Cognex Corporation with ticker code (CGNX) now have 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 average target share price we see $45.14. (at the time of writing). Now with the previous closing price of $39.02 this would imply there is now a potential upside of 15.7%. There is a 50 day moving average of $38.05 and the 200 day MA is $46.40. The company has a market cap of 6.72B. The stock price for the company is currently $38.20 USD
The potential market cap would be $7,772,514,845 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 42.92, 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.