NASDAQ:CGNX - Cognex Stock Price, Forecast & News

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

Cognex announced a quarterly dividend on Thursday, February 13th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.055 per share on Friday, March 13th. This represents a $0.22 annualized dividend and a dividend yield of 0.49%. The ex-dividend date is Thursday, February 27th. View Cognex's Dividend History.

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 issued 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.

Cognex announced that its board has approved a stock repurchase plan on Monday, October 29th 2018, which permits the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to buy up to 2.8% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's board of directors believes its stock is undervalued.

Cognex Co. (NASDAQ:CGNX) announced its quarterly earnings data on Thursday, February, 13th. The scientific and technical instruments company reported $0.11 EPS for the quarter, missing the Zacks' consensus estimate of $0.13 by $0.02. The scientific and technical instruments company had revenue of $169.77 million for the quarter, compared to analysts' expectations of $161.20 million. Cognex had a return on equity of 16.39% and a net margin of 28.09%. View Cognex's Earnings History.

Cognex is scheduled to release their next quarterly earnings announcement on Monday, May 4th 2020. View Earnings Estimates for Cognex.

Cognex updated its first quarter 2020 After-Hours earnings guidance on Thursday, February, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $155-170 million, compared to the consensus revenue estimate of $177.09 million.

10 brokers have issued 1 year target prices for Cognex's shares. Their forecasts range from $36.00 to $60.00. On average, they expect Cognex's share price to reach $49.11 in the next year. This suggests a possible upside of 10.3% from the stock's current price. View Analyst Price Targets for Cognex.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last year. There are currently 1 sell rating, 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cognex.

Media coverage about CGNX stock has trended extremely negative this week, according to InfoTrie. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Cognex earned a news sentiment score of -4.6 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, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Cognex.

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).

Based on aggregate information from My MarketBeat watchlists, some companies that other Cognex investors own include NVIDIA (NVDA), Alibaba Group (BABA), Paypal (PYPL), Arista Networks (ANET), Netflix (NFLX), Walt Disney (DIS), Micron Technology (MU), Activision Blizzard (ATVI), Advanced Micro Devices (AMD) and Baidu (BIDU).

Cognex's stock is owned by a number of of retail and institutional investors. Top institutional investors include Wealth Quarterback LLC (111.48%), Bank of New York Mellon Corp (7.40%), State Street Corp (3.10%), Janus Henderson Group PLC (2.92%), Fred Alger Management LLC (2.54%) and Eagle Asset Management Inc. (2.21%). Company insiders that own Cognex stock include Anthony Sun, Dianne M Parrotte, Jerry A Schneider, John J Curran, Laura Ann Macdonald, Robert Willett, Sheila Marie Dipalma and Theodor Krantz. View Institutional Ownership Trends for Cognex.

CGNX stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., DekaBank Deutsche Girozentrale, AXA, Janus Henderson Group PLC, New York State Common Retirement Fund, Bamco Inc. NY, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp and Pinnacle Associates Ltd.. Company insiders that have sold Cognex company stock in the last year include Dianne M Parrotte, Jerry A Schneider, John J Curran, Laura Ann Macdonald, Robert Willett, Sheila Marie Dipalma and Theodor Krantz. View Insider Buying and Selling for Cognex.

CGNX stock was purchased by a variety of institutional investors in the last quarter, including Wealth Quarterback LLC, Fred Alger Management LLC, Bank of New York Mellon Corp, Beacon Investment Advisory Services Inc., Barclays PLC, Jennison Associates LLC, Pictet Asset Management Ltd. and FMR LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of CGNX stock can currently be purchased for approximately $44.54.

Cognex has a market capitalization of $7.69 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.View Additional Information About Cognex.

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]