Cognex Corporation with ticker code (CGNX) now have 19 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $60.00 and $30.00 suggesting an average analyst share price target price of $43.51. (at the time of writing). Given that the stocks previous close was at $33.04 this would indicate that there is a potential upside of 31.7%. There is a 50 day moving average of $37.64 while the 200 day moving average is $41.47. The total market capitalization for the company now stands at 5.71B. The price for the stock stands currently at: $33.64 USD
The potential market cap would be $7,525,541,261 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 54.26, revenue per share of $5.33 and a 3.59% 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.
