Cognex Company Profile (NASDAQ:CGNX)

About Cognex (NASDAQ:CGNX)

Cognex logoCognex Corporation (Cognex) is a provider of machine vision products that capture and analyze visual information in order to automate tasks, primarily in manufacturing processes, where vision is required. The Company operates through the machine vision technology segment. The Company's machine vision products are used to automate the manufacture 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. The Company's products include vision software, vision systems, vision sensors and identification (ID) products. Its products range from vision sensors that are integrated, to personal computer (PC)-based systems for users. Its products also have a range of physical forms, depending upon the user's need. Cognex sells its products through a direct sales force, as well as through a global network of integration and distribution partners.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Scientific & Technical Instruments
  • Sub-Industry: Electronic Equipment & Instruments
  • Symbol: NASDAQ:CGNX
  • CUSIP: 19242210
  • Web:
  • Market Cap: $8.11 billion
  • Outstanding Shares: 86,646,000
Average Prices:
  • 50 Day Moving Avg: $87.16
  • 200 Day Moving Avg: $73.52
  • 52 Week Range: $38.71 - $94.23
  • Trailing P/E Ratio: 45.57
  • Foreward P/E Ratio: 39.68
  • P/E Growth: 1.89
Sales & Book Value:
  • Annual Revenue: $559.49 million
  • Price / Sales: 14.50
  • Book Value: $11.67 per share
  • Price / Book: 8.02
  • Annual Dividend: $0.30
  • Dividend Yield: 0.4%
  • EBIDTA: $197.09 million
  • Net Margins: 26.59%
  • Return on Equity: 13.67%
  • Return on Assets: 12.66%
  • Current Ratio: 7.69%
  • Quick Ratio: 7.29%
  • Average Volume: 742,194 shs.
  • Beta: 1.33
  • Short Ratio: 3.4

Frequently Asked Questions for Cognex (NASDAQ:CGNX)

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 Monday, May 1st. Shareholders of record on Friday, June 2nd will be paid a dividend of $0.085 per share on Friday, June 16th. This represents a $0.34 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date is Wednesday, May 31st. This is a positive change from Cognex's previous quarterly dividend of $0.08. View Cognex's Dividend History.

How were Cognex's earnings last quarter?

Cognex Co. (NASDAQ:CGNX) released its quarterly earnings results on Monday, August, 1st. The company reported $0.50 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.44 by $0.06. The company had revenue of $147.27 million for the quarter, compared to analysts' expectations of $138.11 million. Cognex had a return on equity of 13.67% and a net margin of 26.59%. Cognex's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.49 EPS. View Cognex's Earnings History.

When will Cognex make its next earnings announcement?

Cognex is scheduled to release their next quarterly earnings announcement on Monday, July, 31st 2017. View Earnings Estimates for Cognex.

Where is Cognex's stock going? Where will Cognex's stock price be in 2017?

10 analysts have issued 12-month price targets for Cognex's shares. Their predictions range from $40.10 to $90.00. On average, they anticipate Cognex's stock price to reach $67.39 in the next twelve months. View Analyst Ratings for Cognex.

What are analysts saying about Cognex stock?

Here are some recent quotes from research analysts about Cognex stock:

  • 1. According to Zacks Investment Research, "Cognex Corp. designs, develops, manufactures, and markets machine vision systems that are used to automate a wide range of manufacturing processes where vision is required. Cognex machine vision systems consist of two primary elements: a computer, which serves as a machine vision engine, and software that processes and analyzes images. When connected to a video camera, the machine vision system captures images and extracts information, which determines appropriate action for other equipment in the manufacturing process. " (5/4/2017)
  • 2. Needham & Company LLC analysts commented, "With CGNX shares near record levels and bumping up against our target, we have been looking at various scenarios to gauge potential upside to our estimates. After applying more aggressive growth expectations for this year and 2018, and having much of the upside flow through to the bottom line, we are frankly hard pressed to see a sufficiently attractive risk-reward to support a meaningfully higher PT. Based on Street estimates, CGNX shares are trading at 43x and 35x respective 2017 and 2018 estimates. We can see a scenario where growth in 2017 could be solidly above Street estimates, reflecting strong growth in the consumer electronics (Apple) and broader factory automation businesses, but we expect comparisons to get more challenging in Q4 and 2018. Downgrading to Hold from Buy." (3/15/2017)

Who are some of Cognex's key competitors?

