Home News Stock Highlights: Cognex Corporation (NASDAQ: CGNX)

Stock Highlights: Cognex Corporation (NASDAQ: CGNX)


Cognex Corporation trades as part of the computer hardware industry and technology sector. The company CEO is Robert J. Willett. Cognex Corp is a provider of machine vision products that capture and analyze visual information in order to automate tasks in manufacturing processes. Its products are used to automate the manufacture and tracking of discrete items.

Previous Intraday Trading Performance:

The CGNX stock showed a previous change of 2.17% with an open at 47.07 and a close of 47.95. It reached an intraday high of 48.00 and a low of 46.51.

SeekingAlpha:  Cognex: Compelling Entry Point Ahead Of Earnings Announcement


The stock has a market cap of $8.3b with 172.2m shares outstanding, of which the float is 168.0m shares. Trading volume reached 1,348,942 shares compared to its average volume of 1,204,529 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Cognex Corporation shares returned 2.04% and in the past 30 trading days it returned 27.15%. Over three months, it changed 14.39%. In one year it has changed -12.31% and within that year its 52-week high was 60.47 and its 52-week low was 34.88. CGNX stock is 37.47% above its 52 Week Low.

Our calculations show a 200 day moving average of 46.53 and a 50 day moving average of 41.83. Currently CGNX stock is trading 3.06% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  Cognex: Compelling Entry Point Ahead Of Earnings Announcement


The last annual fiscal EPS for the company was reported at 0.99 that ended on 31st of December 2017, which according to the previous close, that is a PE of 48.43. Based on 7 analyst estimates, the consensus EPS for the next quarter is 0.23. The TTM EPS is 1.28, which comes to a TTM PE of 37.46. Historically, the PE high was 85.40 and the PE low was 13.10. If the stock reached its PE low, that would represent a price of 16.77, which is a decrease of -65.03%.

The following are the last four quarter reported earnings per share:
09-30-2018:  0.45
06-30-2018:  0.32
03-31-2018:  0.21
12-31-2017:  0.30

The dividend per share is currently 0.20, which is a dividend yield of 0.42%. Also, the payout ratio is 15.63%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 23.60, which means it may be overvalued by -103.15%

Indicators to Watch:

Based on the latest filings, there is 2.40% of insider ownership and 134.40% of institutional ownership. Short-interest is 0, which is 0.00% of shares outstanding. The short-interest ratio or days-to-cover ratio is 0.00.

The current calculated beta is 1.95

SeekingAlpha:  Cullen/Frost Bankers beats by $0.07, revenue in-line

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 12.84%, return on assets is 11.35%, profit margin is 28.36%, price-to-sales is 13.18 and price-to-book is 7.03.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 3  :Past Performance Score
 6  :Financial Strength Score
 4  :Future Growth Score
 0  :Dividend Score
 3  :Overall Score

John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.