Cognex Corporation (CGNX)
Market Cap | 6.70B |
Revenue (ttm) | 881.50M |
Net Income (ttm) | 89.05M |
Shares Out | 171.52M |
EPS (ttm) | 0.51 |
PE Ratio | 76.65 |
Forward PE | 46.10 |
Dividend | $0.32 (0.82%) |
Ex-Dividend Date | Nov 14, 2024 |
Volume | 1,071,690 |
Open | 39.03 |
Previous Close | 39.26 |
Day's Range | 38.18 - 39.24 |
52-Week Range | 34.79 - 53.13 |
Beta | 1.40 |
Analysts | Buy |
Price Target | 47.00 (+20.36%) |
Earnings Date | Oct 30, 2024 |
About CGNX
Cognex Corporation provides machine vision products that capture and analyze visual information 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, electric vehicle batteries, and e-commerce packages 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 th... [Read more]
Financial Performance
In 2023, Cognex's revenue was $837.55 million, a decrease of -16.75% compared to the previous year's $1.01 billion. Earnings were $113.23 million, a decrease of -47.46%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for CGNX stock is "Buy." The 12-month stock price forecast is $47.0, which is an increase of 20.36% from the latest price.
News
Cognex to Present at the Baird Global Industrial Conference
NATICK, Mass. , Nov. 11, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today announced that Rob Willett, President and Chief Executive Officer of Cognex, will present at the Baird 2024 Global...
Cognex: Not Out Of The Woods Yet
Cognex's emerging customer initiative and Moritex acquisition are driving growth, but the core business continues to struggle, with automotive an area of particular weakness. While end markets like lo...
Cognex Corporation (CGNX) Q3 2024 Earnings Call Transcript
Cognex Corporation (NASDAQ:CGNX) Q3 2024 Results Earnings Conference Call October 31, 2024 8:30 AM ET Company Participants Nathan McCurren - Head of Investor Relations and Treasurer Robert Willett - ...
Cognex Declares Quarterly Cash Dividend
NATICK, Mass. , Oct. 30, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today announced that the company's Board of Directors declared a quarterly cash dividend of $0.08 per share, payable on ...
Cognex Reports Third Quarter 2024 Results
NATICK, Mass. , Oct. 30, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today reported financial results for the third quarter of 2024.
Cognex Announces Third Quarter 2024 Earnings Release and Conference Call Dates
NATICK, Ma. , Oct. 11, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) will release earnings for the third quarter of 2024 on Wednesday, October 30, 2024, after market close.
10 Hypergrowth Blue-Chip Bargain Buys With This Market At Record Highs
The market is at record highs, and many investors worry about buying growth stocks in a bubble. Even at record highs, hypergrowth blue-chips are available at good to great prices, and these coiled spr...
Vision Sensor Market Size Worth $8.33 Billion, Globally, by 2030 - Exclusive Report by The Insight Partners
The vision sensor market size is projected to reach US$ 8.33 billion by 2030 from US$ 3.28 billion in 2022 to register a CAGR of 12.4% in 2022–2030. The vision sensor market size is projected to reach...
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
Dublin, Sept. 03, 2024 (GLOBE NEWSWIRE) -- The "Inspection Machines - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering. The global market for Inspection Machines w...
Cognex: Waiting For The Right Entry Point
Weak market conditions are driving an ongoing slowdown in Cognex's business. AI is a focus area for Cognex at the moment, but the challenging demand environment means that current investments will lik...
Cognex Launches AI-Powered Counting Tool for In-Sight SnAPP Vision Sensors
New AI tool simplifies counting inspections for manufacturers across all industries NATICK, Mass. , Aug. 6, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vis...
These Analysts Cut Their Forecasts On Cognex Following Q2 Results
Cognex Corporation CGNX reported mixed second-quarter financial results, after the closing bell on Wednesday.
Cognex Corporation (CGNX) Q2 2024 Earnings Call Transcript
Cognex Corporation. (NASDAQ:CGNX) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Nathan McCurren - Head of Investor Relations Robert Willett - President, Chief Execut...
Cognex Reports Second Quarter 2024 Results
NATICK, Mass. , July 31, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today reported financial results for the second quarter of 2024.
Cognex Announces Second Quarter 2024 Earnings Release and Conference Call Dates
NATICK, Mass. , July 12, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) will release earnings for the second quarter of 2024 on Wednesday, July 31, 2024, after market close.
Cognex Suffering From Blurred Vision As End-Market Capex Trends Sort Themselves Out
Cognex has been struggling due to weak capex cycles in major end-markets, leading to a sharp reset in investor expectations for revenue and margins. Key end-markets like auto and consumer electronics ...
Cognex (CGNX) Q1 2024 Earnings Call Transcript
Cognex Corporation (NASDAQ:CGNX) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Robert Willett - President, Chief Executive Officer Nathan McCurren - Head of Investor Re...
Cognex Reports First Quarter 2024 Results
NATICK, Mass. , May 2, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today reported financial results for the first quarter of 2024.
Cognex Names Dennis Fehr as Chief Financial Officer
NATICK, Mass. , May 2, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), a leading provider of machine vision for factory and warehouse automation, today announced the appointment of Dennis Fehr...
Cognex Customers Reach New Levels of Success with AI-Powered Solutions
AI provides broader capabilities and enhanced ease of use to accelerate automation projects NATICK, Mass. , April 25, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), a leading provider of mach...
Cognex Announces First Quarter Earnings Release Date and Conference Call
NATICK, Mass., April 11, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) will release earnings for the first quarter of 2024 on Thursday, May 2, 2024, before the market opens, and will host a c...
Cognex Launches the World's First 3D Vision System with AI
AI-powered 3D vision system offers fast deployment and reliable inspections for manufacturing automation NATICK, Mass. , April 2, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the leader in ...
Cognex ($CGNX) Unveils New Data-Driven 380 Modular Vision Tunnel with a Greater Than 99% Read Rate
Cognex (NASDAQ: CGNX), a leading provider of industrial machine vision solutions, has unveiled the 380 Modular Vision Tunnel, an innovative addition to its Modular Vision Tunnel lineup. Featuring Cogn...
Cognex Launches Flexible, Data-Driven Tunnel Solution Powered by the DataMan 380 Barcode Reader
The 380 Modular Vision Tunnel expands the capabilities of logistics operations NATICK, Mass. , March 27, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision...
Cognex to Present at Raymond James Institutional Investors Conference
NATICK, Mass. , Feb. 29, 2024 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX) today announced that Rob Willett, President and Chief Executive Officer of Cognex, will present at the 45th Annual Raymo...