Who owns Cognex stock?

Cognex's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (7.68%), Vanguard Group Inc. (7.59%), Brown Capital Management LLC (5.95%), State Street Corp (2.45%), Neuberger Berman Group LLC (2.38%) and Harding Loevner LP (2.29%). Company insiders that own Cognex stock include Bruce Robinson J, Eugene G Banucci, Jeffrey Benjamin Miller, Patrick Alias, Reuben Wasserman, Richard Morin, Robert Willett and Theodor Krantz. View Institutional Ownership Trends for Cognex.

Who sold Cognex stock? Who is selling Cognex stock?

Cognex's stock was sold by a variety of institutional investors in the last quarter, including Brown Capital Management LLC, Royce & Associates LP, Kayne Anderson Rudnick Investment Management LLC, Wells Fargo & Company MN, Next Century Growth Investors LLC, Wellington Management Group LLP, Hermes Investment Management Ltd. and FIL Ltd. Company insiders that have sold Cognex stock in the last year include Bruce Robinson J, Jeffrey Benjamin Miller, Patrick Alias, Reuben Wasserman, Richard Morin, Robert Willett and Theodor Krantz. View Insider Buying and Selling for Cognex.

Who bought Cognex stock? Who is buying Cognex stock?

Cognex's stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Ameriprise Financial Inc., Goldman Sachs Group Inc., Vanguard Group Inc., Gilder Gagnon Howe & Co. LLC, Teachers Advisors LLC, OppenheimerFunds Inc. and Alliancebernstein L.P.. Company insiders that have bought Cognex stock in the last two years include Bruce Robinson J and Eugene G Banucci. View Insider Buying and Selling for Cognex.

How do I buy Cognex stock?

Shares of Cognex can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Cognex stock cost?

One share of Cognex stock can currently be purchased for approximately $93.65.

Analyst Ratings

Consensus Ratings for Cognex (NASDAQ:CGNX) (?)
Ratings Breakdown: 6 Hold Ratings, 4 Buy Ratings
Consensus Rating:Hold (Score: 2.40)
Consensus Price Target: $67.39 (28.04% downside)

Analysts' Ratings History for Cognex (NASDAQ:CGNX)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/3/2017Canaccord GenuityReiterated RatingHold$65.00 -> $80.00LowView Rating Details
5/2/2017Cowen and CompanyLower Price TargetOutperform$100.00 -> $90.00LowView Rating Details
4/3/2017Goldman Sachs Group IncInitiated CoverageBuy -> BuyMediumView Rating Details
3/30/2017Summit RedstoneReiterated RatingBuyMediumView Rating Details
3/21/2017Needham & Company LLCReiterated RatingHoldHighView Rating Details
1/26/2017JPMorgan Chase & Co.Initiated CoverageNeutral$66.00N/AView Rating Details
12/8/2016Deutsche Bank AGInitiated CoverageBuy$74.00N/AView Rating Details
12/2/2016Northcoast ResearchDowngradeBuy -> Neutral$59.00N/AView Rating Details
10/25/2016StephensInitiated CoverageEqual Weight$50.00N/AView Rating Details
6/6/2016Sanford C. BernsteinInitiated CoverageMarket Perform$40.10N/AView Rating Details
5/10/2016FBR & CoReiterated RatingMarketperform$42.00N/AView Rating Details
3/11/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
2/11/2016NomuraLower Price TargetBuy$46.00 -> $45.00N/AView Rating Details
8/4/2015Oppenheimer Holdings Inc.Reiterated RatingMarket PerformN/AView Rating Details
(Data available from 5/26/2015 forward)


