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

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$50.79 -0.48 (-0.94 %)
(As of 02/21/2019 02:54 PM ET)
Previous Close$51.27
Today's Range$50.46 - $51.15
52-Week Range$34.88 - $59.18
Volume44,020 shs
Average Volume1.37 million shs
Market Capitalization$8.68 billion
P/E Ratio41.12
Dividend Yield0.39%
Beta1.89
Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate tasks primarily in manufacturing processes worldwide. The company offers machine vision products, which are used to automate the manufacturing 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. Its products include VisionPro, a software suite that provides various vision tools for programming; displacement sensors with vision software for use in 3D application; In-Sight vision systems that perform various vision tasks, including part location, identification, measurement, assembly verification, and robotic guidance; In-Sight vision sensors; ID products, including DataMan barcode readers and barcode verifiers, as well as vision-enabled mobile terminals for industrial barcode reading applications; and barcode scanning software development kits. The company 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. Cognex Corporation 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$1.3911 per share
Book Value$6.65 per share

Profitability

Net Income$219.26 million

Miscellaneous

Employees1,771
Market Cap$8.68 billion
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. Investors 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 yield of 0.39%. 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?

Shares of Cognex split on the morning of Monday, December 4th 2017. The 2-1 split was announced on Monday, October 30th 2017. The newly issued shares were issued 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.

How will Cognex's stock buyback program work?

Cognex announced that its board has approved a share repurchase plan on Monday, October 29th 2018, which permits the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to repurchase up to 2.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

How were Cognex's earnings last quarter?

Cognex Co. (NASDAQ:CGNX) issued its quarterly earnings data on Thursday, February, 14th. The scientific and technical instruments company reported $0.26 EPS for the quarter, topping the Thomson Reuters' 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 return on equity of 19.75% and a net margin of 27.19%. Cognex's revenue for the quarter was up 5.7% on a year-over-year basis. During the same period in the previous year, the business posted ($0.16) 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, April 29th 2019. View Earnings Estimates for Cognex.

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

Cognex issued an update on its first quarter 2019 earnings guidance on Thursday, February, 14th. The company provided earnings per share 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 brokerages have issued 1-year price targets for Cognex's stock. Their forecasts range from $40.00 to $57.00. On average, they expect Cognex's share price to reach $48.91 in the next twelve months. This suggests that the stock has a possible downside of 3.7%. 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?

Media stories about CGNX stock have trended somewhat positive recently, according to InfoTrie. The research group identifies negative and positive news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Cognex earned a daily sentiment score of 0.9 on InfoTrie's scale. They also gave media coverage about the scientific and technical instruments company a news buzz of 9.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days.

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), Micron Technology (MU), Paypal (PYPL), Arista Networks (ANET), Activision Blizzard (ATVI), Shopify (SHOP), Intuitive Surgical (ISRG) and Baidu (BIDU).

Who are Cognex's key executives?

Cognex's management team includes the folowing people:
  • Mr. Robert J. Willett, CEO, Pres & Exec. Director (Age 50)
  • Mr. John J. Curran, Sr. VP of Fin. & Admin., Treasurer and CFO (Age 52)
  • Mr. Richard A. Morin, Sr. VP & Sec. (Age 68)
  • Ms. Sheila DiPalma, Sr. VP of Corp. Employee Services & Corp. Officer (Age 51)
  • Dr. Robert J. Shillman, Founder, Exec. Chairman & Chief Culture Officer (Age 71)

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 New York State Common Retirement Fund (1.04%). 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 institutional 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, BlackRock Inc., Bank of America Corp DE, Handelsbanken Fonder AB, Los Angeles Capital Management & Equity Research Inc., Stifel Financial Corp, Pinnacle Associates Ltd. and Copeland Capital Management LLC. Company insiders that have sold Cognex company stock in the last year include Anthony Sun and Jerry A Schneider. View Insider Buying and Selling for Cognex.

Which institutional investors are buying Cognex stock?

CGNX stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Fundsmith LLP, Sumitomo Mitsui Asset Management Company LTD, Eagle Asset Management Inc., Manning & Napier Group LLC, First Trust Advisors LP, Nordea Investment Management AB and Bank of New York Mellon Corp. 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 $50.79.

How big of a company is Cognex?

Cognex has a market capitalization of $8.68 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 1,771 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:  390 (Vote Outperform)
Underperform Votes:  383 (Vote Underperform)
Total Votes:  773
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 2/21/2019 by MarketBeat.com Staff

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