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CGNX

49.78USD+2.03(+4.25%)Market Closed

Cognex Corp

Market Summary

USD49.78+2.03Market Closed
4.25%

CGNX Stock Price

RSI Chart

Valuation

Market Cap

8.2B

Price/Earnings

31.58

Price/Sales

7.52

Price/Cashflow

38.36

MarketCap/EBT

27.35

Price/Sales

Profitability

EBT Margin

27.50%

Return on Equity

18.61%

Return on Assets

13.31%

Fundamentals

Revenue

Revenue (TTM)

1.1B

Revenue Y/Y

2.03%

Revenue Q/Q

-2.75%

Earnings

Earnings (TTM)

258.7M

Earnings Y/Y

-24.09%

Earnings Q/Q

-12.52%

Price Action

52 Week Range

40.1579.97
(Low)(High)

Last 7 days

1.2%

Last 30 days

7.8%

Last 90 days

17.2%

Trailing 12 Months

-35.2%

Financial Health

Current Ratio

3.82

Investor Care

Dividend Yield

0.54%

Dividend/Share (TTM)

0.26

Buy Backs (1Y)

1.87%

Diluted EPS (TTM)

1.46

Peers (Alternatives to Cognex)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
31.8B
5.3B
3.87% -6.99%
28.69
6.03
8.30% 33.53%
14.9B
3.7B
-0.68% -30.42%
28.82
3.97
5.14% -14.04%
14.9B
5.7B
-4.57% -54.09%
30.01
2.57
5.07% -44.62%
MID-CAP
8.9B
33.5B
12.36% 23.65%
8.89
0.26
14.32% 43.10%
8.2B
1.1B
7.83% -35.23%
31.58
7.52
10.49% -14.99%
6.7B
1.3B
12.01% -9.94%
33.47
5.32
-2.14% -40.66%
6.6B
1.5B
9.93% -44.73%
57.31
4.28
17.26% 172.45%
4.4B
1.5B
6.27% -44.56%
16.43
2.94
1.92% 1.99%
3.3B
554.0M
3.17% 14.16%
49.28
5.89
14.99% 16.81%
2.2B
1.9B
8.77% -14.10%
-23.02
1.19
-9.38% -297.41%
SMALL-CAP
49.8M
43.5M
15.73% -39.61%
-4.88
1.15
-19.87% -1512.16%
33.5M
23.3M
6.30% -10.02%
-12.55
1.47
-4.57% 8.07%
29.9M
607.0K
-17.19% -58.66%
-4.46
47.52
- 33.47%
29.5M
32.1M
5.30% -13.53%
3.27
0.75
-26.06% 260.69%
15.7M
9.0M
5.05% -20.79%
-164.78
1.75
9.50% -95.54%

Financials for Cognex

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Revenue0.5%1,0861,0801,0371,017983
Gross Profit-0.5%774778760753745
  S&GA Expenses1.0%321318309300288
  R&D Expenses2.0%140137135134130
Earnings Before Taxes-8.9%299328319326339
Net Income-6.7%259277280296304
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Assets0.5%1,9431,9342,0042,0492,025
  Current Assets9.2%735673640672693
    Cash Equivalents6.8%177166186203217
  Inventory-29.7%961371138169
  Net PPE2.1%7978787777
  Goodwill-0.6%240241242242243
Liabilities-3.9%553575574556595
  Current Liabilities-1.5%192195189165205
Shareholder's Equity2.3%1,3901,3591,4301,4931,429
  Retained Earnings4.9%512489563634593
  Additional Paid-In Capital1.5%947933915900875
Accumulated Depreciation-97----
Shares Outstanding-0.2%173174175177177
Float-14,920----
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q22022Q12021Q42021Q32021Q2
Cashflow From Operations-19.6%213265314342361
  Share Based Compensation4.8%49474431
Cashflow From Investing265.9%71-42.51-252.54-87.50-141.28
Cashflow From Financing-6.4%-316.44-297.41-141.62-348.62-291.72
  Dividend Payments1.5%4544434241
  Buy Backs3.3%2952861624821

Risks

What is the probability of a big loss on CGNX?