Earnings History for Cognex (NASDAQ:CGNX)
Earnings by Quarter for Cognex (NASDAQ:CGNX)
Earnings History by Quarter for Cognex (NASDAQ:CGNX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/16/2017Q416$0.30$0.43$116.93 million$129.32 millionViewN/AView Earnings Details
10/31/2016Q316$0.48$0.49$50.93 million$147.95 millionViewListenView Earnings Details
8/1/2016Q216$0.44$0.50$138.11 million$147.27 millionViewN/AView Earnings Details
5/2/2016Q116$0.11$0.17$93.06 million$96.20 millionViewListenView Earnings Details
2/10/2016Q415$0.17$0.22$95.61 million$97.77 millionViewListenView Earnings Details
11/2/2015Q315$0.22$0.29$107.44 million$107.59 millionViewListenView Earnings Details
8/3/2015Q215$0.47$0.49$154.94 million$143.80 millionViewListenView Earnings Details
5/4/2015Q115$0.22$0.23$109.50 million$113.40 millionViewListenView Earnings Details
2/12/2015Q414$0.26$0.30$113.15 million$117.20 millionViewListenView Earnings Details
10/27/2014Q314$0.56$0.57$168.60 million$169.40 millionViewListenView Earnings Details
7/28/2014Q214$0.22$0.29$103.30 million$108.80 millionViewN/AView Earnings Details
4/30/2014Q114$0.19$0.21$91.15 million$90.90 millionViewN/AView Earnings Details
2/13/2014Q413$0.22$0.25$94.67 million$95.70 millionViewListenView Earnings Details
10/28/2013Q313$0.26$0.25$90.00 million$90.00 millionViewN/AView Earnings Details
7/29/2013Q2 2013$0.37$0.42$85.30 million$86.51 millionViewN/AView Earnings Details
4/29/2013Q1 2013$0.36$0.35$79.62 million$80.89 millionViewN/AView Earnings Details
2/11/2013Q4 2012$0.38$0.40$79.61 million$82.17 millionViewN/AView Earnings Details
10/29/2012Q312$0.36$0.41$79.66 million$80.08 millionViewN/AView Earnings Details
7/30/2012$0.41$0.45ViewN/AView Earnings Details
4/30/2012$0.31$0.33ViewN/AView Earnings Details
2/9/2012$0.41$0.44ViewN/AView Earnings Details
11/1/2011$0.38$0.42ViewN/AView Earnings Details
8/1/2011$0.38$0.45ViewN/AView Earnings Details
5/2/2011$0.25$0.32ViewN/AView Earnings Details
2/10/2011$0.41$0.47ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Cognex (NASDAQ:CGNX)
2017 EPS Consensus Estimate: $1.89
2018 EPS Consensus Estimate: $2.40
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.21$0.28$0.25
Q2 20172$0.53$0.61$0.57
Q3 20172$0.59$0.63$0.61
Q4 20171$0.46$0.46$0.46
Q1 20181$0.45$0.45$0.45
Q2 20181$0.65$0.65$0.65
Q3 20181$0.73$0.73$0.73
Q4 20181$0.57$0.57$0.57
(Data provided by Zacks Investment Research)


Current Dividend Information for Cognex (NASDAQ:CGNX)
Next Dividend:6/16/2017
Annual Dividend:$0.30
Dividend Yield:0.32%
Payout Ratio:20.13% (Trailing 12 Months of Earnings)
14.29% (Based on This Year's Estimates)
12.71% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Cognex (NASDAQ:CGNX)

