Cognex Corporation with ticker code (CGNX) have now 14 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The range between the high target price and low target price is between $60.00 and $35.00 calculating the mean target price we have $45.14. Given that the stocks previous close was at $36.97 and the analysts are correct then there would likely be a percentage uptick in value of 22.1%. It’s also worth noting that there is a 50 day moving average of $38.87 and the 200 moving average now moves to $47.80. The company has a market cap of 6.34B. The stock price is currently at: $36.82 USD
The potential market cap would be $7,738,961,989 based on the market consensus.
The company has a dividend yield of 2.09%. Other points of data to note are a P/E ratio of 40.46, revenue per share of $5.10 and a 5.44% return on assets.
Cognex Corporation is a provider of machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks where vision is required. The Company’s solutions blend physical products and software to capture and analyze visual information, allowing for the automation of manufacturing and distribution tasks for customers worldwide. It offers a range of machine vision systems and sensors, vision software, and industrial image-based barcode readers designed to meet customer needs at different performance and price points. Its products range from deep learning solutions that solve complex applications with unpredictable defects and deviations, to lower-cost vision sensors that conduct simple presence/absence inspections. Its products are used to automate the manufacturing or distribution and tracking of discrete items, such as mobile phones, electric vehicle batteries, and e-commerce packages, by locating, identifying, and inspecting them.
