CGNX - Cognex Corp Stock Price, Fair Value and News

46.08USD+0.18 (+0.39%)Delayed as of 08 May 2024, 03:09 pm ET

Market Summary

USD46.08+0.18

Delayedas of 08 May 2024, 03:09 pm

0.39%

CGNX Alerts

Big fall in earnings (Y/Y)

CGNX Stock Price

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CGNX RSI Chart

CGNX Valuation

Market Cap

7.9B

Price/Earnings (Trailing)

79.08

Price/Sales (Trailing)

9.3

EV/EBITDA

53.76

Price/Free Cashflow

101.83

CGNX Price/Sales (Trailing)

CGNX Profitability

EBT Margin

14.95%

Return on Equity

6.69%

Return on Assets

4.95%

Free Cashflow Yield

0.98%

CGNX Fundamentals

CGNX Revenue

Revenue (TTM)

847.2M

Rev. Growth (Yr)

4.81%

Rev. Growth (Qtr)

7.18%

CGNX Earnings

Earnings (TTM)

99.6M

Earnings Growth (Yr)

-53.07%

Earnings Growth (Qtr)

7.06%

Breaking Down CGNX Revenue

52 Week Range

41.4159.51

(Low)(High)

Last 7 days

10.5%

Last 30 days

13.6%

Last 90 days

28.6%

Trailing 12 Months

-7.5%

How does CGNX drawdown profile look like?

CGNX Financial Health

Current Ratio

3.52

CGNX Investor Care

Dividend Yield

0.63%

Dividend/Share (TTM)

0.29

Buy Backs (1Y)

0.54%

Diluted EPS (TTM)

0.57

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	847.2M	0	0	0
2023	924.8M	892.7M	880.3M	837.5M
2022	1.1B	1.1B	1.0B	1.0B
2021	882.8M	982.9M	1.0B	1.0B
2020	719.4M	689.4M	757.2M	811.0M
2019	725.6M	725.6M	725.6M	725.6M
2018	810.3M	798.0M	749.1M	725.6M
2017	602.9M	666.9M	751.1M	806.3M
2016	445.4M	448.8M	489.2M	529.5M
2015	441.7M	493.3M	446.5M	450.6M
2014	317.7M	323.5M	387.0M	431.3M
2013	327.5M	329.6M	340.4M	307.7M
2012	325.2M	326.2M	326.2M	324.3M
2011	306.1M	317.7M	322.8M	321.9M
2010	192.4M	223.3M	257.1M	290.7M
2009	0	220.4M	198.0M	175.7M
2008	0	0	0	242.7M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Cognex Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 12, 2024	kuechen joerg	sold	-218,212	40.9326	-5,331	chief technology officer
Mar 06, 2024	gerst carl	sold	-274,923	40.5371	-6,782	evp, vision & id products
Feb 22, 2024	dipalma sheila marie	sold (taxes)	-29,560	40.83	-724	evp, employee services
Feb 22, 2024	gerst carl	acquired	-	-	3,879	evp, vision & id products
Feb 22, 2024	parrotte dianne m	acquired	-	-	1,281	-
Feb 22, 2024	todgham paul	acquired	-	-	3,492	svp, cfo
Feb 22, 2024	lawande sachin	acquired	-	-	1,281	-
Feb 22, 2024	dipalma sheila marie	acquired	-	-	2,328	evp, employee services
Feb 22, 2024	gerst carl	sold (taxes)	-46,464	40.83	-1,138	evp, vision & id products
Feb 22, 2024	todgham paul	sold (taxes)	-41,850	40.83	-1,025	svp, cfo

Which funds bought or sold CGNX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	OLD SECOND NATIONAL BANK OF AURORA	unchanged	-	39.00	2,376	-%
May 06, 2024	Investors Research Corp	unchanged	-	5.00	339	-%
May 06, 2024	AIA Group Ltd	reduced	-12.41	-265,160	2,149,040	0.07%
May 06, 2024	Envestnet Portfolio Solutions, Inc.	reduced	-11.9	-59,974	513,112	-%
May 06, 2024	AM Squared Ltd	reduced	-97.19	-64,875	1,909	-%
May 06, 2024	HighTower Advisors, LLC	sold off	-100	-1,195,000	-	-%
May 06, 2024	Hilltop National Bank	new	-	52,219	52,219	0.02%
May 06, 2024	Manchester Capital Management LLC	reduced	-99.87	-126,887	170	-%
May 06, 2024	SouthState Corp	new	-	37,796	37,796	-%
May 06, 2024	Quantbot Technologies LP	sold off	-100	-3,392,420	-	-%

Are Funds Buying or Selling CGNX?