Dividend History by Quarter for Cognex (NASDAQ:CGNX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Cognex (NASDAQ:CGNX)
Insider Ownership Percentage: 6.40%
Institutional Ownership Percentage: 90.00%
Insider Trades by Quarter for Cognex (NASDAQ:CGNX)
Institutional Ownership by Quarter for Cognex (NASDAQ:CGNX)
Insider Trades by Quarter for Cognex (NASDAQ:CGNX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/15/2017Robert WillettCEOSell55,919$91.73$5,129,449.87View SEC Filing  
5/9/2017Robert WillettCEOSell43,981$89.79$3,949,053.99View SEC Filing  
5/4/2017Robert WillettCEOSell100$89.64$8,964.00View SEC Filing  
3/6/2017Robert WillettCEOSell50,000$80.69$4,034,500.00View SEC Filing  
2/28/2017Patrick AliasDirectorSell5,000$77.85$389,250.00View SEC Filing  
2/27/2017Robert WillettCEOSell50,000$77.75$3,887,500.00View SEC Filing  
12/8/2016Jeffrey Benjamin MillerDirectorSell7,500$63.06$472,950.00View SEC Filing  
12/8/2016Richard MorinCFOSell23,000$60.30$1,386,900.00View SEC Filing  
12/1/2016Richard MorinCFOSell3,000$60.39$181,170.00View SEC Filing  
11/25/2016Bruce Robinson JDirectorSell25,750$60.95$1,569,462.50View SEC Filing  
11/14/2016Robert WillettCEOSell100,000$55.69$5,569,000.00View SEC Filing  
11/11/2016Richard MorinCFOSell20,000$55.44$1,108,800.00View SEC Filing  
11/8/2016Patrick AliasDirectorSell10,000$54.07$540,700.00View SEC Filing  
8/26/2016Richard MorinCFOSell14,040$50.21$704,948.40View SEC Filing  
8/23/2016Richard MorinCFOSell4,260$50.21$213,894.60View SEC Filing  
8/19/2016Richard MorinCFOSell1,100$50.35$55,385.00View SEC Filing  
8/19/2016Theodor KrantzDirectorSell20,000$50.00$1,000,000.00View SEC Filing  
8/10/2016Richard MorinCFOSell45,000$49.90$2,245,500.00View SEC Filing  
8/5/2016Jeffrey Benjamin MillerDirectorSell20,000$49.51$990,200.00View SEC Filing  
8/4/2016Patrick AliasDirectorSell7,500$48.47$363,525.00View SEC Filing  
8/3/2016Robert WillettCEOSell125,000$47.93$5,991,250.00View SEC Filing  
6/9/2016Patrick AliasDirectorSell7,500$44.59$334,425.00View SEC Filing  
5/27/2016Reuben WassermanDirectorSell7,500$43.05$322,875.00View SEC Filing  
5/18/2016Eugene G BanucciDirectorBuy2,000$38.80$77,600.00View SEC Filing  
2/16/2016Bruce Robinson JDirectorBuy1,000$34.19$34,190.00View SEC Filing  
6/16/2015Reuben WassermanDirectorSell7,500$49.41$370,575.00View SEC Filing  
6/11/2015Patrick AliasDirectorSell7,500$49.51$371,325.00View SEC Filing  
6/10/2015Richard MorinCFOSell15,000$50.06$750,900.00View SEC Filing  
6/10/2015Robert WillettCEOSell100,000$50.04$5,004,000.00View SEC Filing  
8/25/2014Patrick AliasDirectorSell7,500$43.20$324,000.00View SEC Filing  
8/25/2014Robert WillettCEOSell22,750$43.57$991,217.50View SEC Filing  
8/19/2014Robert WillettCEOSell6,750$42.94$289,845.00View SEC Filing  
8/11/2014Richard MorinCFOSell23,400$43.06$1,007,604.00View SEC Filing  
7/30/2014Richard MorinCFOSell6,600$43.34$286,044.00View SEC Filing  
7/30/2014Robert WillettCEOSell20,500$43.05$882,525.00View SEC Filing  
