NASDAQ:CGNXCognex Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Cognex Co. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $57.96 +1.73 (+3.08 %) (As of 06/5/2020 04:00 PM ET) Add Compare Share Today's Range$56.76Now: $57.96▼$58.4650-Day Range$45.13MA: $55.25▼$63.1152-Week Range$35.20Now: $57.96▼$64.28Volume1.03 million shsAverage Volume1.22 million shsMarket Capitalization$9.95 billionP/E Ratio52.69Dividend Yield0.39%Beta1.79 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 1.9 Analyst's Opinion Consensus RatingCognex has received a consensus rating of Hold. The company's average rating score is 1.82, and is based on 2 buy ratings, 5 hold ratings, and 4 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $48.90, Cognex has a potential downside of 15.6% from its current price of $57.96.Amount of Analyst CoverageCognex has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.4 Community Rank Outperform VotesCognex has received 464 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCognex has received 507 “underperform” votes. (Add your “underperform” vote.)Community SentimentCognex has received 52.21% “underperform” votes from our community.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. Previous Next 5.0 Dividend Strength Dividend LeadershipCognex is a leading dividend payer. It pays a dividend yield of 0.39%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCognex has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of Cognex is 18.97 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Cognex will have a dividend payout ratio of 25.58 % next year. This indicates that Cognex will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cognex insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.20% of the stock of Cognex is held by insiders.Percentage Held by Institutions94.01% of the stock of Cognex is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Cognex are expected to grow by 48.28% in the coming year, from $0.58 to $0.86 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cognex is 52.69, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.36.Price to Earnings Ratio vs. SectorThe P/E ratio of Cognex is 52.69, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 40.17.Price to Book Value per Share RatioCognex has a P/B Ratio of 7.38. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.9Community Rank: 2.4Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.44 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Process control instruments Sub-IndustryElectronic Equipment & Instruments SectorComputer and Technology Current SymbolNASDAQ:CGNX Previous Symbol CUSIP19242210 CIK851205 Webwww.cognex.com Phone508-650-3000Debt Debt-to-Equity Ratio0.01 Current Ratio3.95 Quick Ratio3.59Price-To-Earnings Trailing P/E Ratio52.69 Forward P/E Ratio99.93 P/E GrowthN/A Sales & Book Value Annual Sales$725.63 million Price / Sales13.71 Cash Flow$1.32 per share Price / Cash Flow44.03 Book Value$7.85 per share Price / Book7.38Profitability EPS (Most Recent Fiscal Year)$1.16 Net Income$203.87 million Net Margins26.58% Return on Equity14.96% Return on Assets11.75%Miscellaneous Employees2,267 Outstanding Shares171,688,000Market Cap$9.95 billion Next Earnings Date8/3/2020 (Estimated) OptionableOptionable NASDAQ:CGNX Rates by TradingView Receive CGNX News and Ratings via Email Sign-up to receive the latest news and ratings for CGNX and its competitors with MarketBeat's FREE daily newsletter. Cognex (NASDAQ:CGNX) Frequently Asked Questions How has Cognex's stock been impacted by COVID-19 (Coronavirus)? 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. Since then, CGNX shares have increased by 47.1% and is now trading at $57.96. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Cognex? 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last year. There are currently 4 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Cognex. When is Cognex's next earnings date? Cognex is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Cognex. How were Cognex's earnings last quarter? Cognex Co. (NASDAQ:CGNX) issued its quarterly earnings data on Monday, April, 27th. The scientific and technical instruments company reported $0.11 EPS for the quarter, beating the Zacks' consensus estimate of $0.08 by $0.03. The scientific and technical instruments company earned $167.20 million during the quarter, compared to analysts' expectations of $154.89 million. Cognex had a net margin of 26.58% and a return on equity of 14.96%. Cognex's revenue for the quarter was down 3.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.17 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 Monday, April 27th. Investors of record on Friday, May 15th will be given a dividend of $0.055 per share on Friday, May 29th. This represents a $0.22 dividend on an annualized basis and a yield of 0.38%. The ex-dividend date is Thursday, May 14th. View Cognex's dividend history. When did Cognex's stock split? How did Cognex's stock split work? Cognex's stock 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 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 of Directors has authorized a stock repurchase program on Monday, October 29th 2018, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 2.8% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its shares are undervalued. What price target have analysts set for CGNX? 11 analysts have issued 12 month price targets for Cognex's stock. Their forecasts range from $36.00 to $60.00. On average, they expect Cognex's stock price to reach $48.90 in the next year. This suggests that the stock has a possible downside of 15.6%. View analysts' price targets for Cognex. Has Cognex been receiving favorable news coverage? Media stories about CGNX stock have been trending very positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Cognex earned a daily sentiment score of 4.0 on InfoTrie's scale. They also gave headlines about the scientific and technical instruments company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the stock's share price in the near term. View the latest news aboutCognex. Who are some of Cognex's key competitors? Some companies that are related to Cognex include FLIR Systems (FLIR), National Instruments (NATI), Coherent (COHR), Itron (ITRI), Badger Meter (BMI), OSI Systems (OSIS), Mesa Laboratories (MLAB), FARO Technologies (FARO), MTS Systems (MTSC), Vishay Precision Group (VPG) and Daktronics (DAKT). View all 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), Arista Networks (ANET), Paypal (PYPL), Micron Technology (MU), Netflix (NFLX), Walt Disney (DIS), Advanced Micro Devices (AMD), Activision Blizzard (ATVI) and Skyworks Solutions (SWKS). Who are Cognex's key executives? Cognex's management team includes the following 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)Ms. Sheila M DiPalma CPA, Sr. VP of Corp. Employee Services & Corp. Officer (Age 52)Ms. Susan Conway, Sr. Director of Investor Relations 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 number of retail and institutional investors. Top institutional investors include BlackRock Inc. (9.78%), Bank of New York Mellon Corp (7.30%), Brown Capital Management LLC (5.44%), State Street Corp (3.16%), Janus Henderson Group PLC (2.98%) and Eagle Asset Management Inc. (2.15%). Company insiders that own Cognex stock include Anthony Sun, Dianne M Parrotte, Jerry A Schneider, John J Curran, Laura Ann Macdonald, Robert Willett, Sheila Marie Dipalma 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 Fred Alger Management LLC, Manning & Napier Group LLC, Balyasny Asset Management LLC, BlackRock Inc., Federated Hermes Inc., UBS Group AG, Morgan Stanley, and Morgan Stanley. Company insiders that have sold Cognex company stock in the last year include Dianne M Parrotte, Jerry A Schneider, Laura Ann Macdonald, Robert Willett, Sheila Marie Dipalma, and Theodor Krantz. View insider buying and selling activity for Cognex. Which institutional investors are buying Cognex stock? CGNX stock was purchased by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Pictet Asset Management Ltd., Fundsmith LLP, New York State Common Retirement Fund, First Trust Advisors LP, Alliancebernstein L.P., Westpac Banking Corp, and Swiss National Bank. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Cognex's stock price today? One share of CGNX stock can currently be purchased for approximately $57.96. How big of a company is Cognex? Cognex has a market capitalization of $9.95 billion and generates $725.63 million in revenue each year. The scientific and technical instruments company earns $203.87 million in net income (profit) each year or $1.16 on an earnings per share basis. Cognex employs 2,267 workers across the globe. 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 or via email at [email protected] This page was last updated on 6/5/2020 by MarketBeat.com Staff
