Cognex Co. (NASDAQ:CGNX - Free Report) - Research analysts at DA Davidson issued their Q1 2025 earnings estimates for shares of Cognex in a research report issued on Wednesday, February 19th. DA Davidson analyst M. Summerville anticipates that the scientific and technical instruments company will earn $0.05 per share for the quarter. The consensus estimate for Cognex's current full-year earnings is $0.61 per share. DA Davidson also issued estimates for Cognex's FY2026 earnings at $0.84 EPS.
Cognex (NASDAQ:CGNX - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The scientific and technical instruments company reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.15 by ($0.01). Cognex had a net margin of 11.61% and a return on equity of 5.65%.
Several other research analysts also recently weighed in on CGNX. Truist Financial restated a "hold" rating and set a $37.00 target price (down from $43.00) on shares of Cognex in a research note on Friday, February 14th. Stephens reiterated an "overweight" rating and set a $55.00 price objective on shares of Cognex in a research note on Thursday, January 2nd. Citigroup cut their target price on Cognex from $44.00 to $42.00 and set a "neutral" rating on the stock in a research report on Monday, January 13th. HSBC cut Cognex from a "buy" rating to a "hold" rating and set a $33.00 price target for the company. in a research report on Friday. Finally, Robert W. Baird cut their price objective on Cognex from $42.00 to $38.00 and set a "neutral" rating on the stock in a report on Tuesday, February 18th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Cognex has a consensus rating of "Hold" and an average target price of $44.83.
View Our Latest Analysis on CGNX
Cognex Price Performance
Shares of NASDAQ:CGNX traded up $0.18 during trading hours on Thursday, hitting $32.96. 867,348 shares of the company's stock traded hands, compared to its average volume of 1,401,758. The business has a fifty day moving average price of $37.35 and a 200-day moving average price of $38.76. The firm has a market capitalization of $5.60 billion, a P/E ratio of 54.03 and a beta of 1.40. Cognex has a 1 year low of $32.14 and a 1 year high of $53.13.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of CGNX. Mackenzie Financial Corp lifted its holdings in Cognex by 9.5% during the 4th quarter. Mackenzie Financial Corp now owns 2,038,345 shares of the scientific and technical instruments company's stock worth $73,095,000 after buying an additional 177,324 shares during the last quarter. Forum Financial Management LP acquired a new stake in shares of Cognex during the 4th quarter valued at approximately $210,000. Pinney & Scofield Inc. purchased a new position in Cognex during the 4th quarter valued at about $124,000. Neo Ivy Capital Management purchased a new stake in Cognex in the 4th quarter valued at approximately $1,914,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of Cognex by 24.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 466,889 shares of the scientific and technical instruments company's stock worth $16,743,000 after buying an additional 90,640 shares in the last quarter. Hedge funds and other institutional investors own 88.12% of the company's stock.
Insider Transactions at Cognex
In related news, CTO Joerg Kuechen sold 2,934 shares of the stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $37.75, for a total value of $110,758.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.10% of the company's stock.
Cognex Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Thursday, February 27th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Thursday, February 27th. This represents a $0.32 dividend on an annualized basis and a yield of 0.97%. Cognex's payout ratio is 52.46%.
About Cognex
(
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Cognex Corporation provides machine vision products that capture and analyze visual information to automate manufacturing and distribution tasks worldwide. Its machine vision products are used to automate the manufacturing and tracking of discrete items, including mobile phones, electric vehicle batteries, and e-commerce packages by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process.
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