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Cognex Corp (CGNX)
NASDAQ:CGNX
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CGNX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$34.28 - $53.13
Previous Close$38.96
Volume119.18K
Average Volume (3M)1.21M
Market Cap
$6.63B
Enterprise Value$6.47B
Total Cash (Recent Filing)$289.07M
Total Debt (Recent Filing)$74.18M
Price to Earnings (P/E)85.2
Beta1.49
Next Earnings
Oct 31, 2024EPS Estimate
$0.18Last Dividend Ex-Date
Aug 15, 2024Dividend Yield0.78%
Share Statistics
EPS (TTM)0.45
Shares Outstanding171,500,835
10 Day Avg. Volume874,587
30 Day Avg. Volume1,214,206
Standard Deviation0.11
R-Squared0.45
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)4.43
Price to Sales (P/S)7.85
Price to Cash Flow (P/CF)59.70
P/FCF Ratio71.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.66
Enterprise Value/Gross Profit10.76
Enterprise Value/Ebitda66.81
Forecast
1Y Price Target
$44.50Price Target Upside15.11% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering9
Cognex News
PremiumPress Releases
Cognex Reports Second Quarter 2024 Results
PremiumPress Releases
Cognex Declares Quarterly Cash Dividend
PremiumPre-Earnings
Is CGNX a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
Emerging Customer InitiativeExpansion into the mid-range of the broader factory automation market with its Emerging Customer Initiative becoming a bigger growth driver.
Logistics MarketRecovering demand in the logistic market and incremental revenue from CGNX's Emerging Customer Initiative can gain critical mass in 2025.
Semiconductor GrowthCGNX has started to see positive signals in Semis which grew approximately 20% in the quarter and Logistics grew strong double digits in the first half.
Bears Say
Emerging Customer InitiativeThe tone was more cautious on the company’s Emerging Customer initiative, which CGNX was initially targeting to generate $50MM of incremental revenue in 2024 but has been slower to ramp and now expected to fall short of that goal.
End MarketsThe outlook conveyed CGNX end markets are still mostly weak, with some downshifting in 2Q.
Sales PerformanceSales have lagged initial expectations.
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Ownership Overview
3.60% Insiders
33.88% Mutual Funds
61.47% Other Institutional Investors
1.05% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Ability to SellRisks related to the company’s ability to sell goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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CGNX FAQ
What was Cognex Corp’s price range in the past 12 months?
Cognex Corp lowest stock price was $34.28 and its highest was $53.13 in the past 12 months.
What is Cognex Corp’s market cap?
Currently, no data Available
When is Cognex Corp’s upcoming earnings report date?
Cognex Corp’s upcoming earnings report date is Oct 31, 2024 which is in 43 days.
How were Cognex Corp’s earnings last quarter?
Cognex Corp released its earnings results on Jul 31, 2024. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.02.
Is Cognex Corp overvalued?
According to Wall Street analysts Cognex Corp’s price is currently Undervalued.
Does Cognex Corp pay dividends?
Cognex Corp pays a Quarterly dividend of $0.07 which represents an annual dividend yield of 0.78%. See more information on Cognex Corp dividends here
What is Cognex Corp’s EPS estimate?
Cognex Corp’s EPS estimate is $0.18.
How many shares outstanding does Cognex Corp have?
Cognex Corp has 171,500,840 shares outstanding.
What happened to Cognex Corp’s price movement after its last earnings report?
Cognex Corp reported an EPS of $0.21 in its last earnings report, beating expectations of $0.19. Following the earnings report the stock price went down -21.244%.
Which hedge fund is a major shareholder of Cognex Corp?
Among the largest hedge funds holding Cognex Corp’s share is Royce & Associates LLC. It holds Cognex Corp’s shares valued at 64M.
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Cognex Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$44.50 (15.11% Upside)
$44.50 (15.11% Upside)
Blogger Sentiment
Bullish
CGNX Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 87.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $327.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.9%
Last 30 Days ▼ 3.5%
Last 30 Days ▼ 3.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-10.31%
12-Months-Change
Fundamentals
Return on Equity
5.25%
Trailing 12-Months
Asset Growth
0.30%
Trailing 12-Months
Company Description
Cognex Corp
Cognex Corp. engages in the provision of machine vision products that capture and analyze visual information in order to automate tasks, primarily in manufacturing processes, where vision is required. The company was founded by Robert J. Shillman, William Silver, and Marilyn Matz in 1981 and is headquartered in Natick, MA.
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CGNX Company Deck
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CGNX Earnings Call
Q2 2024
0:00 / 0:00
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CGNX Revenue Breakdown
39.45% Americas
26.35% Europe
19.59% Greater China
14.61% Other Asia
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CGNX Stock 12 Month Forecast
Average Price Target
$44.50
▲(15.11% Upside)
Technical Analysis
Best Analysts Covering CGNX
1 Year
1 Year Success Rate
8/11 ratings generated profit
1 Year Average Return
+4.58%
reiterated a sell rating 2 months ago
Copying Joe Ritchie's trades and holding each position for 1 Year would result in 72.73% of your transactions generating a profit, with an average return of +4.58% per trade.
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