Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $39.20 in the prior trading day, Cognex Corp (NASDAQ: CGNX) closed at $39.72, up 1.33%. In other words, the price has increased by $1.33 from its previous closing price. On the day, 0.83 million shares were traded. CGNX stock price reached its highest trading level at $40.235 during the session, while it also had its lowest trading level at $39.13.
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 23.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 73.91. For the most recent quarter (mrq), Quick Ratio is recorded 2.96 and its Current Ratio is at 3.87. 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, Cantor Fitzgerald on December 20, 2024, initiated with a Overweight rating and assigned the stock a target price of $49.
On November 05, 2024, Truist Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $46 to $43.
Stephens Upgraded its Equal-Weight to Overweight on October 16, 2024, whereas the target price for the stock was revised from $45 to $55.
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 Dec 12 ’24 when Kuechen Joerg sold 2,934 shares for $37.75 per share. The transaction valued at 110,773 led to the insider holds 0 shares of the business.
Kuechen Joerg bought 2,934 shares of CGNX for $110,773 on Dec 12 ’24. On Nov 22 ’24, another insider, SUN ANTHONY, who serves as the Director of the company, sold 26,000 shares for $40.03 each. As a result, the insider received 1,040,671 and left with 26,608 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 6812576256 and an Enterprise Value of 6512701952. As of this moment, Cognex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 77.04, and their Forward P/E ratio for the next fiscal year is 42.55. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.73 while its Price-to-Book (P/B) ratio in mrq is 4.35. Its current Enterprise Value per Revenue stands at 7.388 whereas that against EBITDA is 51.717.
Stock Price History:
The Beta on a monthly basis for CGNX is 1.40, which has changed by 0.065506935 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, CGNX has reached a high of $53.13, while it has fallen to a 52-week low of $34.79. The 50-Day Moving Average of the stock is 3.79%, while the 200-Day Moving Average is calculated to be -4.60%.
Shares Statistics:
The stock has traded on average 1.14M shares per day over the past 3-months and 1076270 shares per day over the last 10 days, according to various share statistics. A total of 171.51M shares are outstanding, with a floating share count of 171.09M. Insiders hold about 0.25% of the company’s shares, while institutions hold 95.51% stake in the company. Shares short for CGNX as of 1736899200 were 4015874 with a Short Ratio of 3.53, compared to 1734048000 on 3657346. Therefore, it implies a Short% of Shares Outstanding of 4015874 and a Short% of Float of 2.6099999.
Dividends & Splits
In the trailing 12 months, CGNX’s forward annual dividend rate was 0.3, compared to 0.30 this year. Against a Trailing Annual Dividend Yield of 0.0076530613The stock’s 5-year Average Dividend Yield is 0.49. The current Payout Ratio is 43.64% for CGNX, which recently paid a dividend on 2024-11-14 with an ex-dividend date of 1731542400. Stock splits for the company last occurred on 2017-12-04 when the company split stock in a 2:1 ratio.
