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Why CSL Ltd Stock Could Be Worth a Look
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Why Your IRA Could Crash on January 16th? (Ad)
Closing prices for crude oil, gold and other commodities
EXPLAINER: What's the effect of Russian oil price cap, ban?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
Why Your IRA Could Crash on January 16th? (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Why Your IRA Could Crash on January 16th? (Ad)
Why CSL Ltd Stock Could Be Worth a Look
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Why Your IRA Could Crash on January 16th? (Ad)
Closing prices for crude oil, gold and other commodities
EXPLAINER: What's the effect of Russian oil price cap, ban?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
Why Your IRA Could Crash on January 16th? (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Why Your IRA Could Crash on January 16th? (Ad)
Why CSL Ltd Stock Could Be Worth a Look
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Why Your IRA Could Crash on January 16th? (Ad)
Closing prices for crude oil, gold and other commodities
EXPLAINER: What's the effect of Russian oil price cap, ban?
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Today Only: Get a 4K Camera Drone for Just $80
Why Your IRA Could Crash on January 16th? (Ad)
Pentagon debuts its new stealth bomber, the B-21 Raider
Prosecutor: Evidence shows Trump 'explicitly' OK'd tax fraud
Why Your IRA Could Crash on January 16th? (Ad)
Why CSL Ltd Stock Could Be Worth a Look
Group of Seven nations and Australia join EU in setting $60-per-barrel price cap on Russian oil
Why Your IRA Could Crash on January 16th? (Ad)
Closing prices for crude oil, gold and other commodities
EXPLAINER: What's the effect of Russian oil price cap, ban?
NASDAQ:CGNX

Cognex - CGNX Stock Forecast, Price & News

$50.76
+0.16 (+0.32%)
(As of 12/2/2022 12:00 AM ET)
Add
Compare
Today's Range
$49.67
$50.81
50-Day Range
$40.88
$51.21
52-Week Range
$40.21
$80.30
Volume
888,802 shs
Average Volume
863,815 shs
Market Capitalization
$8.78 billion
P/E Ratio
41.95
Dividend Yield
0.55%
Price Target
$52.92

Cognex MarketRank™ Forecast

Analyst Rating
Hold
2.27 Rating Score
Upside/​Downside
4.2% Upside
$52.92 Price Target
Short Interest
Healthy
2.85% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-2.12
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
9.52%
From $1.05 to $1.15 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.98 out of 5 stars

Computer And Technology Sector

429th out of 633 stocks

Process Control Instruments Industry

8th out of 11 stocks

CGNX stock logo

About Cognex (NASDAQ:CGNX) Stock

Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing 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; QuickBuild that allows customers to build vision applications with a graphical, flowchart-based programming interface; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; vision sensors for vision applications, such as checking the presence and size of parts; and the In-Sight product line of vision systems and sensors. In addition, the company offers DataMan, an image-based barcode readers and barcode verifiers. It sells its products to consumer electronics, automotive, consumer products, food and beverage, pharmaceuticals, and medical devices industries, as well as through a network of distributors and integrators. Cognex Corporation was incorporated in 1981 and is headquartered in Natick, Massachusetts.

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CGNX Stock News Headlines

Cognex (NASDAQ:CGNX) Cut to "Market Perform" at Cowen
Cognex PT Raised to $61 at Berenberg
Cognex (CGNX) Q3 2022 Earnings Call Transcript
A Look At The Fair Value Of Cognex Corporation (NASDAQ:CGNX)
Company News for Sep 21, 2022 - Nasdaq
See More Headlines
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CGNX Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 12/2 Dividend
11/17/2022
Dividend Payable
12/02/2022
Today
12/03/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/16/2023

Industry, Sector and Symbol

Industry
Process control instruments
Sub-Industry
Electronic Equipment & Instruments
Current Symbol
NASDAQ:CGNX
CUSIP
19242210
Employees
2,257
Year Founded
1981

Price Target and Rating

Average Stock Price Forecast
$52.92
High Stock Price Forecast
$80.00
Low Stock Price Forecast
$40.00
Forecasted Upside/Downside
+4.2%
Consensus Rating
Hold
Rating Score (0-4)
2.27
Research Coverage
11 Analysts

Profitability

Net Income
$279.88 million
Pretax Margin
24.68%

Debt

Sales & Book Value

Annual Sales
$1.04 billion
Cash Flow
$1.70 per share
Book Value
$8.03 per share

Miscellaneous

Free Float
165,840,000
Market Cap
$8.78 billion
Optionable
Optionable
Beta
1.58

Social Links


Key Executives

  • Mr. Robert J. WillettMr. Robert J. Willett (Age 54)
    CEO, Pres & Exec. Director
    Comp: $4.35M
  • Dr. Robert J. Shillman (Age 75)
    Founder, Chairman Emeritus & Adviser
    Comp: $216.05k
  • Mr. Paul D. TodghamMr. Paul D. Todgham (Age 45)
    Sr. VP of Fin. & CFO
    Comp: $881.31k
  • Ms. Sheila M. DiPalma CPAMs. Sheila M. DiPalma CPA (Age 55)
    Exec. VP of Employee Services and Corp. Officer & Chief Culture Officer
    Comp: $722.25k
  • Mr. Carl W. Gerst III (Age 54)
    Exec. VP of Vision, ID Products & Platforms
    Comp: $762.15k
  • Mr. Joerg Kuechen
    Sr. VP of Advanced Vision Technology & CTO
  • Ms. Susan Conway
    Sr. Director of Investor Relations
  • Mr. Todd Keebaug
    VP of Legal Services
  • Ms. Robin Pratt
    Corp. Communications Contractor
  • Mr. Didier Lacroix
    Sr. VP Worldwide Sales & Marketing













