Cognex Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last year. There are currently 2 sell ratings, 2 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research 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.
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Wall Street analysts have given Cognex a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Cognex wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Cognex saw a increase in short interest in May. As of May 28th, there was short interest totaling 2,050,000 shares, an increase of 23.5% from the May 13th total of 1,660,000 shares. Based on an average daily trading volume, of 743,700 shares, the short-interest ratio is presently 2.8 days. Currently, 1.2% of the company's stock are short sold.
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Cognex is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Cognex.

Cognex Co. (NASDAQ:CGNX) released its quarterly earnings results on Thursday, May, 6th. The scientific and technical instruments company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.35 by $0.04. The scientific and technical instruments company earned $239.03 million during the quarter, compared to analysts' expectations of $239.33 million. Cognex had a net margin of 25.55% and a trailing twelve-month return on equity of 16.40%. The company's quarterly revenue was up 43.0% on a year-over-year basis. During the same period last year, the company posted $0.11 EPS.
View Cognex's earnings history.

Cognex's stock was trading at $39.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CGNX stock has increased by 97.1% and is now trading at $77.67.
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Cognex declared a quarterly dividend on Thursday, May 6th. Shareholders of record on Friday, May 21st will be given a dividend of $0.06 per share on Friday, June 4th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.31%. The ex-dividend date of this dividend is Thursday, May 20th.
View Cognex's dividend history.

Cognex pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.30%. Cognex has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Cognex is 24.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cognex will have a dividend payout ratio of 15.09% next year. This indicates that Cognex will be able to sustain or increase its dividend.
View Cognex's dividend history.

Cognex's stock split on Monday, December 4th 2017. The 2-1 split was announced on Monday, October 30th 2017. The newly issued 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.

Cognex updated its second quarter 2021 earnings guidance on Thursday, May, 27th. The company provided EPS guidance of - for the period. The company issued revenue guidance of $250 million-$270 million, compared to the consensus revenue estimate of $228.27 million.

8 analysts have issued 1 year price objectives for Cognex's shares. Their forecasts range from $47.00 to $120.00. On average, they expect Cognex's stock price to reach $82.00 in the next year. This suggests a possible upside of 5.6% from the stock's current price.
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94 employees have rated Cognex CEO Robert Willett on Glassdoor.com. Robert Willett has an approval rating of 84% among Cognex's employees.

Some companies that are related to Cognex include Coherent (COHR), National Instruments (NATI), Itron (ITRI), Badger Meter (BMI), OSI Systems (OSIS), FARO Technologies (FARO), Mesa Laboratories (MLAB), Vishay Precision Group (VPG) and Daktronics (DAKT).
View all of CGNX's competitors.

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 The Walt Disney (DIS).

Cognex trades on the NASDAQ under the ticker symbol "CGNX."

Cognex's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.73%), Bank of New York Mellon Corp (6.92%), Brown Capital Management LLC (4.88%), Alliancebernstein L.P. (2.76%), Price T Rowe Associates Inc. MD (1.92%) and Fred Alger Management LLC (1.86%). Company insiders that own Cognex stock include Anthony Sun, Carl Gerst, Dianne M Parrotte, Eugene G Banucci, Jerry A Schneider, Laura Ann Macdonald, Patrick Alias, Robert Willett, Sheila Marie Dipalma and Theodor Krantz.
View institutional ownership trends for Cognex.

CGNX stock was sold by a variety of institutional investors in the last quarter, including Price T Rowe Associates Inc. MD, Janus Henderson Group PLC, Fiera Capital Corp, Brown Capital Management LLC, Artisan Partners Limited Partnership, Standard Life Aberdeen plc, Schroder Investment Management Group, and New York State Common Retirement Fund. Company insiders that have sold Cognex company stock in the last year include Anthony Sun, Carl Gerst, Dianne M Parrotte, Eugene G Banucci, Jerry A Schneider, Patrick Alias, Robert Willett, Sheila Marie Dipalma, and Theodor Krantz.
View insider buying and selling activity for Cognex or view top insider-selling stocks.

CGNX stock was bought by a variety of institutional investors in the last quarter, including Select Equity Group L.P., Nuveen Asset Management LLC, Fred Alger Management LLC, Lord Abbett & CO. LLC, Nordea Investment Management AB, Wilkinson Global Asset Management LLC, BlackRock Inc., and TimesSquare Capital Management LLC.
View insider buying and selling activity for Cognex or or view top insider-buying stocks.

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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One share of CGNX stock can currently be purchased for approximately $77.67.

Cognex has a market capitalization of $13.72 billion and generates $811.02 million in revenue each year. The scientific and technical instruments company earns $176.19 million in net income (profit) each year or $1.00 on an earnings per share basis.

Cognex employs 2,055 workers across the globe.

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.

Cognex was founded in 1981.

The official website for Cognex is www.cognex.com.

Cognex is headquartered at ONE VISION DRIVE, NATICK MA, 01760.

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]