Are funds buying CGNX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CGNX

No. of Funds

CGNX Alerts

Big fall in earnings (Y/Y)

Unveiling Cognex Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 11, 2024	bank of new york mellon corp	0.80%	1,381,493	SC 13G/A
Mar 08, 2024	gic private ltd	5.04%	8,654,887	SC 13G
Feb 13, 2024	vanguard group inc	10.07%	17,334,047	SC 13G/A
Jan 25, 2024	blackrock inc.	8.6%	14,840,415	SC 13G/A
Jan 24, 2024	bank of new york mellon corp	6.11%	10,520,621	SC 13G/A
Sep 11, 2023	vanguard group inc	10.09%	17,386,770	SC 13G/A
Feb 09, 2023	vanguard group inc	9.31%	16,096,871	SC 13G/A
Jan 27, 2023	bank of new york mellon corp	6.64%	11,478,797	SC 13G/A
Jan 24, 2023	blackrock inc.	9.9%	17,119,328	SC 13G/A
Feb 14, 2022	brown capital management llc	4.16%	7,353,138	SC 13G/A

Recent SEC filings of Cognex Corp

View All Filings

Date Filed	Form Type	Document
May 07, 2024	3	Insider Trading
May 07, 2024	4	Insider Trading
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
May 02, 2024	8-K	Current Report
Mar 21, 2024	3	Insider Trading
Mar 19, 2024	4	Insider Trading
Mar 15, 2024	8-K	Current Report
Mar 15, 2024	ARS	ARS
Mar 15, 2024	DEF 14A	DEF 14A

Peers (Alternatives to Cognex Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AAPL	2.8T	381.6B	7.54%	5.11%	27.86	7.33	-0.90%	6.43%
APH	74.9B	12.8B	6.23%	65.48%	36.76	5.83	1.52%	6.35%
GLW	28.6B	12.4B	2.70%	6.20%	46.36	2.31	-9.51%	-33.28%
FTV	27.1B	6.1B	-8.59%	18.87%	30.14	4.42	3.71%	17.79%
FLEX	12.3B	29.4B	0.24%	39.85%	16.29	0.42	-1.12%	-8.06%
MID-CAP
CGNX	7.9B	847.2M	13.56%	-7.48%	79.08	9.3	-8.39%	-42.67%
ARW	6.8B	31.3B	-0.25%	7.84%	9.48	0.22	-14.93%	-46.67%
BMI	5.6B	740.8M	20.51%	39.19%	54.92	7.59	25.07%	42.99%
AVT	4.6B	24.7B	5.30%	23.61%	8.08	0.19	-6.09%	-33.76%
ESE	2.8B	968.8M	5.52%	13.28%	30.28	2.91	9.35%	8.73%
SMALL-CAP
CNXN	1.6B	2.8B	-4.93%	60.32%	20.06	0.6	-10.09%	0.74%
BHE	1.4B	2.8B	30.69%	87.76%	21.39	0.5	-4.25%	-5.27%
GPRO	278.0M	986.2M	-9.80%	-57.11%	-0.77	0.28	-6.21%	-5303.34%
AEY	32.0M	56.7M	-14.40%	28.92%	-3.8	0.59	-41.04%	-726.48%
CPSH	25.7M	26.4M	-1.11%	-35.97%	33.46	0.97	-2.48%	-64.63%

