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Cognex (CGNX) Competitors

Cognex logo
$39.13 -1.20 (-2.98%)
(As of 11:49 AM ET)

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

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), Fortive (FTV), and MKS Instruments (MKSI).

Cognex vs.

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

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%

Coherent received 40 more outperform votes than Cognex when rated by MarketBeat users. Likewise, 62.74% of users gave Coherent an outperform vote while only 60.28% of users gave Cognex an outperform vote.

CompanyUnderperformOutperform
CoherentOutperform Votes
559
62.74%
Underperform Votes
332
37.26%
CognexOutperform Votes
519
60.28%
Underperform Votes
342
39.72%

Coherent has a beta of 1.67, suggesting that its stock price is 67% more volatile than the S&P 500. Comparatively, Cognex has a beta of 1.39, suggesting that its stock price is 39% more volatile than the S&P 500.

In the previous week, Cognex had 4 more articles in the media than Coherent. MarketBeat recorded 7 mentions for Cognex and 3 mentions for Coherent. Cognex's average media sentiment score of 1.13 beat Coherent's score of 0.61 indicating that Cognex is being referred to more favorably in the news media.

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

Coherent currently has a consensus price target of $99.79, indicating a potential downside of 5.26%. Cognex has a consensus price target of $47.91, indicating a potential upside of 21.97%. 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)
0 Strong Buy rating(s)
2.45

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$4.71B3.46-$156.15M-$1.23-85.63
Cognex$837.55M8.04$113.23M$0.5275.54

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 company insiders. Comparatively, 1.3% of Cognex shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Cognex beats Coherent on 11 of the 18 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$6.74B$20.96B$23.97B$8.97B
Dividend Yield0.80%0.70%2.66%4.04%
P/E Ratio75.5437.37220.6013.39
Price / Sales8.045.272,916.2286.49
Price / Cash45.5717.7734.2335.09
Price / Book4.493.757.854.96
Net Income$113.23M$406.10M$649.85M$224.10M
7 Day Performance-2.39%2.69%1.33%2.01%
1 Month Performance-2.80%8.46%9.04%9.79%
1 Year Performance2.29%14.85%20.84%29.97%

Cognex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CGNX
Cognex
4.6186 of 5 stars
$39.13
-3.0%
$47.91
+22.4%
+5.0%$6.71B$837.55M75.252,992Short Interest ↑
Positive News
COHR
Coherent
3.406 of 5 stars
$102.99
+2.8%
$99.79
-3.1%
+171.0%$15.93B$4.71B-83.2826,157
BMI
Badger Meter
4.1365 of 5 stars
$219.19
+1.1%
$214.75
-2.0%
+47.8%$6.45B$703.59M53.802,140Positive News
ITRI
Itron
4.3467 of 5 stars
$118.79
+0.2%
$123.92
+4.3%
+71.3%$5.36B$2.17B24.295,859Positive News
OSIS
OSI Systems
3.3961 of 5 stars
$178.19
+0.4%
$173.00
-2.9%
+45.7%$2.98B$1.54B23.096,681Analyst Upgrade
DAKT
Daktronics
4.2773 of 5 stars
$15.79
+2.5%
N/A+47.1%$731.74M$811.64M192.502,831
MLAB
Mesa Laboratories
2.5837 of 5 stars
$119.65
+2.1%
$140.00
+17.0%
+34.4%$649.70M$216.19M-2.57736Short Interest ↓
Positive News
FARO
FARO Technologies
2.7436 of 5 stars
$26.20
-0.2%
$28.00
+6.9%
+39.8%$495.70M$358.83M-75.001,243Positive News
VPG
Vishay Precision Group
3.2973 of 5 stars
$23.29
+1.4%
$31.00
+33.1%
-23.9%$308.34M$323.40M22.552,300
FTV
Fortive
4.9051 of 5 stars
$78.63
-0.9%
$87.82
+11.7%
+13.9%$27.28B$6.07B31.6118,000Positive News
MKSI
MKS Instruments
4.8982 of 5 stars
$118.40
+4.2%
$141.09
+19.2%
+40.1%$7.97B$3.62B252.5310,200Analyst Revision
Positive News

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This page (NASDAQ:CGNX) was last updated on 12/3/2024 by MarketBeat.com Staff
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