NASDAQ:CGNX

Cognex Competitors

$85.76
-0.21 (-0.24 %)
(As of 04/16/2021 12:00 AM ET)
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Today's Range
$85.68
Now: $85.76
$87.11
50-Day Range
$75.19
MA: $81.67
$85.97
52-Week Range
$45.60
Now: $85.76
$101.82
Volume469,500 shs
Average Volume818,071 shs
Market Capitalization$15.15 billion
P/E Ratio80.91
Dividend Yield0.28%
Beta1.64

Competitors

Cognex (NASDAQ:CGNX) Vs. FLIR, COHR, NATI, ITRI, BMI, and OSIS

Should you be buying CGNX stock or one of its competitors? Companies in the sub-industry of "electronic equipment & instruments" are considered alternatives and competitors to Cognex, including FLIR Systems (FLIR), Coherent (COHR), National Instruments (NATI), Itron (ITRI), Badger Meter (BMI), and OSI Systems (OSIS).

FLIR Systems (NASDAQ:FLIR) and Cognex (NASDAQ:CGNX) are both aerospace companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, earnings, dividends, institutional ownership, analyst recommendations, risk and profitability.

Earnings & Valuation

This table compares FLIR Systems and Cognex's top-line revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
FLIR Systems$1.89 billion4.08$171.60 million$2.2326.25
Cognex$725.63 million20.87$203.87 million$1.1673.93

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

Dividends

FLIR Systems pays an annual dividend of $0.68 per share and has a dividend yield of 1.2%. Cognex pays an annual dividend of $0.24 per share and has a dividend yield of 0.3%. FLIR Systems pays out 30.5% of its earnings in the form of a dividend. Cognex pays out 20.7% 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. FLIR Systems has increased its dividend for 1 consecutive years and Cognex has increased its dividend for 5 consecutive years.

Risk and Volatility

FLIR Systems has a beta of 1.52, indicating that its stock price is 52% more volatile than the S&P 500. Comparatively, Cognex has a beta of 1.64, indicating that its stock price is 64% more volatile than the S&P 500.

Insider and Institutional Ownership

88.7% of FLIR Systems shares are held by institutional investors. Comparatively, 91.5% of Cognex shares are held by institutional investors. 1.6% of FLIR Systems shares are held by company insiders. Comparatively, 5.2% of Cognex shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Profitability

This table compares FLIR Systems and Cognex's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
FLIR Systems7.36%16.85%9.52%
Cognex24.72%13.45%9.64%

Analyst Recommendations

This is a summary of current ratings and target prices for FLIR Systems and Cognex, as reported by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
FLIR Systems15102.00
Cognex23402.22

FLIR Systems currently has a consensus target price of $54.25, suggesting a potential downside of 7.31%. Cognex has a consensus target price of $72.3750, suggesting a potential downside of 15.61%. Given FLIR Systems' higher possible upside, equities analysts clearly believe FLIR Systems is more favorable than Cognex.

Summary

Cognex beats FLIR Systems on 12 of the 17 factors compared between the two stocks.

Cognex (NASDAQ:CGNX) and Coherent (NASDAQ:COHR) are both computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their dividends, risk, analyst recommendations, earnings, profitability, institutional ownership and valuation.

Analyst Ratings

This is a breakdown of recent recommendations for Cognex and Coherent, as reported by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Cognex23402.22
Coherent07302.30

Cognex currently has a consensus target price of $72.3750, indicating a potential downside of 15.61%. Coherent has a consensus target price of $169.00, indicating a potential downside of 36.95%. Given Cognex's higher possible upside, equities research analysts plainly believe Cognex is more favorable than Coherent.

Earnings & Valuation

This table compares Cognex and Coherent's revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cognex$725.63 million20.87$203.87 million$1.1673.93
Coherent$1.23 billion5.34$-414,140,000.00$1.44186.14

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

Profitability

This table compares Cognex and Coherent's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Cognex24.72%13.45%9.64%
Coherent-33.70%3.41%1.81%

Volatility and Risk

Cognex has a beta of 1.64, meaning that its stock price is 64% more volatile than the S&P 500. Comparatively, Coherent has a beta of 1.54, meaning that its stock price is 54% more volatile than the S&P 500.

Insider & Institutional Ownership

91.5% of Cognex shares are owned by institutional investors. Comparatively, 91.8% of Coherent shares are owned by institutional investors. 5.2% of Cognex shares are owned by company insiders. Comparatively, 0.6% of Coherent shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Summary

Cognex beats Coherent on 10 of the 14 factors compared between the two stocks.

