Cognex Corp (NASDAQ: CGNX) is -10.51% lower on its value in year-to-date trading and has touched a low of $31.06 and a high of $53.13 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 $31.56 in the last trading session, with the day’s gains setting it 0.53%.
Currently trading at $32.09, the stock is -7.52% and -12.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.13 million and changing 1.68% at the moment leaves the stock -21.37% off its SMA200. CGNX registered -19.43% loss for a year compared to 6-month loss of -20.53%.
The stock witnessed a -17.61% gain in the last 1 month and extending the period to 3 months gives it a -19.73%, and is -3.31% down 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 3.05% over the week and 3.53% over the month.
Cognex Corp (CGNX) has around 2914 employees, a market worth around $5.45B and $914.51M in sales. Current P/E ratio is 52.19 and Fwd P/E is 28.61. Profit margin for the company is 11.61%. Distance from 52-week low is 3.32% and -39.60% from its 52-week high. The company has generated returns on investments over the last 12 months (6.72%).
The EPS is expected to grow by 37.18% this year
The shares outstanding are 170.43M, and float is at 169.36M with Short Float at 2.57%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 17.63 million shares valued at $824.2 million. The investor’s holdings represent 10.2662 of the CGNX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 15.11 million shares valued at $706.34 million to account for 8.7982 of the shares outstanding. The other top investors are T. ROWE PRICE INVESTMENT MANAGEMENT, INC. which holds 6.2 million shares representing 3.6149 and valued at over $290.0 million, while STATE STREET CORP holds 3.0003 of the shares totaling 5.15 million with a market value of $240.7 million.
Cognex Corp (CGNX) Insider Activity
A total of 0 insider transactions have happened at Cognex Corp (CGNX) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider sale by Gerst Carl, the company’s EVP, Vision & ID Products. SEC filings show that Gerst Carl sold 6,803 shares of the company’s common stock on Feb 24 ’25 at a price of $32.73 per share for a total of $0.22 million. Following the sale, the insider now owns 4566.0 shares.
Cognex Corp disclosed in a document filed with the SEC on Feb 25 ’25 that Gerst Carl (EVP, Vision & ID Products) sold a total of 4,566 shares of the company’s common stock. The trade occurred on Feb 25 ’25 and was made at $33.05 per share for $0.15 million. Following the transaction, the insider now directly holds 0.0 shares of the CGNX stock.
Still, SEC filings show that on Feb 24 ’25, CARL W GERST III (Officer) Proposed Sale 11,369 shares at an average price of $32.78 for $0.37 million. The insider now directly holds shares of Cognex Corp (CGNX).
Cognex Corp (CGNX): Who are the competitors?
One of the company’s main competitors (and peers) include Schmitt Industries Inc. (SMIT) that is trading -41.61% down over the past 12 months.Hurco Cos. (HURC) lies in the list of competitors of the Cognex Corp and is -36.54% lower over the same period from CGNXZebra Technologies Corp. Cl A (ZBRA) is 5.82% up on the 1-year trading charts.
