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After finishing at $38.96 in the prior trading day, Cognex Corp. (NASDAQ: CGNX) closed at $38.52, down -1.13%. In other words, the price has decreased by -$1.13 from its previous closing price. On the day, 1.08 million shares were traded. CGNX stock price reached its highest trading level at $38.695 during the session, while it also had its lowest trading level at $38.01.
Ratios:
Our goal is to gain a better understanding of CGNX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 87.52. For the most recent quarter (mrq), Quick Ratio is recorded 3.04 and its Current Ratio is at 3.97. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on July 29, 2024, Reiterated its Buy rating but revised its target price to $57 from $48 previously.
On July 23, 2024, Vertical Research started tracking the stock assigning a Buy rating and target price of $58.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 04 ’24 when Fehr Dennis bought 6,570 shares for $38.04 per share. The transaction valued at 249,920 led to the insider holds 6,570 shares of the business.
PARROTTE DIANNE M bought 2,000 shares of CGNX for $77,230 on Aug 07 ’24. The Director now owns 11,340 shares after completing the transaction at $38.62 per share. On Mar 12 ’24, another insider, Kuechen Joerg, who serves as the Chief Technology Officer of the company, sold 5,331 shares for $40.93 each. As a result, the insider received 218,212 and left with 2,934 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CGNX now has a Market Capitalization of 6606218240 and an Enterprise Value of 6466780672. As of this moment, Cognex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 84.94, and their Forward P/E ratio for the next fiscal year is 38.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 28.60. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.83 while its Price-to-Book (P/B) ratio in mrq is 4.38. Its current Enterprise Value per Revenue stands at 7.662 whereas that against EBITDA is 54.546.
Stock Price History:
Over the past 52 weeks, CGNX has reached a high of $53.13, while it has fallen to a 52-week low of $34.28. The 50-Day Moving Average of the stock is -1.33%, while the 200-Day Moving Average is calculated to be -7.80%.
Shares Statistics:
The stock has traded on average 1.19M shares per day over the past 3-months and 863030 shares per day over the last 10 days, according to various share statistics. A total of 171.60M shares are outstanding, with a floating share count of 171.07M. Insiders hold about 0.25% of the company’s shares, while institutions hold 97.92% stake in the company. Shares short for CGNX as of 1727654400 were 3978850 with a Short Ratio of 3.35, compared to 1724976000 on 4108991. Therefore, it implies a Short% of Shares Outstanding of 3978850 and a Short% of Float of 2.5899999.
Dividends & Splits
In the trailing 12 months, CGNX’s forward annual dividend rate was 0.295, compared to 0.30 this year. Against a Trailing Annual Dividend Yield of 0.0075718686The stock’s 5-year Average Dividend Yield is 0.47.
