CGNX - Cognex Corp Stock Price, Fair Value and News

39.53USD-0.01 (-0.03%)Market Closed

Market Summary

USD39.53-0.01

Market Closed

-0.03%

CGNX Stock Price

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CGNX RSI Chart

CGNX Valuation

Market Cap

6.8B

Price/Earnings (Trailing)

59.93

Price/Sales (Trailing)

8.1

EV/EBITDA

43.14

Price/Free Cashflow

75.54

CGNX Price/Sales (Trailing)

CGNX Profitability

EBT Margin

16.16%

Return on Equity

7.53%

Return on Assets

5.61%

Free Cashflow Yield

1.32%

CGNX Fundamentals

CGNX Revenue

Revenue (TTM)

837.5M

Rev. Growth (Yr)

-17.86%

Rev. Growth (Qtr)

-0.29%

CGNX Earnings

Earnings (TTM)

113.2M

Earnings Growth (Yr)

-79.7%

Earnings Growth (Qtr)

-40.64%

Breaking Down CGNX Revenue

Last 7 days

-0.2%

Last 30 days

-5.6%

Last 90 days

3.8%

Trailing 12 Months

-18.9%

How does CGNX drawdown profile look like?

CGNX Financial Health

Current Ratio

4.47

CGNX Investor Care

Dividend Yield

0.72%

Dividend/Share (TTM)

0.28

Buy Backs (1Y)

0.52%

Diluted EPS (TTM)

0.65

Historical Charts for Stock Metrics

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

Net sales

Year	Q1	Q2	Q3	Q4
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

Try For Just $1.99

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
Apr 23, 2024	ARCADIA INVESTMENT MANAGEMENT CORP/MI	sold off	-100	-79,306	-	-%
Apr 23, 2024	Values First Advisors, Inc.	added	1.78	52,783	1,586,480	0.93%
Apr 23, 2024	Louisiana State Employees Retirement System	added	2.48	83,748	2,099,790	0.04%
Apr 23, 2024	Venturi Wealth Management, LLC	unchanged	-	101	6,279	-%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	2,999	28,683	-%
Apr 23, 2024	Gradient Investments LLC	unchanged	-	68.00	4,242	-%
Apr 23, 2024	FIFTH THIRD BANCORP	added	20.29	26,547	145,882	-%
Apr 23, 2024	NEW MEXICO EDUCATIONAL RETIREMENT BOARD	unchanged	-	24,000	1,500,000	0.05%
Apr 23, 2024	REGIONS FINANCIAL CORP	added	19.72	73,480	412,492	-%
Apr 22, 2024	Confluence Wealth Services, Inc.	added	26.74	163,369	730,673	0.06%

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

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
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
Mar 15, 2024	DEFA14A	DEFA14A
Mar 13, 2024	4	Insider Trading
Mar 12, 2024	144	Notice of Insider Sale Intent
Mar 11, 2024	SC 13G/A	Major Ownership Report
Mar 11, 2024	5	Insider Trading

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	2.6T	385.7B	-3.17%	0.90%	25.53	6.68	-0.47%	6.03%
APH	68.6B	12.6B	-0.10%	48.44%	35.56	5.46	-0.54%	1.35%
FTV	28.3B	6.1B	-5.94%	20.49%	32.7	4.67	4.11%	14.65%
GLW	26.9B	12.6B	-3.19%	-6.33%	44.89	2.14	-11.28%	-55.18%
FLEX	12.0B	29.4B	-0.70%	38.16%	15.96	0.41	-1.12%	-8.06%
MID-CAP
CGNX	6.8B	837.5M	-5.57%	-18.88%	59.93	8.1	-16.75%	-47.46%
ARW	6.7B	33.1B	2.25%	10.64%	7.43	0.2	-10.82%	-36.63%
BMI	5.5B	740.8M	16.42%	38.91%	53.55	7.4	25.07%	42.99%
AVT	4.4B	25.6B	1.36%	18.06%	6.54	0.17	-2.73%	-21.96%
ESE	2.7B	968.8M	1.52%	7.15%	29.03	2.79	9.35%	8.73%
SMALL-CAP
CNXN	1.7B	2.9B	0.12%	58.79%	20.59	0.6	-8.78%	-6.67%
BHE	1.1B	2.8B	5.38%	41.42%	16.99	0.38	-1.64%	-5.74%
GPRO	273.0M	1.0B	-23.28%	-59.91%	-5.13	0.27	-8.05%	-284.36%
AEY	33.5M	56.7M	-20.00%	54.48%	-3.8	0.59	-41.04%	-726.48%
CPSH	25.7M	27.6M	-5.85%	-35.16%	18.75	0.93	3.62%	-35.71%

