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 $46.19 +0.56 (+1.23 %) (As of 04/9/2020 04:00 PM ET) Add Compare Share Today's Range$45.36Now: $46.19▼$47.3850-Day Range$38.23MA: $44.73▼$53.7652-Week Range$35.20Now: $46.19▼$59.14Volume953,378 shsAverage Volume1.68 million shsMarket Capitalization$7.98 billionP/E Ratio39.48Dividend Yield0.50%Beta1.72 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider 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™ 1.0 Analyst's Opinion Consensus RatingCognex has received a consensus rating of Hold. The company's average rating score is 1.90, and is based on 1 buy rating, 7 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $47.67, Cognex has a potential upside of 3.2% from its current price of $46.19.Amount of Analyst CoverageCognex has only been the subject of 1 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesCognex has received 461 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCognex has received 500 “underperform” votes. (Add your “underperform” vote.)Community SentimentCognex has received 52.03% “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 0.50%, 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 21.15 % 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 sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $615,960.00 in company stock.Percentage Held by InsidersOnly 5.20% of the stock of Cognex is held by insiders.Percentage Held by Institutions93.07% 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 55.22% in the coming year, from $0.67 to $1.04 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Cognex is 39.48, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 12.54.Price to Earnings Ratio vs. SectorThe P/E ratio of Cognex is 39.48, 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 34.81.Price to Book Value per Share RatioCognex has a P/B Ratio of 5.88. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.0Community Rank: 2.4Dividend Strength: 5.0Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.25 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 Webhttp://www.cognex.com/ Phone508-650-3000Debt Debt-to-Equity Ratio0.01 Current Ratio5.04 Quick Ratio4.54Price-To-Earnings Trailing P/E Ratio39.48 Forward P/E Ratio68.94 P/E GrowthN/A Sales & Book Value Annual Sales$725.63 million Price / Sales11.00 Cash Flow$1.38 per share Price / Cash Flow33.41 Book Value$7.85 per share Price / Book5.88Profitability EPS (Most Recent Fiscal Year)$1.16 Net Income$203.87 million Net Margins28.09% Return on Equity16.39% Return on Assets13.64%Miscellaneous Employees2,267 Outstanding Shares172,790,000Market Cap$7.98 billion Next Earnings Date4/27/2020 (Confirmed) OptionableOptionable 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. NASDAQ:CGNX Rates by TradingView 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CGNX shares have increased by 17.2% and is now trading at $46.19. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Cognex? 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last year. There are currently 2 sell ratings, 7 hold ratings and 1 buy rating 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, April 27th 2020. View our earnings forecast for Cognex. How can I listen to Cognex's earnings call? Cognex will be holding an earnings conference call on Monday, April 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available. How were Cognex's earnings last quarter? Cognex Co. (NASDAQ:CGNX) issued its quarterly earnings results on Thursday, February, 13th. The scientific and technical instruments company reported $0.11 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.13 by $0.02. The scientific and technical instruments company had revenue of $169.77 million for the quarter, compared to analysts' expectations of $161.20 million. Cognex had a return on equity of 16.39% and a net margin of 28.09%. View Cognex's earnings history. How often does Cognex pay dividends? What is the dividend yield for Cognex? Cognex declared a quarterly dividend on Thursday, February 13th. Shareholders of record on Friday, February 28th will be given a dividend of $0.055 per share on Friday, March 13th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date is Thursday, February 27th. View Cognex's dividend history. When did Cognex's stock split? How did Cognex's stock split work? Cognex's stock 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 payable 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 of Directors has authorized a stock buyback 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 shares through open market purchases. Shares repurchase plans are usually a sign that the company's leadership believes its shares are undervalued. What guidance has Cognex issued on next quarter's earnings? Cognex issued an update on its first quarter 2020 After-Hours earnings guidance on Thursday, February, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $155-170 million, compared to the consensus revenue estimate of $177.09 million. What price target have analysts set for CGNX? 10 brokers 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 share price to reach $47.67 in the next twelve months. This suggests a possible upside of 3.2% from the stock's current price. View analysts' price targets for Cognex. Has Cognex been receiving favorable news coverage? Media stories about CGNX stock have been trending very negative recently, InfoTrie reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded 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 -3.3 on InfoTrie's scale. They also assigned news coverage about the scientific and technical instruments company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutCognex. Are investors shorting Cognex? Cognex saw a decline in short interest in March. As of March 13th, there was short interest totaling 6,241,100 shares, a decline of 10.6% from the February 27th total of 6,980,000 shares. Based on an average daily trading volume, of 1,311,500 shares, the short-interest ratio is presently 4.8 days. Currently, 3.8% of the company's shares are short sold. View Cognex's Current Options Chain. Who are some of Cognex's key competitors? Some companies that are related to Cognex include National Instruments (NATI), FLIR Systems (FLIR), 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). 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), Paypal (PYPL), Arista Networks (ANET), Walt Disney (DIS), Netflix (NFLX), Activision Blizzard (ATVI), Micron Technology (MU), Advanced Micro Devices (AMD) and Baidu (BIDU). 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 many different retail and institutional investors. Top institutional shareholders include Kopion Asset Management LLC (0.04%), State of Alaska Department of Revenue (0.02%), IFM Investors Pty Ltd (0.01%), Provenire Capital LLC (0.01%) and Cox Capital Mgt LLC (0.00%). 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 Kopion Asset Management LLC, and IFM Investors Pty Ltd. Company insiders that have sold Cognex company stock in the last year include Dianne M Parrotte, Jerry A Schneider, John J Curran, 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 acquired by a variety of institutional investors in the last quarter, including Provenire Capital LLC, State of Alaska Department of Revenue, and Cox Capital Mgt LLC. 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 $46.19. How big of a company is Cognex? Cognex has a market capitalization of $7.98 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. View additional information about Cognex. 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] This page was last updated on 4/9/2020 by MarketBeat.com StaffFeatured Article: Coverage Ratio
