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Cognex (CGNX) Stock

Profile

Sector:

Technology

Country:

United States

IPO:

20 July 1989

Indexes:

Not included

Description:

Cognex Corporation is an American manufacturer of machine vision systems, software, and sensors used in automated production for inspecting and identifying parts, detecting defects, checking product assembly, and guiding assembly robots. The company was founded in 1981 and is headquartered in Natick, Massachusetts. Cognex Corp. offers a full range of machine vision systems and sensors, visualization software, and industrial image-based barcode readers. The company's machine vision products are used for automating production and tracking individual items, including mobile phones and car tires, by detecting, identifying, checking, and measuring them in the manufacturing or distribution process.

Key Details

Price

$36.73

TTM Dividend Yield

0.83%(+10.67% YoY)

PE Ratio

72.02(+23.68% YoY)

Beta

1.53

Events Calendar

Earnings

Next earnings date:

Feb 14, 2025

Recent quarterly earnings:

Oct 30, 2024

Recent annual earnings:

Feb 15, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 14, 2024
Splits

Next split:

N/A

Recent split:

Dec 04, 2017

Analyst ratings

Recent major analysts updates

02 Jan '25 Stephens & Co.
Overweight
19 Dec '24 Truist Securities
Hold
19 Dec '24 Cantor Fitzgerald
Overweight
05 Nov '24 Truist Securities
Hold
01 Nov '24 Needham
Buy
05 Aug '24 Stephens & Co.
Equal-Weight
05 Aug '24 DA Davidson
Neutral
05 Aug '24 Baird
Neutral
02 Aug '24 Truist Securities
Buy
02 Aug '24 Needham
Buy

Market Data

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Institutional Ownership

Here Are My 3 Top Growth Stocks to Buy Now
Here Are My 3 Top Growth Stocks to Buy Now
Here Are My 3 Top Growth Stocks to Buy Now
CGNX
fool.com27 December 2024

These three stocks are supported by significant trends that may not be obvious at first glance. Let's explore the hidden growth opportunities in Cognex Corporation, Trimble, and Delta Air Lines, and see why they are excellent investment choices for 2025.

Cognex to Present at the Baird Global Industrial Conference
Cognex to Present at the Baird Global Industrial Conference
Cognex to Present at the Baird Global Industrial Conference
CGNX
prnewswire.com11 November 2024

NATICK, Mass., Nov. 11, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) has announced that Rob Willett, the President and CEO, will speak at the Baird 2024 Global Industrial Conference on Thursday, November 14, 2024, starting at 10:05 a.m.

Cognex: Not Out Of The Woods Yet
Cognex: Not Out Of The Woods Yet
Cognex: Not Out Of The Woods Yet
CGNX
seekingalpha.com11 November 2024

Cognex's new customer initiative and the acquisition of Moritex are helping the company grow, but its main business is still facing challenges, especially in the automotive sector. Although areas like logistics and semiconductors are performing well, I believe that broader economic issues will continue to slow down strong growth. There may be some pressure on prices and investments that could affect profits in the short term, but this is not alarming considering Cognex's history of making profits.

Cognex Corporation (CGNX) Beats Q3 Earnings and Revenue Estimates
Cognex Corporation (CGNX) Beats Q3 Earnings and Revenue Estimates
Cognex Corporation (CGNX) Beats Q3 Earnings and Revenue Estimates
CGNX
zacks.com30 October 2024

Cognex Corporation (CGNX) reported quarterly earnings of $0.20 per share, which is higher than the Zacks Consensus Estimate of $0.17 per share. This is an increase compared to earnings of $0.16 per share from the same time last year.

Cognex Reports Third Quarter 2024 Results
Cognex Reports Third Quarter 2024 Results
Cognex Reports Third Quarter 2024 Results
CGNX
prnewswire.com30 October 2024

NATICK, Mass., Oct. 30, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) has announced its financial results for the third quarter of 2024.

2 Top Automation and Robotics Stocks to Buy in October
2 Top Automation and Robotics Stocks to Buy in October
2 Top Automation and Robotics Stocks to Buy in October
CGNX
fool.com29 September 2024

High interest rates are having a negative effect on the markets for automation and robotics. However, in the long run, automation is expected to grow due to better productivity, lower costs, higher quality, and improved analytics.

