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.
Industry, Sector and Symbol
Industry Process control instruments
Sub-IndustryElectronic Equipment & Instruments
SectorComputer and Technology
Phone508-650-3000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$747.95 million
Profitability
Miscellaneous
Employees1,771
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 Monday, October 29th. Shareholders of record on Friday, November 16th will be given a dividend of $0.05 per share on Friday, November 30th. This represents a $0.20 dividend on an annualized basis and a yield of 0.47%. The ex-dividend date of this dividend is Thursday, November 15th. This is a positive change from Cognex's previous quarterly dividend of $0.05. 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 issued 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.
How will Cognex's stock buyback program work?
Cognex announced that its board has authorized a stock repurchase plan on Monday, October 29th 2018, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to purchase up to 2.8% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.
How were Cognex's earnings last quarter?
Cognex Co. (NASDAQ:CGNX) released its earnings results on Monday, October, 29th. The scientific and technical instruments company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.37 by $0.08. The scientific and technical instruments company earned $232.22 million during the quarter, compared to analyst estimates of $227.15 million. Cognex had a net margin of 18.52% and a return on equity of 20.88%. Cognex's revenue for the quarter was down 12.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.14 EPS. View Cognex's Earnings History.
When is Cognex's next earnings date?
How can I listen to Cognex's earnings call?
Cognex will be holding an earnings conference call on Thursday, February 14th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8777044573.
What guidance has Cognex issued on next quarter's earnings?
Cognex issued an update on its fourth quarter 2018 earnings guidance on Monday, October, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $180-190 million, compared to the consensus revenue estimate of $200.09 million.
What price target have analysts set for CGNX?
12 brokerages have issued 12 month target prices for Cognex's shares. Their forecasts range from $40.00 to $80.00. On average, they expect Cognex's stock price to reach $51.4636 in the next twelve months. This suggests a possible upside of 19.9% from the stock's current price. View Analyst Price Targets for Cognex.
What is the consensus analysts' recommendation for Cognex?
12 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 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cognex.
Has Cognex been receiving favorable news coverage?
Media stories about CGNX stock have trended somewhat negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cognex earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave news headlines about the scientific and technical instruments company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the next few days.
Who are some of Cognex's key competitors?
Some companies that are related to Cognex include Roper Technologies (ROP), Fortive (FTV), Keysight Technologies (KEYS), Sensata Technologies (ST), MKS Instruments (MKSI), Esterline Technologies (ESL), Orbotech (ORBK), Mesa Laboratories (MLAB), Rudolph Technologies (RTEC), Hurco Companies (HURC), Clearsign Combustion (CLIR), Hickok (HICKA), International Isotopes (INIS), Sypris Solutions (SYPR) and Electro-Sensors (ELSE).
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 number of of retail and institutional investors. Top institutional investors include Riverbridge Partners LLC (0.31%), Retirement Systems of Alabama (0.15%), Dock Street Asset Management Inc. (0.10%), Louisiana State Employees Retirement System (0.03%), Nisa Investment Advisors LLC (0.02%) and Arcadia Investment Management Corp MI (0.01%). 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 institutional investors are selling Cognex stock?
CGNX stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS, Riverbridge Partners LLC, Retirement Systems of Alabama, Arcadia Investment Management Corp MI, Louisiana State Employees Retirement System and First Hawaiian Bank. 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 institutional investors are buying Cognex stock?
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 $42.94.
How big of a company is Cognex?
Cognex has a market capitalization of $7.13 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?
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)
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.
