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A gold storm is coming… (Ad)
Disney World unions vote down offer covering 45,000 workers
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S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
A gold storm is coming… (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
A gold storm is coming… (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
S&P 500   3,852.36
DOW   32,920.46
QQQ   306.18
MarketBeat Week in Review – 1/30 - 2/3
A gold storm is coming… (Ad)
State of the Union: Biden sees economic glow, GOP sees gloom
Why a new Alzheimer's drug is having a slow US debut
A gold storm is coming… (Ad)
Sri Lanka marks independence anniversary amid economic woes
Tesla hikes price of Model Y after US alters tax credit rule
A gold storm is coming… (Ad)
Disney World unions vote down offer covering 45,000 workers
Route to Super Bowl dangerous for Mexico's avocado haulers
NASDAQ:CGNX

Cognex - CGNX Stock Forecast, Price & News

$55.90
-1.14 (-2.00%)
(As of 02/3/2023 12:00 AM ET)
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Compare
Today's Range
$55.50
$56.55
50-Day Range
$46.15
$57.04
52-Week Range
$40.21
$80.30
Volume
665,881 shs
Average Volume
727,161 shs
Market Capitalization
$9.67 billion
P/E Ratio
46.20
Dividend Yield
0.49%
Price Target
$51.92

Cognex MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
7.1% Downside
$51.92 Price Target
Short Interest
Healthy
2.95% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.12
Upright™ Environmental Score
News Sentiment
0.50mentions of Cognex in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$2.60 M Sold Last Quarter
Proj. Earnings Growth
8.41%
From $1.07 to $1.16 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.32 out of 5 stars

Computer And Technology Sector

182nd out of 610 stocks

Process Control Instruments Industry

5th out of 10 stocks

CGNX stock logo

About Cognex (NASDAQ:CGNX) Stock

Cognex Corp. engages in the provision of machine vision technologies. Its products 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 solutions include alignment, dimensioning, item detection, edge intelligence, logistics barcode reading systems and tunnels, water identification, and tire inspection. It operates through the following geographical segments: United States, Europe, Greater China, and Other. The company was founded by Robert J. Shillman, William Silver and Marilyn Matz in 1981 and is headquartered in Natick, MA.

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CGNX Stock News Headlines

Cognex (NASDAQ:CGNX) Stock Rating Lowered by Northcoast Research
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
1 Growth Stock Down 39% to Buy Right Now
What 6 Analyst Ratings Have To Say About Cognex
“Future Fuel” will unleash $11 trillion wave of wealth
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
Cognex PT Raised to $61 at Berenberg
Cognex (CGNX) Q3 2022 Earnings Call Transcript
A Look At The Fair Value Of Cognex Corporation (NASDAQ:CGNX)
See More Headlines
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CGNX Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 12/2 Dividend
11/17/2022
Dividend Payable
12/02/2022
Today
2/04/2023
Next Earnings (Confirmed)
2/16/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Process control instruments
Sub-Industry
Electronic Equipment & Instruments
Current Symbol
NASDAQ:CGNX
CUSIP
19242210
Employees
2,257
Year Founded
1981

Price Target and Rating

Average Stock Price Forecast
$51.92
High Stock Price Forecast
$80.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
-7.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
12 Analysts

Profitability

Net Income
$279.88 million
Pretax Margin
24.68%

Debt

Sales & Book Value

Annual Sales
$1.04 billion
Cash Flow
$1.66 per share
Book Value
$8.22 per share

Miscellaneous

Free Float
165,840,000
Market Cap
$9.67 billion
Optionable
Optionable
Beta
1.60

Social Links


Key Executives

  • Robert J. WillettRobert J. Willett
    President, Chief Executive Officer & Director
  • Paul D. TodghamPaul D. Todgham
    Chief Financial Officer & Senior VP-Finance
  • Joerg Kuechen
    CTO & Senior VP-Advanced Vision Technology
  • Patrick A. Alias
    Non-Executive Director & Senior Vice President
  • Laura A. MacDonald
    Vice President & Controller













CGNX Stock - Frequently Asked Questions

Should I buy or sell Cognex stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last twelve months. There are currently 4 sell ratings, 5 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CGNX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CGNX, but not buy additional shares or sell existing shares.
View CGNX analyst ratings
or view top-rated stocks.

What is Cognex's stock price forecast for 2023?

12 equities research analysts have issued 12-month price objectives for Cognex's shares. Their CGNX share price forecasts range from $40.00 to $80.00. On average, they predict the company's share price to reach $51.92 in the next twelve months. This suggests that the stock has a possible downside of 7.1%.
View analysts price targets for CGNX
or view top-rated stocks among Wall Street analysts.

How have CGNX shares performed in 2023?

Cognex's stock was trading at $47.11 on January 1st, 2023. Since then, CGNX shares have increased by 18.7% and is now trading at $55.90.
View the best growth stocks for 2023 here
.

When is Cognex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our CGNX earnings forecast
.

How can I listen to Cognex's earnings call?