92.3%


Probability that Cognex stock will be more than 20% underwater in next one year

57.7%


Probability that Cognex stock will be more than 30% underwater in next one year.

16.5%


Probability that Cognex stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CGNX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Cognex was unfortunately bought at previous high price.

Returns

Cumulative Returns on CGNX

19.8%


10-Year Cumulative Returns

16.8%


7-Year Cumulative Returns

-5.5%


5-Year Cumulative Returns

1.0%


3-Year Cumulative Returns

What are the long-term rolling returns for CGNX?

FIve years rolling returns for Cognex.

Which funds bought or sold CGNX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
NEW
-
161,000
161,000
0.01%
2022-11-22
Seaport Global Advisors, LLC
REDUCED
-9.29
-46,000
348,000
1.42%
2022-11-22
Capital Impact Advisors, LLC
REDUCED
-45.78
-258,000
290,000
0.29%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,112,000
1,112,000
0.01%
2022-11-21
FourThought Financial, LLC
ADDED
3.76
-
23,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.2
-453,000
11,829,000
0.02%
2022-11-18
Industrial Alliance Investment Management Inc.
UNCHANGED
-
-30,000
1,148,000
0.03%
2022-11-18
National Pension Service
UNCHANGED
-
-2,000
134,000
-%
2022-11-17
M&T Bank Corp
ADDED
3.44
761,000
2,754,000
0.01%
2022-11-17
CENTRAL TRUST Co
REDUCED
-4.34
-1,000
16,000
-%

1–10 of 43

Latest Funds Activity

Are funds buying CGNX calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own CGNX

Cognex News

Nasdaq

Cognex Corporation (CGNX) Just Reclaimed the 20-Day Moving Average.6 days ago

CGNX Fair Value

Cognex fair value in different scenarios

The table shows the Fair Value estimates for Cognex for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

23.56

-52.67%

32.07

-35.58%

46.79

-6.01%

60.84

22.22%

73.47

47.59%

Current Inflation

21.65

-56.51%

28.88

-41.98%

41.19

-17.26%

53.10

6.67%

63.62

27.80%

Very High Inflation

19.31

-61.21%

25.07

-49.64%

34.68

-30.33%

44.15

-11.31%

52.34

5.14%

Historical Cognex Fair Value Estimates


Recent SEC filings of Cognex

View All Filings
Date Filed Form Type Document
Nov 10, 2022
4
Insider Trading
Nov 03, 2022
8-K
Current Report
Nov 03, 2022
10-Q
Quarterly Report
Sep 19, 2022
8-K
Current Report

Latest Insider Trading transactions for CGNX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-08
Sennett Marjorie T.
ACQUIRED
-
-
109
-
2022-05-12
PARROTTE DIANNE M
BOUGHT
138,000
46
3,000
-
2022-04-29
Todgham Paul
ACQUIRED
-
-
11,667
SVP, CFO
2022-04-29
Todgham Paul
SOLD (Taxes)
-349,985
67.63
-5,175
SVP, CFO
2022-02-17
ALIAS PATRICK
SOLD
-27,221.2
63.75
-427
-
2022-02-16
Todgham Paul
SOLD (Taxes)
-35,779
64.12
-558
SVP, CFO
2022-02-16
PARROTTE DIANNE M
ACQUIRED
-
-
608
-
2022-02-16
ALIAS PATRICK
ACQUIRED
-
-
608
-
2022-02-16
Todgham Paul
ACQUIRED
-
-
1,658
SVP, CFO
2022-02-16
ALIAS PATRICK
SOLD (Taxes)
-11,605.7
64.12
-181
-

1–10 of 50

Robert J. Willett
2260
Cognex Corporation provides machine vision products that capture and analyze visual information in order 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, aspirin bottles, and automobile tires 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 consumer electronics, automotive, consumer products, food and beverage, pharmaceuticals, and medical devices industries, as well as through a network of distributors and integrators. Cognex Corporation was incorporated in 1981 and is headquartered in Natick, Massachusetts.

