NASDAQ:CGNX - Cognex Stock Price, Forecast & News

Cognex trades on the NASDAQ under the ticker symbol "CGNX."

Cognex declared a quarterly dividend on Monday, October 28th. Stockholders of record on Friday, November 15th will be given a dividend of $0.055 per share on Friday, November 29th. This represents a $0.22 annualized dividend and a dividend yield of 0.38%. The ex-dividend date is Thursday, November 14th. This is a boost from Cognex's previous quarterly dividend of $0.05. View Cognex's Dividend History.

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 issued 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.

Cognex announced that its board has initiated a stock repurchase plan on Monday, October 29th 2018, which allows the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 2.8% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's leadership believes its stock is undervalued.

Cognex Co. (NASDAQ:CGNX) announced its quarterly earnings data on Monday, October, 28th. The scientific and technical instruments company reported $0.24 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.21 by $0.03. The scientific and technical instruments company earned $183.33 million during the quarter, compared to analysts' expectations of $177.78 million. Cognex had a return on equity of 14.21% and a net margin of 22.55%. The firm's revenue was down 21.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.45 earnings per share. View Cognex's Earnings History.

Cognex is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Cognex.

Cognex will be holding an earnings conference call on Thursday, February 13th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

10 equities research analysts have issued 1-year price targets for Cognex's stock. Their forecasts range from $36.00 to $60.00. On average, they anticipate Cognex's stock price to reach $49.00 in the next year. This suggests that the stock has a possible downside of 16.4%. View Analyst Price Targets for Cognex.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cognex in the last year. There are currently 1 sell rating, 8 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Cognex.

News stories about CGNX stock have trended extremely negative on Monday, according to InfoTrie. The research group ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cognex earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave media headlines about the scientific and technical instruments company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for Cognex.

Cognex saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 6,700,000 shares, an increase of 8.9% from the December 15th total of 6,150,000 shares. Based on an average daily trading volume, of 867,900 shares, the days-to-cover ratio is currently 7.7 days. Currently, 4.1% of the shares of the company are short sold. View Cognex's Current Options Chain.

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), MTS Systems (MTSC), FARO Technologies (FARO), Vishay Precision Group (VPG) and Daktronics (DAKT).

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), Micron Technology (MU), Activision Blizzard (ATVI), Advanced Micro Devices (AMD) and Baidu (BIDU).

Cognex's stock is owned by a number of of retail and institutional investors. Top institutional investors include Manning & Napier Group LLC (0.55%), Riverbridge Partners LLC (0.26%), Welch & Forbes LLC (0.21%), Kopion Asset Management LLC (0.04%), Sonora Investment Management LLC (0.04%) and Louisiana State Employees Retirement System (0.02%). 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.

CGNX stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, State of Alaska Department of Revenue, Nisa Investment Advisors LLC, Sonora Investment Management LLC, Welch & Forbes LLC, Riverbridge Partners LLC and Northstar Asset Management LLC. Company insiders that have sold Cognex company stock in the last year include Dianne M Parrotte, John J Curran, Laura Ann Macdonald, Robert Willett, Sheila Marie Dipalma and Theodor Krantz. View Insider Buying and Selling for Cognex.

CGNX stock was purchased by a variety of institutional investors in the last quarter, including Kopion Asset Management LLC, Sciencast Management LP, D.B. Root & Company LLC, CenterStar Asset Management LLC, DNB Asset Management AS, Lenox Wealth Advisors LLC, Huntington National Bank and Gradient Investments LLC. View Insider Buying and Selling for 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.

One share of CGNX stock can currently be purchased for approximately $58.64.

Cognex has a market capitalization of $10.02 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 2,124 workers across the globe.View Additional Information About Cognex.

The official website for Cognex is http://www.cognex.com/.

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]