CGNX

Cognex Corporation [CGNX] Stock Forecast

Q: What is Cognex Corporation stock symbol ?

Cognex Corporation is a US stock, located in Natick of Ma and trading under the symbol CGNX

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CGNX Stock Summary

Earnings are expected to rise 25.56% next year

CGNX's dividend payments are well covered by cash flows with cash payout ratio of 27.99%.

Profit margins (0.19%) are lower than the previous year (0.21%)

CGNX has less than 1 year of cash runway

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In the News

04:35 29 Sep 2023 CGNX

Cognex: Missing The 'Vision' In This Vision Play

Cognex Corporation, a machine vision company, has been underperforming despite its strong positioning in the industry. Revenues have been flat in recent years, and the company's stock price has been range-bound. The acquisition of Moritex is expected to add 6-8% to total sales, but the deal is not expected to be accretive until 2025.

09:48 29 Sep 2023 CGNX

5 Computer Vision Stocks with a Clear Path to Growth

AI is hot; today's craze is just the tip of the iceberg. While large language models, generative AI, and image-producing algorithms are neat, the next phase of AI will start generating cash flow for companies other than NVIDIA NASDAQ: NVDA and the data center group in which generative AI is grounded.

08:40 29 Sep 2023 CGNX

Top 5 Tech Stocks Which Could Rescue Your Portfolio This Month - Cognex (NASDAQ:CGNX), Apple (NASDAQ:AAPL)

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

08:06 29 Sep 2023 CGNX

Cognex Announces Second Quarter Earnings Release Date and Conference Call

NATICK, Mass.--(BUSINESS WIRE)--Cognex announces second quarter earnings release date and conference call.

06:15 29 Sep 2023 CGNX

3 Red-Hot Nasdaq Stocks That Are Leading Industrial Automation, Robotics, and AI

PTC has tons of upside in the years to come. There's a lot to like about Cognex, except for its valuation.

08:40 29 Sep 2023 CGNX

Cognex: Automation Leader Leveraging AI

Cognex's financial performance is currently weak as customers are generally cutting back on capital expenditures. Despite this challenge, the manufacturing investment boom in the US should support the business. Given current headwinds, the stock appears fully valued, but investors may not get a much better entry point.

05:11 29 Sep 2023 CGNX

A Bull Market Is Coming: 2 Artificial Intelligence (AI) Growth Stocks Down 41% and 51% to Buy Now

Artificial intelligence could add $13 trillion to global economic output by 2030. Datadog is a leader in several observability software verticals but the company has hardly scratched the surface of its addressable market.

09:04 29 Sep 2023 CGNX

Cognex: Soft Performance Despite A Strong Positioning

Cognex has been well positioned to benefit from increased machine vision applications in industrial, e-commerce and logistics settings. I like the promise of the business, but the overall performance has been a bit soft. Amidst shares outperforming the actual performance of the business, I am inclined to take some profits here, not convinced on the execution part of the story.

04:31 29 Sep 2023 CGNX

Cognex Announces Participation at Upcoming Investor Conferences

NATICK, Mass.--(BUSINESS WIRE)--Cognex announces participation at upcoming investor conferences.

11:33 29 Sep 2023 CGNX

Dividend Champion, Contender, And Challenger Highlights: Week Of May 14

A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends.

CGNX Financial details

Company Rating

Buy

Market Cap

7.31B

Income

172.38M

Revenue

892.69M

Book val./share

8.59

Cash/share

2.14

Dividend

0.28

Dividend %

0.66%

Employees

2.44K

Optionable

Shortable

Yes

Earnings

01 Nov 2023

P/E

42.35

Forward P/E

PEG

-11.41

P/S

8.17

P/B

4.93

P/C

19.85

P/FCF

38.69

Quick Ratio

2.88

Current Ratio

3.98

Debt / Equity

0.05

LT Debt / Equity

0.04

EPS (TTM)

