NASDAQ:CGNX

Cognex Stock Forecast, Price & News

$80.14
+0.19 (+0.24 %)
(As of 06/14/2021 12:00 AM ET)
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Today's Range
$79.56
$80.43
50-Day Range
$73.17
$88.20
52-Week Range
$53.65
$101.82
Volume514,217 shs
Average Volume630,680 shs
Market Capitalization$14.15 billion
P/E Ratio63.60
Dividend Yield0.30%
Beta1.64
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Cognex logo

About Cognex

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; Cognex Designer that allows customers to build vision applications with a graphical, flowchart-based programming environment; and Cognex deep learning vision software. It also provides a range of inspection 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; the In-Sight product line of vision systems and sensors. In addition, the company offers ID products comprising DataMan 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. The company was founded in 1981 and is headquartered in Natick, Massachusetts.

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MarketRank

Overall MarketRank

1.93 out of 5 stars

Computer And Technology Sector

122nd out of 1,586 stocks

Process Control Instruments Industry

5th out of 25 stocks

Analyst Opinion: 1.2Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
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Cognex (NASDAQ:CGNX) Frequently Asked Questions

Is Cognex a buy right now?

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

What stocks does MarketBeat like better than Cognex?

Wall Street analysts have given Cognex a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Cognex wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Cognex?

Cognex saw a increase in short interest in the month of May. As of May 28th, there was short interest totaling 2,050,000 shares, an increase of 23.5% from the May 13th total of 1,660,000 shares. Based on an average trading volume of 743,700 shares, the short-interest ratio is currently 2.8 days. Approximately 1.2% of the company's shares are short sold.
View Cognex's Short Interest
.

When is Cognex's next earnings date?

Cognex is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Cognex
.

How were Cognex's earnings last quarter?

Cognex Co. (NASDAQ:CGNX) posted its quarterly earnings data on Thursday, May, 6th. The scientific and technical instruments company reported $0.39 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.35 by $0.04. The scientific and technical instruments company earned $239.03 million during the quarter, compared to analyst estimates of $239.33 million. Cognex had a net margin of 25.55% and a trailing twelve-month return on equity of 16.40%. Cognex's quarterly revenue was up 43.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.11 EPS.
View Cognex's earnings history
.

How has Cognex's stock price 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 103.4% and is now trading at $80.14.
View which stocks have been most impacted by COVID-19
.

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

Cognex declared a quarterly dividend on Thursday, May 6th. Investors of record on Friday, May 21st will be paid a dividend of $0.06 per share on Friday, June 4th. This represents a $0.24 dividend on an annualized basis and a yield of 0.30%. The ex-dividend date of this dividend is Thursday, May 20th.
View Cognex's dividend history
.

Is Cognex a good dividend stock?

Cognex pays an annual dividend of $0.24 per share and currently has a dividend yield of 0.30%. Cognex has been increasing its dividend for 5 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Cognex is 24.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Cognex will have a dividend payout ratio of 15.09% next year. This indicates that Cognex will be able to sustain or increase its dividend.
View Cognex's dividend history.

When did Cognex's stock split? How did Cognex's stock split work?

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 issued 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.

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

Cognex updated its second quarter 2021 earnings guidance on Thursday, May, 27th. The company provided earnings per share (EPS) guidance of - for the period. The company issued revenue guidance of $250 million-$270 million, compared to the consensus revenue estimate of $228.27 million.

What price target have analysts set for CGNX?

8 analysts have issued 12 month price objectives for Cognex's stock. Their forecasts range from $47.00 to $120.00. On average, they anticipate Cognex's share price to reach $82.00 in the next twelve months. This suggests a possible upside of 2.3% from the stock's current price.
View analysts' price targets for Cognex
or view top-rated stocks among Wall Street analysts.

Who are Cognex's key executives?

Cognex's management team includes the following people:
  • Mr. Robert J. Willett, CEO, Pres & Exec. Director (Age 53, Pay $185.12k) (LinkedIn Profile)
  • Dr. Robert J. Shillman, Founder, Chairman Emeritus & Adviser (Age 74, Pay $116.7k) (LinkedIn Profile)
  • Mr. Paul D. Todgham, Sr. VP of Fin. & CFO (Age 45, Pay $1.1M)
  • Ms. Sheila M. DiPalma CPA, Exec. VP of Employee Services & Corp. Officer (Age 54, Pay $543.8k) (LinkedIn Profile)
  • Mr. Carl W. Gerst III, Exec. VP of Vision, ID Products & Platforms (Age 53, Pay $534.79k)
  • Ms. Laura Ann MacDonald, VP & Corp. Controller (Age 52, Pay $447.7k)
  • 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

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

94 employees have rated Cognex CEO Robert Willett on Glassdoor.com. Robert Willett has an approval rating of 84% among Cognex's employees.

Who are some of Cognex's key 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), PayPal (PYPL), Netflix (NFLX), Micron Technology (MU), Advanced Micro Devices (AMD), Arista Networks (ANET), Activision Blizzard (ATVI), Square (SQ) and The 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 variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.73%), Bank of New York Mellon Corp (6.92%), Brown Capital Management LLC (4.88%), Alliancebernstein L.P. (2.76%), Price T Rowe Associates Inc. MD (1.92%) and Fred Alger Management LLC (1.86%). Company insiders that own Cognex stock include Anthony Sun, Carl Gerst, Dianne M Parrotte, Eugene G Banucci, Jerry A Schneider, Laura Ann Macdonald, Patrick Alias, 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 Price T Rowe Associates Inc. MD, Janus Henderson Group PLC, Fiera Capital Corp, Brown Capital Management LLC, Artisan Partners Limited Partnership, Standard Life Aberdeen plc, Schroder Investment Management Group, and New York State Common Retirement Fund. Company insiders that have sold Cognex company stock in the last year include Anthony Sun, Carl Gerst, Dianne M Parrotte, Eugene G Banucci, Jerry A Schneider, Patrick Alias, Robert Willett, Sheila Marie Dipalma, and Theodor Krantz.
View insider buying and selling activity for Cognex
or view top insider-selling stocks.

Which institutional investors are buying Cognex stock?

CGNX stock was bought by a variety of institutional investors in the last quarter, including Select Equity Group L.P., Nuveen Asset Management LLC, Fred Alger Management LLC, Lord Abbett & CO. LLC, Nordea Investment Management AB, Wilkinson Global Asset Management LLC, BlackRock Inc., and TimesSquare Capital Management LLC.
View insider buying and selling activity for Cognex
or or view top insider-buying stocks.

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 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 $80.14.

How much money does Cognex make?

Cognex has a market capitalization of $14.15 billion and generates $811.02 million in revenue each year. The scientific and technical instruments company earns $176.19 million in net income (profit) each year or $1.00 on an earnings per share basis.

How many employees does Cognex have?

Cognex employs 2,055 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.

When was Cognex founded?

Cognex was founded in 1981.

What is Cognex's official website?

The official website for Cognex is www.cognex.com.

Where are Cognex's headquarters?

Cognex is headquartered at ONE VISION DRIVE, NATICK MA, 01760.

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 6/15/2021 by MarketBeat.com Staff
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