NASDAQ:CGNX Cognex Stock Forecast, Price & 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 $61.65 +0.46 (+0.75 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$61.01Now: $61.65▼$62.0850-Day Range$60.60MA: $65.25▼$71.5252-Week Range$35.20Now: $61.65▼$71.76Volume867,098 shsAverage Volume1.07 million shsMarket Capitalization$10.67 billionP/E Ratio76.11Dividend Yield0.36%Beta1.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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™ 0.8 Analyst's Opinion Consensus RatingCognex has received a consensus rating of Hold. The company's average rating score is 1.67, and is based on 1 buy rating, 4 hold ratings, and 4 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $51.14, Cognex has a forecasted downside of 17.0% from its current price of $61.65.Amount of Analyst CoverageCognex has only been the subject of 3 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesCognex has received 468 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCognex has received 514 “underperform” votes. (Add your “underperform” vote.)Community SentimentCognex has received 52.34% “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 1.7 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 only been increasing its dividend for 4 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 20.75% 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 sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $32,446,379.00 in company stock.Percentage Held by InsidersOnly 5.20% of the stock of Cognex is held by insiders.Percentage Held by Institutions93.62% 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 41.33% in the coming year, from $0.75 to $1.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cognex is 76.11, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.39.Price to Earnings Ratio vs. SectorThe P/E ratio of Cognex is 76.11, 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 61.98.Price to Book Value per Share RatioCognex has a P/B Ratio of 7.85. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.8Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.56 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 RatioN/A Current Ratio4.47 Quick Ratio4.11Price-To-Earnings Trailing P/E Ratio76.11 Forward P/E Ratio82.20 P/E GrowthN/A Sales & Book Value Annual Sales$725.63 million Price / Sales14.70 Cash Flow$1.31 per share Price / Cash Flow47.03 Book Value$7.85 per share Price / Book7.85Profitability EPS (Most Recent Fiscal Year)$1.16 Net Income$203.87 million Net Margins20.50% Return on Equity10.67% Return on Assets7.97%Miscellaneous Employees2,267 Outstanding Shares173,047,000Market Cap$10.67 billion Next Earnings Date10/28/2020 (Confirmed) OptionableOptionable $61.65 +0.46 (+0.75 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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 price been impacted by COVID-19? 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 56.5% and is now trading at $61.65. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Cognex? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last year. There are currently 4 sell ratings, 4 hold ratings and 1 buy rating 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, October 28th 2020. View our earnings forecast for Cognex. How can I listen to Cognex's earnings call? Cognex will be holding an earnings conference call on Wednesday, October 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were Cognex's earnings last quarter? Cognex Co. (NASDAQ:CGNX) announced its quarterly earnings data on Wednesday, July, 29th. The scientific and technical instruments company reported ($0.01) EPS for the quarter, missing the Zacks' consensus estimate of $0.10 by $0.11. The scientific and technical instruments company earned $169.10 million during the quarter, compared to the consensus estimate of $149.90 million. Cognex had a net margin of 20.50% and a return on equity of 10.67%. The company's revenue was down 15.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.27 EPS. View Cognex's earnings history. How often does Cognex pay dividends? What is the dividend yield for Cognex? Cognex declared a quarterly dividend on Wednesday, July 29th. Investors of record on Friday, August 14th will be given a dividend of $0.055 per share on Friday, August 28th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date is Thursday, August 13th. 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 created shares were payable 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 declared that its board has authorized a stock repurchase program on Monday, October 29th 2018, which allows the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 2.8% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's management believes its stock is undervalued. What guidance has Cognex issued on next quarter's earnings? Cognex updated its third quarter 2020 After-Hours earnings guidance on Wednesday, July, 29th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $200-220 million, compared to the consensus revenue estimate of $178.29 million. What price target have analysts set for CGNX? 9 equities research analysts have issued 12 month price objectives for Cognex's shares. Their forecasts range from $40.00 to $60.00. On average, they anticipate Cognex's share price to reach $51.14 in the next twelve months. This suggests that the stock has a possible downside of 17.0%. View analysts' price targets for Cognex. Are investors shorting Cognex? Cognex saw a decline in short interest in the month of August. As of August 31st, there was short interest totaling 5,170,000 shares, a decline of 15.9% from the August 15th total of 6,150,000 shares. Based on an average daily volume of 874,300 shares, the days-to-cover ratio is currently 5.9 days. Approximately 3.1% of the company's stock are sold short. View Cognex's Short Interest. 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), Paypal (PYPL), Netflix (NFLX), Advanced Micro Devices (AMD), Micron Technology (MU), Arista Networks (ANET), Activision Blizzard (ATVI), Walt Disney (DIS) and Square (SQ). 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." Who are Cognex's major shareholders? Cognex's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (9.13%), Bank of New York Mellon Corp (7.13%), Nordea Investment Management AB (1.69%), Neuberger Berman Group LLC (1.59%), Sumitomo Mitsui Trust Holdings Inc. (1.38%) and New York State Common Retirement Fund (1.19%). Company insiders that own Cognex stock include Anthony Sun, Dianne M Parrotte, Jerry A Schneider, John J Curran, Laura Ann Macdonald, Patrick Alias, Robert Willett, Sheila Marie Dipalma 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 FMR LLC, State of Wisconsin Investment Board, First Trust Advisors LP, Bamco Inc. NY, Sumitomo Mitsui Trust Holdings Inc., Bank of New York Mellon Corp, Goldman Sachs Group Inc., and PDT Partners LLC. Company insiders that have sold Cognex company stock in the last year include Anthony Sun, Dianne M Parrotte, Jerry A Schneider, Laura Ann Macdonald, Patrick Alias, Robert Willett, Sheila Marie Dipalma, and Theodor Krantz. View insider buying and selling activity for Cognex. Which institutional investors are buying Cognex stock? CGNX stock was acquired by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, FIL Ltd, Rockefeller Capital Management L.P., Balyasny Asset Management LLC, MERIAN GLOBAL INVESTORS UK Ltd, Jennison Associates LLC, Bank of America Corp DE, and TD Asset Management Inc.. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Cognex's stock price today? One share of CGNX stock can currently be purchased for approximately $61.65. How big of a company is Cognex? Cognex has a market capitalization of $10.67 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 9/26/2020 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. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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