CGNX Stock - Frequently Asked Questions

Should I buy or sell Cognex stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last year. There are currently 2 sell ratings, 5 hold ratings, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" CGNX shares. 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.
View CGNX analyst ratings
or view top-rated stocks.

What is Cognex's stock price forecast for 2023?

11 Wall Street research analysts have issued 1 year price objectives for Cognex's shares. Their CGNX share price forecasts range from $40.00 to $80.00. On average, they anticipate the company's share price to reach $52.92 in the next year. This suggests a possible upside of 4.2% from the stock's current price.
View analysts price targets for CGNX
or view top-rated stocks among Wall Street analysts.

How have CGNX shares performed in 2022?

Cognex's stock was trading at $77.76 on January 1st, 2022. Since then, CGNX shares have decreased by 34.7% and is now trading at $50.76.
View the best growth stocks for 2022 here
.

When is Cognex's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 16th 2023.
View our CGNX earnings forecast
.

How were Cognex's earnings last quarter?

Cognex Co. (NASDAQ:CGNX) issued its quarterly earnings data on Thursday, November, 4th. The scientific and technical instruments company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.41 by $0.01. The scientific and technical instruments company had revenue of $284.85 million for the quarter, compared to analyst estimates of $288.32 million. Cognex had a trailing twelve-month return on equity of 16.89% and a net margin of 21.15%. The business's quarterly revenue was up 13.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.49 earnings per share.

How often does Cognex pay dividends? What is the dividend yield for Cognex?

Cognex declared a quarterly dividend on Thursday, November 3rd. Stockholders of record on Friday, November 18th will be given a dividend of $0.07 per share on Friday, December 2nd. This represents a $0.28 annualized dividend and a yield of 0.55%. The ex-dividend date is Thursday, November 17th. This is a boost from the stock's previous quarterly dividend of $0.07.
Read our dividend analysis for CGNX
.

Is Cognex a good dividend stock?

Cognex (NASDAQ:CGNX) pays an annual dividend of $0.28 per share and currently has a dividend yield of 0.55%. The company has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 23.14%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CGNX will have a dividend payout ratio of 24.35% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CGNX.

When did Cognex's stock split?

Shares of Cognex split before market open on Monday, December 4th 2017. The 2-1 split was announced on Monday, October 30th 2017. The newly created shares were distributed to shareholders after the closing bell on Friday, December 1st 2017. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

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

Cognex issued an update on its fourth quarter 2022 earnings guidance on Thursday, November, 10th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $235.00 million-$255.00 million, compared to the consensus revenue estimate of $226.23 million.

What is Robert Willett's approval rating as Cognex's CEO?

94 employees have rated Cognex Chief Executive Officer Robert Willett on Glassdoor.com. Robert Willett has an approval rating of 84% among the company's employees.

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), Netflix (NFLX), Micron Technology (MU), Advanced Micro Devices (AMD), Arista Networks (ANET), Activision Blizzard (ATVI), Block (SQ) and Walt Disney (DIS).

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. (9.54%), Vanguard Group Inc. (9.19%), Bank of New York Mellon Corp (6.59%), State Street Corp (3.23%), Alliancebernstein L.P. (2.97%) and Lazard Asset Management LLC (2.52%). Insiders that own company stock include Anthony Sun, Carl Gerst, Dianne M Parrotte, Eugene G Banucci, Jerry A Schneider, Jerry A Schneider, Patrick Alias, Paul Todgham, Robert Willett, Sheila Marie Dipalma and Theodor Krantz.
View institutional ownership trends
.

How do I buy shares of Cognex?

Shares of CGNX stock 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.
Compare Top Brokerages Here.

What is Cognex's stock price today?

One share of CGNX stock can currently be purchased for approximately $50.76.

How much money does Cognex make?

Cognex (NASDAQ:CGNX) has a market capitalization of $8.78 billion and generates $1.04 billion in revenue each year. The scientific and technical instruments company earns $279.88 million in net income (profit) each year or $1.21 on an earnings per share basis.

How many employees does Cognex have?

The company employs 2,257 workers across the globe.

Does Cognex have any subsidiaries?
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.
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How can I contact Cognex?

Cognex's mailing address is ONE VISION DRIVE, NATICK MA, 01760. The official website for the company is www.cognex.com. The scientific and technical instruments company can be reached via phone at (508) 650-3000, via email at susan.conway@cognex.com, or via fax at 508-650-3333.

This page (NASDAQ:CGNX) was last updated on 12/3/2022 by MarketBeat.com Staff