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In the latest session, Cognex Corp. (NASDAQ: CGNX) closed at $46.66 down -0.62% from its previous closing price of $46.95. In other words, the price has decreased by -$0.62 from its previous closing price. On the day, 1.45 million shares were traded. CGNX stock price reached its highest trading level at $46.9 during the session, while it also had its lowest trading level at $45.89.
Ratios:
For a deeper understanding of Cognex Corp.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 28.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 103.51. For the most recent quarter (mrq), Quick Ratio is recorded 2.55 and its Current Ratio is at 3.45. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.05.
On March 19, 2024, UBS Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $42 to $54.
On March 14, 2024, Truist started tracking the stock assigning a Buy rating and target price of $47.Truist initiated its Buy rating on March 14, 2024, with a $47 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 12 ’24 when Kuechen Joerg sold 5,331 shares for $40.93 per share. The transaction valued at 218,212 led to the insider holds 2,934 shares of the business.
Gerst Carl sold 6,782 shares of CGNX for $274,923 on Mar 06 ’24. The EVP, Vision & ID Products now owns 0 shares after completing the transaction at $40.54 per share.
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 8009748992 and an Enterprise Value of 7808723456. As of this moment, Cognex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 81.16, and their Forward P/E ratio for the next fiscal year is 41.17. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 27.33. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.45 while its Price-to-Book (P/B) ratio in mrq is 5.38. Its current Enterprise Value per Revenue stands at 9.217 whereas that against EBITDA is 55.346.
Stock Price History:
Over the past 52 weeks, CGNX has reached a high of $59.51, while it has fallen to a 52-week low of $34.28. The 50-Day Moving Average of the stock is 5.38%, while the 200-Day Moving Average is calculated to be 15.06%.
Shares Statistics:
For the past three months, CGNX has traded an average of 1.01M shares per day and 1196530 over the past ten days. A total of 171.60M shares are outstanding, with a floating share count of 171.24M. Insiders hold about 0.25% of the company’s shares, while institutions hold 94.69% stake in the company. Shares short for CGNX as of 1715731200 were 5390074 with a Short Ratio of 4.53, compared to 1713139200 on 4519949. Therefore, it implies a Short% of Shares Outstanding of 5390074 and a Short% of Float of 3.5000000000000004.
Dividends & Splits
According to the company, the forward annual dividend rate for CGNX is 0.29, from 0.29 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0061767837The stock’s 5-year Average Dividend Yield is 0.45.
Earnings Estimates
A detailed examination of Cognex Corp. (CGNX) is currently in progress, with 14.0 analysts providing valuable insights into its market dynamics.On average, analysts expect EPS of $0.2 for the current quarter, with a high estimate of $0.23 and a low estimate of $0.17, while EPS last year was $0.32. The consensus estimate for the next quarter is $0.22, with high estimates of $0.27 and low estimates of $0.19.
Analysts are recommending an EPS of between $0.88 and $0.58 for the fiscal current year, implying an average EPS of $0.76. EPS for the following year is $1.15, with 16.0 analysts recommending between $1.31 and $0.91.
Revenue Estimates
A total of 13 analysts believe the company’s revenue will be $239.19M this quarter.It ranges from a high estimate of $244.6M to a low estimate of $234.47M. As of the current estimate, Cognex Corp.’s year-ago sales were $242.51MFor the next quarter, 13 analysts are estimating revenue of $243.79M. There is a high estimate of $259.3M for the next quarter, whereas the lowest estimate is $227M.
A total of 18 analysts have provided revenue estimates for CGNX’s current fiscal year. The highest revenue estimate was $966.5M, while the lowest revenue estimate was $900M, resulting in an average revenue estimate of $935.52M. In the same quarter a year ago, actual revenue was $837.55MBased on 18 analysts’ estimates, the company’s revenue will be $1.07B in the next fiscal year. The high estimate is $1.16B and the low estimate is $1.01B.
