Cognex (CGNX) Stock Forecast, Price & News

Cognex (NASDAQ:CGNX) Frequently Asked Questions

Is Cognex a buy right now?

11 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, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Cognex stock. 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 analyst ratings for Cognex or view top-rated stocks.

Are investors shorting Cognex?

Cognex saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,740,000 shares, an increase of 57.8% from the April 30th total of 2,370,000 shares. Based on an average daily trading volume, of 1,000,000 shares, the days-to-cover ratio is currently 3.7 days. Approximately 2.2% of the shares of the company are sold short.
View Cognex's Short Interest.

When is Cognex's next earnings date?

Cognex is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022.
View our earnings forecast for Cognex.

How were Cognex's earnings last quarter?

Cognex Co. (NASDAQ:CGNX) released its quarterly earnings results on Thursday, May, 5th. The scientific and technical instruments company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.34 by $0.08. The scientific and technical instruments company had revenue of $282.40 million for the quarter, compared to analyst estimates of $277.23 million. Cognex had a net margin of 25.67% and a trailing twelve-month return on equity of 19.48%. The company's revenue for the quarter was up 18.2% compared to the same quarter last year. During the same period last year, the business earned $0.39 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 Thursday, May 5th. Investors of record on Friday, May 20th will be paid a dividend of $0.065 per share on Friday, June 3rd. This represents a $0.26 annualized dividend and a yield of 0.53%. The ex-dividend date is Thursday, May 19th.
View Cognex's dividend history.

Is Cognex a good dividend stock?

Cognex pays an annual dividend of $0.26 per share and currently has a dividend yield of 0.56%. Cognex has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Cognex is 16.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cognex will have a dividend payout ratio of 14.29% next year. This indicates that Cognex will be able to sustain or increase its dividend.
View Cognex's dividend history.

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

Shares of Cognex 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 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.

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

Cognex updated its second quarter 2022 earnings guidance on Monday, May, 23rd. The company provided EPS guidance of for the period. The company issued revenue guidance of $265.00 million-$285.00 million, compared to the consensus revenue estimate of $292.72 million.

What price target have analysts set for CGNX?

11 analysts have issued 1 year price targets for Cognex's shares. Their forecasts range from $50.00 to $110.00. On average, they expect Cognex's stock price to reach $78.82 in the next twelve months. This suggests a possible upside of 59.9% from the stock's current price.
View analysts' price targets for Cognex or view top-rated stocks among Wall Street analysts.

Who are Cognex's key executives?

Cognex's management team includes the following people:

• Mr. Robert J. Willett, CEO, Pres & Exec. Director (Age 54, Pay $4.35M) (LinkedIn Profile)
• Dr. Robert J. Shillman, Founder, Chairman Emeritus & Adviser (Age 75, Pay $216.05k)
• Mr. Paul D. Todgham, Sr. VP of Fin. & CFO (Age 45, Pay $881.31k) (LinkedIn Profile)
• Ms. Sheila M. DiPalma CPA, Exec. VP of Employee Services & Chief Culture Officer (Age 55, Pay $722.25k)
• Mr. Carl W. Gerst III, Exec. VP of Vision, ID Products & Platforms (Age 54, Pay $762.15k)
• Ms. Susan Conway, Sr. Director of Investor Relations
• Mr. Todd Keebaug, VP of Legal Services
• Ms. Robin Pratt, Corp. Communications Contractor
• Mr. Didier Lacroix, Sr. VP Worldwide Sales & Marketing
• Mr. E. John McGarry, Sr. VP of R&D (Age 65)

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

94 employees have rated Cognex CEO Robert Willett on Glassdoor.com. Robert Willett has an approval rating of 84% among Cognex's employees.

Who are some of Cognex's key competitors?

Some companies that are related to Cognex include Coherent (COHR), National Instruments (NATI), Itron (ITRI), Badger Meter (BMI), OSI Systems (OSIS), Mesa Laboratories (MLAB), FARO Technologies (FARO), Vishay Precision Group (VPG) and Daktronics (DAKT).
View all of CGNX's 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), Micron Technology (MU), Advanced Micro Devices (AMD), Arista Networks (ANET), Activision Blizzard (ATVI), Square (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 a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.19%), Vanguard Group Inc. (8.98%), Bank of New York Mellon Corp (6.07%), American Century Companies Inc. (3.42%), State Street Corp (3.33%) and Neuberger Berman Group LLC (1.56%). Company insiders that own Cognex stock include Anthony Sun, Carl Gerst, Dianne M Parrotte, Eugene G Banucci, Jerry A Schneider, Patrick Alias, Paul Todgham, Robert Willett, Sheila Marie Dipalma 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 Nordea Investment Management AB, Neuberger Berman Group LLC, TimesSquare Capital Management LLC, Vanguard Group Inc., Handelsbanken Fonder AB, Bank of New York Mellon Corp, Federated Hermes Inc., and Ensign Peak Advisors Inc. Company insiders that have sold Cognex company stock in the last year include Anthony Sun, Dianne M Parrotte, Patrick Alias, and Paul Todgham.
View insider buying and selling activity for Cognex or view top insider-selling stocks.

Which major investors are buying Cognex stock?

CGNX stock was acquired by a variety of institutional investors in the last quarter, including American Century Companies Inc., William Blair Investment Management LLC, BlackRock Inc., Hsbc Holdings PLC, Foster Victor Wealth Advisors LLC, Manning & Napier Group LLC, Wellington Management Group LLP, and Lazard Asset Management LLC.
View insider buying and selling activity for Cognex or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Cognex's stock price today?

One share of CGNX stock can currently be purchased for approximately $49.30.

How much money does Cognex make?

Cognex has a market capitalization of $8.57 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 $1.549990 on an earnings per share basis.

How many employees does Cognex have?

Cognex 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.

When was Cognex founded?

Cognex was founded in 1981.

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, via email at [email protected], or via fax at 508-650-3333.