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Cognex Corp. (NASDAQ: CGNX) closed the day trading at $38.79 down -1.20% from the previous closing price of $39.26. In other words, the price has decreased by -$1.20 from its previous closing price. On the day, 0.74 million shares were traded. CGNX stock price reached its highest trading level at $39.38 during the session, while it also had its lowest trading level at $38.49.
Ratios:
For a better understanding of CGNX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 88.14. 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 Aug 07 ’24 when PARROTTE DIANNE M bought 2,000 shares for $38.62 per share. The transaction valued at 77,230 led to the insider holds 11,340 shares of the business.
Kuechen Joerg sold 5,331 shares of CGNX for $218,212 on Mar 12 ’24. The Chief Technology Officer now owns 2,934 shares after completing the transaction at $40.93 per share. On Mar 06 ’24, another insider, Gerst Carl, who serves as the EVP, Vision & ID Products of the company, sold 6,782 shares for $40.54 each. As a result, the insider received 274,923 and left with 0 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 6733129728 and an Enterprise Value of 6437625344. As of this moment, Cognex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 85.53, and their Forward P/E ratio for the next fiscal year is 38.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 28.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.88 while its Price-to-Book (P/B) ratio in mrq is 4.42. Its current Enterprise Value per Revenue stands at 7.628 whereas that against EBITDA is 54.3.
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 -13.77%, while the 200-Day Moving Average is calculated to be -6.87%.
Shares Statistics:
Over the past 3-months, CGNX traded about 1.21M shares per day on average, while over the past 10 days, CGNX traded about 1015770 shares per day. 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 97.76% stake in the company. Shares short for CGNX as of 1723680000 were 5690298 with a Short Ratio of 4.71, compared to 1721001600 on 4639445. Therefore, it implies a Short% of Shares Outstanding of 5690298 and a Short% of Float of 3.6999999999999997.
Dividends & Splits
CGNX’s forward annual dividend rate is 0.38, up from 0.295 a year ago. Against a Trailing Annual Dividend Yield of 0.0075140093The stock’s 5-year Average Dividend Yield is 0.46.
Earnings Estimates
The current assessment of Cognex Corp. (CGNX) involves the perspectives of 15.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is $0.16, with high estimates of $0.2 and low estimates of $0.09.
Analysts are recommending an EPS of between $0.72 and $0.63 for the fiscal current year, implying an average EPS of $0.69. EPS for the following year is $1.0, with 17.0 analysts recommending between $1.24 and $0.86.
Revenue Estimates
For the next quarter, 14 analysts are estimating revenue of $221.88M. There is a high estimate of $234M for the next quarter, whereas the lowest estimate is $204M.
A total of 18 analysts have provided revenue estimates for CGNX’s current fiscal year. The highest revenue estimate was $928.67M, while the lowest revenue estimate was $888M, resulting in an average revenue estimate of $908.36M. In the same quarter a year ago, actual revenue was $837.55MBased on 18 analysts’ estimates, the company’s revenue will be $1.03B in the next fiscal year. The high estimate is $1.12B and the low estimate is $968.68M.
