5878 per share
Price / Cash28.41
Book Value$6.33 per share
Price / Book7.13

Profitability

EPS (Most Recent Fiscal Year)$1.45
Net Income$177.17 million
Net Margins21.56%
Return on Equity23.08%
Return on Assets20.22%

Miscellaneous

Employees1,771
Outstanding Shares172,950,000

Cognex (NASDAQ:CGNX) Frequently Asked Questions

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 Monday, April 30th. Investors of record on Friday, May 18th will be given a dividend of $0.045 per share on Friday, June 1st. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date of this dividend is Thursday, May 17th. View Cognex's Dividend History.

When did Cognex's stock split? How did Cognex's stock split work?

Cognex's stock split before market open on Monday, December 4th 2017. The 2-1 split was announced on Monday, October 30th 2017. The newly created shares were payable to shareholders after the market closes 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.

How will Cognex's stock buyback program work?

Cognex announced that its Board of Directors has initiated a share repurchase program on Friday, February 16th 2018, which allows the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's leadership believes its shares are undervalued.

How were Cognex's earnings last quarter?

Cognex Co. (NASDAQ:CGNX) issued its quarterly earnings data on Thursday, February, 15th. The scientific and technical instruments company reported $0.30 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $0.05. The scientific and technical instruments company earned $180.37 million during the quarter, compared to the consensus estimate of $178.75 million. Cognex had a net margin of 21.56% and a return on equity of 23.08%. The business's revenue for the quarter was up 39.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.20 earnings per share. View Cognex's Earnings History.

When is Cognex's next earnings date?

Cognex is scheduled to release their next quarterly earnings announcement on Monday, July, 30th 2018. View Earnings Estimates for Cognex.

What price target have analysts set for CGNX?

9 brokers have issued 1 year price targets for Cognex's shares. Their forecasts range from $40.00 to $80.00. On average, they anticipate Cognex's share price to reach $57.4167 in the next year. View Analyst Ratings for Cognex.

Are investors shorting Cognex?

Cognex saw a drop in short interest in May. As of May 31st, there was short interest totalling 8,317,405 shares, a drop of 16.8% from the May 15th total of 9,992,092 shares. Based on an average daily trading volume, of 1,428,495 shares, the days-to-cover ratio is presently 5.8 days. Currently, 5.0% of the company's shares are sold short. View Cognex's Current Options Chain.

Who are some of Cognex's key competitors?

Who are Cognex's key executives?

Cognex's management team includes the folowing people:
  • Mr. Robert J. Willett, CEO, Pres, Exec. Director & Pres of Modular Vision Systems Division (Age 50)
  • Mr. John J. Curran, Exec. VP of Fin. & Admin., Treasurer and CFO (Age 52)
  • Mr. Richard A. Morin, Sr. VP & Sec. (Age 68)
  • Ms. Sheila DiPalma, Sr. VP of Corp. Employee Services & Corp. Officer (Age 51)
  • Dr. Robert J. Shillman, Founder, Exec. Chairman & Chief Culture Officer (Age 71)

Has Cognex been receiving favorable news coverage?

News stories about CGNX stock have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Cognex earned a media sentiment score of 0.14 on Accern's scale. They also assigned press coverage about the scientific and technical instruments company an impact score of 45.71 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Who are Cognex's major shareholders?

Cognex's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.66%), Neuberger Berman Group LLC (2.01%), Franklin Resources Inc. (1.52%), OppenheimerFunds Inc. (1.46%), Eagle Asset Management Inc. (1.37%) and Bamco Inc. NY (1.07%). Company insiders that own Cognex stock include Anthony Sun, Bruce Robinson J, Jeffrey Benjamin Miller, Jerry A Schneider, John J Curran, Patrick Alias, Richard Morin, Robert Willett and Theodor Krantz. View Institutional Ownership Trends for Cognex.

Which major investors are selling Cognex stock?

CGNX stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Carillon Tower Advisers Inc., Eagle Asset Management Inc., Prudential Financial Inc., OppenheimerFunds Inc., Artisan Partners Limited Partnership, Federated Investors Inc. PA and Millennium Management LLC. Company insiders that have sold Cognex company stock in the last year include Anthony Sun, Bruce Robinson J, Jeffrey Benjamin Miller, Jerry A Schneider, John J Curran, Patrick Alias, Robert Willett and Theodor Krantz. View Insider Buying and Selling for Cognex.

Which major investors are buying Cognex stock?

CGNX stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Old Mutual Global Investors UK Ltd., Franklin Resources Inc., Ownership Capital B.V., Legal & General Group Plc, Baird Financial Group Inc., Allianz Asset Management GmbH and Allianz Asset Management GmbH. View Insider Buying and Selling for Cognex.

How do I buy shares of 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.

What is Cognex's stock price today?

One share of CGNX stock can currently be purchased for approximately $45.11.

How big of a company is Cognex?

Cognex has a market capitalization of $7.86 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.

How can I contact Cognex?

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]


MarketBeat Community Rating for Cognex (CGNX)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  313 (Vote Outperform)
Underperform Votes:  296 (Vote Underperform)
Total Votes:  609
MarketBeat's community ratings are surveys of what our community members think about Cognex and other stocks. Vote "Outperform" if you believe CGNX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CGNX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/22/2018 by MarketBeat.com Staff

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