EPS next Y

EPS next Q

0.51

EPS this Y

-22.01%

EPS next Y

EPS next 5Y

60.5%

EPS last 5Y

-0.48%

Revenue last 5Y

4.53%

Revenue Q/Q

20.58%

EPS Q/Q

120%

SMA20

-10.64%

SMA50

-26.32%

SMA100

-14.29%

Inst Own

89.83%

Inst Trans

ROA

ROE

12%

ROC

0.1%

Gross Margin

72%

Oper. Margin

20%

Profit Margin

19%

Payout

28%

Shs Outstand

172.29M

Shs Float

166.15M

Target Price

57.67

52W Range

40.21-59.51

52W High

-28.01%

52W Low

+6.19%

RSI

Rel Volume

0.45

Avg Volume

835.8K

Volume

376.16K

Perf Week

-0.22%

Perf Month

-7.7%

Perf Quarter

-12.51%

Perf Half Y

-10.37%

Beta

1.55774

Volatility

0.27%, 2.09%

Prev Close

0.32%

Price

42.475

Change

0.99%

CGNX Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2022-12-31

Metric	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Revenue per share	4.68	4.24	4.67	5.88	5.8
Net income per share	1.27	1.19	1.02	1.59	1.24
Operating cash flow per share	1.3	1.48	1.4	1.78	1.4
Free cash flow per share	1.08	1.35	1.32	1.69	1.29
Cash per share	7.11	6.34	2.15	5.92	6.19
Book value per share	6.59	7.92	7.28	8.1	8.29
Tangible book value per share	5.87	6.27	5.78	6.67	6.82
Share holders equity per share	6.59	7.92	7.28	8.1	8.29
Interest debt per share	0.03	0.14	0.15	0.19	0.37
Market cap	6.66B	9.59B	13.93B	13.72B	8.17B
Enterprise value	5.87B	8.77B	13.69B	12.84B	7.36B
P/E ratio	30.39	47.06	79.06	49.03	37.9
Price to sales ratio	8.26	13.22	17.18	13.23	8.12
POCF ratio	29.82	37.89	57.46	43.69	33.56
PFCF ratio	35.76	41.45	60.8	45.95	36.51
P/B Ratio	5.87	7.08	11.04	9.6	5.68
PTB ratio	5.87	7.08	11.04	9.6	5.68
EV to sales	7.28	12.08	16.88	12.38	7.32
Enterprise value over EBITDA	28.24	71.73	54.46	41.25	25.69
EV to operating cash flow	26.25	34.62	56.46	40.88	30.25
EV to free cash flow	31.48	37.87	59.74	43	32.91
Earnings yield	0.03	0.02	0.01	0.02	0.03
Free cash flow yield	0.03	0.02	0.02	0.02	0.03
Debt to equity	0	0.02	0.02	0.02	0.03
Debt to assets	0	0.01	0.01	0.02	0.02
Net debt to EBITDA	-3.84	-6.77	-0.97	-2.83	-2.81
Current ratio	6.7	6.19	4.55	4.82	4.83
Interest coverage	0	0	0	0	15.09
Income quality	1.02	1.24	1.38	1.12	1.13
Dividend Yield	0	0	0.03	0	0.01
Payout ratio	0.15	0.17	2.22	0.15	0.21
Sales general and administrative to revenue	0	0	0	0	0
Research and developement to revenue	0.14	0.16	0.16	0.13	0.14
Intangibles to total assets	0.1	0.15	0.14	0.13	0.13
Capex to operating cash flow	-0.17	-0.09	-0.05	-0.05	-0.08
Capex to revenue	-0.05	-0.03	-0.02	-0.01	-0.02
Capex to depreciation	-1.72	-0.87	-0.5	-0.76	-1
Stock based compensation to revenue	0.05	0.06	0.05	0.04	0.05
Graham number	13.73	14.57	12.89	17.01	15.23
ROIC	0.18	0.09	0.12	0.19	0.14
Return on tangible assets	0.19	0.13	0.11	0.16	0.13
Graham Net	7.01	3.87	-0.21	3.55	4.09
Working capital	857.83M	845.99M	469.39M	912.07M	874.02M
Tangible asset value	1.01B	1.07B	1B	1.18B	1.18B
Net current asset value	853.96M	478.84M	63.19M	577.25M	582.4M
Invested capital	0	0.02	0.02	0.02	0.03
Average receivables	127.16M	115.47M	117.39M	130.84M	127.88M
Average payables	84.08M	73.26M	43.17M	76.38M	128.41M
Average inventory	75.6M	71.77M	60.55M	86.97M	117.79M
Days sales outstanding	57.71	52.04	59.1	45.88	45.5
Days payables outstanding	135.42	134.77	28.77	179.67	154.56
Days of inventory on hand	147.53	115.91	107.56	148.89	157.31
Receivables turnover	6.33	7.01	6.18	7.96	8.02
Payables turnover	2.7	2.71	12.69	2.03	2.36
Inventory turnover	2.47	3.15	3.39	2.45	2.32
ROE	0.19	0.15	0.14	0.2	0.15
Capex per share	-0.22	-0.13	-0.08	-0.09	-0.11

