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Cognex (CGNX) Competitors

$48.16
-0.35 (-0.72%)
(As of 05/21/2024 ET)

CGNX vs. MKSI, ST, MLAB, HURC, KEYS, FTV, BWXT, DSGX, UI, and BZ

Should you be buying Cognex stock or one of its competitors? The main competitors of Cognex include MKS Instruments (MKSI), Sensata Technologies (ST), Mesa Laboratories (MLAB), Hurco Companies (HURC), Keysight Technologies (KEYS), Fortive (FTV), BWX Technologies (BWXT), The Descartes Systems Group (DSGX), Ubiquiti (UI), and Kanzhun (BZ).

Cognex vs.

Cognex (NASDAQ:CGNX) and MKS Instruments (NASDAQ:MKSI) are both mid-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their community ranking, media sentiment, earnings, analyst recommendations, institutional ownership, dividends, risk, valuation and profitability.

88.1% of Cognex shares are owned by institutional investors. Comparatively, 99.8% of MKS Instruments shares are owned by institutional investors. 1.3% of Cognex shares are owned by insiders. Comparatively, 0.5% of MKS Instruments shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Cognex has a net margin of 11.76% compared to MKS Instruments' net margin of -48.24%. MKS Instruments' return on equity of 13.90% beat Cognex's return on equity.

Company Net Margins Return on Equity Return on Assets
Cognex11.76% 6.81% 5.06%
MKS Instruments -48.24%13.90%3.77%

In the previous week, MKS Instruments had 5 more articles in the media than Cognex. MarketBeat recorded 8 mentions for MKS Instruments and 3 mentions for Cognex. Cognex's average media sentiment score of 1.61 beat MKS Instruments' score of 0.73 indicating that Cognex is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cognex
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
MKS Instruments
4 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Cognex has higher earnings, but lower revenue than MKS Instruments. MKS Instruments is trading at a lower price-to-earnings ratio than Cognex, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cognex$837.55M9.87$113.23M$0.5883.03
MKS Instruments$3.62B2.44-$1.84B-$26.69-4.94

Cognex pays an annual dividend of $0.30 per share and has a dividend yield of 0.6%. MKS Instruments pays an annual dividend of $0.88 per share and has a dividend yield of 0.7%. Cognex pays out 51.7% of its earnings in the form of a dividend. MKS Instruments pays out -3.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. MKS Instruments is clearly the better dividend stock, given its higher yield and lower payout ratio.

Cognex has a beta of 1.48, indicating that its stock price is 48% more volatile than the S&P 500. Comparatively, MKS Instruments has a beta of 1.69, indicating that its stock price is 69% more volatile than the S&P 500.

MKS Instruments received 19 more outperform votes than Cognex when rated by MarketBeat users. Likewise, 71.70% of users gave MKS Instruments an outperform vote while only 60.57% of users gave Cognex an outperform vote.

CompanyUnderperformOutperform
CognexOutperform Votes
513
60.57%
Underperform Votes
334
39.43%
MKS InstrumentsOutperform Votes
532
71.70%
Underperform Votes
210
28.30%

Cognex presently has a consensus price target of $49.15, indicating a potential upside of 2.06%. MKS Instruments has a consensus price target of $136.75, indicating a potential upside of 3.73%. Given MKS Instruments' stronger consensus rating and higher probable upside, analysts clearly believe MKS Instruments is more favorable than Cognex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cognex
2 Sell rating(s)
6 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.40
MKS Instruments
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75

Summary

MKS Instruments beats Cognex on 11 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CGNX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CGNX vs. The Competition

MetricCognexProcess control instruments IndustryComputer SectorNASDAQ Exchange
Market Cap$8.27B$23.09B$20.65B$8.00B
Dividend Yield0.63%0.95%2.72%3.91%
P/E Ratio83.0392.75251.3918.66
Price / Sales9.874.24546.9484.55
Price / Cash54.5417.9929.4929.27
Price / Book5.512.996.954.46
Net Income$113.23M$467.71M$605.14M$213.31M
7 Day Performance1.52%1.03%0.93%0.85%
1 Month Performance22.95%7.77%6.77%6.20%
1 Year Performance-8.68%20.95%26.85%10.05%

Cognex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MKSI
MKS Instruments
3.5682 of 5 stars
$124.55
+4.9%
$136.75
+9.8%
+50.5%$8.35B$3.62B-4.6710,200High Trading Volume
ST
Sensata Technologies
4.263 of 5 stars
$42.68
+0.2%
$43.78
+2.6%
+2.6%$6.42B$4.05B-387.9619,400Positive News
MLAB
Mesa Laboratories
1.1786 of 5 stars
$118.11
+1.5%
$130.00
+10.1%
-25.3%$636.61M$219.08M694.81698Upcoming Earnings
HURC
Hurco Companies
0.9838 of 5 stars
$17.72
+0.7%
N/A-18.9%$115.36M$227.81M84.38716
KEYS
Keysight Technologies
4.7209 of 5 stars
$151.50
+1.2%
$160.63
+6.0%
-6.9%$26.45B$5.46B27.8014,900Analyst Forecast
News Coverage
FTV
Fortive
4.8911 of 5 stars
$77.47
+0.8%
$86.46
+11.6%
+17.4%$27.27B$6.07B30.6218,000Positive News
BWXT
BWX Technologies
3.3749 of 5 stars
$89.18
+0.6%
$92.43
+3.6%
+33.7%$8.15B$2.50B32.207,800Positive News
DSGX
The Descartes Systems Group
2.9163 of 5 stars
$95.71
-1.7%
$97.60
+2.0%
+26.3%$8.16B$572.90M71.432,175Upcoming Earnings
UI
Ubiquiti
1.2164 of 5 stars
$137.28
+1.7%
$134.00
-2.4%
-12.0%$8.16B$1.91B23.711,059Gap Up
BZ
Kanzhun
2.2342 of 5 stars
$21.32
+2.2%
$20.38
-4.4%
+26.3%$8.01B$838.33M64.615,346News Coverage
Gap Down

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This page (NASDAQ:CGNX) was last updated on 5/22/2024 by MarketBeat.com Staff

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