NASDAQ:CGNX - Cognex Stock Price, News & Analysis

$43.24
-1.48 (-3.31 %)
(As of 08/23/2019 04:00 PM ET)
Today's Range
$43.04
Now: $43.24
$44.90
50-Day Range
$41.88
MA: $43.31
$45.51
52-Week Range
$34.88
Now: $43.24
$59.18
Volume787,993 shs
Average Volume1.52 million shs
Market Capitalization$7.38 billion
P/E Ratio34.87
Dividend Yield0.45%
Beta2.08
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. Read More…

Industry, Sector and Symbol

Industry Process control instruments
Sub-IndustryElectronic Equipment & Instruments
SectorComputer and Technology
Current SymbolNASDAQ:CGNX
CUSIP19242210
Phone508-650-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$806.34 million
Cash Flow$1.3589 per share
Book Value$6.98 per share

Profitability

Net Income$219.26 million

Miscellaneous

Employees2,124
Market Cap$7.38 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Monday, July 29th. Investors of record on Friday, August 16th will be paid a dividend of $0.05 per share on Friday, August 30th. This represents a $0.20 annualized dividend and a dividend yield of 0.46%. The ex-dividend date of this dividend is Thursday, August 15th. View Cognex's Dividend History.

When did Cognex's stock split? How did Cognex's stock split work?

Cognex shares 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 closing bell 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 authorizes the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 2.8% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board of directors believes its shares are undervalued.

How were Cognex's earnings last quarter?

Cognex Co. (NASDAQ:CGNX) released its earnings results on Monday, July, 29th. The scientific and technical instruments company reported $0.28 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.23 by $0.05. The scientific and technical instruments company earned $199 million during the quarter, compared to the consensus estimate of $194.65 million. Cognex had a net margin of 26.03% and a return on equity of 17.81%. Cognex's revenue for the quarter was down 5.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.31 EPS. View Cognex's Earnings History.

When is Cognex's next earnings date?

Cognex is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Cognex.

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

Cognex issued an update on its third quarter 2019 earnings guidance on Monday, July, 29th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $175-185 million, compared to the consensus revenue estimate of $217.85 million.

What price target have analysts set for CGNX?

9 Wall Street analysts have issued 1 year target prices for Cognex's stock. Their forecasts range from $36.00 to $57.00. On average, they anticipate Cognex's share price to reach $49.2222 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price. View Analyst Price Targets for Cognex.

What is the consensus analysts' recommendation for Cognex?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last year. There are currently 1 sell rating, 6 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cognex.

Has Cognex been receiving favorable news coverage?

News headlines about CGNX stock have trended positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative press coverage by monitoring 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 media sentiment score of 2.5 on InfoTrie's scale. They also assigned news articles about the scientific and technical instruments company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for Cognex.

Who are some of Cognex's key 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), Netflix (NFLX), Paypal (PYPL), Arista Networks (ANET), Micron Technology (MU), Activision Blizzard (ATVI), Walt Disney (DIS), Shopify (SHOP) and Advanced Micro Devices (AMD).

Who are Cognex's key executives?

Cognex's management team includes the folowing 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

Who are Cognex's major shareholders?

Cognex's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.90%), BlackRock Inc. (9.90%), Vanguard Group Inc. (8.91%), Brown Capital Management LLC (5.55%), Bank of New York Mellon Corp (5.34%) and Janus Henderson Group PLC (3.22%). Company insiders that own Cognex stock include Anthony Sun, Bruce Robinson J, Dianne M Parrotte, Jeffrey Benjamin Miller, Jerry A Schneider, John J Curran, Patrick Alias, Robert Willett and Theodor Krantz. View Institutional Ownership Trends for Cognex.

Which major investors are selling Cognex stock?

CGNX stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Schroder Investment Management Group, Skandinaviska Enskilda Banken AB publ , AXA, Allianz Asset Management GmbH, Carillon Tower Advisers Inc., Los Angeles Capital Management & Equity Research Inc. and BlackRock Inc.. Company insiders that have sold Cognex company stock in the last year include Anthony Sun, Dianne M Parrotte, Jerry A Schneider, John J Curran and Theodor Krantz. View Insider Buying and Selling for Cognex.

Which major investors are buying Cognex stock?

CGNX stock was bought by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp, Invesco Ltd., Nuveen Asset Management LLC, Manning & Napier Group LLC, DekaBank Deutsche Girozentrale, Bank of New York Mellon Corp, AQR Capital Management LLC and Front Street Capital Management Inc.. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Cognex's stock price today?

One share of CGNX stock can currently be purchased for approximately $43.24.

How big of a company is Cognex?

Cognex has a market capitalization of $7.38 billion and generates $806.34 million in revenue each year. The scientific and technical instruments company earns $219.26 million in net income (profit) each year or $1.24 on an earnings per share basis. Cognex employs 2,124 workers across the globe.View Additional Information About Cognex.

What is Cognex's official website?

The official website for Cognex is http://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]


MarketBeat Community Rating for Cognex (NASDAQ CGNX)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  419 (Vote Outperform)
Underperform Votes:  428 (Vote Underperform)
Total Votes:  847
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.
This page was last updated on 8/24/2019 by MarketBeat.com Staff

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