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Cognex (CGNX) Competitors

Cognex logo
$24.45 +0.50 (+2.09%)
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 mid-cap business services companies, but which is the better stock? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, valuation, profitability, risk, media sentiment, dividends and community ranking.

Cognex has a net margin of 11.61% compared to Coherent's net margin of 1.28%. Coherent's return on equity of 8.29% beat Cognex's return on equity.

Company Net Margins Return on Equity Return on Assets
Coherent1.28% 8.29% 3.25%
Cognex 11.61%5.65%4.25%

In the previous week, Cognex had 8 more articles in the media than Coherent. MarketBeat recorded 14 mentions for Cognex and 6 mentions for Coherent. Cognex's average media sentiment score of 0.74 beat Coherent's score of 0.29 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)
5 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cognex
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
6 Negative mention(s)
0 Very Negative mention(s)
Positive

Coherent presently has a consensus price target of $111.00, indicating a potential upside of 101.20%. Cognex has a consensus price target of $44.17, indicating a potential upside of 84.41%. Given Coherent's stronger consensus rating and higher possible upside, equities analysts clearly believe Coherent is more favorable than Cognex.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Coherent
0 Sell rating(s)
2 Hold rating(s)
12 Buy rating(s)
2 Strong Buy rating(s)
3.00
Cognex
1 Sell rating(s)
6 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.46

Coherent received 44 more outperform votes than Cognex when rated by MarketBeat users. Likewise, 62.80% of users gave Coherent an outperform vote while only 59.93% of users gave Cognex an outperform vote.

CompanyUnderperformOutperform
CoherentOutperform Votes
569
62.80%
Underperform Votes
337
37.20%
CognexOutperform Votes
525
59.93%
Underperform Votes
351
40.07%

83.3% of Coherent shares are owned by institutional investors. Comparatively, 88.1% of Cognex shares are owned by institutional investors. 0.6% of Coherent shares are owned by insiders. Comparatively, 1.6% of Cognex shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

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$5.31B1.61-$156.15M-$0.41-134.56
Cognex$914.52M4.44$106.17M$0.6139.26

Coherent has a beta of 1.88, suggesting that its stock price is 88% more volatile than the S&P 500. Comparatively, Cognex has a beta of 1.56, suggesting that its stock price is 56% more volatile than the S&P 500.

Summary

Cognex beats Coherent on 10 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$4.06B$17.03B$22.13B$7.55B
Dividend Yield1.36%1.06%3.01%4.34%
P/E Ratio39.2622.5039.0917.71
Price / Sales4.444.122,076.1493.58
Price / Cash47.7518.5034.6834.64
Price / Book2.683.235.683.90
Net Income$106.17M$492.30M$738.03M$247.45M
7 Day Performance-2.28%2.61%2.75%2.34%
1 Month Performance-23.99%-12.93%-6.47%-8.64%
1 Year Performance-40.50%-16.34%53,018.21%-3.88%

Cognex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGNX
Cognex
4.6325 of 5 stars
$24.45
+2.1%
$44.17
+80.6%
-40.5%$4.14B$914.52M40.082,440Gap Up
High Trading Volume
COHR
Coherent
4.005 of 5 stars
$52.73
+4.3%
$111.00
+110.5%
+2.9%$8.17B$5.31B-128.6123,700Short Interest ↑
Gap Up
High Trading Volume
BMI
Badger Meter
3.9088 of 5 stars
$172.73
0.0%
$225.20
+30.4%
+20.0%$5.08B$826.56M40.832,140Upcoming Earnings
Positive News
Gap Up
High Trading Volume
ITRI
Itron
4.5824 of 5 stars
$94.38
-0.4%
$127.64
+35.2%
+10.5%$4.30B$2.44B19.345,480Positive News
OSIS
OSI Systems
4.0269 of 5 stars
$178.77
+2.5%
$212.00
+18.6%
+36.3%$3.00B$1.65B23.016,300
DAKT
Daktronics
4.7699 of 5 stars
$11.41
-1.7%
$26.00
+127.9%
+30.0%$597.17M$799.81M45.642,480Positive News
Gap Up
MLAB
Mesa Laboratories
2.0777 of 5 stars
$109.04
+1.0%
$140.00
+28.4%
+9.1%$592.52M$237.75M-2.36680Dividend Announcement
News Coverage
Gap Down
FARO
FARO Technologies
3.0786 of 5 stars
$24.15
+1.1%
$35.00
+44.9%
+29.3%$458.42M$342.43M-69.001,490Gap Up
VPG
Vishay Precision Group
3.4863 of 5 stars
$20.41
-0.1%
$28.50
+39.6%
-39.5%$270.63M$306.52M27.592,700Short Interest ↑
Gap Up
High Trading Volume
MKSI
MKS Instruments
4.9425 of 5 stars
$62.99
+4.5%
$140.08
+122.4%
-46.6%$4.25B$3.59B22.506,400News Coverage
Positive News
Gap Down
High Trading Volume
ST
Sensata Technologies
4.5667 of 5 stars
$18.87
+0.8%
$38.00
+101.4%
-43.5%$2.82B$3.93B22.4620,800Gap Down
High Trading Volume
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This page (NASDAQ:CGNX) was last updated on 4/14/2025 by MarketBeat.com Staff
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