Cognex Corp News

Latest updates

Cognex Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	7.2%	211	197	197	243	201	239	210	275	282	244	285	269	239	224	251	169	167	170	183	199	173
Gross Profit	5.1%	142	135	143	180	144	170	152	196	204	175	199	201	185	168	191	119	126	125	136	148	127
S&GA Expenses	0.3%	91.00	90.00	82.00	83.00	83.00	76.00	75.00	80.00	81.00	83.00	77.00	77.00	72.00	74.00	64.00	60.00	69.00	74.00	64.00	68.00	67.00
R&D Expenses	7.0%	37.00	35.00	33.00	34.00	39.00	37.00	34.00	34.00	36.00	35.00	34.00	31.00	34.00	34.00	30.00	30.00	36.00	33.00	28.00	28.00	30.00
EBITDA Margin	-6.7%	0.17*	0.18*	0.22*	0.23*	0.22*	0.27*	0.26*	0.29*	0.32*	0.32*	0.34*	0.36*	0.30*	0.26*	0.22*	0.16*	0.24*	0.25*	0.29*	-	-
Income Taxes	77.4%	6.00	3.00	8.00	10.00	1.00	4.00	5.00	6.00	20.00	4.00	10.00	16.00	9.00	-4.42	14.00	-1.17	3.00	-57.41	6.00	8.00	3.00
Earnings Before Taxes	22.4%	18.00	14.00	27.00	68.00	26.00	59.00	39.00	64.00	88.00	58.00	89.00	94.00	79.00	65.00	101	-2.31	23.00	23.00	47.00	57.00	36.00
EBT Margin	-7.5%	0.15*	0.16*	0.20*	0.22*	0.20*	0.25*	0.25*	0.28*	0.30*	0.31*	0.32*	0.34*	0.27*	0.23*	0.19*	0.13*	0.21*	0.22*	0.26*	-	-
Net Income	7.1%	12.00	11.00	19.00	57.00	26.00	55.00	34.00	59.00	67.00	54.00	79.00	78.00	70.00	69.00	88.00	-1.14	20.00	80.00	42.00	49.00	33.00
Net Income Margin	-13.0%	0.12*	0.14*	0.18*	0.19*	0.19*	0.21*	0.21*	0.24*	0.26*	0.27*	0.29*	0.31*	0.26*	0.22*	0.25*	0.21*	0.27*	0.28*	0.28*	-	-
Free Cashflow	28.2%	10.00	7.00	35.00	25.00	22.00	62.00	79.00	37.00	45.00	50.00	60.00	92.00	96.00	79.00	80.00	10.00	59.00	60.00	61.00	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-0.2%	2,013	2,018	1,990	1,998	1,974	1,958	1,900	1,943	1,934	2,004	2,049	2,025	1,909	1,801	2,061	1,935	1,885	1,886	1,390	1,350	1,354
Current Assets	-2.6%	662	679	847	718	722	718	787	735	673	640	672	693	626	602	628	646	595	607	626	679	773
Cash Equivalents	-31.5%	139	203	396	177	164	181	266	177	166	186	203	217	243	269	298	286	239	171	122	89.00	105
Inventory	5.3%	171	162	134	126	127	122	109	96.00	137	113	81.00	69.00	61.00	61.00	54.00	53.00	55.00	60.00	65.00	73.00	79.00
Net PPE	-1.6%	104	106	83.00	82.00	81.00	80.00	79.00	79.00	78.00	78.00	77.00	77.00	77.00	79.00	81.00	84.00	87.00	89.00	88.00	89.00	91.00
Goodwill	-1.8%	386	393	241	242	242	243	238	240	241	242	242	243	243	244	243	242	242	243	113	113	113
Liabilities	2.1%	524	513	501	518	528	520	511	553	575	574	556	595	552	539	555	558	558	530	151	158	165
Current Liabilities	23.8%	188	152	170	180	214	188	161	192	195	189	165	205	160	132	139	145	151	120	81.00	86.00	93.00
Shareholder's Equity	-1.0%	1,489	1,505	1,489	1,480	1,446	1,438	1,389	1,390	1,359	1,430	1,493	1,429	1,357	1,262	1,506	1,376	1,327	1,356	1,239	1,192	1,189
Retained Earnings	-2.0%	502	513	534	538	518	528	511	512	489	563	634	593	541	488	781	703	713	753	682	649	671
Additional Paid-In Capital	1.0%	1,048	1,037	1,024	1,011	993	979	960	947	933	915	900	875	854	808	763	710	664	639	594	579	556
Shares Outstanding	0.0%	172	172	172	172	173	173	174	174	174	176	177	177	176	173	173	172	172	171	171	-	-
Float	-	-	-	-	9,632	-	-	-	7,520	-	-	-	14,920	-	-	-	9,792	-	-	-	7,801	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-5.9%	14.00	14.00	41.00	30.00	28.00	66.00	84.00	44.00	50.00	55.00	64.00	96.00	99.00	83.00	83.00	14.00	62.00	68.00	65.00	59.00	61.00
Cashflow From Investing	72.7%	-49.02	-179	200	17.00	-5.79	-126	47.00	6.00	69.00	48.00	-53.49	-106	-140	213	-107	4.00	60.00	-42.38	-28.26	-16.59	-70.10
Cashflow From Financing	24.0%	-25.09	-33.03	-21.90	-31.34	-39.32	-32.37	-35.52	-34.36	-138	-120	-23.33	-15.33	18.00	-327	34.00	28.00	-50.57	23.00	-3.17	-58.20	6.00
Dividend Payments	0.1%	13.00	13.00	12.00	12.00	12.00	12.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	362	10.00	9.00	10.00	9.00	9.00	9.00	9.00
Buy Backs	-53.7%	9.00	20.00	10.00	25.00	24.00	26.00	24.00	24.00	130	113	27.00	14.00	6.00	-	-	-	51.00	-	-	62.00	-

