NASDAQ:CGNXCognex Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cognex Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $61.54 -0.34 (-0.55 %) (As of 07/7/2020 12:43 PM ET) Add Compare Share Today's Range$61.44Now: $61.54▼$62.3050-Day Range$54.57MA: $58.74▼$63.1152-Week Range$35.20Now: $61.54▼$64.28Volume311,662 shsAverage Volume1.10 million shsMarket Capitalization$10.57 billionP/E Ratio55.95Dividend Yield0.36%Beta1.79 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate tasks primarily in manufacturing processes worldwide. It provides machine vision products, which are used to automate the manufacture and tracking of discrete items, including mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. The company offers VisionPro software, a suite of patented vision tools for advanced programming; Cognex Designer that allows customers to build vision applications with a graphical flowchart-based programming environment; and Cognex ViDi, a deep learning-based image analysis software. It also provides general-purpose vision systems for vision tasks, including part location, identification, measurement, assembly verification, and robotic guidance; and vision sensors for vision applications, such as checking the presence and size of parts comprising In-Sight product line of vision systems and a range of 3D vision systems. In addition, the company offers ID products comprising DataMan image-based barcode readers and barcode verifiers, as well as vision-enabled mobile terminals for industrial barcode reading applications. It 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. The company was founded in 1981 and is headquartered in Natick, Massachusetts.Read More Beat the Market (BTM) Rank™ 1.9 Analyst's Opinion Consensus RatingCognex has received a consensus rating of Hold. The company's average rating score is 1.82, and is based on 2 buy ratings, 5 hold ratings, and 4 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $48.90, Cognex has a potential downside of 20.5% from its current price of $61.54.Amount of Analyst CoverageCognex has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.4 Community Rank Outperform VotesCognex has received 465 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCognex has received 510 “underperform” votes. (Add your “underperform” vote.)Community SentimentCognex has received 52.31% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend YieldCognex has a dividend yield of 0.36%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthCognex has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of Cognex is 18.97%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Cognex will have a dividend payout ratio of 24.72% next year. This indicates that Cognex will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cognex insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.20% of the stock of Cognex is held by insiders.Percentage Held by Institutions94.01% of the stock of Cognex is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Cognex are expected to grow by 50.85% in the coming year, from $0.59 to $0.89 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cognex is 55.95, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Cognex is 55.95, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 43.40.Price to Book Value per Share RatioCognex has a P/B Ratio of 7.84. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.9Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.10 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Process control instruments Sub-IndustryElectronic Equipment & Instruments SectorComputer and Technology Current SymbolNASDAQ:CGNX Previous Symbol CUSIP19242210 CIK851205 Webwww.cognex.com Phone508-650-3000Debt Debt-to-Equity Ratio0.01 Current Ratio3.95 Quick Ratio3.59Price-To-Earnings Trailing P/E Ratio55.95 Forward P/E Ratio104.31 P/E GrowthN/A Sales & Book Value Annual Sales$725.63 million Price / Sales14.56 Cash Flow$1.35 per share Price / Cash Flow45.71 Book Value$7.85 per share Price / Book7.84Profitability EPS (Most Recent Fiscal Year)$1.16 Net Income$203.87 million Net Margins26.58% Return on Equity14.96% Return on Assets11.75%Miscellaneous Employees2,267 Outstanding Shares171,690,000Market Cap$10.57 billion Next Earnings Date7/29/2020 (Confirmed) OptionableOptionable NASDAQ:CGNX Rates by TradingView Receive CGNX News and Ratings via Email Sign-up to receive the latest news and ratings for CGNX and its competitors with MarketBeat's FREE daily newsletter. Cognex (NASDAQ:CGNX) Frequently Asked Questions How has Cognex's stock been impacted by COVID-19 (Coronavirus)? Cognex's stock was trading at $39.40 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CGNX shares have increased by 56.2% and is now trading at $61.54. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Cognex? