About Cognex (NASDAQ:CGNX)
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.
Industry, Sector and Symbol
Industry Process control instruments
Sub-IndustryElectronic Equipment & Instruments
SectorComputer and Technology
Trailing P/E Ratio31.50
Forward P/E Ratio39.72
Sales & Book Value
Annual Sales$747.95 million
Price / Sales10.56
Cash Flow$1.6006 per share
Price / Cash28.54
Book Value$6.33 per share
Price / Book7.22
EPS (Most Recent Fiscal Year)$1.45
Net Income$177.17 million
Return on Equity23.08%
Return on Assets20.22%
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 announced a quarterly dividend on Monday, April 30th. Shareholders of record on Friday, May 18th will be paid a dividend of $0.045 per share on Friday, June 1st. This represents a $0.18 annualized dividend and a yield of 0.39%. The ex-dividend date of this dividend is Thursday, May 17th. 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 distributed 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 declared that its Board of Directors has approved a stock repurchase program on Friday, February 16th 2018, which permits the company to repurchase $150,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its stock is undervalued.
How were Cognex's earnings last quarter?
Cognex Co. (NASDAQ:CGNX) released its quarterly earnings data on Thursday, February, 15th. The scientific and technical instruments company reported $0.30 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.25 by $0.05. The scientific and technical instruments company had revenue of $180.37 million for the quarter, compared to analysts' expectations of $178.75 million. Cognex had a return on equity of 23.08% and a net margin of 21.56%. The company's revenue for the quarter was up 39.5% on a year-over-year basis. During the same period in the previous year, the business posted $0.20 EPS. View Cognex's Earnings History.
When is Cognex's next earnings date?
What price target have analysts set for CGNX?
9 analysts have issued 1-year target prices for Cognex's shares. Their forecasts range from $40.00 to $80.00. On average, they expect Cognex's stock price to reach $57.4167 in the next year. View Analyst Ratings for Cognex.
Are investors shorting Cognex?
Cognex saw a decline in short interest in May. As of May 31st, there was short interest totalling 8,317,405 shares, a decline of 16.8% from the May 15th total of 9,992,092 shares. Based on an average daily volume of 1,428,495 shares, the short-interest ratio is presently 5.8 days. Currently, 5.0% of the shares of the company are sold short.
Who are some of Cognex's key competitors?
Some companies that are related to Cognex include Roper Technologies (ROP), Fortive (FTV), Keysight Technologies (KEYS), Sensata Technologies (ST), MKS Instruments (MKSI), Orbotech (ORBK), Esterline Technologies (ESL), Rudolph Technologies (RTEC), Mesa Laboratories (MLAB), Hurco Companies (HURC), Universal Detection Technology (UNDT), Clearsign Combustion (CLIR), International Isotopes (INIS), Sypris Solutions (SYPR) and Elbit Vision Systems (EVSNF).
Who are Cognex's key executives?
Cognex's management team includes the folowing people:
- Mr. Robert J. Willett, CEO, Pres, Exec. Director & Pres of Modular Vision Systems Division (Age 50)
- Mr. John J. Curran, Exec. 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)
Has Cognex been receiving favorable news coverage?
Media coverage about CGNX stock has trended somewhat positive on Sunday, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Cognex earned a coverage optimism score of 0.20 on Accern's scale. They also gave media headlines about the scientific and technical instruments company an impact score of 45.05 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.
Who are Cognex's major shareholders?
Cognex's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (9.66%), Neuberger Berman Group LLC (2.01%), Franklin Resources Inc. (1.52%), OppenheimerFunds Inc. (1.46%), Eagle Asset Management Inc. (1.37%) and Bamco Inc. NY (1.07%). Company insiders that own Cognex stock include Anthony Sun, Bruce Robinson J, Jeffrey Benjamin Miller, Jerry A Schneider, John J Curran, Patrick Alias, Richard Morin, Robert Willett and Theodor Krantz. View Institutional Ownership Trends for Cognex.
Which major investors are selling Cognex stock?
CGNX stock was sold by a variety of institutional investors in the last quarter, including Barclays PLC, Carillon Tower Advisers Inc., Eagle Asset Management Inc., Prudential Financial Inc., OppenheimerFunds Inc., Artisan Partners Limited Partnership, Federated Investors Inc. PA and Millennium Management LLC. Company insiders that have sold Cognex company stock in the last year include Anthony Sun, Bruce Robinson J, Jeffrey Benjamin Miller, Jerry A Schneider, John J Curran, Patrick Alias, Robert Willett and Theodor Krantz. View Insider Buying and Selling for Cognex.
Which major investors are buying Cognex stock?
CGNX stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Old Mutual Global Investors UK Ltd., Franklin Resources Inc., Ownership Capital B.V., Legal & General Group Plc, Baird Financial Group Inc., Allianz Asset Management GmbH and Allianz Asset Management GmbH. 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 $45.68.
How big of a company is Cognex?
Cognex has a market capitalization of $7.90 billion and generates $747.95 million in revenue each year. The scientific and technical instruments company earns $177.17 million in net income (profit) each year or $1.45 on an earnings per share basis. Cognex employs 1,771 workers across the globe.
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 (CGNX)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.