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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-0.3%	197	197	243	201	239	210	275	282	244	285	269	239	224	251	169	167	170	183	199	173	170
Gross Profit	-5.4%	135	143	180	144	170	152	196	204	175	199	201	185	168	191	119	126	125	136	148	127	125
S&GA Expenses	9.8%	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	66.00
R&D Expenses	6.5%	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	29.00
EBITDA Margin	-18.6%	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*	0.33*	-	-
Income Taxes	-61.4%	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	3.00
Earnings Before Taxes	-46.8%	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	49.00
EBT Margin	-21.1%	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*	0.31*	-	-
Net Income	-40.6%	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	80.00
Net Income Margin	-24.3%	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*	0.28*	-	-
Free Cashflow	-78.7%	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	55.00	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	1.4%	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	1,290
Current Assets	-19.8%	679	847	718	722	718	787	735	673	640	672	693	626	602	628	646	595	607	626	679	773	780
Cash Equivalents	-48.8%	203	396	177	164	181	266	177	166	186	203	217	243	269	298	286	239	171	122	89.00	105	108
Inventory	21.2%	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	83.00
Net PPE	27.6%	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	91.00
Goodwill	63.1%	393	241	242	242	243	238	240	241	242	242	243	243	244	243	242	242	243	113	113	113	113
Liabilities	2.3%	513	501	518	528	520	511	553	575	574	556	595	552	539	555	558	558	530	151	158	165	154
Current Liabilities	-10.5%	152	170	180	214	188	161	192	195	189	165	205	160	132	139	145	151	120	81.00	86.00	93.00	91.00
Shareholder's Equity	1.1%	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	1,135
Retained Earnings	-4.1%	513	534	538	518	528	511	512	489	563	634	593	541	488	781	703	713	753	682	649	671	646
Additional Paid-In Capital	1.3%	1,037	1,024	1,011	993	979	960	947	933	915	900	875	854	808	763	710	664	639	594	579	556	529
Shares Outstanding	-0.3%	172	172	172	173	173	174	174	174	176	177	177	176	173	173	172	172	171	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	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-64.7%	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	72.00
Cashflow From Investing	-189.6%	-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	-2.54
Cashflow From Financing	-50.8%	-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	-69.24
Dividend Payments	6.8%	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	9.00
Buy Backs	92.3%	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	-	62.00

CGNX Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Income Statement [Abstract]

Revenue

$ 837,547

$ 1,006,090

$ 1,037,098

Cost of revenue

236,306

284,185

277,271

Gross margin

601,241

721,905

759,827

Research, development, and engineering expenses

139,400

141,133

135,372

Selling, general, and administrative expenses

339,139

312,107

309,354

Loss (recovery) from fire

(8,000)

20,779

Restructuring charges

1,657

Operating income

130,702

246,229

315,101

Foreign currency gain (loss)

(10,039)

(1,837)

(2,270)

Investment income

14,093

6,715

6,660

Other income (expense)

592

(412)

(591)

Income before income tax expense

135,348

250,695

318,900

Income tax expense on continuing operations

22,114

35,170

39,019

Net income

$ 113,234

$ 215,525

$ 279,881

Net Income per weighted-average common and common-equivalent share:

Net income (in dollars per share)

$ 0.66

$ 1.24

$ 1.59

Diluted earnings per weighted-average common and common-equivalent share (1):

Net income (in dollars per share)

$ 0.65

$ 1.23

$ 1.56

Weighted-average common and common-equivalent shares outstanding:

Basic (in shares)

172,249

173,407

176,463

Diluted (in shares)

173,399

174,869

179,916

Cash dividends per common share (in dollars per share)

^[1]

$ 0.286

$ 0.265

$ 0.245

[1]

175,790

CGNX Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 202,655	$ 181,374
Current investments, amortized cost of $132,799 and $223,545 in 2023 and 2022, respectively, allowance for credit losses of $0 in 2023 and 2022	129,392	218,759
Accounts receivable, allowance for credit losses of $583 and $730 in 2023 and 2022, respectively	114,164	125,417
Unbilled revenue	2,402	2,179
Inventories	162,285	122,480
Prepaid expenses and other current assets	68,099	67,490
Total current assets	678,997	717,699
Non-current investments, amortized cost of $250,790 and $476,148 in 2023 and 2022, respectively, allowance for credit losses of $0 in 2023 and 2022	244,230	454,117
Property, plant, and equipment, net	105,849	79,714
Operating lease assets	75,115	37,682
Goodwill	393,181	242,630
Intangible assets, net	112,952	12,414
Deferred income taxes	400,400	407,241
Other assets	7,088	6,643
Total assets	2,017,812	1,958,140
Current liabilities:
Accounts payable	21,454	27,103
Accrued expenses	72,374	93,235
Accrued income taxes	16,907	18,129
Deferred revenue and customer deposits	31,525	40,787
Operating lease liabilities	9,624	8,454
Total current liabilities	151,884	187,708
Non-current operating lease liabilities	68,977	31,298
Deferred income taxes	246,877	249,961
Reserve for income taxes	26,685	15,866
Non-current accrued income taxes	18,338	33,008
Other liabilities	299	1,905
Total liabilities	513,060	519,746
Commitments and contingencies (Note 11)
Authorized shares (in shares)	400,000	400,000
Preferred stock par value (in dollars per share)	$ 0.01	$ 0.01
Shareholders’ equity:
Preferred stock, $0.01 par value - Authorized: 400 shares in 2023 and 2022, respectively, no shares issued and outstanding	$ 0	$ 0
Common stock, $0.002 par value – Authorized: 300,000 shares in 2023 and 2022, respectively, issued and outstanding: 171,599 and 172,631 shares in 2023 and 2022, respectively	343	345
Additional paid-in capital	1,037,202	979,167
Retained earnings	512,543	528,179
Accumulated other comprehensive loss, net of tax	(45,336)	(69,297)
Total shareholders’ equity	1,504,752	1,438,394
Total liabilities and shareholders' equity	$ 2,017,812	$ 1,958,140

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 Apr 23 2024, market cap of Cognex Corp is 6.79 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 Apr 23 2024, CGNX's PE ratio (Price to Earnings) is 59.93 and Price to Sales (PS) ratio is 8.1. 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 0.093 (multiply by 100 for percentage) rate of return.