5/27/2014Robert WillettCEOSell48,700$36.02$1,754,174.00View SEC Filing  
5/2/2014Robert WillettCEOSell1,300$35.00$45,500.00View SEC Filing  
2/28/2014Richard MorinCFOSell15,000$38.06$570,900.00View SEC Filing  
2/25/2014Reuben WassermanDirectorSell6,000$37.44$224,640.00View SEC Filing  
2/24/2014Robert WillettCEOSell50,000$37.59$1,879,500.00View SEC Filing  
11/22/2013Robert WillettCEOSell33,249$32.04$1,065,297.96View SEC Filing  
11/19/2013Robert WillettCEOSell14,951$31.84$476,039.84View SEC Filing  
10/30/2013Anthony SunDirectorSell30,000$32.82$984,600.00View SEC Filing  
10/30/2013Robert J ShillmanChairmanSell49,000$32.83$1,608,670.00View SEC Filing  
9/11/2013Robert WillettCEOSell25,000$63.61$1,590,250.00View SEC Filing  
9/9/2013Richard MorinCFOSell7,500$60.38$452,850.00View SEC Filing  
9/3/2013Robert WillettCEOSell25,000$57.81$1,445,250.00View SEC Filing  
8/29/2013Patrick AliasDirectorSell10,875$46.87$509,711.25View SEC Filing  
8/9/2013Patrick AliasDirectorSell10,875$46.17$502,098.75View SEC Filing  
8/1/2013Richard MorinCFOSell7,500$55.66$417,450.00View SEC Filing  
7/31/2013Robert WillettCEOSell25,000$53.07$1,326,750.00View SEC Filing  
5/30/2013Robert WillettCEOSell10,400$44.71$464,984.00View SEC Filing  
5/29/2013Robert WillettCEOSell14,600$44.59$651,014.00View SEC Filing  
5/13/2013Richard MorinCFOSell15,000$44.36$665,400.00View SEC Filing  
11/14/2012Robert J ShillmanChairmanSell9,611$35.02$336,577.22View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Cognex (NASDAQ:CGNX)
Latest Headlines for Cognex (NASDAQ:CGNX)
DateHeadline logoETFs with exposure to Cognex Corp. : May 26, 2017 - May 26 at 4:43 PM logoCognex Co. (CGNX) Receives Average Rating of "Hold" from Analysts - May 26 at 9:24 AM logoThis Key Tenet Of Swing Trading Reduces Risk - May 19 at 4:09 PM logoCognex Co. (CGNX) CEO Robert Willett Sells 55,919 Shares - May 17 at 1:22 PM logoCognex to Webcast Conference Presentations - May 16 at 12:42 PM logoETFs with exposure to Cognex Corp. : May 15, 2017 - May 15 at 4:00 PM logo Brokerages Expect Cognex Co. (CGNX) Will Announce Quarterly Sales of $169.26 Million - May 11 at 1:02 PM logoCognex Co. (CGNX) CEO Robert Willett Sells 43,981 Shares - May 10 at 1:28 PM logo Brokerages Expect Cognex Co. (CGNX) to Announce $0.56 EPS - May 9 at 9:44 AM logoCognex to Present at J.P. Morgan Technology, Media and Telecom Conference - May 8 at 10:04 AM logoCognex Co. (CGNX) Downgraded to "Hold" at Zacks Investment Research - May 4 at 8:24 PM logoBrokers Issue Forecasts for Cognex Co.'s Q2 2017 Earnings (CGNX) - May 4 at 9:18 AM logoCognex (CGNX) Given News Impact Score of 0.34 - May 3 at 9:02 PM logoCognex Co. (CGNX) Upgraded to Buy by Zacks Investment Research - May 3 at 8:04 PM logoETFs with exposure to Cognex Corp. : May 3, 2017 - May 3 at 4:16 PM logoCognex Co. (CGNX) Receives Hold Rating from Canaccord Genuity - May 3 at 1:33 PM logoCognex Co. (CGNX) Rating Reiterated by Cowen and Company - May 2 at 7:46 PM logoCognex (CGNX) Q1 2017 Results - Earnings Call Transcript - May 2 at 7:30 PM logoCognex tops Street 1Q forecasts - May 2 at 7:30 PM logoEdited Transcript of CGNX earnings conference call or presentation 1-May-17 9:00pm GMT - May 2 at 7:30 PM logoCognex Corporation Prepares Investors for Another Strong Year - May 2 at 7:30 PM logoCognex Corp. :CGNX-US: Earnings Analysis: Q1, 2017 By the Numbers : May 2, 2017 - May 2 at 7:30 PM logoInvestor Network: Cognex Corporation to Host Earnings Call - May 1 at 4:15 PM logoCognex Reports Record First Quarter Results for Revenue, Net Income and Earnings Per Share - May 1 at 4:15 PM logoCognex Co. (CGNX) Raises Dividend to $0.09 Per Share - May 1 at 1:23 PM logoCognex Co. (CGNX) Receives Average Rating of "Hold" from Brokerages - May 1 at 12:28 PM logoCognex Authorizes New Stock Buyback Program - May 1 at 8:45 AM logoCognex Increases Quarterly Cash Dividend - May 1 at 8:45 AM logoCognex (CGNX) Given Media Sentiment Rating of 0.30 - April 30 at 4:33 PM logoCognex Co. (CGNX) Scheduled to Post Quarterly Earnings on Monday - April 29 at 1:17 AM logoCognex Co. (CGNX) Set to Announce Earnings on Monday - April 29 at 1:17 AM logoCognex (CGNX) Earning Somewhat Favorable Media Coverage, Study Shows - April 27 at 10:18 PM logoCognex Co. (CGNX) Downgraded to "Sell" at Zacks Investment Research - April 26 at 7:24 PM logoSomewhat Critical News Coverage Extremely Likely to Impact Cognex (CGNX) Share Price - April 24 at 2:46 PM logoCognex (CGNX) Receiving Somewhat Positive Media Coverage, Report Finds - April 20 at 6:15 PM logo$123.83 Million in Sales Expected for Cognex Co. (CGNX) This Quarter - April 20 at 2:48 PM logoCognex Co. (CGNX) Stock Rating Lowered by Zacks Investment Research - April 19 at 5:35 PM logoZacks: Analysts Anticipate Cognex Co. (CGNX) to Announce $0.28 EPS - April 18 at 8:15 AM logoCognex (CGNX) Earning Positive Press Coverage, Analysis Shows - April 17 at 9:39 AM logoCognex (CGNX) Earns News Sentiment Score of 0.31 - April 14 at 1:23 PM featured highlights: Cognex, Boise Cascade, Leucadia National, Walker & Dunlop and Ormat Technologies - April 12 at 10:49 AM logoCognex Announces First Quarter Earnings Release Date and Conference Call - April 10 at 12:23 PM logo5 ways to invest in the robot revolution - April 7 at 8:56 AM logoIs Cognex (CGNX) Stock a Solid Choice Right Now? - April 7 at 8:56 AM logoCognex Acquires Maker of Deep Learning Software for Industrial Machine Vision - April 7 at 8:56 AM logo3 Estimate-Beating Stocks to Keep On Your Radar - April 7 at 8:56 AM logoCognex Co. (CGNX) Rating Reiterated by Summit Redstone - April 5 at 9:01 AM logoCognex Co. (CGNX) Receives Average Rating of "Buy" from Analysts - April 4 at 1:19 PM logoCognex Co. (CGNX) Research Coverage Started at Goldman Sachs Group Inc - April 4 at 12:02 AM logoCoverage initiated on Cognex by Goldman - April 3 at 9:43 PM



Cognex (CGNX) Chart for Friday, May, 26, 2017

This page was last updated on 5/26/2017 by Staff