A Bull Market Is Here: 2 Incredibly Innovative Growth Stocks Down 14% and 59% to Buy Right Now
A Bull Market Is Here: 2 Incredibly Innovative Growth Stocks Down 14% and 59% to Buy Right Now
A Bull Market Is Here: 2 Incredibly Innovative Growth Stocks Down 14% and 59% to Buy Right Now
CGNX
fool.com19 September 2024

Nvidia has turned into a highly contested stock, yet it still holds a very strong position in the AI sector. Although Cognex is facing challenges in its markets in 2024, the future looks promising for the company.

Is the Options Market Predicting a Spike in Cognex (CGNX) Stock?
Is the Options Market Predicting a Spike in Cognex (CGNX) Stock?
Is the Options Market Predicting a Spike in Cognex (CGNX) Stock?
CGNX
zacks.com10 September 2024

Investors should closely monitor Cognex (CGNX) stock due to recent changes in the options market.

Here's Why Cognex Stock Slumped in August (and Why It's a Buying Opportunity)
Here's Why Cognex Stock Slumped in August (and Why It's a Buying Opportunity)
Here's Why Cognex Stock Slumped in August (and Why It's a Buying Opportunity)
CGNX
fool.com05 September 2024

In 2024, spending on cars and non-essential goods is still low. However, Cognex is seeing a rebound in logistics and semiconductors this year, which suggests a positive trend for its other key markets.

Inspection Machines Market Forecast Report 2024-2030, with Coverage of Major Players such as Brevetti C.E.A., Cognex, Korber, Mettler-Toledo, Sartorius and More
Inspection Machines Market Forecast Report 2024-2030, with Coverage of Major Players such as Brevetti C.E.A., Cognex, Korber, Mettler-Toledo, Sartorius and More
Inspection Machines Market Forecast Report 2024-2030, with Coverage of Major Players such as Brevetti C.E.A., Cognex, Korber, Mettler-Toledo, Sartorius and More
CGNX
globenewswire.com03 September 2024

Dublin, Sept. 03, 2024 (GLOBE NEWSWIRE) -- ResearchAndMarkets.com has released the "Inspection Machines - Global Strategic Business Report." The global market for inspection machines was valued at US$718.3 million in 2023 and is expected to grow to US$999.2 million by 2030, with a compound annual growth rate (CAGR) of 4.8%. These machines play a crucial role in quality control across various sectors, helping to identify defects and ensure products meet strict standards before they are shipped.

FAQ

  • What is the primary business of Cognex?
  • What is the ticker symbol for Cognex?
  • Does Cognex pay dividends?
  • What sector is Cognex in?
  • What industry is Cognex in?
  • What country is Cognex based in?
  • When did Cognex go public?
  • Is Cognex in the S&P 500?
  • Is Cognex in the NASDAQ 100?
  • Is Cognex in the Dow Jones?
  • When was Cognex's last earnings report?
  • When does Cognex report earnings?
  • Should I buy Cognex stock now?

What is the primary business of Cognex?

Cognex Corporation is an American manufacturer of machine vision systems, software, and sensors used in automated production for inspecting and identifying parts, detecting defects, checking product assembly, and guiding assembly robots. The company was founded in 1981 and is headquartered in Natick, Massachusetts. Cognex Corp. offers a full range of machine vision systems and sensors, visualization software, and industrial image-based barcode readers. The company's machine vision products are used for automating production and tracking individual items, including mobile phones and car tires, by detecting, identifying, checking, and measuring them in the manufacturing or distribution process.

What is the ticker symbol for Cognex?

The ticker symbol for Cognex is NASDAQ:CGNX

Does Cognex pay dividends?

Yes, Cognex pays dividends. The last payment was $0.08, with an ex-dividend date on 14 November 2024

What sector is Cognex in?

Cognex is in the Technology sector

What industry is Cognex in?

Cognex is in the Scientific & Technical Instruments industry

What country is Cognex based in?

Cognex is headquartered in United States

When did Cognex go public?

Cognex's initial public offering (IPO) was on 20 July 1989

Is Cognex in the S&P 500?

No, Cognex is not included in the S&P 500 index

Is Cognex in the NASDAQ 100?

No, Cognex is not included in the NASDAQ 100 index

Is Cognex in the Dow Jones?

No, Cognex is not included in the Dow Jones index

When was Cognex's last earnings report?

Cognex's most recent earnings report was on 30 October 2024

When does Cognex report earnings?

The next expected earnings date for Cognex is 14 February 2025

Should I buy Cognex stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions