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Cognex (CGNX) Competitors

Cognex logo
$37.50 +0.02 (+0.05%)
As of 04:00 PM Eastern

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

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

Cognex vs.

Coherent (NYSE:COHR) and Cognex (NASDAQ:CGNX) are both business services companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, analyst recommendations, institutional ownership, risk, valuation, earnings, profitability, media sentiment and community ranking.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Coherent$5.00B2.87-$156.15M-$1.23-75.50
Cognex$881.50M7.25$113.23M$0.5271.63

Coherent received 38 more outperform votes than Cognex when rated by MarketBeat users. Likewise, 62.71% of users gave Coherent an outperform vote while only 60.35% of users gave Cognex an outperform vote.

CompanyUnderperformOutperform
CoherentOutperform Votes
560
62.71%
Underperform Votes
333
37.29%
CognexOutperform Votes
522
60.35%
Underperform Votes
343
39.65%

Coherent has a beta of 1.67, meaning that its stock price is 67% more volatile than the S&P 500. Comparatively, Cognex has a beta of 1.4, meaning that its stock price is 40% more volatile than the S&P 500.

Cognex has a net margin of 10.10% compared to Coherent's net margin of -1.25%. Coherent's return on equity of 6.63% beat Cognex's return on equity.

Company Net Margins Return on Equity Return on Assets
Coherent-1.25% 6.63% 2.61%
Cognex 10.10%5.28%3.96%

83.3% of Coherent shares are held by institutional investors. Comparatively, 88.1% of Cognex shares are held by institutional investors. 0.6% of Coherent shares are held by insiders. Comparatively, 1.1% of Cognex shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

In the previous week, Cognex had 11 more articles in the media than Coherent. MarketBeat recorded 13 mentions for Cognex and 2 mentions for Coherent. Cognex's average media sentiment score of 0.96 beat Coherent's score of 0.00 indicating that Cognex is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Coherent
0 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cognex
3 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive

Coherent presently has a consensus target price of $109.07, suggesting a potential upside of 17.45%. Cognex has a consensus target price of $47.92, suggesting a potential upside of 28.64%. Given Cognex's higher possible upside, analysts clearly believe Cognex is more favorable than Coherent.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Coherent
0 Sell rating(s)
4 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.71
Cognex
1 Sell rating(s)
4 Hold rating(s)
6 Buy rating(s)
1 Strong Buy rating(s)
2.58

Summary

Cognex beats Coherent on 12 of the 19 factors compared between the two stocks.

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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$6.39B$20.10B$26.08B$9.01B
Dividend Yield0.87%0.75%2.77%4.03%
P/E Ratio71.6447.89236.4217.15
Price / Sales7.254.603,235.15123.83
Price / Cash42.7317.0335.7137.81
Price / Book4.263.788.145.02
Net Income$113.23M$406.10M$681.04M$226.97M
7 Day Performance3.88%-0.26%0.50%1.21%
1 Month Performance-1.35%3.98%3.84%1.25%
1 Year Performance-3.17%4.03%20.06%15.14%

Cognex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGNX
Cognex
4.8256 of 5 stars
$37.50
+0.1%
$47.92
+27.8%
-1.0%$6.43B$881.50M72.122,992Positive News
COHR
Coherent
3.1385 of 5 stars
$101.47
-4.5%
$109.07
+7.5%
+136.6%$15.69B$5.00B-82.5026,157Gap Up
BMI
Badger Meter
3.5637 of 5 stars
$212.60
-0.4%
$216.00
+1.6%
+41.8%$6.25B$803.82M52.752,140
ITRI
Itron
4.4696 of 5 stars
$109.17
-1.0%
$123.92
+13.5%
+54.4%$4.92B$2.41B22.375,859
OSIS
OSI Systems
4.0313 of 5 stars
$164.10
-1.6%
$179.00
+9.1%
+32.4%$2.74B$1.60B21.426,300News Coverage
Positive News
DAKT
Daktronics
4.7265 of 5 stars
$16.63
-1.2%
N/A+110.2%$781.38M$820.60M66.522,831Positive News
MLAB
Mesa Laboratories
0.8841 of 5 stars
$141.52
+2.3%
$140.00
-1.1%
+40.4%$768.60M$228.38M-3.11736Dividend Announcement
Positive News
FARO
FARO Technologies
3.4995 of 5 stars
$26.60
+0.2%
$29.50
+10.9%
+27.0%$503.19M$347.73M-76.001,243News Coverage
Positive News
VPG
Vishay Precision Group
3.067 of 5 stars
$23.75
+1.5%
$31.00
+30.5%
-27.6%$314.43M$323.40M23.992,300
MKSI
MKS Instruments
4.8712 of 5 stars
$114.16
+5.4%
$141.83
+24.2%
+15.2%$7.68B$3.54B253.6910,200Analyst Upgrade
ST
Sensata Technologies
4.6816 of 5 stars
$28.26
+2.4%
$41.00
+45.1%
-21.6%$4.23B$4.02B-52.3319,400

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This page (NASDAQ:CGNX) was last updated on 1/8/2025 by MarketBeat.com Staff
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