Quarterly Fundamentals Overview

Last date of statement is 2023-07-02 for Q2

Metric	2022-07-03	2022-10-02	2022-12-31	2023-04-02	2023-07-02
Revenue per share	1.58	1.21	1.39	1.17	1.41
Net income per share	0.34	0.2	0.32	0.15	0.33
Operating cash flow per share	0.25	0.48	0.38	0.16	0.17
Free cash flow per share	0.22	0.46	0.36	0.13	0.15
Cash per share	2.07	5.92	6.21	2.21	2.14
Book value per share	8.01	8.02	8.33	8.38	8.59
Tangible book value per share	6.57	6.59	6.85	6.91	7.12
Share holders equity per share	8.01	8.02	8.33	8.38	8.59
Interest debt per share	0.37	0.35	0.22	0.21	0.41
Market cap	7.54B	7.53B	8.14B	8.51B	9.66B
Enterprise value	7.4B	6.77B	7.33B	8.38B	9.55B
P/E ratio	32.01	55.37	36.77	83.01	42
Price to sales ratio	27.46	35.9	33.98	42.29	39.82
POCF ratio	170.98	90.11	122.79	308.68	323.5
PFCF ratio	201.43	95.07	130.81	385.79	383.95
P/B Ratio	5.43	5.42	5.66	5.88	6.52
PTB ratio	5.43	5.42	5.66	5.88	6.52
EV to sales	26.94	32.28	30.61	41.67	39.37
Enterprise value over EBITDA	74.92	145.59	136.42	362.67	165.53
EV to operating cash flow	167.74	81.03	110.62	304.16	319.9
EV to free cash flow	197.62	85.48	117.85	380.14	379.68
Earnings yield	0.01	0	0.01	0	0.01
Free cash flow yield	0	0.01	0.01	0	0
Debt to equity	0.02	0.04	0.03	0.03	0.05
Debt to assets	0.02	0.03	0.02	0.02	0.04
Net debt to EBITDA	-1.45	-16.33	-15	-5.39	-1.86
Current ratio	3.82	4.41	4.83	3.37	3.98
Interest coverage	3.18	17.63	-5.18	-5.47	0
Income quality	0.75	2.46	1.2	1.08	0.52
Dividend Yield	0	0	0	0	0
Payout ratio	0.19	0.33	0.22	0.47	0.21
Sales general and administrative to revenue	0.3	0.38	0	0	0
Research and developement to revenue	0.12	0.16	0.16	0.19	0.14
Intangibles to total assets	0.13	0.13	0.13	0.13	0.13
Capex to operating cash flow	-0.15	-0.05	-0.06	-0.2	-0.16
Capex to revenue	-0.02	-0.02	-0.02	-0.03	-0.02
Capex to depreciation	-1.38	-0.89	-0.82	-1.12	-0.95
Stock based compensation to revenue	0.05	0.06	0.05	0.08	0.05
Graham number	7.82	5.95	7.75	5.29	8.02
ROIC	0.06	0.02	0.03	0.01	0.03
Return on tangible assets	0.03	0.02	0.03	0.01	0.03
Graham Net	-0.09	3.7	4.1	0.15	0.16
Working capital	542.52M	790.73M	874.02M	508.19M	537.92M
Tangible asset value	1.14B	1.14B	1.18B	1.19B	1.23B
Net current asset value	181.66M	511.46M	582.4M	194.43M	200.73M
Invested capital	0.02	0.04	0.03	0.03	0.05
Average receivables	165.3M	134.99M	110.85M	135.96M	148.31M
Average payables	32.55M	53.35M	103.34M	73.64M	26.52M
Average inventory	116.34M	102.28M	115.52M	124.81M	126.69M
Days sales outstanding	56.92	41.34	47.14	65.56	55.71
Days payables outstanding	23.45	135.41	155.01	42.25	37.4
Days of inventory on hand	110.58	170.26	157.77	199.41	180.81
Receivables turnover	1.58	2.18	1.91	1.37	1.62
Payables turnover	3.84	0.66	0.58	2.13	2.41
Inventory turnover	0.81	0.53	0.57	0.45	0.5
ROE	0.04	0.02	0.04	0.02	0.04
Capex per share	-0.04	-0.03	-0.02	-0.03	-0.03

CGNX Dividend History

CGNX Frequently Asked Questions

What is Cognex Corporation stock symbol ?

Cognex Corporation is a US stock , located in Natick of Ma and trading under the symbol CGNX

Is Cognex Corporation buy or a sell ?

11 stock analysts have 11 predictions with a medium analyst target price of $64.18. The lowest prediction is $41 and the highest is $92

What is CGNX stock prediction ?

What is Cognex Corporation stock quote today ?

Cognex Corporation stock price is $42.475 today.

Is Cognex Corporation stock public?

Yes, Cognex Corporation is a publicly traded company.

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Company Profile

Volume Average 835.8K
Market Capitalization 7.31B
Employee 2.44K
CEO Mr. Robert J. Willett
Headquarters Natick,MA,US
IPO Date 1989-07-20
Website https://www.cognex.com

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; QuickBuild that allows customers to build vision applications with a graphical, flowchart-based programming interface; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; vision sensors for vision applications, such as checking the presence and size of parts; and the In-Sight product line of vision systems and sensors. In addition, the company offers DataMan, an 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. Cognex Corporation was incorporated in 1981 and is headquartered in Natick, Massachusetts.