NASDAQ:CGNX - Cognex Stock Price, News, & Analysis

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$50.10 -3.37 (-6.30 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$50.10
Today's Range$50.05 - $53.08
52-Week Range$34.88 - $59.18
Volume1.07 million shs
Average Volume1.16 million shs
Market Capitalization$8.59 billion
P/E Ratio40.40
Dividend Yield0.40%
Beta2.01
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.

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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$1.4105 per share
Book Value$6.65 per share

Profitability

Net Income$219.26 million

Miscellaneous

Employees2,124
Market Cap$8.59 billion
Next Earnings Date4/29/2019 (Estimated)
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 Friday, February 15th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.05 per share on Friday, March 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.40%. The ex-dividend date is Thursday, February 28th. View Cognex's Dividend History.

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

Cognex's stock split on Monday, December 4th 2017. The 2-1 split was announced on Monday, October 30th 2017. The newly created shares were distributed 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 repurchase program on Monday, October 29th 2018, which authorizes the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to buy up to 2.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its shares are undervalued.

How were Cognex's earnings last quarter?

Cognex Co. (NASDAQ:CGNX) posted its quarterly earnings data on Thursday, February, 14th. The scientific and technical instruments company reported $0.26 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.22 by $0.04. The scientific and technical instruments company earned $193.29 million during the quarter, compared to the consensus estimate of $184.82 million. Cognex had a net margin of 27.19% and a return on equity of 19.75%. The business's quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.16) earnings per share. View Cognex's Earnings History.

When is Cognex's next earnings date?

Cognex is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Cognex.

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

Cognex updated its first quarter 2019 earnings guidance on Thursday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $165-175 million, compared to the consensus revenue estimate of $177.03 million.

What price target have analysts set for CGNX?

11 brokers have issued twelve-month target prices for Cognex's shares. Their forecasts range from $40.00 to $57.00. On average, they anticipate Cognex's stock price to reach $48.91 in the next twelve months. This suggests that the stock has a possible downside of 2.4%. View Analyst Price Targets for Cognex.

What is the consensus analysts' recommendation for Cognex?

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 and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cognex.

Has Cognex been receiving favorable news coverage?

Press coverage about CGNX stock has been trending neutral on Sunday, InfoTrie Sentiment reports. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Cognex earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave headlines about the scientific and technical instruments company a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the company's share price in the immediate future.

Are investors shorting Cognex?

Cognex saw a increase in short interest in February. As of February 28th, there was short interest totalling 12,052,728 shares, an increase of 14.5% from the February 15th total of 10,530,717 shares. Based on an average daily trading volume, of 1,319,945 shares, the days-to-cover ratio is currently 9.1 days. Currently, 7.4% of the company's shares are short sold. View Cognex's Current Options Chain.

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), Micron Technology (MU), Netflix (NFLX), Paypal (PYPL), Activision Blizzard (ATVI), Arista Networks (ANET), Shopify (SHOP), Walt Disney (DIS) 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)
  • Mr. Richard A. Morin, Sr. VP & Sec. (Age 69)
  • Ms. Sheila M DiPalma CPA, Sr. VP of Corp. Employee Services & Corp. Officer (Age 52)

Who are Cognex's major shareholders?

Cognex's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.20%), Bank of New York Mellon Corp (5.09%), Eagle Asset Management Inc. (2.14%), Oregon Public Employees Retirement Fund (1.99%), Geode Capital Management LLC (1.15%) and Geode Capital Management LLC (1.16%). 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 major investors are selling Cognex stock?

CGNX stock was sold by a variety of institutional investors in the last quarter, including Congress Asset Management Co. MA, FMR LLC, BlackRock Inc., Bank of America Corp DE, American Century Companies Inc., Handelsbanken Fonder AB, Los Angeles Capital Management & Equity Research Inc. and Stifel Financial Corp. Company insiders that have sold Cognex company stock in the last year include Anthony Sun, Jerry A Schneider and Theodor Krantz. View Insider Buying and Selling for Cognex.

Which major investors are buying Cognex stock?

CGNX stock was acquired by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Norges Bank, Fundsmith LLP, Sumitomo Mitsui Asset Management Company LTD, Eagle Asset Management Inc., Manning & Napier Group LLC, First Trust Advisors LP and Nordea Investment Management AB. 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 $50.10.

How big of a company is Cognex?

Cognex has a market capitalization of $8.59 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.

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:  396 (Vote Outperform)
Underperform Votes:  391 (Vote Underperform)
Total Votes:  787
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 3/24/2019 by MarketBeat.com Staff

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