Cognex Corp. (NASDAQ: CGNX) is -1.92% lower on its value in year-to-date trading and has touched a low of $34.28 and a high of $59.51 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CGNX stock was last observed hovering at around $41.54 in the last trading session, with the day’s loss setting it -0.6%.
Currently trading at $40.94, the stock is 1.75% and 1.21% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.52 million and changing -1.44% at the moment leaves the stock -1.08% off its SMA200. CGNX registered -15.20% loss for a year compared to 6-month gain of 17.17%.
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The stock witnessed a 0.37% loss in the last 1 month and extending the period to 3 months gives it a 13.28%, and is 3.57% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.80% over the week and 2.47% over the month.
Cognex Corp. (CGNX) has around 2992 employees, a market worth around $7.03B and $837.55M in sales. Current P/E ratio is 62.74 and Fwd P/E is 34.41. Profit margin for the company is 13.52%. Distance from 52-week low is 19.43% and -31.20% from its 52-week high. The company has generated returns on investments over the last 12 months (7.20%).
The EPS is expected to grow by 16.07% this year
The shares outstanding are 171.60M, and float is at 171.40M with Short Float at 2.64%.
Cognex Corp. (CGNX) Insider Activity
The most recent transaction is an insider sale by Kuechen Joerg, the company’s Chief Technology Officer. SEC filings show that Kuechen Joerg sold 5,331 shares of the company’s common stock on Mar 12 ’24 at a price of $40.93 per share for a total of $0.22 million. Following the sale, the insider now owns 2934.0 shares.
Cognex Corp. disclosed in a document filed with the SEC on Mar 06 ’24 that Gerst Carl (EVP, Vision & ID Products) sold a total of 6,782 shares of the company’s common stock. The trade occurred on Mar 06 ’24 and was made at $40.54 per share for $0.27 million. Following the transaction, the insider now directly holds 0.0 shares of the CGNX stock.