Cognex (NASDAQ:CGNX) and National Instruments (NASDAQ:NATI) are both computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, institutional ownership, risk, analyst recommendations, valuation, dividends and profitability.

Dividends

Cognex pays an annual dividend of $0.24 per share and has a dividend yield of 0.3%. National Instruments pays an annual dividend of $1.08 per share and has a dividend yield of 2.4%. Cognex pays out 20.7% of its earnings in the form of a dividend. National Instruments pays out 82.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Cognex has increased its dividend for 5 consecutive years and National Instruments has increased its dividend for 1 consecutive years.

Earnings and Valuation

This table compares Cognex and National Instruments' gross revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cognex$725.63 million20.87$203.87 million$1.1673.93
National Instruments$1.35 billion4.35$162.15 million$1.3134.12

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

Volatility and Risk

Cognex has a beta of 1.64, meaning that its share price is 64% more volatile than the S&P 500. Comparatively, National Instruments has a beta of 1.1, meaning that its share price is 10% more volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and price targets for Cognex and National Instruments, as reported by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Cognex23402.22
National Instruments14102.00

Cognex presently has a consensus target price of $72.3750, suggesting a potential downside of 15.61%. National Instruments has a consensus target price of $40.8333, suggesting a potential downside of 8.65%. Given National Instruments' higher possible upside, analysts clearly believe National Instruments is more favorable than Cognex.

Profitability

This table compares Cognex and National Instruments' net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Cognex24.72%13.45%9.64%
National Instruments15.35%10.01%6.99%

Insider and Institutional Ownership

91.5% of Cognex shares are owned by institutional investors. Comparatively, 86.1% of National Instruments shares are owned by institutional investors. 5.2% of Cognex shares are owned by insiders. Comparatively, 1.9% of National Instruments shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Summary

Cognex beats National Instruments on 13 of the 17 factors compared between the two stocks.

Cognex (NASDAQ:CGNX) and Itron (NASDAQ:ITRI) are both computer and technology companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, profitability, risk, dividends, earnings and valuation.

Insider & Institutional Ownership

91.5% of Cognex shares are owned by institutional investors. Comparatively, 96.5% of Itron shares are owned by institutional investors. 5.2% of Cognex shares are owned by insiders. Comparatively, 1.7% of Itron shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares Cognex and Itron's revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cognex$725.63 million20.87$203.87 million$1.1673.93
Itron$2.50 billion1.59$49.01 million$3.3226.57

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

Profitability

This table compares Cognex and Itron's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Cognex24.72%13.45%9.64%
Itron-2.85%9.74%2.64%

Risk & Volatility

Cognex has a beta of 1.64, suggesting that its stock price is 64% more volatile than the S&P 500. Comparatively, Itron has a beta of 1.18, suggesting that its stock price is 18% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of recent ratings and target prices for Cognex and Itron, as reported by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Cognex23402.22
Itron111002.75

Cognex presently has a consensus target price of $72.3750, suggesting a potential downside of 15.61%. Itron has a consensus target price of $97.4545, suggesting a potential upside of 10.47%. Given Itron's stronger consensus rating and higher probable upside, analysts plainly believe Itron is more favorable than Cognex.

Summary

Cognex beats Itron on 8 of the 14 factors compared between the two stocks.

Cognex (NASDAQ:CGNX) and Badger Meter (NYSE:BMI) are both computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, institutional ownership, analyst recommendations, dividends, risk, earnings and valuation.

Profitability

This table compares Cognex and Badger Meter's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Cognex24.72%13.45%9.64%
Badger Meter11.53%14.28%11.15%

Earnings and Valuation

This table compares Cognex and Badger Meter's gross revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cognex$725.63 million20.87$203.87 million$1.1673.93
Badger Meter$424.63 million6.58$47.18 million$1.6159.53

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

Insider and Institutional Ownership

91.5% of Cognex shares are owned by institutional investors. Comparatively, 85.9% of Badger Meter shares are owned by institutional investors. 5.2% of Cognex shares are owned by company insiders. Comparatively, 0.8% of Badger Meter shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Dividends

