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

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$50.73 +1.86 (+3.81 %)
(As of 02/18/2019 07:35 AM ET)
Previous Close$48.87
Today's Range$49.91 - $52.04
52-Week Range$34.88 - $59.18
Volume3.50 million shs
Average Volume1.40 million shs
Market Capitalization$8.74 billion
P/E Ratio34.99
Dividend Yield0.41%
Beta1.89
Cognex 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
Current SymbolNASDAQ:CGNX
CUSIP19242210
Phone508-650-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$747.95 million
Cash Flow$1.6444 per share
Book Value$6.33 per share

Profitability

Net Income$177.17 million

Miscellaneous

Employees1,771
Market Cap$8.74 billion
OptionableOptionable

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 declared a quarterly dividend on Friday, February 15th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.05 per share on Friday, March 15th. This represents a $0.20 annualized dividend and a dividend yield of 0.39%. The ex-dividend date is Thursday, February 28th. 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 minted shares were distributed 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.

How will Cognex's stock buyback program work?

Cognex declared that its Board of Directors has authorized a stock repurchase program on Monday, October 29th 2018, which authorizes the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 2.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.

How were Cognex's earnings last quarter?

Cognex Co. (NASDAQ:CGNX) posted its quarterly earnings data on Thursday, February, 14th. The scientific and technical instruments company reported $0.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.22 by $0.04. The scientific and technical instruments company earned $193.29 million during the quarter, compared to analysts' expectations of $184.82 million. Cognex had a return on equity of 20.88% and a net margin of 18.52%. The firm's revenue was up 5.7% on a year-over-year basis. During the same quarter last year, the firm posted ($0.16) 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, April 29th 2019. View Earnings Estimates for Cognex.

What guidance has Cognex issued on next quarter's earnings?

Cognex updated its first quarter 2019 earnings guidance on Thursday, February, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $165-175 million, compared to the consensus revenue estimate of $177.03 million.

What price target have analysts set for CGNX?

11 brokers have issued 12-month price objectives for Cognex's stock. Their predictions range from $40.00 to $57.00. On average, they anticipate Cognex's share price to reach $48.91 in the next year. This suggests that the stock has a possible downside of 3.6%. View Analyst Price Targets for Cognex.

What is the consensus analysts' recommendation for Cognex?

11 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 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cognex.

Has Cognex been receiving favorable news coverage?

News headlines about CGNX stock have been trending neutral recently, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cognex earned a news impact score of 0.4 on InfoTrie's scale. They also assigned media coverage about the scientific and technical instruments company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

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 (Age 50)
  • Mr. John J. Curran, Sr. 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)

Who are Cognex's major shareholders?

Cognex's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (10.20%), Bank of New York Mellon Corp (5.09%), Eagle Asset Management Inc. (2.14%), Oregon Public Employees Retirement Fund (1.99%), Geode Capital Management LLC (1.15%) and New York State Common Retirement Fund (1.04%). 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.

Which major investors are selling Cognex stock?

CGNX stock was sold by a variety of institutional investors in the last quarter, including Congress Asset Management Co. MA, BlackRock Inc., Bank of America Corp DE, Handelsbanken Fonder AB, Los Angeles Capital Management & Equity Research Inc., Stifel Financial Corp, Pinnacle Associates Ltd. and Copeland Capital Management LLC. 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.

Which major investors are buying Cognex stock?

CGNX stock was purchased by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Fundsmith LLP, Sumitomo Mitsui Asset Management Company LTD, Eagle Asset Management Inc., Manning & Napier Group LLC, First Trust Advisors LP, Bank of New York Mellon Corp and Polar Capital LLP. 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 $50.73.

How big of a company is Cognex?

Cognex has a market capitalization of $8.74 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.

What is Cognex's official website?

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

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 (NASDAQ CGNX)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  390 (Vote Outperform)
Underperform Votes:  382 (Vote Underperform)
Total Votes:  772
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 2/18/2019 by MarketBeat.com Staff

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