Cognex Corporation which can be found using ticker (CGNX) have now 14 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $60.00 and $36.00 calculating the average target share price we see $45.50. (at the time of writing). Given that the stocks previous close was at $40.83 this now indicates there is a potential upside of 11.4%. Also worth taking note is the 50 day moving average now sits at $38.73 and the 200 moving average now moves to $44.62. The company has a market cap of 6.92B. The stock price is currently at: $40.29 USD
The potential market cap would be $7,706,064,042 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 61.98, revenue per share of $4.86 and a 3.86% 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.
