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Cognex (CGNX) Competitors

Cognex logo
$39.84
-1.01 (-2.47%)
(As of 11/5/2024 ET)

CGNX vs. MKSI, ST, HURC, COHR, BMI, ITRI, OSIS, MLAB, DAKT, and FARO

Should you be buying Cognex stock or one of its competitors? The main competitors of Cognex include MKS Instruments (MKSI), Sensata Technologies (ST), Hurco Companies (HURC), Coherent (COHR), Badger Meter (BMI), Itron (ITRI), OSI Systems (OSIS), Mesa Laboratories (MLAB), Daktronics (DAKT), and FARO Technologies (FARO).

Cognex vs.

MKS Instruments (NASDAQ:MKSI) and Cognex (NASDAQ:CGNX) are both mid-cap computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, dividends, media sentiment, risk, institutional ownership, valuation, earnings, community ranking and analyst recommendations.

In the previous week, Cognex had 20 more articles in the media than MKS Instruments. MarketBeat recorded 28 mentions for Cognex and 8 mentions for MKS Instruments. Cognex's average media sentiment score of 0.73 beat MKS Instruments' score of 0.51 indicating that Cognex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
MKS Instruments
4 Very Positive mention(s)
0 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Cognex
7 Very Positive mention(s)
2 Positive mention(s)
10 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

MKS Instruments has a beta of 1.63, suggesting that its share price is 63% more volatile than the S&P 500. Comparatively, Cognex has a beta of 1.4, suggesting that its share price is 40% more volatile than the S&P 500.

99.8% of MKS Instruments shares are held by institutional investors. Comparatively, 88.1% of Cognex shares are held by institutional investors. 0.5% of MKS Instruments shares are held by company insiders. Comparatively, 1.3% of Cognex shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Cognex has lower revenue, but higher earnings than MKS Instruments. Cognex is trading at a lower price-to-earnings ratio than MKS Instruments, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
MKS Instruments$3.62B1.88-$1.84B$0.11917.64
Cognex$881.50M7.75$113.23M$0.5276.62

MKS Instruments currently has a consensus target price of $141.09, suggesting a potential upside of 39.78%. Cognex has a consensus target price of $48.92, suggesting a potential upside of 22.78%. Given MKS Instruments' stronger consensus rating and higher probable upside, research analysts plainly believe MKS Instruments is more favorable than Cognex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
MKS Instruments
0 Sell rating(s)
4 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.75
Cognex
1 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.58

MKS Instruments received 23 more outperform votes than Cognex when rated by MarketBeat users. Likewise, 71.50% of users gave MKS Instruments an outperform vote while only 60.28% of users gave Cognex an outperform vote.

CompanyUnderperformOutperform
MKS InstrumentsOutperform Votes
542
71.50%
Underperform Votes
216
28.50%
CognexOutperform Votes
519
60.28%
Underperform Votes
342
39.72%

Cognex has a net margin of 10.10% compared to MKS Instruments' net margin of 0.25%. MKS Instruments' return on equity of 14.91% beat Cognex's return on equity.

Company Net Margins Return on Equity Return on Assets
MKS Instruments0.25% 14.91% 3.97%
Cognex 10.10%5.28%3.96%

MKS Instruments pays an annual dividend of $0.88 per share and has a dividend yield of 0.9%. Cognex pays an annual dividend of $0.32 per share and has a dividend yield of 0.8%. MKS Instruments pays out 800.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Cognex pays out 61.5% of its earnings in the form of a dividend.

Summary

MKS Instruments beats Cognex on 12 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CGNX vs. The Competition

MetricCognexProcess control instruments IndustryComputer SectorNASDAQ Exchange
Market Cap$6.83B$20.72B$23.49B$8.59B
Dividend Yield0.74%0.70%2.68%4.03%
P/E Ratio76.62151.90253.6916.27
Price / Sales7.754.763,650.7598.23
Price / Cash46.0616.4031.7231.49
Price / Book4.563.517.154.67
Net Income$113.23M$432.15M$658.29M$223.65M
7 Day Performance-1.87%0.24%-0.12%0.41%
1 Month Performance0.81%-2.66%1.05%4.70%
1 Year Performance9.87%21.15%19.86%27.25%

Cognex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGNX
Cognex
4.7525 of 5 stars
$39.84
-2.5%
$49.17
+23.4%
+12.7%$6.83B$881.50M76.622,992Dividend Increase
Analyst Downgrade
MKSI
MKS Instruments
4.99 of 5 stars
$100.60
+1.3%
$141.09
+40.2%
+45.4%$6.68B$3.62B914.5510,200Upcoming Earnings
ST
Sensata Technologies
4.741 of 5 stars
$34.48
+0.4%
$43.40
+25.9%
+3.6%$5.21B$4.05B862.2219,400Earnings Report
Analyst Forecast
News Coverage
Gap Down
HURC
Hurco Companies
0.9071 of 5 stars
$20.82
-0.9%
N/A+4.8%$135.50M$227.81M-10.57740
COHR
Coherent
3.5995 of 5 stars
$92.28
-0.2%
$87.23
-5.5%
+176.7%$14.27B$4.71B-50.1526,157Upcoming Earnings
BMI
Badger Meter
4.1708 of 5 stars
$201.98
+1.0%
$214.75
+6.3%
+41.9%$5.94B$703.59M50.122,140Positive News
ITRI
Itron
4.4805 of 5 stars
$111.81
+0.0%
$123.50
+10.5%
+78.9%$5.03B$2.17B22.915,859Earnings Report
Analyst Revision
News Coverage
OSIS
OSI Systems
4.7239 of 5 stars
$132.16
0.0%
$173.00
+30.9%
+22.3%$2.21B$1.54B17.256,681
MLAB
Mesa Laboratories
1.9202 of 5 stars
$118.00
+3.5%
$140.00
+18.6%
+27.1%$616.86M$216.19M-2.54736Analyst Upgrade
DAKT
Daktronics
3.5478 of 5 stars
$12.99
-0.3%
N/A+37.1%$601.98M$811.64M162.382,831
FARO
FARO Technologies
3.8526 of 5 stars
$17.69
+0.9%
$24.50
+38.5%
+7.3%$344.96M$358.83M-22.391,243Upcoming Earnings

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This page (NASDAQ:CGNX) was last updated on 11/5/2024 by MarketBeat.com Staff
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