Cognex will be holding an earnings conference call on Thursday, February 16th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "1373 4893".

How were Cognex's earnings last quarter?

Cognex Co. (NASDAQ:CGNX) issued its quarterly earnings results on Thursday, November, 4th. The scientific and technical instruments company reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by $0.01. The scientific and technical instruments company had revenue of $284.85 million for the quarter, compared to analysts' expectations of $288.32 million. Cognex had a net margin of 21.15% and a trailing twelve-month return on equity of 16.89%. The firm's quarterly revenue was up 13.5% on a year-over-year basis. During the same period in the prior year, the business posted $0.49 EPS.

How often does Cognex pay dividends? What is the dividend yield for Cognex?

Cognex announced a quarterly dividend on Thursday, November 3rd. Stockholders of record on Friday, November 18th will be paid a dividend of $0.07 per share on Friday, December 2nd. This represents a $0.28 annualized dividend and a dividend yield of 0.50%. The ex-dividend date is Thursday, November 17th. This is a positive change from the stock's previous quarterly dividend of $0.07.
Read our dividend analysis for CGNX
.

Is Cognex a good dividend stock?

Cognex (NASDAQ:CGNX) pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.49%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 23.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CGNX will have a dividend payout ratio of 24.14% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CGNX.

When did Cognex's stock split?

Cognex shares split 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 stock prior to the split would have 200 shares after the split.

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

Cognex issued an update on its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $235.00 million-$255.00 million, compared to the consensus revenue estimate of $226.23 million.

What is Robert Willett's approval rating as Cognex's CEO?

94 employees have rated Cognex Chief Executive Officer Robert Willett on Glassdoor.com. Robert Willett has an approval rating of 84% among the company's employees.

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), PayPal (PYPL), Netflix (NFLX), Micron Technology (MU), Advanced Micro Devices (AMD), Arista Networks (ANET), Activision Blizzard (ATVI), Block (SQ) and Walt Disney (DIS).

What is Cognex's stock symbol?

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

Who are Cognex's major shareholders?

Cognex's stock is owned by many different retail and institutional investors. Top institutional investors include Sumitomo Mitsui Trust Holdings Inc. (1.12%), DekaBank Deutsche Girozentrale (1.11%), Riverbridge Partners LLC (1.05%), New York State Common Retirement Fund (0.75%), Baillie Gifford & Co. (0.61%) and Stephens Investment Management Group LLC (0.53%). Insiders that own company stock include Anthony Sun, Carl Gerst, Dianne M Parrotte, Eugene G Banucci, Jerry A Schneider, Jerry A Schneider, Patrick Alias, Paul Todgham, Robert Willett, Sheila Marie Dipalma and Theodor Krantz.
View institutional ownership trends
.

How do I buy shares of Cognex?

Shares of CGNX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Cognex's stock price today?

One share of CGNX stock can currently be purchased for approximately $55.90.

How much money does Cognex make?

Cognex (NASDAQ:CGNX) has a market capitalization of $9.67 billion and generates $1.04 billion in revenue each year. The scientific and technical instruments company earns $279.88 million in net income (profit) each year or $1.21 on an earnings per share basis.

How many employees does Cognex have?

The company employs 2,257 workers across the globe.

Does Cognex have any subsidiaries?
The following companies are subsidiares of Cognex: *CHIARO TECHNOLOGIES, AQSENSE, AssistWare Technology, Cognex Asia Inc., Cognex Canada Inc., Cognex Canada Technology Inc., Cognex Distribution, Cognex EnShape GmbH, Cognex Europe B.V., Cognex Europe Inc., Cognex Foreign Sales Corporation, Cognex Germany Aachen GmbH, Cognex Germany Inc., Cognex Goruntu Sistemleri Satis ve Ticaret Limited Sirketi, Cognex Hungary Kft., Cognex International Inc., Cognex Ireland Ltd., Cognex K.K., Cognex Korea Inc., Cognex Ltd., Cognex Mexico S.R.L.C.V., Cognex Poland z.o.o, Cognex Representacao Comercial E Participacoes Ltda., Cognex Sensors India Private Limited, Cognex Service Inc, Cognex Service Ltd., Cognex Singapore Inc., Cognex Switzerland GmbH, Cognex Taiwan Inc., Cognex Technology and Investment LLC, Cognex UK Ltd., Cognex Vietnam Company Ltd., Cognex Vision Inspection System (Shanghai) Co. Ltd., Cognex Vision Spain S.L.U., Enshape, One Vision Drive LLC, ViDi Systems, Vision Drive Inc., and Webscan Inc.
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How can I contact Cognex?

Cognex's mailing address is ONE VISION DRIVE, NATICK MA, 01760. The official website for the company is www.cognex.com. The scientific and technical instruments company can be reached via phone at (508) 650-3000, via email at susan.conway@cognex.com, or via fax at 508-650-3333.

This page (NASDAQ:CGNX) was last updated on 2/4/2023 by MarketBeat.com Staff