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CGNX Income Statement

2024-03-31

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Apr. 02, 2023
Income Statement [Abstract]
Revenue	$ 210,797	$ 201,124
Cost of revenue	68,860	57,384
Gross margin	141,937	143,740
Research, development, and engineering expenses	37,105	38,542
Selling, general, and administrative expenses	90,628	83,037
Operating income	14,204	22,161
Foreign currency gain (loss)	46	394
Investment income	3,120	3,587
Other income (expense)	196	73
Income before income tax expense	17,566	26,215
Income tax expense	5,544	600
Net income	$ 12,022	$ 25,615
Net income per weighted-average common and common-equivalent share:
Basic (usd per share)	$ 0.07	$ 0.15
Diluted (usd per share)	$ 0.07	$ 0.15
Weighted-average common and common-equivalent shares outstanding:
Basic (shares)	171,692	172,624
Diluted (shares)	172,594	173,903
Cash dividends per common share (usd per share)	$ 0.075	$ 0.070

CGNX Balance Sheet

2024-03-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 138,859	$ 202,655
Current investments, amortized cost of $141,876 and $132,799 in 2024 and 2023, respectively, allowance for credit losses of $0 in 2024 and 2023	139,334	129,392
Accounts receivable, allowance for credit losses of $1,339 and $583 in 2024 and 2023, respectively	138,556	114,164
Unbilled revenue	2,737	2,402
Inventories	170,871	162,285
Prepaid expenses and other current assets	71,173	68,099
Total current assets	661,530	678,997
Non-current investments, amortized cost of $285,376 and $250,790 in 2024 and 2023, respectively, allowance for credit losses of $0 in 2024 and 2023	278,426	244,230
Property, plant, and equipment, net	104,111	105,849
Operating lease assets	74,113	75,115
Goodwill	386,157	393,181
Intangible assets, net	105,054	112,952
Deferred income taxes	397,563	400,400
Other assets	6,279	7,088
Total assets	2,013,233	2,017,812
Current liabilities:
Accounts payable	27,459	21,454
Accrued expenses	70,429	72,374
Accrued income taxes	40,433	16,907
Deferred revenue and customer deposits	39,983	31,525
Operating lease liabilities	9,798	9,624
Total current liabilities	188,102	151,884
Non-current operating lease liabilities	67,367	68,977
Deferred income taxes	239,538	246,877
Reserve for income taxes	28,144	26,685
Non-current accrued income taxes	0	18,338
Other liabilities	893	299
Total liabilities	524,044	513,060
Commitments and Contingencies
Shareholders’ equity:
Preferred stock, $.01 par value – Authorized: 400 shares in 2024 and 2023, respectively; no shares issued and outstanding	0	0
Common stock, $.002 par value – Authorized: 300,000 shares in 2024 and 2023, respectively; issued and outstanding: 171,662 and 171,599 shares in 2024 and 2023, respectively	343	343
Additional paid-in capital	1,047,643	1,037,202
Retained earnings	502,338	512,543
Accumulated other comprehensive loss, net of tax	(61,135)	(45,336)
Total shareholders’ equity	1,489,189	1,504,752
Total liabilities and shareholders' equity	$ 2,013,233	$ 2,017,812

About Cognex Corp

Cognex Corporation provides machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, electric vehicle batteries, and e-commerce packages by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. The company offers VisionPro software, a suite of patented vision tools for advanced programming; QuickBuild that allows customers to build vision applications with a graphical, flowchart-based programming interface; and Cognex deep learning vision software. It also provides a range of inspection tasks, including part location, identification, measurement, assembly verification, and robotic guidance; vision sensors for vision applications, such as checking the presence and size of parts; and the In-Sight product line of vision systems and sensors. In addition, the company offers DataMan, an image-based barcode readers and barcode verifiers. It sells its products to automotive, logistics, consumer electronics, medical-related, semiconductor, consumer products, food and beverage, and others, as well as through a network of distributors and integrators. Cognex Corporation was incorporated in 1981 and is headquartered in Natick, Massachusetts.

CEO	Mr. Robert J. Willett
WEBSITE	cognex.com
INDUSTRY	Consumer Electronics
EMPLOYEES	2441

Cognex Corp Frequently Asked Questions

What is the ticker symbol for Cognex Corp? What does CGNX stand for in stocks?

CGNX is the stock ticker symbol of Cognex Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Cognex Corp (CGNX)?

As of Tue May 07 2024, market cap of Cognex Corp is 7.88 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CGNX stock?

You can check CGNX's fair value in chart for subscribers.

What is the fair value of CGNX stock?

You can check CGNX's fair value in chart for subscribers. The fair value of Cognex Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Cognex Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CGNX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Cognex Corp a good stock to buy?

The fair value guage provides a quick view whether CGNX is over valued or under valued. Whether Cognex Corp is cheap or expensive depends on the assumptions which impact Cognex Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CGNX.

What is Cognex Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, CGNX's PE ratio (Price to Earnings) is 79.08 and Price to Sales (PS) ratio is 9.3. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CGNX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Cognex Corp's stock?

In the past 10 years, Cognex Corp has provided 0.114 (multiply by 100 for percentage) rate of return.