Cognex Co. (NASDAQ:CGNX – Free Report) – Equities researchers at DA Davidson issued their Q1 2025 earnings estimates for shares of Cognex in a research note issued on Wednesday, February 19th. DA Davidson analyst M. Summerville expects that the scientific and technical instruments company will post earnings of $0.05 per share for the quarter. The consensus estimate for Cognex’s current full-year earnings is $0.64 per share. DA Davidson also issued estimates for Cognex’s FY2026 earnings at $0.84 EPS.
A number of other brokerages have also issued reports on CGNX. Truist Financial reiterated a “hold” rating and set a $37.00 price target (down from $43.00) on shares of Cognex in a research note on Friday, February 14th. The Goldman Sachs Group dropped their price target on shares of Cognex from $39.00 to $35.00 and set a “sell” rating on the stock in a research note on Tuesday. Robert W. Baird dropped their price target on shares of Cognex from $42.00 to $38.00 and set a “neutral” rating on the stock in a research note on Tuesday. Needham & Company LLC decreased their price objective on Cognex from $47.00 to $41.00 and set a “buy” rating for the company in a report on Friday, February 14th. Finally, Stephens reissued an “overweight” rating and issued a $55.00 price objective on shares of Cognex in a report on Thursday, January 2nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $46.42.
Cognex Trading Up 1.8 %
Shares of CGNX stock opened at $33.64 on Thursday. The company’s 50-day moving average price is $37.52 and its 200-day moving average price is $38.81. The stock has a market cap of $5.71 billion, a price-to-earnings ratio of 55.15 and a beta of 1.40. Cognex has a twelve month low of $32.41 and a twelve month high of $53.13.
Cognex (NASDAQ:CGNX – Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The scientific and technical instruments company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). Cognex had a return on equity of 5.65% and a net margin of 11.61%.
Institutional Trading of Cognex
Hedge funds have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. boosted its stake in Cognex by 123.1% in the 3rd quarter. Advisors Asset Management Inc. now owns 714 shares of the scientific and technical instruments company’s stock worth $29,000 after buying an additional 394 shares during the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Cognex in the 4th quarter valued at about $29,000. SRS Capital Advisors Inc. lifted its stake in shares of Cognex by 50.0% in the 4th quarter. SRS Capital Advisors Inc. now owns 885 shares of the scientific and technical instruments company’s stock valued at $32,000 after purchasing an additional 295 shares in the last quarter. Truvestments Capital LLC acquired a new position in shares of Cognex in the 3rd quarter valued at about $36,000. Finally, CBIZ Investment Advisory Services LLC lifted its stake in shares of Cognex by 129.9% in the 4th quarter. CBIZ Investment Advisory Services LLC now owns 1,007 shares of the scientific and technical instruments company’s stock valued at $36,000 after purchasing an additional 569 shares in the last quarter. 88.12% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In related news, Director Anthony Sun sold 26,000 shares of Cognex stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $40.03, for a total transaction of $1,040,780.00. Following the completion of the sale, the director now owns 26,608 shares in the company, valued at approximately $1,065,118.24. This trade represents a 49.42 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CTO Joerg Kuechen sold 2,934 shares of Cognex stock in a transaction dated Thursday, December 12th. The stock was sold at an average price of $37.75, for a total value of $110,758.50. The disclosure for this sale can be found here. Company insiders own 1.10% of the company’s stock.
Cognex Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Thursday, February 27th will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.95%. The ex-dividend date is Thursday, February 27th. Cognex’s dividend payout ratio is currently 52.46%.
About Cognex
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.
Read More
- Five stocks we like better than Cognex
- What Makes a Stock a Good Dividend Stock?
- Nebius Group: NVIDIA’s Investment Sparks All-Time Highs
- What is the Nasdaq? Complete Overview with History
- SoFi Stock Rallying Strong in the Last 5 Days—What’s Driving It?
- The 3 Best Blue-Chip Stocks to Buy Now
- Intel Surges on M&A Talks: Rally Beginning or Just a Headfake?
Receive News & Ratings for Cognex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cognex and related companies with MarketBeat.com's FREE daily email newsletter.