Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Cognex Corp. (NASDAQ: CGNX) closed the day trading at $51.73 down -2.23% from the previous closing price of $52.91. In other words, the price has decreased by -$2.23 from its previous closing price. On the day, 1.09 million shares were traded. CGNX stock price reached its highest trading level at $52.975 during the session, while it also had its lowest trading level at $51.52.
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 31.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 114.76. 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:
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 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 9080891392 and an Enterprise Value of 8679050240. As of this moment, Cognex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 89.98, and their Forward P/E ratio for the next fiscal year is 45.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 30.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.48 while its Price-to-Book (P/B) ratio in mrq is 5.96. Its current Enterprise Value per Revenue stands at 10.244 whereas that against EBITDA is 61.515.
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 10.64%, while the 200-Day Moving Average is calculated to be 26.33%.
Shares Statistics:
Over the past 3-months, CGNX traded about 1.07M shares per day on average, while over the past 10 days, CGNX traded about 1076320 shares per day. 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 95.05% stake in the company. Shares short for CGNX as of 1719532800 were 4224318 with a Short Ratio of 3.95, compared to 1717113600 on 4564473. Therefore, it implies a Short% of Shares Outstanding of 4224318 and a Short% of Float of 2.74.
Dividends & Splits
CGNX’s forward annual dividend rate is 0.29, up from 0.29 a year ago. Against a Trailing Annual Dividend Yield of 0.005481005The stock’s 5-year Average Dividend Yield is 0.46.