CGNX Income Statement

2022-10-02
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Oct. 02, 2022
Oct. 03, 2021
Oct. 02, 2022
Oct. 03, 2021
Income Statement [Abstract]    
Revenue$ 209,622$ 284,848$ 766,657$ 793,033
Cost of revenue57,38385,712214,316208,189
Gross margin152,239199,136552,341584,844
Research, development, and engineering expenses33,95434,476103,99999,883
Selling, general, and administrative expenses75,37177,113236,156226,380
Loss from fire (Note 17)2,891020,2940
Operating income40,02387,547191,892258,581
Foreign currency gain (loss)(1,880)(586)(4,367)(2,233)
Investment income1,4161,7484,3895,025
Other income (expense)(214)(125)(450)(420)
Income before income tax expense39,34588,584191,464260,953
Income tax expense5,3659,68431,25034,607
Net income$ 33,980$ 78,900$ 160,214$ 226,346
Net income per weighted-average common and common-equivalent share:    
Basic (usd per share)$ 0.20$ 0.45$ 0.92$ 1.28
Diluted (usd per share)$ 0.19$ 0.44$ 0.91$ 1.26
Weighted-average common and common-equivalent shares outstanding:    
Basic (shares)173,256176,812173,640176,572
Diluted (shares)174,327180,342175,233180,109
Cash dividends per common share (usd per share)$ 0.065$ 0.060$ 0.195$ 0.180

CGNX Balance Sheet

2022-10-02
Consolidated Balance Sheets - USD ($)
$ in Thousands
Oct. 02, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 266,004$ 186,161
Current investments, amortized cost of $213,044 and $137,124 in 2022 and 2021, respectively, allowance for credit losses of $0 in 2022 and 2021208,430137,455
Accounts receivable, allowance for credit losses of $741 and $776 in 2022 and 2021, respectively96,292130,348
Unbilled revenue2,1423,990
Inventories108,553113,102
Prepaid expenses and other current assets106,04668,742
Total current assets787,467639,798
Non-current investments, amortized cost of $369,868 and $587,981 in 2022 and 2021, respectively, allowance for credit losses of $0 in 2022 and 2021343,198583,748
Property, plant, and equipment, net79,42577,546
Operating lease assets31,51423,157
Goodwill237,509241,713
Intangible assets, net9,42011,888
Deferred income taxes405,136418,570
Other assets6,5677,242
Total assets1,900,2362,003,662
Current liabilities:  
Accounts payable22,22044,051
Accrued expenses64,11592,432
Accrued income taxes12,0558,577
Deferred revenue and customer deposits54,77735,743
Operating lease liabilities8,1117,786
Total current liabilities161,278188,589
Non-current operating lease liabilities25,26017,795
Deferred income taxes259,950293,769
Reserve for income taxes12,20414,780
Non-current accrued income taxes33,00843,160
Other liabilities19,31615,476
Total liabilities511,016573,569
Shareholders’ equity:  
Preferred stock, $.01 par value – Authorized: 400 shares in 2022 and 2021, respectively; no shares issued and outstanding00
Common stock, $.002 par value – Authorized: 300,000 shares in 2022 and 2021, respectively; issued and outstanding: 172,930 and 175,481 shares in 2022 and 2021, respectively346351
Additional paid-in capital960,446914,802
Retained earnings510,877562,882
Accumulated other comprehensive loss, net of tax(82,449)(47,942)
Total shareholders’ equity1,389,2201,430,093
Total liabilities and shareholders' equity$ 1,900,236$ 2,003,662