The price-to-earnings ratio for Cognex Corp (NASDAQ: CGNX) is 74.81x, which is above its average ratio. Moreover, the 36-month beta value for CGNX is 1.38. Analysts have varying opinions on the stock, with 9 analysts rating it as a “buy,” 2 as “overweight,” 10 as “hold,” and 0 as “sell.”
The public float for CGNX is 171.09M and currently, short sellers hold a 2.12% of that float. On January 15, 2025, CGNX’s average trading volume was 1.15M shares.
CGNX) stock’s latest price update
Cognex Corp (NASDAQ: CGNX) has seen a rise in its stock price by 3.71 in relation to its previous close of 37.19. However, the company has experienced a 5.30% gain in its stock price over the last five trading sessions. prnewswire.com reported 2025-01-14 that DataMan 290 and 390 barcode readers, backed by industry-leading customer support, deliver unmatched reliability and ease of use NATICK, Mass., Jan. 14, 2025 /PRNewswire/ — Cognex Corporation (NASDAQ: CGNX), the leader in industrial machine vision, today announced the launch of the DataMan® 290 and 390 barcode readers.
CGNX’s Market Performance
Cognex Corp (CGNX) has experienced a 5.30% rise in stock performance for the past week, with a 2.88% rise in the past month, and a -2.43% drop in the past quarter. The volatility ratio for the week is 2.86%, and the volatility levels for the past 30 days are at 2.74% for CGNX. The simple moving average for the past 20 days is 5.35% for CGNX’s stock, with a -7.53% simple moving average for the past 200 days.
Analysts’ Opinion of CGNX
Many brokerage firms have already submitted their reports for CGNX stocks, with Cantor Fitzgerald repeating the rating for CGNX by listing it as a “Overweight.” The predicted price for CGNX in the upcoming period, according to Cantor Fitzgerald is $49 based on the research report published on December 20, 2024 of the previous year 2024.
Truist, on the other hand, stated in their research note that they expect to see CGNX reach a price target of $43, previously predicting the price at $46. The rating they have provided for CGNX stocks is “Hold” according to the report published on November 05th, 2024.
Stephens gave a rating of “Overweight” to CGNX, setting the target price at $55 in the report published on October 16th of the previous year.
CGNX Trading at -0.22% from the 50-Day Moving Average
After a stumble in the market that brought CGNX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -27.40% of loss for the given period.
Volatility was left at 2.74%, however, over the last 30 days, the volatility rate increased by 2.86%, as shares surge +2.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.67% lower at present.
During the last 5 trading sessions, CGNX rose by +5.30%, which changed the moving average for the period of 200-days by -9.20% in comparison to the 20-day moving average, which settled at $36.61. In addition, Cognex Corp saw 7.56% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CGNX starting from Kuechen Joerg, who sale 2,934 shares at the price of $37.75 back on Dec 12 ’24. After this action, Kuechen Joerg now owns 0 shares of Cognex Corp, valued at $110,773 using the latest closing price.
Kuechen Joerg, the Officer of Cognex Corp, proposed sale 2,934 shares at $37.75 during a trade that took place back on Dec 12 ’24, which means that Kuechen Joerg is holding shares at $110,773 based on the most recent closing price.
Stock Fundamentals for CGNX
Current profitability levels for the company are sitting at:
- 0.11 for the present operating margin
- 0.68 for the gross margin
The net margin for Cognex Corp stands at 0.1. The total capital return value is set at 0.05. Equity return is now at value 5.83, with 4.39 for asset returns.
Based on Cognex Corp (CGNX), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 1.45. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is 23.92.
Currently, EBITDA for the company is 144.58 million with net debt to EBITDA at -0.95. When we switch over and look at the enterprise to sales, we see a ratio of 7.37. The receivables turnover for the company is 5.51for trailing twelve months and the total asset turnover is 0.43. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.87.
Conclusion
To wrap up, the performance of Cognex Corp (CGNX) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