Cognex pays an annual dividend of $0.24 per share and has a dividend yield of 0.3%. Badger Meter pays an annual dividend of $0.72 per share and has a dividend yield of 0.8%. Cognex pays out 20.7% of its earnings in the form of a dividend. Badger Meter pays out 44.7% 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. Cognex has raised its dividend for 5 consecutive years and Badger Meter has raised its dividend for 19 consecutive years. Badger Meter is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Analyst Ratings

This is a summary of recent recommendations and price targets for Cognex and Badger Meter, as reported by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Cognex23402.22
Badger Meter12102.00

Cognex presently has a consensus price target of $72.3750, suggesting a potential downside of 15.61%. Badger Meter has a consensus price target of $76.75, suggesting a potential downside of 19.93%. Given Cognex's stronger consensus rating and higher possible upside, research analysts plainly believe Cognex is more favorable than Badger Meter.

Volatility & Risk

Cognex has a beta of 1.64, suggesting that its stock price is 64% more volatile than the S&P 500. Comparatively, Badger Meter has a beta of 0.77, suggesting that its stock price is 23% less volatile than the S&P 500.

Summary

Cognex beats Badger Meter on 12 of the 17 factors compared between the two stocks.

OSI Systems (NASDAQ:OSIS) and Cognex (NASDAQ:CGNX) are both computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their dividends, valuation, earnings, institutional ownership, risk, analyst recommendations and profitability.

Risk and Volatility

OSI Systems has a beta of 0.92, indicating that its share price is 8% less volatile than the S&P 500. Comparatively, Cognex has a beta of 1.64, indicating that its share price is 64% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of recent ratings and target prices for OSI Systems and Cognex, as reported by MarketBeat.com.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
OSI Systems00403.00
Cognex23402.22

OSI Systems currently has a consensus price target of $104.75, suggesting a potential upside of 6.16%. Cognex has a consensus price target of $72.3750, suggesting a potential downside of 15.61%. Given OSI Systems' stronger consensus rating and higher probable upside, analysts plainly believe OSI Systems is more favorable than Cognex.

Profitability

This table compares OSI Systems and Cognex's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
OSI Systems5.65%15.70%6.86%
Cognex24.72%13.45%9.64%

Institutional & Insider Ownership

92.6% of OSI Systems shares are owned by institutional investors. Comparatively, 91.5% of Cognex shares are owned by institutional investors. 6.6% of OSI Systems shares are owned by insiders. Comparatively, 5.2% of Cognex shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

Valuation & Earnings

This table compares OSI Systems and Cognex's revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
OSI Systems$1.17 billion1.52$82.67 million$4.6021.45
Cognex$725.63 million20.87$203.87 million$1.1673.93

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

Summary

OSI Systems beats Cognex on 7 of the 13 factors compared between the two stocks.


Cognex Competitors List

Competitor NameCompetitor BTM RankCompetitor PriceCompetitor Price ChangeCompetitor Market CapCompetitor RevenueCompetitor P/E RatioCompetitor Indicator(s)
FLIR Systems logo
FLIR
FLIR Systems
1.5$58.53-0.2%$7.69 billion$1.89 billion55.74Increase in Short Interest
Coherent logo
COHR
Coherent
1.5$268.04-0.2%$6.56 billion$1.23 billion-15.59Analyst Downgrade
Increase in Short Interest
National Instruments logo
NATI
National Instruments
1.5$44.70-0.9%$5.88 billion$1.35 billion29.80
Itron logo
ITRI
Itron
1.9$88.22-0.6%$3.98 billion$2.50 billion-54.46
Badger Meter logo
BMI
Badger Meter
2.0$95.85-0.0%$2.79 billion$424.63 million57.40Upcoming Earnings
OSI Systems logo
OSIS
OSI Systems
1.6$98.67-0.2%$1.77 billion$1.17 billion28.60
FARO Technologies logo
FARO
FARO Technologies
1.6$86.71-3.6%$1.54 billion$381.77 million-19.89News Coverage
Mesa Laboratories logo
MLAB
Mesa Laboratories
1.5$253.06-0.0%$1.30 billion$117.69 million-361.51
MTS Systems logo
MTSC
MTS Systems
1.0$58.49-0.0%$1.14 billion$828.59 million-4.14
Vishay Precision Group logo
VPG
Vishay Precision Group
2.1$31.01-0.1%$422.05 million$283.96 million29.25
Daktronics logo
DAKT
Daktronics
0.7$6.41-1.7%$402.23 million$608.93 million-128.20
This page was last updated on 4/19/2021 by MarketBeat.com Staff
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