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last year. There are currently 4 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Cognex. When is Cognex's next earnings date? Cognex is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Cognex. How were Cognex's earnings last quarter? Cognex Co. (NASDAQ:CGNX) released its quarterly earnings results on Monday, April, 27th. The scientific and technical instruments company reported $0.11 EPS for the quarter, topping the Zacks' consensus estimate of $0.08 by $0.03. The scientific and technical instruments company earned $167.20 million during the quarter, compared to the consensus estimate of $154.89 million. Cognex had a return on equity of 14.96% and a net margin of 26.58%. Cognex's revenue for the quarter was down 3.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.17 earnings per share. View Cognex's earnings history. How often does Cognex pay dividends? What is the dividend yield for Cognex? Cognex announced a quarterly dividend on Monday, April 27th. Shareholders of record on Friday, May 15th will be paid a dividend of $0.055 per share on Friday, May 29th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date is Thursday, May 14th. View Cognex's dividend history. When did Cognex's stock split? How did Cognex's stock split work? Cognex's stock split on the morning of Monday, December 4th 2017. The 2-1 split was announced on Monday, October 30th 2017. The newly issued shares were distributed 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 has authorized a stock buyback program on Monday, October 29th 2018, which permits the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 2.8% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued. What price target have analysts set for CGNX? 11 brokers have issued 12-month price objectives for Cognex's shares. Their forecasts range from $36.00 to $60.00. On average, they anticipate Cognex's stock price to reach $48.90 in the next twelve months. This suggests that the stock has a possible downside of 20.5%. View analysts' price targets for Cognex. Has Cognex been receiving favorable news coverage? Press coverage about CGNX stock has trended negative on Tuesday, InfoTrie reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cognex earned a news impact score of -2.1 on InfoTrie's scale. They also assigned news stories about the scientific and technical instruments company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Cognex. Are investors shorting Cognex? Cognex saw a decrease in short interest in the month of June. As of June 15th, there was short interest totaling 6,770,000 shares, a decrease of 17.6% from the May 31st total of 8,220,000 shares. Based on an average trading volume of 1,340,000 shares, the short-interest ratio is currently 5.1 days. Approximately 4.1% of the shares of the stock are short sold. View Cognex's Current Options Chain. Who are some of Cognex's key competitors? Some companies that are related to Cognex include FLIR Systems (FLIR), National Instruments (NATI), Coherent (COHR), Itron (ITRI), Badger Meter (BMI), OSI Systems (OSIS), Mesa Laboratories (MLAB), FARO Technologies (FARO), MTS Systems (MTSC), Vishay Precision Group (VPG) and Daktronics (DAKT). View all competitors. What other stocks do shareholders of Cognex own? Based on aggregate information from My MarketBeat watchlists, some companies that other Cognex investors own include NVIDIA (NVDA), Alibaba Group (BABA), Arista Networks (ANET), Paypal (PYPL), Micron Technology (MU), Netflix (NFLX), Walt Disney (DIS), Advanced Micro Devices (AMD), Activision Blizzard (ATVI) and Skyworks Solutions (SWKS). Who are Cognex's key executives? Cognex's management team includes the following people: Dr. Robert J. Shillman, Founder, Exec. Chairman & Chief Culture Officer (Age 72)Mr. Robert J. Willett, CEO, Pres & Exec. Director (Age 51)Mr. John J. Curran, Sr. VP of Fin. & Admin., Treasurer and CFO (Age 53)Ms. Sheila M DiPalma CPA, Sr. VP of Corp. Employee Services & Corp. Officer (Age 52)Ms. Susan Conway, Sr. Director of Investor Relations What is Cognex's stock symbol? Cognex trades on the NASDAQ under the ticker symbol "CGNX." 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, Robinhood, Fidelity, and Charles Schwab. What is Cognex's stock price today? One share of CGNX stock can currently be purchased for approximately $61.54. How big of a company is Cognex? Cognex has a market capitalization of $10.57 billion and generates $725.63 million in revenue each year. The scientific and technical instruments company earns $203.87 million in net income (profit) each year or $1.16 on an earnings per share basis. Cognex employs 2,267 workers across the globe. What is Cognex's official website? The official website for Cognex is 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] This page was last updated on 7/7/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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