Cognex Corporation which can be found using ticker (CGNX) have now 15 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The target price High/Low ranges between $60.00 and $36.00 with the average share target price sitting at $46.40. (at the time of writing). Given that the stocks previous close was at $41.16 this is indicating there is a potential upside of 12.7%. There is a 50 day moving average of $38.65 and the 200 moving average now moves to $43.38. The company has a market capitalization of 7.20B. The stock price is currently at: $41.93 USD
The potential market cap would be $8,121,639,557 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 64.51, 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.
