Cognex Corporation – Consensus ‘hold’ rating and 5.4% Upside Potential

Broker Ratings
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Cognex Corporation which can be found using ticker (CGNX) have now 15 analysts in total covering the stock. The consensus rating is pointing to ‘hold’. The range between the high target price and low target price is between 65 and 45 calculating the average target price we see $52.73. Given that the stocks previous close was at $50.01 and the analysts are correct then we can expect a percentage increase in value of 5.4%. The day 50 moving average is $54.92 and the 200 moving average now moves to $50.76. The company has a market cap of 8.41B. The current share price for the company is: 48.75 USD

The potential market cap would be $8,871,944,400 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 48.75, revenue per share of 5.17 and a 5.84% 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.

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